Can I be rich in Switzerland?
Most remarkably, the report found that Switzerland accounts for 1.7% of the worlds wealthiest 1% of people. This is despite Switzerland having just 0.1% of the worlds population. Switzerland has long attracted rich foreigners, enticed by its high wages, stable economy, and favorable tax rates.
What is considered rich in Switzerland?
Over 60% of Swiss adults have assets worth more than $100,000. It terms of rich individuals, 11% of Swiss residents are US dollar millionaires, 2,650 qualify as ultra-high net worth individuals (over $50 million), and 980 have a net worth in excess of $100 million.