Multi Family Office

THE CANTON TICINO

TERRITORY AND POPULATION
Total area (km)2’812
Resident population324’000
- Swiss76%
- foreign26%
Lugano-Milan connection (70km)1 hour
Lugano-Malpensa connection (60km)50 min.
Lugano-Zurich flight45 min.
LABOUR MARKET
Total number of jobs167’812
- primary sector4’000
- secondary sector45’000
- tertiary sector118’000
- Swiss57%
- foreign (50,000 border-workers)43%
Unemployment rate (05.2011)4%
Hours worked per week (average)42
FINANCE
Fixed mortgage rate 2% fixed for 5 years – 3% fixed for 10 years
Average taxation rate of a public company20%
VAT8%
Present banks75
- foreign45
ECONOMY AND STANDARD OF LIVING
Cantonal income per capitaCHF 41'000.- (EURO 32'800.-)
Total import of goods (CHF millions)8’000
Total export of goods (CHF millions)7’000
Total service sector companies19’000
Total no. motor vehicles per 1000 inhabitants603
Tourism - Total beds21’000
Tourism - Total overnight stays (of which 45% are foreign visitors)2'600'000 (di cui ospiti stranieri 45 %)
Health - Residents per practising doctor510