Personal Environment 7.1 Quality of life 7.2 Personal taxes 7.3 Purchasing power and residential real estate 7.4 International schools and sustainable development 7.5 Health and security 7 Proud of its enviable lifestyle An exceptional quality of life First class healthcare facilities and public security Europe s best choice of international schools A well preserved environment
7.1 QUALITY OF LIFE 7.1.1 Where-to-be-born index Extent to which a country will provide the best opportunities for a healthy, safe and prosperous life in the years ahead 8.22 8.00 7.94 7.74 7.73 7.51 7.38 7.38 7.33 7.21 7.04 7.01 6.96 6.66 Source: The Economist Intelligence Unit 2013 7.1.2 Life satisfaction Measure how people evaluate their life as a whole 5.7 6.0 6.2 7.8 7.5 7.4 7.1 7.0 7.0 6.9 6.8 6.7 Note: No data for and the Source: OECD Better Life Index 2014 56 An exceptional quality of life Stability, prosperity, security, lakes and mountains: these are some of s ingredients for an exceptional quality of life.
7.2 PERSONAL TAXES 7.2.1 Effective personal income tax rate (in %) Tax rate (in percent) for an income equal to GDP per capita 5.11 11.00 12.73 15.18 15.26 18.93 19.95 23.66 24.29 25.09 25.27 25.52 28.13 30.29 Source: IMD World Competitiveness Yearbook Online 2014 7.2.2 Personal income tax in (in %) Tax rate Net income (US$) Single, without children Married without children Married, with two children 27,600 5.0 0.1 0.1 55,200 15.0 5.0 0.1 83,900 19.9 11.3 4.3 110,500 23.4 15.9 9.6 138,100 25.9 19.2 13.9 165,800 28.0 22.0 17.2 193,400 29.6 24.6 20.2 221,000 31.3 26.6 22.7 276,300 33.7 29.4 26.3 331,500 35.4 31.3 28.7 442,000 37.8 34.1 32.0 552,600 39.4 35.8 34.2 1,105,200 42.5 40.3 39.4 Source: EY Taxes 2014 57
7.3 PURCHASING POWER AND RESIDENTIAL REAL ESTATE 7.3.1 Purchasing power Gross hourly wages divided by the cost of a basket of goods, excluding rent ( = 100) Frankfurt Milan Madrid 44.3 63.5 116 107.6 102.1 101.9 101.6 100 98.6 93.1 91.1 88.3 81.8 Source: UBS Prices and Earning 2012 7.3.2 Housing prices Average monthly rent for a 120 square meter apartment in a prime inner city area (in US$, per month) Madrid Berlin Rome 1,838 1,921 1,974 2,310 2,350 2,397 2,932 3,208 3,246 4,276 4,737 5,501 6,553 6,856 Source: GlobalPropertyGuide.com 2014 58
7.4 7.4.1 Number of international schools per 100,000 inhabitants Number of English-speaking schools in urban areas per 100,000 inhabitants INTERNATIONAL SCHOOLS AND SUSTAINABLE DEVELOPMENT Barcelona Frankfurt Milan 1.90 1.28 1.03 0.71 0.63 0.53 0.36 0.35 0.29 0.22 0.15 0.12 0.05 10.68 Source: ISC Research 2013 7.4.2 Environment and sustainable development Quality of environment and sustainable development policies at the city level (worldwide rank, out of 135 cities) Milan Frankfurt Madrid 48 37 22 23 15 16 17 8 9 10 5 6 1 Note: No data for Source: IESE Cities in Motion Index 2014 59 Europe s greatest choice of international schools Next to the public school, has the greatest choice of English-speaking international schools in Europe.
7.5 HEALTH AND SECURITY 7.5.1 Personal security and private property rights Personal security and private property rights are adequately protected 5.75 5.69 8.90 8.84 8.83 8.61 8.49 8.30 8.30 8.22 7.71 7.56 7.50 7.46 Source: IMD World Competitiveness Yearbook Online 2014 7.5.2 Health infrastructure Health infrastructure meets the needs of society 2.16 5.15 6.00 5.98 6.77 6.61 8.88 8.67 8.49 8.30 8.25 8.16 8.07 7.83 Source: IMD World Competitiveness Yearbook Online 2014 60 First class public security and healthcare facilities The swiss healthcare system is internationally praised and considered as one of the world s best. also enjoys a longstanding tradition for personal security, making it one of the safest places in the world.