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Old 19.09.2008, 20:21
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buying real state property

Hi folks,

What's the Swiss policy on letting foreigners (non-EU) buy real-estate in Switzerland. I am told you would need a special permit and it would be impossible in Zurich (at least city). On the other hand UBS says there would be no problem and it would even get you a C permit (I have B). I have been researching their statement in Internet but found nothing with this regard. With complication I have faced in Switzerland I give myself every right to be cynical and I would appreciate your thoughts on both issues.
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Old 19.09.2008, 20:56
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Re: buying real state property

I dont think it is too difficult. I know several people with B Permits who have bought properties In Kanton Schwyz.
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Old 19.09.2008, 22:09
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Re: buying real state property

Here's the dirt from the horse's mouth (German only I am afraid):

http://www.stadt-zuerich.ch/internet....pdf/lex-d.pdf

If you look at the definitions you will see that although it says "by people abroad" this also covers people living in Switzerland (logical no?).

Anyway, it's quite convoluted legalese and I will let you trawl through it at your leisure to see what applies to you. It seems though that it should be possible if you have a B permit and it is your main residence.

Whether or not it will get you a C permit remains to be seen. I would be sceptical, but maybe someone else here has first-hand experience.
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Old 19.09.2008, 22:54
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Re: buying real estate property

This page might have some useful information in English:
http://www.swissgetaway.com/questions_answered.html
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