working in Switzerland, what to be paid in?

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PsiStar

Golden Member
Dec 21, 2005
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Is it better for a US citizen, working and living in Switzerland, to be paid in Swiss francs, euro, or dollars?
 

zerocool84

Lifer
Nov 11, 2004
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I'd want to be paid in Swiss women. Switzerland isn't part of the EU so I'd assume you'd be paid in Swiss francs.
 
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Qacer

Platinum Member
Apr 5, 2001
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It depends where you are going to use your money. If you are mostly using Euros to pay for stuff, then it might be to your advantage to get paid in Euros. That way, you don't lose money every time you convert to another currency. This is a very simple answer, but if you want to get more detailed, then you factor in interest rates from savings of the different currencies, conversion fees, etc. in addition, so you can determine which currency is better.
 

Akhen

Golden Member
Nov 14, 2005
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The Swiss franc is worth about a dollar so that's a pretty good deal.
 

paulney

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Sep 24, 2003
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If I understand correctly, you will still owe taxes to US no matter what, so choose Swiss franks to avoid currency conversion fees.
 
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