Close Menu
Simply Invest Asia
  • Home
  • About us
  • Explore industries/sectors
    • Automobile
    • Aviation
    • Banking
    • Biotechnology
    • Chemical & Fertilizer
    • Entertainment and Media
    • Food Processing
    • Healthcare
    • Iron and Steel
    • Leather
    • Mining
    • Oil and Gas
    • Pharmaceutical
  • Explore by countries
    • China
    • Dubai / UAE
    • Hong Kong
    • India
    • Indonesia
    • Japan
    • Malaysia
  • Explore cities
    • Bangkok
    • Beijing
    • Chongqing
    • Delhi
    • Dubai
    • Guangzhou
    • Jakarta
    • Kuala Lumpur
  • Why Asia
Facebook X (Twitter) Instagram Threads
Trending:
  • 62 held accountable over fatal blast at north China steel plant
  • Nescafé Malaysia launches two new ready-to-drink coffee flavours
  • Inside UAE’s Vinyl Revival: How Dubai’s Vinyl Souq Is Rebuilding Independent Music in a Streaming Era
  • Electric and hybrid vehicle sales surged to record high in Australia
  • RIZKY RIDHO RISES FROM SURABAYA STREETS TO LEAD INDONESIA’S TITLE CHASE AT ASEAN HYUNDAI CUP™ 2026
  • Deconstructing China’s diplomatic readouts: Why does Beijing push disinformation through official documents?
  • Mexico’s Environmental Secretariat Says Ferromex Must Remediate the Damage From Chemical Spill in Sonora
  • The Asia Portfolio: Yes, the Hong Kong of Old Is Over
  • India jump to 4th spot in the medal tally with an unprecedented 16 medals, including a record 8 golds, on Day 9 of Commonwealth Games 2026. 🇮🇳🏅🏅 – facebook.com
  • DELHI: DELHI LAXMI YOJANA LAUNCHED; REGISTRATION OPENS FOR ₹2,500 MONTHLY AID TO ELIGIBLE WOMEN | VISUALS & BITES OF MP KAMALJEET SEHRAWAT, BENEFICIARIES, HOD PRAMILA NIRMAL CHHAYA – Press Trust of India
  • ‘Damn hot’: Last summer for Japan cosplay extravaganza
  • GenBio Inc. to Participate in the 2026 Asia Bio Partnering Forum in Singapore
  • Diggers and Dealers Kalgoorlie reckons it has grown up. A new home helps
  • #SHOWBIZ: Lisa Ch’ng, Mat Yeung unveil glamorous KL pre-wedding looks before Sunday’s wedding
  • Kyrgyzstan and UAE mark 30 years of diplomatic relations
  • Pre-season tour match: Aston Villa vs. Indonesia All Stars-Xinhua
  • Opinion | What Hong Kong’s districts can learn from Sham Shui Po’s governance
  • Bangkok Post – Two severely injured when their pickup plunged from elevated expressway
Sunday, August 2
Facebook X (Twitter) Instagram
Simply Invest Asia
  • Home
  • About us
  • Explore industries/sectors
    • Automobile
    • Aviation
    • Banking
    • Biotechnology
    • Chemical & Fertilizer
    • Entertainment and Media
    • Food Processing
    • Healthcare
    • Iron and Steel
    • Leather
    • Mining
    • Oil and Gas
    • Pharmaceutical
  • Explore by countries
    • China
    • Dubai / UAE
    • Hong Kong
    • India
    • Indonesia
    • Japan
    • Malaysia
  • Explore cities
    • Bangkok
    • Beijing
    • Chongqing
    • Delhi
    • Dubai
    • Guangzhou
    • Jakarta
    • Kuala Lumpur
  • Why Asia
Simply Invest Asia
Home»Explore by countries»Dubai / UAE»The Swiss canton attracting Dubai’s ultra-wealthy
Dubai / UAE

The Swiss canton attracting Dubai’s ultra-wealthy

By IslaJune 15, 20262 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


The city of Zug, Switzerland, April 28, 2022.
The city of Zug, Switzerland, April 28, 2022. STEFAN WERMUTH/BLOOMBERG VIA GETTY IMAGES

Fighting against clichés about Switzerland is all well and good, but how do you manage when reality turns out to be even more extraordinary than the stereotypes? In the canton of Zug, it is no simple matter, because here is the setting: a crystal-clear lake, surrounded, as one might expect, by soft green pastures and mountains. On the shore, the eponymous town stretches out peacefully, modest in size but home to several international business skyscrapers. There is little traffic, hardly any noise and the air is pure – money has no smell. And yet, there is more and more of it in this tiny area of 240 square kilometers at the heart of the Swiss Confederation.

A local joke goes that, given the number of Porsches in town, you would have to arrive in a Batmobile to get noticed. While Zug is one of the smallest cantons in Switzerland, it is by far the richest – one in eight residents is at least a millionaire, and statistically, you are considered middle class there up to an annual income of 180,000 Swiss francs (€197,000). With just 130,000 inhabitants, the canton alone generates a gross domestic product of 20 billion Swiss francs, on par with countries such as Armenia or Namibia, and its commercial register lists more than 40,000 companies.

You have 87.84% of this article left to read. The rest is for subscribers only.



Source link

Related Posts

Inside UAE’s Vinyl Revival: How Dubai’s Vinyl Souq Is Rebuilding Independent Music in a Streaming Era

August 2, 2026

Kyrgyzstan and UAE mark 30 years of diplomatic relations

August 2, 2026

World’s busiest airport existing since 1960 to shut down operations forever 

August 2, 2026
Add A Comment
Leave A Reply Cancel Reply

Top Posts

China Scraps 12,000 Degrees in Biggest Academic Overhaul in Years

June 14, 2026

Chinese Wall may stem India tech flows for electronics and automobile

June 1, 2026

Abandoned malls, whispers of nuclear war and young foreigners detained. This is what’s REALLY going on in Dubai… and the chilling warning one taxi driver gave to the Mail’s IAN BIRRELL

April 11, 2026
Don't Miss

62 held accountable over fatal blast at north China steel plant

By IslaAugust 2, 2026

This photo, taken with a mobile phone on Jan 18, 2026, shows the site of…

Nescafé Malaysia launches two new ready-to-drink coffee flavours

August 2, 2026

Inside UAE’s Vinyl Revival: How Dubai’s Vinyl Souq Is Rebuilding Independent Music in a Streaming Era

August 2, 2026

Electric and hybrid vehicle sales surged to record high in Australia

August 2, 2026
SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first. Complete the form below to subscribe to our weekly newsletter.


I consent to being contacted via telephone and/or email and I consent to my data being stored in accordance with European GDPR regulations and agree to the terms of use and privacy policy.

Stay In Touch
  • Facebook
  • YouTube
  • TikTok
  • WhatsApp
  • Twitter
  • Instagram
Top Trending

Diggers and Dealers Kalgoorlie reckons it has grown up. A new home helps

By IslaAugust 2, 2026

#SHOWBIZ: Lisa Ch’ng, Mat Yeung unveil glamorous KL pre-wedding looks before Sunday’s wedding

By IslaAugust 2, 2026

Kyrgyzstan and UAE mark 30 years of diplomatic relations

By IslaAugust 2, 2026
Most Popular

Vedanta Aluminium vs Power vs Oil & Gas vs Iron & Steel: Which stock should you buy?

June 21, 2026

Hong Kong stock market intraday

April 10, 2026

Hear sound stretch itself into strange shapes at TagTEAMS 2026 | Bangkok Kunsthalle

April 16, 2026
Our Picks

Godolphin eye Goodwood Cup glory with UAE runners in spotlight

July 27, 2026

BP Starts Production at Trillion-Cubic-Foot Gas Prize In Azerbaijan

June 2, 2026

UAE Announces Shift Toward AI Government Model in the Next Two Years

April 25, 2026
SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first. Complete the form below to subscribe to our weekly newsletter.


I consent to being contacted via telephone and/or email and I consent to my data being stored in accordance with European GDPR regulations and agree to the terms of use and privacy policy.

© 2026 Simply Invest Asia.
  • Get In Touch
  • Cookie Policy
  • Privacy policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.

SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first.

Complete the form below to subscribe to our weekly newsletter.


I consent to being contacted via telephone and/or email and I consent to my data being stored in accordance with European GDPR regulations and agree to the terms of use and privacy policy.