Tax non-resident · Switzerland · CHF

Buying German property from Switzerland — residence and cross-border work

Resident in Switzerland, income in CHF — and still a mortgage in Germany? It’s possible — but with special requirements on equity, proof of income and choice of bank. As a non resident mortgage, this case needed the right bank from the start, not the first one approached.

In short

In short

Can Germans living in Switzerland finance property in Germany?

Yes. Residence in Switzerland with income in CHF and a mortgage in Germany is possible, with special requirements on equity, proof of income and the choice of bank. More lenders accept a Swiss residence in their country lists than a Swedish or Danish one, so the pool of banks is somewhat wider.

Loan to value: how is CHF income assessed, and how much equity is needed?

Banks that accept a Swiss residence apply a safety discount of 10–50 % on the CHF income converted into euros, depending on currency and type of income. Loan-to-value is 60–100 %, depending on income type and creditworthiness; expect up to 40 % equity depending on the case, plus incidental costs.

Cross-border commuters →

Market reference values

Market reference values, Germany

2.00 %ECB key rate
3.5–3.9 %10-yr mortgage rate (effective)
€100,000KfW home ownership (124)
€150,000KfW climate-friendly new build (297/298)

Market reference values for Germany, as of 06/2026 — not offers; terms depend on creditworthiness and the property. KfW funding modules depend on the project and on owner-occupation, with eligibility assessed case by case. Sources: Deutsche Bundesbank (MFI interest-rate statistics), KfW, Dr. Klein.

Can you get a German mortgage while living in Switzerland?

Yes — and the constellation is more workable than its reputation suggests. Compared with other third countries, Switzerland brings proximity, a stable legal environment and employment records that German lenders can read.

Income in francs is credited with a safety discount of 10 to 50 % on the converted euro amount rather than in full; the loan-to-value runs at 60 to 100 % depending on income type and credit standing, so equity reaches up to 40 % plus purchase costs. Most banks do not charge an interest premium. What differs is the file: proof of income has to cover a longer period than for a resident borrower. Pension fund capital can serve as equity, but only for an owner-occupied main residence — an early withdrawal under the WEF rules of the BVG is excluded by law for investment property, letting and second homes. Cross-border commuters and long-term residents are both familiar ground.

Key figures

Swiss residence at a glance

up to 40 %Equity depending on the case + incidental costs
CHFIncome at specialist banks
15–25 %Of all banks active here

Why a Swiss residence is its own category

Switzerland is not an EU member — and more German lenders admit a Swiss residence in their country lists than a Swedish or Danish one. That is an important advantage: the choice of banks is somewhat wider than for tax non-residents from Sweden or Denmark.

At the same time, Switzerland is a challenge of its own: income in CHF is assessed by many banks with discounts, because the foreign-currency risk remains. Banks that accept a Swiss residence calculate with a safety discount of 10–50 % on the CHF income converted into euros, depending on currency and type of income.

Pension-fund money is an important equity element in the Swiss constellation — but only for owner-occupation as your main residence. An early withdrawal under Swiss home-ownership promotion (WEF/BVG) is legally excluded for investment properties, rental, or second homes; the pension fund also typically requires you to relocate your residence to Germany. For a rented-out property this route is not available. Swiss banks confirm the entitlement; German banks assess it differently. I know the banks that accept it.

Terms

What's realistic

  • Loan-to-value: 60–100 %, depending on income type and creditworthiness
  • Equity: up to 40 % depending on the case, plus incidental costs (notary, land register, property transfer tax)
  • Fixed-interest period: 5, 10, 15 or 20 years — the same as for a German residence
  • Interest rate: close to standard terms; some banks calculate a +0.1–0.3 % surcharge
  • Mortgaged property: the property is in Germany — valued at the German market value
  • Notary appointment: in person in Germany or a power of attorney certified by a Swiss notary
Other countries of residence

Financing from other countries

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Related topics

Further pages

Overview

Germans abroad — main page

All countries of residence at a glance.

FAQ

Common questions

Do I pay higher interest with a Swiss residence?
Usually not. Most banks that finance a Swiss residence do not charge an interest surcharge. Only a few institutions add one for the extra effort — we steer you to the favourable ones.
Does it also work as a cross-border commuter?
Yes; both permanent residents and cross-border commuters with franc income are a well-established speciality.
How much can I finance?
Depending on location and creditworthiness, 60–100 % of the lending value is possible; equity accordingly up to 40 % depending on the case, plus purchase costs.
Do I have to travel to Germany?
Usually not strictly — much runs digitally. We arrange postal delivery and account handling with you.
I'm planning to return to Germany — does that change the financing?
Yes, usually to your advantage. Buying the property for owner-occupation after your return widens the pool of banks compared with a pure investment purchase from Switzerland, and with a fixed return date and planned owner-occupation you often become eligible for regular KfW programmes (e.g. KfW 124), which is usually excluded for investment purchases from abroad. Getting the timing of the fixed-interest period, the return date and the application right matters — I discuss that in the initial consultation.