World's most innovative country
Switzerland has the highest spending on R&D per capita. Our universities work closely with the international research community and connect with industry players through the exchange of knowledge and technology. Almost half of Swiss workers are employed in knowledge-intensive industries. High-tech products form an important pillar of the country’s economic success and excellent reputation. Around one quarter of all high-tech products are exported. This underlines the innovation potential of the Swiss economy, which holds a leading position in international rankings. Thurgau, with its strong sectors in MEM, Medical Technology, Packaging, Cannabis, Herbal Medicine and ICT is recognized as a high-tech industrial hub for Europe.
Availability of multilingual, skilled talent
Companies with a presence in our region have access to qualified talent because Switzerland figures as one of the most attractive countries for highly skilled foreign workers. Furthermore, we are surrounded by leading universities, technical colleges, and higher-education institutes. The Swiss practice-oriented vocational training is also world-renowned. Thurgau's border location to Germany facilitates the access to the European employment market. We are a multilingual country with 4 national languages; English is widely spoken as well. Since we are highly export-oriented, Switzerland is home to employees with significant international experience.
Best frame conditions for high competitiveness
Switzerland is one of the most competitive economies in the world with Free Trade Agreements (FTA) with more than 30 countries. It is also the only country in Europe with an FTA with China and Japan. The Swiss labor market is subject to very few regulations and the labor law is one of the most liberal in Europe. By setting up a company in our region you also benefit from a moderate tax burden (12.1 % – 13.9 % corporate taxes on profits), lean and efficient administrative structures, motivated and dedicated employees, a reliable governance, and political stability. These are all factors that lead to Switzerland being one of the economies with the world’s highest productivity. Thurgau offers a special USP: lower costs in comparison to other Swiss regions in terms of wages, production costs, real estate prices and cost of living - this despite direct proximity to Zurich.