Finding a place to rent or buy has never been easy in Switzerland, a real estate market notorious for tight supply of property. © Rosshelen | Dreamstime.comRecently published data from Switzerland’s Federal Statistical Office show are rise in vacancy rates from 1.66% to 1.72% in 2020. On 1 June 2019, there were 75,383 vacant properties either for rent or purchase across Switzerland. By 1 June 2020, the figure had risen to 78,832, a rise of close to 5%. Out of the total, 66,320 were...
Read More »Swiss National Bank intervenes heavily to weaken Swiss franc
Official data recently released by the Swiss National Bank (SNB) show it sold 51.5 billion Swiss francs while acquiring US dollar and euro-denominated assets in a bid to weaken the franc over the first quarter of 2020. © Michael Müller | Dreamstime.comThe data followed comments by SNB President Thomas Jordan signalling that even larger interventions may be on the cards in the future. Switzerland’s long-running battle with its overvalued currency has drawn criticism from the US. In...
Read More »Women 62 percent of doctors under 40 in Switzerland
© Kaspars Grinvalds | Dreamstime.com At the end of 2018, there were 23,000 doctors in Switzerland, according to a recently published study. Overall, 41% of these doctors were women. Among doctors aged 60-64, the percentage was 28%. However, 62% of doctors under 40 were women, a figure which partly reflects the higher numbers of women graduating from Swiss universities. In 2019, significantly more women than men were university graduates in the youngest age band in...
Read More »Rising numbers struggling to pay rent in Switzerland
© Ocskay Mark | Dreamstime.com Nearly 44% of renters surveyed said that coming up with the money pay rent is now harder than it was before Covid-19, according to ASLOCA, a renters’ association. Following the survey the organisation is calling for more protection against the cancellation of rental contracts and moratoriums on evictions. The main reason cited for the current financial difficulties faced when paying rent was falling revenue from fewer hours of work,...
Read More »Coronavirus: Switzerland seems to be fending off potential second wave
© Simon Kadula | Dreamstime.com The number of recorded Covid-19 cases in Switzerland has declined over the last 12 days. Over the most recent 14 days, the number of recorded cases per 100,000 in Switzerland was 59, below the figure of 60 used by the Swiss health authorities to define a region as high risk. 12 days ago on 20 September, the same rate was 67 per 100,000. The French-speaking canton of Vaud, Switzerland’s most recent Covid-19 hotspot, has recently seen...
Read More »Pandemic increases demand for second homes in Switzerland
Demand for second homes has risen since restrictions related to coronavirus were loosened, according to real estate company Wüest Partner. © Roland Van Der Meeren | Dreamstime.comThe option of remote working appears to be encouraging some to trade time in central city locations for more time in Alpine resorts, the countryside, commuter regions and smaller cities. The prices of second homes have risen 3.6% over the last 12 months, according to firm. Demand for independent houses in...
Read More »Rising numbers struggling to pay rent in Switzerland
Nearly 44% of renters surveyed said that coming up with the money pay rent is now harder than it was before Covid-19, according to ASLOCA, a renters’ association. © Ocskay Mark | Dreamstime.comFollowing the survey the organisation is calling for more protection against the cancellation of rental contracts and moratoriums on evictions. The main reason cited for the current financial difficulties faced when paying rent was falling revenue from fewer hours of work, partial business...
Read More »Switzerland adds 18 more regions to its quarantine list
© Abdul Sami Haqqani | Dreamstime.com Today, Switzerland’s Federal Office of Public Health (FOPH) added 18 regions to its compulsory quarantine list. Anyone arriving in Switzerland from these place from 28 September 2020 will be required by law to quarantine for 10 days. From 14 September 2020, Switzerland shifted from a system of listing entire countries to one which lists whole countries and regions within them. New additions to the list from 28 September 2020...
Read More »Switzerland to ramp up seasonal flu vaccinations to cut Covid-19 co-infection risk
© Arturs Budkevics | Dreamstime.com As winter approaches the federal and cantonal governments of Switzerland are hoping a larger number of people than normal will get the seasonal flu jab as the spread of Covid-19 continues, according to RTS. In a regular year Switzerland orders 1.2 million doses of the seasonal flu vaccine. These doses have already been ordered and will be delivered in late September and early October. This year the federal government is aiming for...
Read More »Cost of Swiss health insurance to rise in 2021
Compulsory Swiss health insurance premiums are set to rise by an average of 0.5% in 2021, according to the Federal Office of Public Health (FOPH). © Svershinsky | Dreamstime.comThe average monthly premium will rise to CHF 316.50, 0.5% higher than in 2020. Premiums have risen an average of 3.7% p.a. since obligatory insurance was introduced in Switzerland in 1996. The average premium for adults will rise to CHF 375.40 (+0.4%), to CHF 265.60 (+0.4%) for young adults, while falling to...
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