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[Opinion] Switzerland Demoted Behind Italy for Big Fortunes: an Alarm Signal for Geneva

Summary by Le Temps
OPINION. No country is immune from downgrading, says Bryan Lo Giudice of PLR Geneva; while the canton depends heavily on contributions from a few hundred taxpayers, it is important to worry that Italy and even countries like the United Arab Emirates become more attractive to great fortunesThe latest study by Henley & Partners on the global migration of great fortunes should have had the effect of an electroshock in Bern as in Geneva. Switzerland…
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OPINION. No country is immune from downgrading, says Bryan Lo Giudice of PLR Geneva; while the canton depends heavily on contributions from a few hundred taxpayers, it is important to worry that Italy and even countries like the United Arab Emirates become more attractive to great fortunesThe latest study by Henley & Partners on the global migration of great fortunes should have had the effect of an electroshock in Bern as in Geneva. Switzerland…

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Le Temps broke the news in on Sunday, July 20, 2025.
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