Living in Switzerland: A haven of stability and prosperity

“A healthy mind in a healthy body, in a healthy country” might perfectly capture Switzerland’s spirit. Consistently ranked among the world’s top nations, Switzerland leads the Human Development Index (HDI), which evaluates health, longevity, and education. It also counts among the happiest countries globally, ranking fourth in the World Happiness Report. 

Switzerland is equally distinguished by its tranquillity and safety. Regularly ranked among the safest countries globally, it offers a secure environment for families and residents. Its remarkably low crime rate and emphasis on public order underscore the country’s social cohesion. Coupled with its long‑standing neutrality, Switzerland has cultivated a well‑deserved reputation as a peaceful refuge.

With a GDP per capita of approximately USD 92,000 in 2022, Switzerland stands among the top ten nations worldwide, underscoring the strength of its economy. The country’s economic landscape is shaped predominantly by small and medium‑sized enterprises, which make up over 99% of Swiss companies and significantly contribute to its dynamism and diversity.

Beyond its high GDP, Switzerland also distinguishes itself with a relatively low VAT compared with other European countries, helping stimulate consumption and overall economic activity.

The country invests heavily in research and development (R&D), dedicating around CHF 23 billion annually, nearly 3% of its GDP. A significant share of this investment comes from private companies, highlighting their strong commitment to innovation and competitiveness.

 

Switzerland is also home to numerous major international corporations, drawn by its stable economic environment, high‑quality infrastructure, and highly skilled workforce. Their presence further reinforces the country’s position as a centre of economic excellence.

For twelve consecutive years, Switzerland has topped the Global Innovation Index published by the World Intellectual Property Organization (WIPO), thanks to its world‑class research institutions, advanced technological capabilities and highly productive talent pool. This sustained leadership underscores Switzerland’s status as a global hub for innovation, attracting top talent and fueling long‑term economic success.

Switzerland stands out for its outstanding education system, offering exceptional learning opportunities from primary school to higher education. With numerous universities and prestigious institutions such as the Swiss Federal Institute of Technology in Zurich (ETH) and in Lausanne (EPFL), the country guarantees academic excellence. A wide range of international schools also welcomes expatriate families in major cities, further enriching Switzerland’s educational landscape.

Switzerland is also renowned for the quality, reliability, and accessibility of its healthcare system. Awarded the top distinction in the prestigious EHCI ranking, it consistently delivers outstanding results across all medical disciplines. Swiss hospitals are widely recognised as among the best in Europe, offering rapid access to highly qualified healthcare professionals in both clinical practices and hospital settings.

The healthcare system is built around mandatory basic insurance, with the option to add supplementary coverage to meet specific needs, ensuring comprehensive and personalised care for everyone.

In comparison with EU, OECD, and G20 nations, Switzerland stands out as a highly attractive tax environment. Wealthy foreign residents can benefit from the lump‑sum tax system, which bases taxation on expenditure rather than income. Furthermore, Switzerland has concluded numerous double taxation agreements, offering clarity and relief for individuals with international tax affiliations.

Has this strengthened your interest in relocating to Switzerland?