Handbook for Investors. Business location in Switzerland.
Handbook for Investors. Business location in Switzerland.
Handbook for Investors. Business location in Switzerland.
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Fig. 61: School fees <strong>for</strong> <strong>in</strong>ternational private schools<br />
Primary schools<br />
Secondary schools<br />
<strong>in</strong> USD English 1) French German English 1) French German<br />
Ljubljana 10,323 5,594 n.a. 10,537 6,625 n.a.<br />
Dubl<strong>in</strong> 11,917 4,696 5,962 12,205 5,594 5,212<br />
Barcelona 12,008 4,717 4,770 14,879 5,066 4,888<br />
S<strong>in</strong>gapore 13,532 9,915 10,973 15,898 11,068 10,973<br />
Budapest 15,763 5,988 4,785 17,040 7,086 4,785<br />
Milan 16,747 4,598 6,360 18,842 5,814 6,360<br />
Geneva 18,137 10,801 10,572 19,388 13,913 9,885<br />
Vienna 18,302 5,145 12,366 2) 21,933 5,145 12,366 2)<br />
Frankfurt 20,224 4,461 5,300 2) 22,525 5,447 5,300 2)<br />
Amsterdam 20,587 6,129 8,833 23,543 10,445 8,833<br />
Paris 25,906 5,808 8,540 29,176 5,808 8,540<br />
New York 27,000 16,310 14,100 27,600 18,590 15,100<br />
London 30,204 5,229 8,342 32,452 6,371 8,342<br />
Brussels 31,137 4,969 9,378 35,603 6,024 9,378<br />
1)<br />
average <strong>in</strong>ternational, US and UK school fees<br />
2)<br />
local private school<br />
Source: Mercer, Cost-of-Liv<strong>in</strong>g Report, March 2008, www.mercer.com<br />
International schools are primarily <strong>for</strong> the children of employees on<br />
an <strong>in</strong>ternational assignment who are generally only temporarily <strong>in</strong><br />
<strong>Switzerland</strong>. These children of expatriates receive a suitable <strong>in</strong>ternational<br />
education or <strong>in</strong>struction <strong>in</strong> their native language and are<br />
prepared <strong>for</strong> the f<strong>in</strong>al exams that are valid <strong>in</strong> their home country.<br />
All areas of <strong>Switzerland</strong> and all major cities have suitable learn<strong>in</strong>g<br />
<strong>in</strong>stitutions, and school costs are <strong>in</strong> the middle range when compared<br />
<strong>in</strong>ternationally.<br />
Swiss board<strong>in</strong>g schools are not only known <strong>for</strong> their high level<br />
of education, but also <strong>for</strong> their strict discipl<strong>in</strong>e and <strong>in</strong>ternational<br />
student body. Often they have very selective acceptance criteria<br />
and are known <strong>for</strong> their elite stand<strong>in</strong>g around the world.<br />
Swiss Federation of Private Schools<br />
www.swiss-schools.ch<br />
Languages: German, English, French, Italian, Spanish<br />
Swiss Group of International Schools<br />
www.sgischools.com<br />
Language: English<br />
Swiss private school register<br />
www.swissprivateschoolregister.com<br />
Languages: German, English, French, Italian<br />
12.5 Research and development.<br />
12.5.1 Swiss research <strong>in</strong>dustry<br />
The faster the pace of technological change, the greater the role<br />
that research and development play <strong>in</strong> the economy of a country.<br />
<strong>Switzerland</strong> is a country with <strong>in</strong>tensive research activities. It<br />
spends almost 3 % of its GDP on research and development. All<br />
relevant <strong>in</strong>dicators position <strong>Switzerland</strong> <strong>in</strong> the top ranks of <strong>in</strong>ternational<br />
comparisons.<br />
<strong>Handbook</strong> <strong>for</strong> <strong>Investors</strong> 2010<br />
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