In a globalized world, like the one we live in, migration is no longer only a consequence of existential and financial needs. Individuals choose to live global lifestyles. It is seen that planning for relocation has not been given a lot of significance. Here, we will highlight the most significant considerations to remember if you, or someone you know, is intending to relocate to Switzerland.
For more reasons than one, we recommend acquiring tax and legal advice prior to obtaining residence in Switzerland.
The population of Switzerland total at nearly 8.5 million. Almost a quarter of Switzerland’s total population are foreign nationals. The nation has 4 official languages, namely French, Romansh, German, and Italian. English is also extensively spoken in the country.
In terms of politics and the economy, Switzerland is among the most stable nations around the globe. It consists of a total of 26 cantons. Each canton has substantial autonomy in the regions of healthcare, law enforcement, social welfare, taxation, and education. Because of this, there are some differences in the local government.
It is ranked among the richest nations around the globe and is acknowledged for its high quality of life.
Zurich, the country’s greatest city, was named, only recently, as the second in the Mercer Quality of Living Survey. Other Swiss cities, such as Basel, Geneva, and Bern, followed close behind. Only a few other nations have as many cities in the best 20.
Because of the greatly advanced professional services sector and the booming pharmaceutical and production industries, the nation boasts a stable economy.
The excellent healthcare system of Switzerland, an amalgamation of private, semiprivate, and public healthcare establishments, provides a huge network of qualified doctors and hospitals, thoroughly equipped with the most innovative medical services.
Switzerland is a civil law jurisdiction, like most European nations.