Geneva
CHF 500,000
(currently £310,800 to £18.648M)

Geneva has long been the home to both Swiss and international residents looking for a combination of outstanding quality of life, rich variety of culture and a safe and stable environment for financial prosperity. Geneva was voted 2nd in Mercer’s Global Quality of Living survey 2008.

In addition to a highly-favourable corporate (and personal) tax regime, Switzerland’s location in the centre of Europe, its world-class air, rail and road system that guarantees rapid, efficient and easy links with the rest of the world, make Geneva the ideal location for many multinationals, banks and NGOs, as well as High Net Worth Individuals.

In the last few years there has been an increasing trend of corporate relocations to this Swiss canton from elsewhere on the continent. Consequently, local sources suggest that with continued high levels of immigration, there will be a need for a 32% net increase in private housing in the Geneva canton between 2000 and 2030. Currently, Switzerland’s housing vacancy rate lies at just 0.97%. This is reflected in a price increase of 7.1% in 2007 for the sought-after Lake Geneva area. This, combined with the strict cantonal restrictions on home ownership, ensures the continued exclusivity of owning residential property in Geneva and its environs.

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