Switzerland (my home country) projects an image of idyllic landscapes with majestic mountains and beautiful lakes, with pretty historic cities, chocolate and watches.
But truth to be told, it is a ruthless capitalist country, that harbors large corporations that avoid paying taxes in their respective countries. We have cantons (like US states) that push that race to the bottom so much, that they have to close public hospitals and schools just to reduce the taxes on large corporations further.
Switzerland is the home of companies like Nestlé and Glencore, that devastated other countries environment and exploit the people in these countries. This year, the swiss people voted on a people‘s initiative that would enforce basic human rights laws (like no forced (child) labor) on these mega corporations and their subsidiaries, we voted no.
We pride ourselves to be this humanitarian country, with a long tradition in helping refugees like the Tibet exiles. Nowadays we would never mention Tibet or Xinjiang, in order not to upset trades with China.
I just wish that the world would see Switzerland for the country it really is. I would hope that the shame would open my people’s eyes and that we therefore would stop exploiting other countries so ruthlessly.
Hey all, I'm a 30 year old from South India.
My net worth is around $5.4M (€4.48)
My portfolio looks something like this:
Personal Real Estate $1M (luxury flat $490k and farmhouse $500k)
Rental income producing Real Estate $1.6M
Stocks, Bonds, FD, Index funds $1.2M
Businesses 16 unit Service apartment unit $820k
40% share in a restaurant $68k
20% share in a TV serial production company $200k
All these bring in about $35k a month. (note: I don't have any debts)
I'm looking at Switzerland to retire (quality of life and car scene). I'm planning on living 5 months in india (to manage businesses and properties) and the rest in Switzerland.
Note: I'm a single guy with no intentions of marrying or having kids (been through horrible which made me lose faith in relationships).
So, given this situation, is it wise to retire in Switzerland or is my networth/income insufficient? Thanks in advance.
I will soon be moving to your beautiful country for a job in Geneva. I am Asian but from the US, speak fluent German and French.
This is going to be my first time in Europe.
As you may know, there are quite a few incidents concerning Asians in the US since the pandemic started. I've personally had some people tell me "to go back home", etc... of course, these are just isolated incidents, but it still hurts.
I was wondering if I should expect some level of anti asian racism in Switzerland?
Edit: thank you all for your comments! It's quite reassuring and I am really looking forward being in Switzerland and getting to know the culture! :)
Edit 2: Oh wow! Thank you all for the comments and stories. I really appreciate it all!
I'm talking about electronic music like Techno, but also about more sweet dancing styles like Swing. Generally when you are interested in energetic unsual night life!
Edit: Apparently some people are impressed with the use of the word "alternative", but it's kind of an alternative type of music in my place.
Many thanks to the people that were kind and helpful and understood that it was a question coming from a person that lives in another country.