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-   -   Non-Swiss-residence can buy a house? (https://www.englishforum.ch/housing-general/157159-non-swiss-residence-can-buy-house.html)

vlad_island 19.09.2012 21:28

Non-Swiss-residence can buy a house?
 
Hello
Can a non-Swiss, non-citizen, or put it shortly, can one who has no any connection to CH buy a house in CH and rent it?
Thx

roegner 19.09.2012 21:39

Re: Non-Swiss-residence can buy a house?
 
As long as you have a permit to live here yes, a lot of my colleagues, EU and non EU, bought a place

fatmanfilms 19.09.2012 21:56

Quote:

Originally Posted by roegner (Post 1668184)
As long as you have a permit to live here yes, a lot of my colleagues, EU and non EU, bought a place

That's as a main resident, the op wants an investment property. He has not given enough details however I suspect the answer is no.

Medea Fleecestealer 19.09.2012 22:00

Re: Non-Swiss-residence can buy a house?
 
No, not exactly. Unless you're planning on buying a holiday home/chalet which you might be able to then rent out to others, I think the property has to be your main residence in Switzerland so you must have a permit to live/work here and you wouldn't be allowed to rent it out. But you probably need to check with the cantonal authorities of the area where you are planning to buy as rules may vary from canton to canton.

vlad_island 19.09.2012 22:03

Re: Non-Swiss-residence can buy a house?
 
Thanks for the replies. I was referring to a person who has no any residence permits in CH, but rather is interested in investing in a property in CH and rent it. I know that in Germany it is possible.

fatmanfilms 19.09.2012 22:13

Re: Non-Swiss-residence can buy a house?
 
Quote:

Originally Posted by vlad_island (Post 1668214)
Thanks for the replies. I was referring to a person who has no any residence permits in CH, but rather is interested in investing in a property in CH and rent it. I know that in Germany it is possible.

Switzerland & Germany have very different laws, what passport does the person have, are they EU?

The usual get around for rich people is to use a AG/SA, however there will need to be at least 1 Swiss director who can sign & control the bank accounts.

vlad_island 19.09.2012 22:29

Re: Non-Swiss-residence can buy a house?
 
Non-EU. What is AG/SA?

Quote:

Originally Posted by fatmanfilms (Post 1668224)
Switzerland & Germany have very different laws, what passport does the person have, are they EU?

The usual get around for rich people is to use a AG/SA, however there will need to be at least 1 Swiss director who can sign & control the bank accounts.


Guest 19.09.2012 22:44

Re: Non-Swiss-residence can buy a house?
 
Limited Company

vlad_island 19.09.2012 22:46

Re: Non-Swiss-residence can buy a house?
 
Can this director be an L permit holder?

Quote:

Originally Posted by fatmanfilms (Post 1668224)
Switzerland & Germany have very different laws, what passport does the person have, are they EU?

The usual get around for rich people is to use a AG/SA, however there will need to be at least 1 Swiss director who can sign & control the bank accounts.


fatmanfilms 19.09.2012 23:12

Re: Non-Swiss-residence can buy a house?
 
Quote:

Originally Posted by vlad_island (Post 1668264)
Can this director be an L permit holder?

Not sure if any terms are attached to an L permit, it's not a permanent permit so what happens when the person leaves CH?

IK36 19.09.2012 23:30

Re: Non-Swiss-residence can buy a house?
 
As far as I am aware you cannot buy property thru a company. It has to be in a person's name. If somebody can prove otherwise, I would like to know.

Bottom line - no permit, no house. Unless you buy in a few specially designated areas like skiing resorts.

fatmanfilms 19.09.2012 23:41

Re: Non-Swiss-residence can buy a house?
 
Quote:

Originally Posted by IK36 (Post 1668303)
As far as I am aware you cannot buy property thru a company. It has to be in a person's name. If somebody can prove otherwise, I would like to know.

Bottom line - no permit, no house. Unless you buy in a few specially designated areas like skiing resorts.

Ok so most rental properties are owned by an individual or a company? Does not seem worth bothering to prove anything.

Anybody can own bearer shares of an AG \ SA , owners are not registered, just directors.........

Buying through an AG is for rich people with 10 million plus to invest so 50k annual running costs to a non resident are a drop in the ocean.

IK36 19.09.2012 23:54

Re: Non-Swiss-residence can buy a house?
 
Here is a link that is quite clear.

https://www.henleyglobal.com/countri...d/real-estate/


Holiday homes cannot be bought thru a company.

Commercial real estate can be. But i suspect OP is talking about a single family residence which is probably not going to be classified as commercial real estate.

I suspect that what you are talking about is setting up a company to get a b permit, not to buy a house thru that company

vlad_island 20.09.2012 00:10

Re: Non-Swiss-residence can buy a house?
 
If you were referring to me, then you are wrong. This is not my intention.

Quote:

Originally Posted by IK36 (Post 1668328)
Here is a link that is quite clear.

https://www.henleyglobal.com/countri...d/real-estate/


Holiday homes cannot be bought thru a company.

Commercial real estate can be. But i suspect OP is talking about a single family residence which is probably not going to be classified as commercial real estate.

I suspect that what you are talking about is setting up a company to get a b permit, not to buy a house thru that company


IK36 20.09.2012 00:12

Re: Non-Swiss-residence can buy a house?
 
Quote:

Originally Posted by vlad_island (Post 1668343)
If you were referring to me, then you are wrong. This is not my intention.

I was writing to fatmanfilms. But what's not your intention? I am confused now

vlad_island 20.09.2012 00:13

Re: Non-Swiss-residence can buy a house?
 
OOOppps. To get a B permit through this house buying tailer made scheme.

Quote:

Originally Posted by IK36 (Post 1668345)
I was writing to fatmanfilms. But what's not your intention? I am confused now


fatmanfilms 20.09.2012 00:14

Re: Non-Swiss-residence can buy a house?
 
Quote:

Originally Posted by IK36 (Post 1668328)
Here is a link that is quite clear.

https://www.henleyglobal.com/countri...d/real-estate/


Holiday homes cannot be bought thru a company.

Commercial real estate can be. But i suspect OP is talking about a single family residence which is probably not going to be classified as commercial real estate.

I suspect that what you are talking about is setting up a company to get a b permit, not to buy a house thru that company

I don't think we're talking about holiday homes. Setting up a company will not get you a B permit........
Some people who have B permits for tax reasons want too loose the permit & keep the property, so a company could be used . It's for high net worth people......it's the unintended result of changing tax law to be 'fair', not a way to get a permit!

IK36 20.09.2012 00:23

Re: Non-Swiss-residence can buy a house?
 
Quote:

Originally Posted by fatmanfilms (Post 1668349)
I don't think we're talking about holiday homes. Setting up a company will not get you a B permit........
Some people who have B permits for tax reasons want too loose the permit & keep the property, so a company could be used . It's for high net worth people......it's the unintended result of changing tax law to be 'fair', not a way to get a permit!

Ok. We will have to disagree. But... You CAN get a permit by setting up a company and no, you CaNNot buy residential real estate thru a company.

Commercial you can. And yes, you CAN leave the country, lose the b permit and keep the house.

Saying it is only for HNW people does not make it true

fatmanfilms 20.09.2012 00:33

Re: Non-Swiss-residence can buy a house?
 
Quote:

Originally Posted by IK36 (Post 1668352)

Saying it is only for HNW people does not make it true

It's expensive to pay a lawyer to run a company to hold a residential property, it's quite often done, by non residents, you don't have to believe me either.

onei 20.09.2012 00:38

Re: Non-Swiss-residence can buy a house?
 
It depends on the canton, some cantons eagerly seek outside investment and offer the option of letting out, check out cantons Jura and Fribourg, other cantons with limited accommodation will give you a flat NO!


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