Word: townes
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That's right: there's a company for every five residents in quaint little Zug and the compact canton that surrounds it. These companies' executives are no doubt impressed by the same attractions that lure tourists in summer and winter alike: the town's spectacular lakeside setting with the Alps towering in the distance. But there are also good business reasons to set up shop in Zug. It offers some of the lowest tax rates available in any stable democracy. And its laws protecting residents' financial privacy are among the strictest on the planet...
...financial and pharmaceutical sectors. Many are subsidiaries of firms headquartered elsewhere, including such big U.S. names as Abbott Laboratories, American Home Products, Bristol-Myers Squibb, Kellogg and PerkinElmer. These firms, and others from around the world, have no trouble getting executives to transfer to Zug, or to visit. The town offers both "tax advantages and a great quality of life," says Andreas Emmenegger, CFO of Fantastic, a software company with offices in Framingham, Mass., New York City, San Francisco, Atlanta and Dallas...
Fantastic's offices in the commercial district are a stone's throw from the old town center, a cluster of medieval buildings overlooking the lake and snowy peaks of the Rigi and Pilatus mountains. Winding pedestrian streets beckon with restaurants and tea rooms, where the local specialty is Zuger Kirschtorte, a sponge cake soaked in cherry liqueur and sprinkled with powdered sugar. You can try it at the Confiserie Speck--which is also a place where you might just spot Marc Rich...
...nouvelle cuisine Italienne is served in a hot-pink and wasabi-colored decor best described as Felliniesque. You can lounge in a fishbowl setting, supping on the likes of macaroni with fontina and cheddar, black truffle puree, brioche bread crumbs and black pepper. Of course, this is a French town, and you can't go wrong at Toque! (514-499-2084) for fresh, local gastronomic creations. The place is 10 years old, but thanks to the ever inventive chef-owner Normand Laprise, Toque! never bores. It's perhaps the best of the market-cuisine restaurants in the city. Less elegant...
Finally, don't miss a stroll through Old Montreal. Until a few years ago, this was the town that time forgot, which in a way is a good thing. Today the quaint and sometimes cobblestoned streets, especially the meandering Rue Saint-Paul, are abuzz with new bars, art galleries, restaurants and lofts. On a rainy or snowy afternoon, you can also hire a caleche (a horse-drawn carriage, which costs about $26 for 30 min.), snuggle up under a giant fur and watch the scenery of this trading town on the banks of St. Lawrence...