Switzerland is recognized to be one of the country in the world to be perfectly organized. The root takes birth in the Swiss Confederation.
Without entering into details, the characteristic traits of the Swiss state on all of its three levels of authority: federal, cantonal and municipal. They contain an enumeration of the constituent cantons, affirm cantonal sovereignty within the bounds of the Constitution and list the national languages – German, French, Italian and Romansh. They also commit the state to the principles of obedience to law, proportionality, good faith and respect for international law, an explicit claim for subsidiarity, before closing with a reference to individual responsibility.
"Swiss Confederation highly respects fundamental rights,
its direct citizens and promotes social goals"
Applicated to Swiss real estate, it is synonym of immaculate luxury and sophisticated real estate projects.
The essence of these 2 concepts are as well originated by the richness of the 24 Swiss Cantonal banks and several Swiss Worldwide Companies, combined with the Swiss perfection of building houses, the entire package being highly regulated through several Swiss & local administrative offices.
The Cantonal banks are Swiss government-owned commercial banks, which are provided by the canton in which they are based with a guarantee for the assets held there. Traditionally, cantonal banks are especially strong in savings and mortgage products. The cantonal banks are organised and regulated by the Association of Swiss Cantonal Banks, with its office in Basel.
As a group, the cantonal banks account for about 30% of the banking sector in Switzerland, with a network of over 800 branches and 16 000 employees in Switzerland. In 2014 consolidated total assets of all cantonal banks accounted around 500 billions Swiss Francs, which is comparable with those of the "Big Banks": UBS and Credit Suisse.
Despite appearances, cantonal banks are not small private banks: in fact two of them, Zürcher Kantonalbank and Banque Cantonale Vaudoise (82 billions under management in 2017), are the third and fourth biggest banks in Switzerland (right after UBS and Credit Suisse).
Switzerland hosts an impressive list of worldwide companies, with their headquarters in Switzerland: Nestlé, Novartis, Roche, ABB, Migros, Holcim. Cargill International SA, Coop, Kühne & Nagel, Syngenta, Swisscom, Mercuria Energy Group, Schindler, Liebherr, Richemont Group, Swatch, AMAG, Serono, Rolex, Tamoil and many many more.
Since many years, through different rankings and classifications, Zürich, Geneva or Basel continue to win awards of "most expensive cities in the worlds" and "cities with the best quality of life"
In 2013, the Swiss Gross domestic product (divided by the number of Swiss people) was ranked number 4th overall in the world.