My Salary & Expenses as a Software Engineer in Switzerland

In this video, I'll talk about my income as a Software Engineer here in Basel, Switzerland, and provide a detailed breakdown of my monthly expenses to give you a transparent insight into my financial situation.

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Timestamps:
0:00 - Intro
0:24 - My income
1:39 - Side incomes
2:50 - Expenses
5:06 - Conclusion
5:37 - Taxes
6:02 - Outro

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Music🎵
Track 1
Music Credit: LAKEY INSPIRED
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Track Name: "Butter"
"Lukrembo - Butter" is under a Creative Commons (CC BY-NC-SA 3.0) license.

Track 3
Music By: "KaizanBlu - Remember"
Track Name: "REMEMBER"
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#softwaredeveloper #techcareer #salary

[RichardStrittmatter]

Clarification:
Some have already pointed out to me that I made a mistake in my expression regarding taxes. I referred to the point of tax exemption under 100k CHF concerning the value-added tax(VAT) in Switzerland, NOT the income tax. This is obviously a big difference, and my statement in the video is accordingly incorrect. I apologize for any confusion this has caused and appreciate your understanding as I correct this error. Thanks to everyone pointing that error out :)

[FERNANDOSchmeiske]

That is a very interesting and clarifying content, provides a great overview of the financial scenario to work and live in Switzerland. Thank you for sharing, Richard.

[qushu]

Thanks, that was helpful information. I am planning to move to Switzerland and now can orient myself better.

[sreylethtimmer]

Thank you for breaking this down and for your transparency. It's very helpful to know how much you earn and what you need to pay in income taxes. My husband and I are Senior Software Engineers in California, USA. We earn more, but we also pay higher taxes. We visited Switzerland in 2021 and I felt a deep connection with the country. It's now my goal to live in Switzerland one day! You're doing great for your age—keep up the good work. Happy for you!

[enfordert]

Wow, I am surprised ho this video doesn't have thousands of views. It would be interesting if you made a video about getting a job in Switzerland its main pluses how hard it is and all that kind of stuff

[X.C.]

It's very impressive that you have managed to mantain 3 such profitable income streams. Inspiring.

[marvinl]

Bist du dir mit den "keine Einkommenssteuer" für Nebengewerbe unter 100k sicher? Weißt du zufällig wie die Regelung heißt?

Ich glaube, dass die 100k Grenze auf die "Mehrwertsteuer" aka. VAT bezogen ist. Einkünfte aus Nebengewerbe wird meines Wissens nach wie ein Haupteinkommen (vom Job) besteuert, oder?

[albertorv]

Hello and thank you for your informative video! Could you clarify on the tax of your side business, or point me to where I could read more about it. Basically do you pay any tax at all on that income or does it go straight into your pocket? I am a doctor thinking of opening a part time practice (psychiatry) and it seems crazy good to be able to pocket that income together with the monthly salary from the hospital.

Cheers!

[tupapa]

Thanks Richard ur video help me a lot !

[zahrouuu]

I’m studying CS and I’m confused what should I specialize in to be software engineer

[tortyr]

I've just found your channel, that's exactly what I needed! I'm gonna binge watch it!

My I ask you 2 questions?
1) Do Switzerland give a chance to entry level positions?
2) I'm focusing on QA/Software Testing, do you feel it's common over there?

I'm almost in the process of job applications, a couple of months and I'll apply, but I fear they really ask for qualified people, like min 3y of experience.

I'm French and wish to apply in Geneva. In Zurich and German speaking zones are really thriving with IT jobs compared to the French speaking zones, and in the software testing they unfortunately ask you to speak German fluently.

Thank you for your attention

[blancroxy]

You forgot one very important expense: taxes on your income.
In your situation, this represents about 19% of your salary.

The information you've given about taxes isn't correct at all . Additional income is also subject to tax. I advise you to report it immediately, because the longer you wait, the more you'll have to pay (interest on late payments is very high).

[CODEMENTAL]

Thanks for the informative video. I am moving to Switzerland and I am surprised that you can make up to 100k swiss francs on the side without being taxed. Is that under your own name. Or do you have a limited company for that?

[Viafro]

I am junior dev from south France and i am looking for an entry level job in switzerland. Vive la Suisse 🇨🇭, j'arrive bientôt 😊

[releon]

As a future software developer, I'll take this video as an inspiration to work in switzerland.

[cyberthugFi]

Do you have to learn french or german to get the job? or you wrok with english only?

[marcelal.]

Is there a place on Earth where a software eng can't live without worrying about costs of living? :D Of course taking into acount single life in a small apartment. On the other hand - day care for only one child costs ca. 3000Fr a month in Zurich (plus you have to wait months/years for a place there). Bigger apartment is 3.5-4k etc I would say for a single person or couple without kids, Zurich is a perfect place to work and live. Things changes very much though, if you have a family - then maybe lower salary in Germany is a smaller problem, as your taxes actually pay for a lot of stuff for you.

[RabiaLacin]

hello, I'm 21 years old, I'm currently on my way to becoming a full-stack developer, and my dream is to work as a software engineer in Switzerland, what do I need to do for this? i would be happy if you could give me some advice.Thank you for the reply in advance

[culartravel]

I have some questions:
How's the situation in Switzerland regarding freelancers getting hired temporarily? For example 3-6 month or up to 1 year contracts. Any idea what the average hourly rate is for a senior dev?
Such situation requires registering a company and work as that company. Is it possible to get citizenship through that way?
I'm a EU citizen now.

[muhammedasim]

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