US EditionToday in Switzerland: A Roundup of the Latest News on Thursday
The draft would require approval for more foreign purchases and cut cantonal quotas as the government seeks to curb speculation.
9 Articles
9 Articles
Schweizer Radio und Fernsehen (SRF)
Among other things, he wants to make the purchase of accommodation subject to authorisation for third-country nationals.
Switzerland plans stricter rules for real estate purchases by foreigners
Switzerland plans to restrict foreign property purchases. New rules will require permits for non-EU/EFTA citizens buying main residences. These homes must be sold if they leave the country. Commercial property for rent or investment will also be barred for such nationals. Holiday home purchases face tighter quotas and resale rules. These changes address housing shortages and population growth concerns.
Foreign owners will have to obtain a permit before they can buy a dwelling in Switzerland. On Wednesday, the Federal Council decided to harden the Lex Koller to deal with the housing shortage.
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