Loans for Expats in Switzerland

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  • BenutzernameMoneyland User Questions
  • Status Member
  • Registriert seit1/27/17
  • Beiträge2142

Hi everyone,

Do any expats on this forum have experience applying for loans in Switzerland? Are there any banks or lenders which have favorable conditions for expats, or which are more likely to accept loan applications from expats, in your experience?

I'd appreciate any feedback and experiences you can share.

  • BenutzernameMoneyguru von
  • OrtSchweiz
  • Status Expert
  • Registriert seit8/4/15
  • Beiträge4016

Hi there,

Swiss lenders provide personal loans to individuals who are resident in Switzerland and fulfill a number of additional criteria (good creditworthiness, stable salary, etc.)

The type of residence permit you hold will determine your eligibility for loans. Most lenders will only give loans to expats who hold a B permit if they have resided in Switzerland for at least 1 year at the time of applying for the loan. A few lenders also consider applicants who have only been resident for 6 months.

As a general rule, you will have to be employed on a fulltime, unlimited basis in order to approved for a loan in Switzerland. Exceptions are made on a case by case basis, so if you have good reason to believe that you should be approved for a loan, consider explaining your situation to the lender in question.

The amount you can borrow is determined primarily by your creditworthiness.

Best regards from Moneyguru

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