Tertiary, a twist for Chiasso? (cross-border guide)

Context

Title: Tertiary, a turning point for Chiasso?

The city of Chiasso, near Zurich and bordering Lake Leman, is launching a territorial marketing action focused on the tertiary sector, which could bring a major breakthrough to the area. The first event, organized in collaboration with Cornèr Banca, will be held at its headquarters and will be dedicated to shipping and logistics companies.

Cornèr Bank, already active in the territory for some time, recently announced that it has increased its investments in Switzerland, with the aim of hiring 190 new employees in Chiasso. This announcement was welcomed by the local authorities, who identified the bank as an important partner for the development of the city's tertiary sector.

Furthermore, Cornèr Banca has already proven to be a company attentive to the challenges of the tertiary sector, such as the shortage of qualified personnel. In the past, the bank has invested in the training and retraining of some of its employees, in order to ensure increasingly advanced skills in demand on the labour market.

Regarding training and professional growth, the city of Chiasso has already established an ad hoc training voucher system for high school students who intend to pursue a career in the tertiary sector. With the help of these resources, students will be able to access specialist training courses at

Operational details

Tertiary, a twist for Chiasso?

Chiasso, a city located at the western end of Lake Lugano, has long attracted the attention of investors and border crossers for its financial square free of traffic columns, which extends all the way to Lugano. However, the recent introduction of new taxes for border crossers, particularly those coming from Italy, has led to significant migration to other places, such as Zurich and Geneva.

<https://www.credit-suisse.com/>

According to a study conducted by Credit Suisse, the Credit Suisse building in Piazza Indipendenza in Chiasso could remain empty at the end of the month, due to the decrease in the number of registered border crossers and the consequent decrease in financial transactions. This has raised fears that the city of Chiasso may lose its financial attractiveness and that its reputation may be undermined.

However, the recent turnaround in taxation could help Chiasso reverse this trend. The introduction of a wealth tax, which affects homes and other real estate held abroad, has attracted the attention of fleeing border workers, who may now be encouraged to return to Chiasso and invest their assets in Switzerland.

<https://www.taxpolicycenter.org/briefingbook/globalization-and-taxation/wealth-tax-overview>

For example, Switzerland has a more favourable wealth tax than many other countries, such as Italy,

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Key points

Chiasso, the border town between Switzerland and Germany, has been a turning point for craft businesses and foreign direct investment for decades. However, since a few years, the situation has changed: the Oval Centre, one of the city's main tourist and sporting attractions, has been closed after a series of disputes between the various stakeholders. Now, experts predict that the Oval Center can recover and become a real breakthrough for the city, thanks to an innovative strategy and a significant investment by new investors.

The Oval Office has enormous potential, not only for its sports and cultural activities, but also for its ability to offer a platform for creativity, innovation and sustainable development. The relaunch plan plans to focus on high technology and virtual games, in order to create a stimulating and attractive environment for innovative and creative companies. New investors could also help strengthen the tourism and cultural component of the Oval Centre, offering a range of attractive events and activities for visitors.

According to data provided by the Ministry of Foreign Affairs and Cooperation (MFAZ), Switzerland recorded an increase in exports to areas with high growth potential, such as Germany and France, and to emerging countries in Asia and Latin America. This increase could lead to an increase in

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Source: rsi.ch