Switzerland’s Foreign Investments Soar: A 50% Increase

Foreign investment in Europe saw a decline last year, but Switzerland stood out as a shining beacon of success in 2022. According to consulting firm EY, while the number of foreign investment projects across Europe dropped by 4%, Switzerland experienced a remarkable increase of over 50% with 89 projects. This surge in investments translated into the creation of 1,781 new jobs in the Alpine nation, marking a significant fivefold increase from the previous year.

In terms of the number of new investment projects in Europe, France and the UK lead the pack, with Germany following closely behind as the largest single economy on the continent. Switzerland, despite ranking 12th in this aspect, remains a highly attractive business location. EY highlighted Switzerland's appeal as a gateway to the European market, coupled with a tax system that is favorable to both companies and individuals. Even with the introduction of minimum taxation rules, Switzerland's attractiveness as a business hub remains largely unaffected.

Moreover, when considering investments made by Swiss companies in other European countries, Switzerland emerges as a major player in the region. With over 12,000 new jobs created, Switzerland ranks seventh among foreign investors in Europe, with a significant portion of Swiss investments flowing into Germany.

Switzerland's resilience and attractiveness as a business destination in Europe are evident in the surge of foreign investments and job creation in 2022. Despite challenges faced by the global economy, Switzerland continues to stand out as a beacon of stability and opportunity for investors.

Switzerland’s Foreign Investments Soar: A 50% Increase

• Tags
• Switzerland foreign investment
• foreign investment in Europe