Tag Archives: Personal finance

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...

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. © Wrangel | Dreamstime 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 lead, if Iceland – with unreliable data – is ignored. Median Swiss wealth is somewhat lower: USD...

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. © Wrangel | Dreamstime 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 lead, if Iceland – with unreliable data – is ignored. Median Swiss wealth is somewhat lower: USD...

The idea of digital IDs in Switzerland has been kicked around since 2002 when the government decided it was a good idea. Since then it has been hotly debated. Following a process of consultation, the government met on 15 November 2017, and announced it’s aiming to have some form of digital or e-ID written into Swiss law between now and the summer of 2018. © One Photo | Dreamstime The idea is simple. Government-issued physical IDs, such as passports, work well in person, however on the...

According to the newspaper NZZ am Sonntag, Switzerland’s federal government wants to allow Switzerland’s residents to claim for drugs bought abroad. Prices across the border are generally far lower. © Mike Clegg | Dreamstime As recently as March 2017, the government told insurers that anyone buying medicines abroad would have to pay for them out of their own pockets. Now they appear to be reconsidering. The NZZ said that drugs with expired patents cost on average 61% more in Switzerland than...