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    Congratulations ☺️

    Personally, party time in Germany on the weekend for me

    http://www.bbc.co.uk/news/business-30829917


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    I guess I'll have to forget that holiday to Switzerland for a while.

    Their currency suddenly strengthening like that will hurt them in other ways.
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    (Original post by Sephiroth)
    I guess I'll have to forget that holiday to Switzerland for a while.

    Their currency suddenly strengthening like that will hurt them in other ways.
    Well for me, I love it
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    Yeah when the Swiss franc has these big spikes it does hit their exporters and tourist industry.

    Another problem is for the people that work for international firms in Switzerland who get their salary set in another currency eg dollars.
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    (Original post by MagicNMedicine)
    Yeah when the Swiss franc has these big spikes it does hit their exporters and tourist industry.

    Another problem is for the people that work for international firms in Switzerland who get their salary set in another currency eg dollars.
    I don't think the latter is a problem. Everyone I know earns more than their colleagues abroad. Might be different for temp stints, though.
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    Costs alot to pay in different currencies when in zurich, it's like £10 for a big mac meal inc. exchange rate
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    (Original post by JD8897)
    Costs alot to pay in different currencies when in zurich, it's like £10 for a big mac meal inc. exchange rate
    That is because Switzerland is an expensive country. It also costs a lot in CHF to buy a bic mac meal.
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    (Original post by SarcasticMel)
    I don't think the latter is a problem. Everyone I know earns more than their colleagues abroad. Might be different for temp stints, though.
    Even on permanent salaries its a problem because the cost of living in Switzerland is high, especially if you are in Zurich. On paper the salaries in Switzerland are generally high and tax rates are not too bad but the cost of rent/buying a house, health insurance do take away a big chunk so if your salary is sensitive to exchange rates that can be difficult.

    I'm not saying Switzerland doesn't offer good jobs and opportunities but I think the way some students think about Switzerland is a bit misleading, it's not a tax haven where you can live a luxury lifestyle. It's like living in London really, there are lots of good opportunities around but you need to be on a pretty high salary to really enjoy it.
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    (Original post by MagicNMedicine)
    Even on permanent salaries its a problem because the cost of living in Switzerland is high, especially if you are in Zurich. On paper the salaries in Switzerland are generally high and tax rates are not too bad but the cost of rent/buying a house, health insurance do take away a big chunk so if your salary is sensitive to exchange rates that can be difficult.

    I'm not saying Switzerland doesn't offer good jobs and opportunities but I think the way some students think about Switzerland is a bit misleading, it's not a tax haven where you can live a luxury lifestyle. It's like living in London really, there are lots of good opportunities around but you need to be on a pretty high salary to really enjoy it.
    I think you underestimate the advantages of Switzerland. Yes it's not a "luxury" lifestyle. But the "standard of living" really is higher. Especially if you like to travel everything already would have seemed cheap and now it's even cheaper.

    I guess if you need the entertainment London has to offer it won't be for you, but otherwise trust me, it's a lot higher.


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    Tourist industry will suffer and prices will drop

    Why bother paying significantly more to go to Switzerland when France is like right there next to it
 
 
 
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