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Saturday, August 13, 2022
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    Switzerland A Great Place To Live

    Switzerland is an ideal example of a successful multicultural and multilingual society living in a harmonized way. The Swiss Confederation occupies a small landlocked territory of about 41,290 square km and has a population of 7.7 million.

    Strategically located in the heart of Europe, it shares borders with Germany, France, Italy, Austria and Liechtenstein. The linguistic geography of Switzerland is very broad and consists of four languages. German, French, Italian and Romansch (based on Latin and spoken by a small minority in the Canton Graubunden).

    English is widely spoken especially among professionals.

    Economy

    Switzerland is a peaceful, prosperous and modern market economy with a per capita GDP among the highest in the world. The economic downturn has not been as deep in Switzerland as in most other OECD countries.

    The relative lack of imbalance and debt burden is expected to allow the Swiss economy to return to the pre-crisis levels of economic activity faster than its west European peers.

    Education System

    Switzerland claims to have one of the world’s best education systems and pays much attention to the importance of human resources. The educational level largely determines employment prospects and plays a key role in international competitiveness.

    Almost the entire Swiss population is literate and local educational procedures differ from canton to canton, but the basic structure relies on a dual system common to all the cantons.

    ICT

    Leading role is given to the development and implementation of the forward-looking, innovative and sustainable ICT (Information and Communication Technology) solutions. The Swiss government and the private sector are important in developing and defusing ICT (Information and Communication Technology) for infrastructure, content and applications.

    According to the Economist Intelligence Unit, spending per capita on information and communications technology in Switzerland is one of the highest in the world and well above the Western European average. The IT intensive industries such as financial services occupy a large share of the economy.

    Quality of Life

    Switzerland is rated one of the highest in terms of quality of life thanks to its stable political scene, sustainable social system and strong economic factors. With one of the highest GDP per capita, Switzerland has one of the lowest crime levels in the world.

    Moreover the quality of food, other goods and services are very high and of great importance to the population. Switzerland offers as well a wide range of opportunities for free time, leisure, culture and sport. The country is extremely visited by tourists who appreciate reaching a variety of landscapes all embodying truly rare beauty.

    Taxation

    Switzerland is internationally known for its favorable tax environment. For businesses special tax rulings are offered by most cantons in Switzerland that can reduce the already moderate tax burden to extremely attractive levels. Furthermore both individuals and legal entities can benefit from double taxation treaties and bilateral agreements.

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