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I'd love to see the tech landscape in Zürich grow but there are a few problems: - Sponsoring non-EU immigrants has become extremely difficult in Swizterland.
by hocuspocus 10y ago
I'd love to see the tech landscape in Zürich grow but there are a few problems:
- Sponsoring non-EU immigrants has become extremely difficult in Swizterland.
- Google trounces the competition by a margin that is completely out of reach for European start-ups.
- Switzerland itself is a very small market. The cash-flow of your typical SaaS start-up is going to be mostly in € or $ with all the associated burdens and risks.
Also it's funny you mention Amsterdam since from what I've seen, wages are even lower than in Berlin, which is insane given the higher CoL.
- peterbraden 10y agoThe Swiss tax system also cripples startups in Zürich
- hocuspocus 10y agoTrue, but they're working on that (I think?), and you can always put your HQ in Zug :D
- peterbraden 10y agoDoes that solve the taxation based on market cap thing?
- speleding 10y agoWages in Amsterdam are lower than London, but the Netherlands have a great deal for ex-pats: the so called "30% rule", which means that you only pay tax on the remaining 70% for the first 8 years there. So your take home pay can be really good (and it has other benefits like a good healthcare system, free education for the kids, etc). Also, if you want to start a start-up low wages are actually a plus... (Source: I started a startup there and have several employees on the 30% rule)