Switzerland is a prosperous nation with one of the highest per-capita GDPs, a liberal economy, a stable political environment, and a banking tradition, which dates back to middle ages. The Swiss franc is among the most secure major currencies, while the federal government has been running budget surpluses since 2006. Despite its size, the country globally is the twentieth-largest exporter and has the nineteenth-largest economy.
Switzerland is famous for its neutrality and national sovereignty, which helped to foster a secure banking environment. Wealthy individuals and institutions all over the world appreciate the quality of Swiss financial services, as Switzerland hosts one of the most trustworthy and reliable banking systems. As a result, an estimated one-third of all worldwide funds held outside of countries of origin are kept in Switzerland - a country of less than 0.15% of the world´s population.
In addition to its outstanding financial services, the country offers first-class healthcare and education systems, attractive conditions for research and innovation, excellent infrastructure, a central location within Europe, and a highly competitive tax system.
The fact that Switzerland is one of the most attractive business locations is also proven by various rankings. According to the European Union, Switzerland is the most innovative economy in Europe. Besides, Switzerland ranks first in the World Economic Forum’s Global Competitiveness Index. Furthermore, Transparency International lists it as the 7th least corrupted country in the world, while the major Swiss cities consistently lead global indices for quality of life.
Hence, it is not a surprise, that Switzerland´s per capita net wealth is by far the highest in the world as illustrated in the table below.