Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
Switzerland rejects $62M+ inheritance tax proposal in referendum, maintaining its appeal to global wealthy.
Switzerland has rejected a proposed tax on inheritances and gifts over 50 million Swiss francs ($62 million), with 78% voting against it in a national referendum.
The outcome reinforces the country’s status as a top global hub for wealth management, driven by political stability, strong financial infrastructure, and a reliable legal system.
Despite growing competition from tax-friendly regions like the UAE, U.S., and parts of Asia, Switzerland remains highly attractive to wealthy individuals, particularly from Scandinavia and the U.K.
The nation ranks highest in millionaires per capita, with the top 300 residents holding over $1 trillion in wealth.
Private banking leaders say the result affirms confidence in Switzerland’s model of fiscal predictability and long-term security, ensuring its continued appeal despite global shifts in millionaire migration.
Suiza rechaza $ 62M + propuesta de impuesto a la herencia en referéndum, manteniendo su atractivo para los ricos globales.