Benefits of Switzerland
There are good reasons for companies settling in Switzerland. Innovative strength and technology, liberal laws, political stability and an outstanding infrastructure make Switzerland the most competitive business location in the world. Employees and companies benefit from an excellent educational and healthcare system, a competitive tax system and a generally high quality of life.
The following is a brief outline of the benefits offered by Switzerland:
- Top class in Innovation, Technology and Education: Three of the principal strengths of Switzerland are the strength of its innovation, the country’s first-class scientific research institutions and its highly qualified workforce. When it comes to innovation, Switzerland is a world leader. In 2016 it was ranked the most innovative country in the world for the sixth time in succession on the Global Innovation Index. Switzerland invests more than three percent of its GDP in research and development – that is one of the highest values worldwide. No less than 60 universities serve as a guarantee of the highest level. Of these institutions, the five largest regularly feature among the hundred best in the world. The Swiss education system combines practice-oriented and well-established apprenticeships with an outstanding university education. This dual system forms the basis for the high innovative and creative strength of the economy. Low rates of unemployment, also among young people, serves to illustrate the strength of the Swiss education system. Global companies have no problem finding well-qualified, multilingual, motivated and loyal people in Switzerland, as well as managers with international experience.
- Liberal, secure and reliable: Switzerland’s economy is one of the most liberal in the world. Low capital costs, currency stability, a solid purchasing power and moderate tax burden serve as a guarantee for the high security of investment in Switzerland. In addition, political stability is underpinned by a federalist body politic. The federalist structures of Switzerland also facilitate a closeness to industry and the population. The country has a lean government consisting of seven members – who form the Federal Council. The member states of the Swiss Confederation – the 26 cantons – enjoy a large degree of policy discretion, especially in healthcare, education and culture. The stable political conditions guarantee a high degree of dependability for industry and practical decision-making, for which there is a good level of support in the population.
- Attractive for International Managers and Specialists: Switzerland offers the highest quality of life. Both in the city and also in predominantly rural regions it gets top marks when it comes to such defining criteria as income, healthcare, climate and geography, as well as personal freedoms, family and social life. Freedom of movement and security are always assured wherever you are. Children go to school unaccompanied and usually on foot. The safe environment and the discreet character of the Swiss are widely appreciated: even well-known international personalities move around in Switzerland largely without personal security. This makes Switzerland the country of choice for many international managers and specialists, which is also confirmed by different relevant studies on the subject.