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Old 25.09.2018, 08:47
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Do foreigners must sell residental property when leaving Switzerland?

Hello all,

Does anyone knows whether a foreigners (coming from EU country; holding C permit) most sell their residental property when leaving Switzerland (I am about to buy a residental property for investment)????

I did some reading online, and saw that there was some discussions about extending the Lex Koller law, forcing non-EUers to sell residental property when leaving CH. However, seems to be that this was just talks. for non-EU. I am not sure if it become an amendemnt for the law and if this covers also EU nationalities.

Cheers
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Old 25.09.2018, 08:55
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Re: Do foreigners must sell residental property when leaving Switzerland?

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Hello all,

Does anyone knows whether a foreigners (coming from EU country; holding C permit) most sell their residental property when leaving Switzerland (I am about to buy a residental property for investment)????
No
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Old 25.09.2018, 13:03
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Re: Do foreigners must sell residental property when leaving Switzerland?

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No
No - no-one knows, or no - you don't have to sell?
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Old 25.09.2018, 13:05
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Re: Do foreigners must sell residental property when leaving Switzerland?

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No - no-one knows, or no - you don't have to sell?
The restrictions are for purchase not ownership.
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Old 25.09.2018, 13:05
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Re: Do foreigners must sell residental property when leaving Switzerland?

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Does anyone knows whether a foreigners (coming from EU country; holding C permit) most sell their residental property when leaving Switzerland (
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No - no-one knows, or no - you don't have to sell?
No, you donīt have to sell
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Old 25.09.2018, 15:33
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Re: Do foreigners must sell residental property when leaving Switzerland?

You don't have to sell.. but...

If you're planning to rent it out and you have a mortgage... you can't have any of your pension money involved in the property any longer.. and.. there's a ratio between the mortgage and the amount of rent due.
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Old 25.09.2018, 15:35
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Re: Do foreigners must sell residental property when leaving Switzerland?

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You don't have to sell.. but...

If you're planning to rent it out and you have a mortgage... you can't have any of your pension money involved in the property any longer.. and.. there's a ratio between the mortgage and the amount of rent due.
He is buying an investment property, so he won't have used any pension money & the Bank will already be happy with the deposit.
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Old 25.09.2018, 15:58
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Re: Do foreigners must sell residental property when leaving Switzerland?

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He is buying an investment property, so he won't have used any pension money & the Bank will already be happy with the deposit.
Ah.. I read it as 'I am leaving Switzerland. I am buying an investment property not in Switzerland. Do I have to sell my property in Switzerland (or can I rent it out) ?
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Old 26.09.2018, 13:14
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Re: Do foreigners must sell residental property when leaving Switzerland?

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Ah.. I read it as 'I am leaving Switzerland. I am buying an investment property not in Switzerland. Do I have to sell my property in Switzerland (or can I rent it out) ?
people still think that property buying in Switzerland for rental is a good investment? outside CH yes, use it yourself yes, rent it out as investment no
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Old 16.10.2018, 13:49
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Re: Do foreigners must sell residental property when leaving Switzerland?

I think the only situation where you might be "forced" to sell is if you are a non-EU resident on a B-permit, and when you leave your bank refuses to roll over your mortgage. Particularly this is a risk for US citizens and Swiss retail banks don't really want them, especially if they are no resident.
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Old 16.10.2018, 13:52
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Re: Do foreigners must sell residental property when leaving Switzerland?

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people still think that property buying in Switzerland for rental is a good investment? outside CH yes, use it yourself yes, rent it out as investment no
Prime swiss rental property yields around 3%, and given the cooling in prices over the last decade, it should be stable. That is comparable to other prime spots like London.

If you own property you still need to file taxes in Switzerland after you leave... bit of a headache..
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