Popular FAQ's about Switzerland
However, there are new constructions that had their plans granted prior to the new law, and those can still be sold as a secondary residences. There are only limited amount available. The change means property value will appreciate as new-builds will no longer be available.
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Lake property is like any other subject to certain regulations
The sale of real estate to non-Swiss citizens is subject to several laws. The actual law is named “Lex Friedrich”. Each canton has a yearly quota of properties authorised for sale to non-Swiss. This law is a modification of the "Lex Furgler". Its goal is to control the purchase of properties in Switzerland by a non-Swiss citizen.
- An authorisation to purchase must be obtained from the Cantonal Authorities and from the Federal Department of Justice and Police, through a Notary (in Switzerland they are Public Officers).
- The non-Swiss may only buy one property of maximum 200 square metres of habitable space per family in Switzerland : family defined as husband and wife and/or under-age children.
- Under Swiss Law, an owner or his family may occupy their apartment for up to six months per year. (Twice three months)
- The accommodation cannot be rented on an annual basis (maximum 11 months and one week) as an owner is supposed to use his property for at least three weeks of the year.
- No authorisation is required for the purchase of a principal residence if the buyer has a B-permit. EU citizens with a residence permit B and all foreigners with a residence permit C can buy as many properties as they want. They are considered in this respect equal to Swiss citizens.