Answering a few questions in no specific order:
why buy and not rent?
It’s cultural. Also in my family, when given the option to buy over rent, we buy if we can. The view is that it’s cheaper to buy and resell after 12 months, than it is to rent.
e.g. when I moved to London for high school, my father bought a house… he went to an estate agent one morning with a few properties lined up - saw a few of them in a row, and made an offer on 3 of them in parallel with the proviso that the first to accept the offer would be binding, the others would automatically be cancelled. One offer was accepted same day…
Same for CH, when I moved here, I rented for a few months - but then bought. Even if selling for the same value, the “loss” is minimal (canton dependent of course as the taxes are different per canton). They’ve seen a few flats online, and wanted me to go speak to the estate agents for them… but I want to make sure I have enough facts to hand first!
bank account / 22k / permit
he (the child) has an account with a Swiss private bank already, so that part isn’t an issue. I just need to figure out what’s the easiest way to get him a permit… I mean, worst case he can stay at my house for a few weeks while paperwork is sorted.
short timeframe
what’s the “deal” if someone on a B-permit buys a property, then leaves after 12 months? Is he forced to sell, or can he rent it out?
languages
this is the main issue - he speaks French (checked) and English, but no German. That will make finding an apprenticeship difficult I reckon.
Maybe I tell him to come here, stay with me a few weeks - register in intensive language school, get his B permit, and then we can jointly look at properties… I’ve seen schools in Zurich offer 4-6 hours/day intense classes, so that could be interesting…
Thank you!