Did you know Switzerland’s foreign population hit nearly 2.2 million people in 2020? According to Conde Nast Traveler, French-speaking Geneva is considered the No. 8-ranked best place to live in the world, despite being one of the most expensive cities in the world. Home to the Red Cross, the city consistently hits high marks for its healthcare system, stability and infrastructure.
With nearly 9 million people already, why is Geneva such a desired city for American expats? Many attribute the city to the beautiful landscape of the Alps and Lake Geneva but it’s also a well known financial and diplomatic center. Geneva is also home to other international agencies like the United Nations and the World Health Organization.
First established as a Roman settlement in 58 B.C.E. as a trading town, Geneva gained independence in 1602 and later joined Switzerland in 1814. It quickly became a cosmopolitan banking hub and a leader in the promotion of human rights. Other benefits to living in Geneva include:
Geneva’s average annual salary is around $124,767, however, the average home sale price is about $3.9 million. Finding affordable housing in Geneva is hard, so typically new residents will rent before purchasing a home. A standard one-bedroom apartment in the city will rent for about $2,500-3,800 per month.
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