Real Estate

July 14 2017
Michael Lips Federal Supreme Court stops property sale between foreigners

Switzerland - Pestalozzi Attorneys at Law Ltd

Foreign investments in Swiss real estate are governed by a federal law known as the 'Lex Koller' and additional cantonal rules. The law restricts the acquisition of residential real property by non-Swiss residents. In a recent decision, the Federal Supreme Court decided for the first time that the sale of a vacation home between two non-Swiss residents is allowed only in designated communities. The decision stops a long-standing practice of the cantonal authorities.

Authors: Michael Lips, Andrea Rohrer-Lippuner
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