Friday, April 20, 2018

The cost of setting up



When setting up life in a new country, you will need some cash. If you need to wait until you get paid, it will be quite difficult. We took a guess at what we would need to get set up at about 20k CHF, and that has proved out to be about right. Here is a breakdown of the things we needed to pay for:

  • Rental Deposit = 3x montly rent
  • First Month rent
  • Heath insurance premiums - in Switzerland, you need to select a plan within 90 days, and then you are back-covered. Of course, you also owe back premiums. So, for us, they sucked out two months of premiums. 
  • Renters insurance - annual premium
  • Rail passese
  • Registration fees for the city/canton
  • Money for moving-related incidentals (car rental to procure household goods)
  • Down payment on furniture rental or purchase of necessary furniture pieces
  • Grocery and incidentals budget during first few weeks until paychecks roll in

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