Special Market Report: Ticino

Oscar Bergamin of Horwath HTL Switzerland has written this Special Market Report, focusing on Ticino, Switzerland and how it copes with structural changes.

If you wish to highlight stereotypes, one might describe the Swiss Canton of Ticino as a perfect mix of Swiss quality and Italian “Dolce Vita”. Ticino has Mediterranean climate, most beautiful landscapes, blue lakes and the clear emerald green waters of the mountain rivers, Italian cuisine and a trendy atmosphere. A huge amount of private clinics with high quality medical services are attracting a well-heeled international clientele seeking for places where Swiss discretion is paramount. On closer scrutiny, however, Ticino turns out to be a complex economic area, restricted by its geography, subject to structural changes with the experience that having a “nice place” is not enough.