Swiss luxury real estate market is growing rapidly

Swiss luxury real estate market is growing rapidly

Switzerland is one of the most luxury housing stable markets in the world with high growth potential, according to a survey conducted by Knight Frank. Almost a quarter of the hole population of Switzerland will become a millionaire in 2020.

The attractiveness of Switzerland for investors is the high level of life, stable economic performance and reputation of reliable market. Knight Frank Company is also noted that the major cities of Switzerland received top places at rating of education, taxation and security than some major cities of Western and Asian countries.

The number of foreigners’ residents in Switzerland has increased by 23% between 1995 and 2009. A powerful impulse to the real estate sector took place in September, when the Swiss National Bank (SNB) has decided to limit the value of the Swiss franc on the foreign exchange market. The main objective of the bank was to encourage exports and tourism.

Source: http://www.internationalresidence.ru/rus/news/5433.html