No, unfortunately not. The funds can only be used for residential property that is permanently owner-occupied. Holiday homes and holiday apartments are not included.
Every active insured person (not pensioners) who has retirement assets of at least CHF 20,000 and who has not made any purchases in the last three years can make an early withdrawal up to three years before normal retirement.
Advance withdrawals are possible at intervals of at least five years.
For insured persons from the age of 50, the capital available for advance withdrawal corresponds to the vested termination benefit at the age of 50 or half of the vested termination benefit available at the time of the advance withdrawal, if higher.