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Old 31.03.2011, 17:40
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Newbie-considering return to Switzerland

It was suggested that I post this in the 'Introduction' section rather than in 'Daily Life'. Sorry about that. Here it is with some changes.

Hello. I'm a newbie and need some advice.
I was born in CH. Have both Swiss and US Passport. Left CH over 40 years ago. Visited a few times but I am certainly out of the loop with life in Switzerland Currently live in US. Speak french/german.

I am considering living part time in Lugano (Italian food and beautiful). Will not work, just enjoy life. Any restrictions for me to buy a condo in Lugano. Would live there 3-4months per year. Any income tax or other tax implications? Any suggestions for Real Estate agents websites dealing in Lugano properties?

Any suggestion/advice welcome

Thanks
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Old 31.03.2011, 17:41
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Re: Newbie-considering return to Switzerland

Hello and welcome to the Forum
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Old 31.03.2011, 17:50
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Re: Newbie-considering return to Switzerland

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I am considering living part time in Lugano (Italian food and beautiful). Will not work, just enjoy life. Any restrictions for me to buy a condo in Lugano. Would live there 3-4months per year. Any income tax or other tax implications? Any suggestions for Real Estate agents websites dealing in Lugano properties?

Any suggestion/advice welcome
Suggestion: As you are a CH citizen, there's nothing stopping you buying the property - but really you should speak to a lawyer about all this for real answers you can rely on, and actually make a rational decision with.

Opinion: Firstly, I've heard, from CH sources, that the Italian parts are fed up with the Northern CH (i.e. Germanic) buying up all the nice places in Lugano/Ticino etc. Last I heard is that there is serious local resentment as they end up with ghost towns and are priced out of the market. Secondly, with this in mind, foreigners have to prove that they are going to live there - i.e. you can't buy a holiday home. How that applies to CH nationals I don't know.
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Old 31.03.2011, 18:15
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Re: Newbie-considering return to Switzerland

Quote:
foreigners have to prove that they are going to live there - i.e. you can't buy a holiday home. How that applies to CH nationals I don't know.
Thank you Carlos. This is precisely my reason for inquiring here. I can sense that a lot of research will need to be done.
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Old 12.04.2011, 07:18
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Re: Newbie-considering return to Switzerland

Welcome to EF.
You might find information on www.homegate.ch
they have helpful tips about real estate.
As a Swiss you shouldn't have any issues though.
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