Retiring to Switzerland from the UK: a complete guide

Can a UK citizen retire to Switzerland?

Yes, you can retire to Switzerland from the UK, even after Brexit, although there are specific criteria you need to meet. The key requirement is financial independence, as Switzerland expects you to support yourself without relying on Swiss public funds.

You’ll need to apply for a ‘non-lucrative residence permit’ (often called a Swiss retirement visa), known as Permit B, and allowed you to stay in Switzerland for up to five years.

To qualify, you must be over 55, live in Switzerland for more than 183 days a year, and show a “personal link” to the country. This residence permit costs CHF 95. 

Although the retirement visa allows you to settle in Switzerland, if you’re aiming for a Swiss permanent residence permit C, you’ll need to live in the country for 10 consecutive years.

For UK citizens retiring to Switzerland from the UK, the visa application should be submitted at the relevant cantonal migration office within two weeks of arrival. Initial permits are issued for one year and are renewable.

How much money do you need to retire in Switzerland?

It largely depends on your lifestyle and chosen location. Living in Switzerland can be pricey, with typical monthly expenses for a single retiree around CHF 1,500, excluding rent. 

Renting a one-bedroom apartment in a city like Zurich or Geneva averages around CHF 2,000 (£1,700) per month, which is generally higher than in the UK.

Rents can be lower in smaller towns or rural areas, helping stretch your budget. Groceries and dining out are also costly, with average monthly food expenses of around CHF 700 (£595).

Public transport is efficient but not cheap. A monthly public transit pass costs about CHF 80–CHF 100 (£70–£85).

The cost of living varies across Switzerland, with Zurich and Geneva topping the most expensive areas, while rural areas like Jura or Valais offer more affordable living. Picking the right region can help stretch your budget while enjoying Switzerland’s high quality of life.

What are the benefits of retiring in Switzerland?

Retiring to Switzerland from the UK offers a range of perks, such as safety, cleanliness, and high living standards. It’s a country that values quality of life, making it an ideal retirement choice.

Healthcare is another significant plus. Switzerland’s system is private but exceptionally high quality, with advanced medical facilities and prompt service. Although healthcare requires insurance, retirees appreciate the level of care and the peace of mind it brings.

There’s also Switzerland’s natural scenery, with the Alps, lakes, and countless hiking trails to explore.

What are the drawbacks of retiring in Switzerland?

Switzerland is known for being one of the most expensive places to live globally. Its high prices on housing, food, and general living expenses make budgeting a priority.

Compared to the UK, monthly costs are generally higher.

Switzerland’s tax system can also be tricky. Taxes are applied at three levels – federal, canton (one of the 23 states), and municipal (a territorial public authority) – each with its own rates.

This layered approach can be complex, especially if you’re new to the country, so it’s a good idea to consult with a tax adviser.

Unlike the NHS, Swiss healthcare operates privately, so you’ll need to purchase insurance. Premiums can be substantial, so it’s something you’ll need to plan and budget for.

Can you use your UK pension in Switzerland?

UK pensions are accessible in Switzerland, allowing you to draw your funds even if you’re no longer living in the UK. The UK state pension can be claimed in Switzerland and will continue to increase annually thanks to the agreement between the two countries.

If you have personal pensions, you might consider transferring them to a Swiss-qualified scheme, though it can involve fees and tax implications.

Many retirees find it easier to keep their UK pension in a UK account and transfer funds as needed. But remember, currency exchange rates can affect your income, so it’s worth timing transfers or working with a financial adviser to get the best value.

On the tax front, Switzerland and the UK have a double-taxation treaty to help you avoid paying taxes on your pension twice. Depending on your situation, you may even qualify for partial tax exemptions in Switzerland, so it’s smart to explore all your options.

What healthcare options are available for UK retirees in Switzerland?

Switzerland’s healthcare system differs from the NHS. Health insurance is mandatory, and in 2025, the average monthly health insurance premium in Switzerland is projected to be CHF 378.70, though costs vary based on factors like age, location, deductibles, insurance model, and medical history.

Choosing an insurance plan can seem daunting, so it’s worth comparing different providers to find one that suits your needs.

Some plans offer added benefits, such as private hospital rooms or additional care options. With Switzerland’s highly regarded healthcare system, you’re in safe hands – but plan for the costs involved.

What are the steps to retire to Switzerland from the UK?

Here’s how to make retiring to Switzerland from the UK run smoothly:

• Obtain a visa: Start by applying for your retirement visa and providing proof of your financial independence.
• Find accommodation: Begin your search early, especially if you’re considering a canton with lower tax rates.
• Plan your finances: Account for healthcare, taxes, and daily expenses to set a realistic budget.
• Open a Swiss bank account: Swiss banks typically require proof of residence and financial background.
• Manage your pensions: Decide whether to transfer your UK pension or keep your funds in a UK account.

Preparation is key, so gathering the necessary paperwork and budgeting ahead will make your move as smooth as possible.

What lifestyle can you expect when retiring in Switzerland?

In short – an excellent quality of life. Switzerland offers a mix of natural beauty, outdoor activities, and cultural attractions that make retirement here feel adventurous and relaxing. 

Whether you’re into hiking, skiing, or simply enjoying the views, Switzerland is an outdoor lover’s paradise.

In popular cities like Zurich, Lucerne, and Lausanne, English-speaking communities are common, making it easier to find like-minded people and settle in.

Though many locals speak English, learning a few phrases in German, French, or Italian can go a long way in connecting with your community. Embracing Swiss customs and traditions can enrich your retirement experience and make Switzerland feel like home.

Get financial advice 

Retiring to Switzerland from the UK can be incredibly rewarding if you’re prepared. It combines beautiful landscapes, good healthcare, and a vibrant lifestyle.

While there are a few challenges, like high costs and necessary financial planning, with some preparation, Switzerland offers UK retirees a fulfilling place to enjoy their golden years.

Unbiased will match you with a professional financial adviser to help you navigate every step of your retirement planning journey.