Go Back   English Forum Switzerland > Help & tips > Housing in general  
Reply
 
Thread Tools Display Modes
  #1  
Old 22.03.2010, 19:19
krati's Avatar
Junior Member
 
Join Date: Aug 2007
Location: Zurich
Posts: 78
Groaned at 2 Times in 1 Post
Thanked 9 Times in 8 Posts
krati has no particular reputation at present
Buying a house on B permit in Switzerland

Is it possible to buy a house here on B permit ??
Reply With Quote
  #2  
Old 22.03.2010, 20:11
marton's Avatar
Forum Legend
 
Join Date: May 2008
Location: Kt. Zürich
Posts: 9,319
Groaned at 389 Times in 337 Posts
Thanked 16,271 Times in 8,825 Posts
marton has a reputation beyond reputemarton has a reputation beyond reputemarton has a reputation beyond reputemarton has a reputation beyond reputemarton has a reputation beyond reputemarton has a reputation beyond repute
Re: Buying a house on B permit in Switzerland

Quote:
View Post
Is it possible to buy a house here on B permit ??
Yes & yes & yes (minimum message size 10 characters)
Reply With Quote
This user would like to thank marton for this useful post:
  #3  
Old 22.03.2010, 20:26
jako's Avatar
Forum Veteran
 
Join Date: Jul 2008
Location: Richterswil
Posts: 865
Groaned at 5 Times in 4 Posts
Thanked 513 Times in 283 Posts
jako has a reputation beyond reputejako has a reputation beyond reputejako has a reputation beyond reputejako has a reputation beyond repute
Re: Buying a house on B permit in Switzerland

In short YES (precisely 10)
Reply With Quote
This user would like to thank jako for this useful post:
  #4  
Old 23.03.2010, 11:20
nileblitz's Avatar
Member
 
Join Date: Jul 2007
Location: Lausanne
Posts: 109
Groaned at 0 Times in 0 Posts
Thanked 24 Times in 13 Posts
nileblitz has earned some respectnileblitz has earned some respect
Re: Buying a house on B permit in Switzerland

A bit more than 10 characters.

It is possible to buy a house with a B permit but only for primary residence.
You cannot buy a house as an investment, nor as a secondary residence.
I recently bought an apartment. I had a B permit then and the above was confirmed to me by the notary.

Not confirmed, but I have heard that you cannot just buy land. You need to buy an apartment or a house.

Hope that helps.

Cheers,
Nilesh
Reply With Quote
  #5  
Old 29.12.2010, 13:38
Newbie 1st class
 
Join Date: Mar 2008
Location: Zurich
Posts: 11
Groaned at 0 Times in 0 Posts
Thanked 2 Times in 2 Posts
sophierobert has no particular reputation at present
Re: Buying a house on B permit in Switzerland

Hi

I heard that each canton has its own property law when it's relating to foreigners' buying, also it's subject to the permit one holds, so as a B permit holder (EU citizen) in the city of Zurich:
1/ Can I buy a flat to rent it out straight away (i.e. as an investment, not as an owner-occupied flat)?
2/ If the answer to the first question is yes, then in case of permanent departure from Switzerland, do I have to sell the flat within x years or can I continue to rent it out?

Any feedback would be greatly appreciated.

Thanks

Sophie
Reply With Quote
  #6  
Old 29.12.2010, 13:41
Guest
 
Posts: n/a
Re: Buying a house on B permit in Switzerland

Quote:
View Post
Hi

I heard that each canton has its own property law when it's relating to foreigners' buying, also it's subject to the permit one holds, so as a B permit holder (EU citizen) in the city of Zurich:
1/ Can I buy a flat to rent it out straight away (i.e. as an investment, not as an owner-occupied flat)?
2/ If the answer to the first question is yes, then in case of permanent departure from Switzerland, do I have to sell the flat within x years or can I continue to rent it out?

Any feedback would be greatly appreciated.

Thanks

Sophie
Go ask a notary in the canton where you wish to buy
Reply With Quote
  #7  
Old 29.12.2010, 14:06
olympe's Avatar
Forum Veteran
 
Join Date: Apr 2010
Location: Hong Kong now Bern before
Posts: 557
Groaned at 6 Times in 3 Posts
Thanked 245 Times in 156 Posts
olympe is considered knowledgeableolympe is considered knowledgeableolympe is considered knowledgeable
Re: Buying a house on B permit in Switzerland

We nearly bought an apartment in Canton Bern because we are leaving and we want to have it as a base when we go back to Europe once a year. Our Gemeinde, Bank and Notary confirmed that it is allowed in our Canton. The Bank manager told us not to tell the owners or agency we will not live here permanently at least ofr the next 5 years. They don't like this here , a comment which was actually made here on this Forum!
Reply With Quote
  #8  
Old 29.12.2010, 15:07
Guest
 
Posts: n/a
Re: Buying a house on B permit in Switzerland

For such important questions as these, EF is sure to provide good and timely advice. Let's summarize:

- yes
- yes
- sometimes
- I have a similar but more complex question and I know this post is on another topic and way out of date, but I'll ask anyway
- ask a notary
- Swiss hate foreigners
Reply With Quote
This user would like to thank for this useful post:
  #9  
Old 30.12.2010, 13:06
olympe's Avatar
Forum Veteran
 
Join Date: Apr 2010
Location: Hong Kong now Bern before
Posts: 557
Groaned at 6 Times in 3 Posts
Thanked 245 Times in 156 Posts
olympe is considered knowledgeableolympe is considered knowledgeableolympe is considered knowledgeable
Re: Buying a house on B permit in Switzerland

Quote:
View Post
- Swiss hate foreigners
Thank God I have many Swiss friends here who prove that comment wrong and they don't hate foreigners if you have the money and can bring more than the 20% required!
Reply With Quote
  #10  
Old 04.11.2011, 19:35
Newbie 1st class
 
Join Date: Nov 2011
Location: AARGAU
Posts: 22
Groaned at 0 Times in 0 Posts
Thanked 1 Time in 1 Post
anafalk has no particular reputation at present
Re: Buying a house on B permit in Switzerland

About kanton Aargau: does anyone have informations about rules for buying an apartment and later(years) leaving Switzerland. Is it possible to keep the flat and rent it or it is mandatory to sell it?
Reply With Quote
  #11  
Old 04.11.2011, 22:15
Forum Legend
 
Join Date: Nov 2009
Location: Vaud
Posts: 2,899
Groaned at 97 Times in 46 Posts
Thanked 1,932 Times in 921 Posts
Anthony1406 has a reputation beyond reputeAnthony1406 has a reputation beyond reputeAnthony1406 has a reputation beyond reputeAnthony1406 has a reputation beyond reputeAnthony1406 has a reputation beyond repute
Re: Buying a house on B permit in Switzerland

Quote:
View Post
About kanton Aargau: does anyone have informations about rules for buying an apartment and later(years) leaving Switzerland. Is it possible to keep the flat and rent it or it is mandatory to sell it?

if im not mistaken you must sell it. BUT you could get the C permit by then. In any case it depends from canton to canton. They got quotas for foreigners etc.
and if you no longer work in CH then you can keep it as an investment. tons of rules, and many loopholes. You can also hand over the management to an agency. That way no one will ever find out you own it....there is ways around everything as long as you know someone or have a good lawyer
Reply With Quote
  #12  
Old 04.11.2011, 22:55
Senior Member
 
Join Date: Jan 2010
Location: La Cote
Posts: 385
Groaned at 18 Times in 8 Posts
Thanked 307 Times in 147 Posts
Nyonais has made some interesting contributions
Re: Buying a house on B permit in Switzerland

Strangely, when we bought our apartment I was on B permit and nobody at any stage checked or asked about my permit status, neither the bank nor the notary or the commune.

Since I was using funds from my second pillar, the the Pension Foundation made it known that it had to be our primary residence. That was all.
Reply With Quote
  #13  
Old 06.11.2011, 00:05
Member
 
Join Date: Jul 2009
Location: Switzerland, Aargau
Posts: 139
Groaned at 3 Times in 3 Posts
Thanked 45 Times in 29 Posts
Caribeangeorge has made some interesting contributions
Re: Buying a house on B permit in Switzerland

Sorry guys, but you're confused here.

There is a federal law, called LEX FURGLER (Bundesrat Kurt Furgler)
It was meant to keep seculants away. And protect Switzerland from too many foreigners (ehm - you! ) In short, Yes you can real estate, but only for yourself - and when you have residency, but you can't if you live abroad..

Then the law it was strengthened, and where called from now on LEX Koller (Bundesrat Koller), but currently they are losing it bit by bit and eventually will be canceled. This said, the Parliament was against it in 2008 and sent it back to the BR for changes made.

The whole process need authorization, there are done cantonal and not federal, but must be reported federal. Good chance you not even will notice this authorization as it could run in the background.

Here more informations, in German:
http://www.ejpd.admin.ch/ejpd/de/hom...ex_koller.html

http://www.ejpd.admin.ch/content/ejp...eckerwerb.html
Reply With Quote
  #14  
Old 06.11.2011, 19:20
Longbyt's Avatar
Forum Legend
 
Join Date: Apr 2008
Location: ZH
Posts: 8,130
Groaned at 57 Times in 53 Posts
Thanked 12,980 Times in 4,732 Posts
Longbyt has a reputation beyond reputeLongbyt has a reputation beyond reputeLongbyt has a reputation beyond reputeLongbyt has a reputation beyond reputeLongbyt has a reputation beyond reputeLongbyt has a reputation beyond repute
Re: Buying a house on B permit in Switzerland

Quote:
View Post
Sorry guys, but you're confused here.
Me too.

Quote:
View Post
The whole process need authorization, there are done cantonal and not federal, but must be reported federal. Good chance you not even will notice this authorization as it could run in the background.
Which 'whole process'? The buying/selling process? Checking on the Permit of the buyer?

All I know is that when we bought a flat, the 'change of owner' had to be registered at the 'Town Hall'.
Reply With Quote
  #15  
Old 09.11.2011, 00:55
33foxglove's Avatar
Member
 
Join Date: Jan 2010
Location: zug
Posts: 215
Groaned at 2 Times in 1 Post
Thanked 81 Times in 55 Posts
33foxglove has made some interesting contributions
Re: Buying a house on B permit in Switzerland

We just bought a house primarily for the location location location, very close to the lake in Kanton Luzern with panoramic views .

My husband and I both have B visas. I'm Canadian, he is German.
We were going to buy it in my name but when the Notary learned of my citizenship and visa status he added the Lex Koller to the contract. This would have restricted my rights on how to use the property. I would have had to have moved in within 6 months, use it only as my primary residence with family only and could not rent it out even though it has a granny flat/holiday apartment on the basement level.

We decided to change the contract to my husbands name since he is an EU national. We will have no restrictions on how we can use the property. This was very important to us because we plan to rebuild and this could take us up to 2 years before we could actually begin, we may even decide to rent it while we are in the planning phase, obviously for a reasonable rent due to the nature of a shorter term lease. Since he is an EU national he has the same full rights as a Swiss person regarding the acquisition of real estate. If I was on title as a joint owner then Lex Koller would have still applied and we would be stuck.

So ultimately if you are non EU you can buy property here but as others have said you would be restricted on how you use the property until you obtain the C permit which then gives you the right to settle. Our real estate agent with one of the largest more prominent agencies here in Switzerland was clearly not fully educated on this and it was all discovered rather late making for very stressful closing as all banking financing docs needed to be changed with just 2 days notice. Thankfully the contract was notarized today and we have the keys to our new holiday home:-)
Reply With Quote
  #16  
Old 09.11.2011, 14:06
Newbie 1st class
 
Join Date: Nov 2011
Location: AARGAU
Posts: 22
Groaned at 0 Times in 0 Posts
Thanked 1 Time in 1 Post
anafalk has no particular reputation at present
Re: Buying a house on B permit in Switzerland

Thanks for sharing your experience. We have talked to the notar and he said that the most important thing is that you live in CH when you buy the apartment/house and you are going to use for your own residence. In case that later you have to leave Switzerland it is possible to keep and rent the apartment/house.
Reply With Quote
  #17  
Old 09.11.2011, 16:44
Guest
 
Posts: n/a
Re: Buying a house on B permit in Switzerland

Hi there,

From my experience...

I bought an apartment in Stadt Zurich on a 5 year B-permit.

I have looked into renting it out, and have been told it is not an issue, however, my mortgage payments and Eigenmietwert would go up of course.

Hope that helps.
Reply With Quote
Reply




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
House buying Pedigreeman Housing in general 28 07.12.2010 15:28
Advice : Buying A House With My Boyfriend In Switzerland. carloncha Housing in general 39 20.10.2009 01:52
Non EU B Permit Buying a House? barish Housing in general 9 31.07.2009 14:04
Buying a house in England when living in Switzerland - How? Guest General off-topic 8 27.07.2009 22:30
Your online identity in Switzerland (when buying a house) john_semour TV/internet/telephone 22 01.06.2008 20:37


All times are GMT +2. The time now is 11:14.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.1.0