Can I Keep a Swiss Mortgage if I leave Switzerland?

Dear Sirs/Madames,

I am a Swiss citizen and own a duplex in Switzerland. I would like to move to an EU country. My current lender indicated that I would have to terminate my mortgage if I move my residence outside of Switzerland.

Is there a financial institution which would give me a fixed rate mortgage under these circumstances?

The property is worth around 850,000 Swiss francs and I would need a mortgage of 400,000 francs. Both homes will be rented out when I move, and the rental income would come to 28,800 francs per year.

With kind regards.

Hi there,

According to the results of a survey conducted by the Organization of the Swiss Abroad (OSA), mortgages of Swiss properties whose Swiss owners reside abroad are accepted by the following banks:

Aargauische Kantonalbank
Appenzeller Kantonalbank
Banque cantonale du Jura
Berner Kantonalbank
Nidwalder Kantonalbank
Obwalder Kantonalbank
Schaffhauser Kantonalbank
Thurgauer Kantonalbank
Banque cantonale du Valais
Banque cantonale vaudoise
Zürcher Kantonalbank
Valiant Bank
Migros Bank

You can find the full survey on the OSA website (aso.ch) under: Living Abroad/Swiss Banks

You can compare the current showcase mortgage rates of these banks using the comprehensive and unbiased moneyland.ch mortgage comparison.

Best regards from Moneyguru