WSJ reports that the rich prefer Switzerland. Who doesn’t?
If you were ultrawealthy and could live anywhere in the world, where would it be? Most of the rich, it turns out, prefer Switzerland. That is according to the Mobile Wealthy Residency Index, created by Scorpio Partnership, a wealth advisory firm in London. Switzerland ranked first on the index, followed by London and Singapore. Sorry New York and San Fran. Taxes weren’t the only consideration, although they clearly were important. The index factors in 11 criteria to determine where to live large, including “economic and legal stability,” “legal considerations,” “education for children,” “proximity,” “culture/infrastructure,” “depth of financial services” and “employment and business opportunities.” – from WSJ
Alex has written for Vanity Fair, Barrons, Bloomberg and Condé Nast Traveler.