Tag Archives: Personal finance

Many Swiss residents travel to neighbouring eurozone countries for their holidays. These countries are close and Swiss francs go far there. However, to get the most out of a strong currency you need a good exchange rate. © Mohamed Ahmed Soliman | Dreamstime If a Swiss resident presenting euro cash at a checkout in Germany or France was told they couldn’t pay in euros because they live in Switzerland – “I’m sorry sir but you live in Switzerland, you must pay in Swiss francs at our inflated...

After the Swiss mountain village of Albinen hatched a plan to pay parents (CHF 25,000 each) and children (CHF 10,000 each) to move there, it has been inundated with applicants. Articles about the offer have been published by Time, The Sunday Times, The Sun, El Pais, and many other publications. Rather than celebrating, the picturesque town’s administration is unhappy. It published a statement on its website accusing...

© Calvin Leake | Dreamstime - Click to enlarge According to the newspaper Bilanz, Amazon has signed an agreement with Swiss post to provide rapid customs clearance. The head of postal customs, Felix Stierli, confirmed discussions with the company.A maximum customs clearance time of 3 hours will allow 24-hour delivery, one element of Amazon’s Prime offer. Once Prime is available, Swiss customers will be able to access...

After the Swiss mountain village of Albinen hatched a plan to pay parents (CHF 25,000 each) and children (CHF 10,000 each) to move there, it has been inundated with applicants. [embedded content] Articles about the offer have been published by Time, The Sunday Times, The Sun, El Pais, and many other publications. Rather than celebrating, the picturesque town’s administration is unhappy. It published a statement on its website accusing the media of false reports that have created unnecessary...

According to the newspaper Bilanz, Amazon has signed an agreement with Swiss post to provide rapid customs clearance. The head of postal customs, Felix Stierli, confirmed discussions with the company. © Calvin Leake | Dreamstime A maximum customs clearance time of 3 hours will allow 24-hour delivery, one element of Amazon’s Prime offer. Once Prime is available, Swiss customers will be able to access most of the company’s complete online offer, which includes 229 million products. Rather than...

According to the newspaper Bilanz, Amazon has signed an agreement with Swiss post to provide rapid customs clearance. The head of postal customs, Felix Stierli, confirmed discussions with the company. © Calvin Leake | Dreamstime A maximum customs clearance time of 3 hours will allow 24-hour delivery, one element of Amazon’s Prime offer. Once Prime is available, Swiss customers will be able to access most of the company’s complete online offer, which includes 229 million products. Rather than...

If you’ve ever wondered what families in Switzerland spend on groceries, then here is a breakdown. Figures are taken from mean household income and expenditure data recently published by the Federal Statistical office for 2015. More on this:Federal Statistical Office report (in French) – Take a 5 minute French test now For more stories like this on Switzerland follow us on Facebook and Twitter.

© Bigpressphoto | Dreamstime - Click to enlarge A recent report from Switzerland Federal Statistical Office shows how an average Swiss household spends its income. In 2015, the mean income was CHF 9,946 per month, including all forms of income and any 13th month payment received at the end of the year. This means an average Swiss household of 2.17 people had CHF 119,352 coming in across the year. According to the...

A recent report from Switzerland Federal Statistical Office shows how an average Swiss household spends its income. © Bigpressphoto | Dreamstime In 2015, the mean income was CHF 9,946 per month, including all forms of income and any 13th month payment received at the end of the year. This means an average Swiss household of 2.17 people had CHF 119,352 coming in across the year. According to the Federal Statistical Office, the disposable portion of it was 70%. The largest slice of income went...

© Wrangel | Dreamstime - Click to enlarge The Credit Suisse 2017 Global Wealth Report, shows total global wealth rose 6.4% to USD 280 trillion in 2016, taking it to the its highest level since 2007, before the financial meltdown in 2008. Globally, average wealth per adult was USD 56,540. In Switzerland, the same figure was USD 537,600 (CHF 533,000), close to ten times the global average, placing Switzerland in the...