Switzerland enjoys a strong reputation as a financial center. Capital has been flowing into the country for centuries, attracted by its stable political, economic and legal system and a proven record as a safe haven for investments. Switzerland hosts more than CHF6'500bn assets or 25% of the world's total cross border assets.
Supported by a long tradition in private banking dating back to the 16th century and a business friendly environment, Switzerland also offers competent labour and a skilled web of financial, legal and tax experts.
Swiss bank accounts remain protected by Swiss banking secrecy and they guarantee a higher degree of discretion than most of their competitors.