Thinking of setting up shop in another country?
It would cost almost $315,000 a year to run a small tech startup in Zurich – nearly seven times as much as it would cost you in Manila, the capital of the Philippines, according to the infographic below compiled by global recruitment online platform Staff.com. That’s a high price to pay for being surrounded by (admittedly delicious) chocolate.
Sydney is the second most expensive city for launching a startup, costing over $310,000 a year. And New York City came in as the third most expensive town at just below $300,000.
Estimates are based on the cost of renting one small office and hiring two web developers and a web designer for a year.
Check it out.