What Are the Legal Requirements for Foreigners Buying Luxury Property in Switzerland
Foreign individuals looking to purchase luxury property in Switzerland must adhere to certain legal requirements. The Swiss government imposes restrictions to maintain the balance between national and international interests. Non-EU buyers may face limitations on property size, location, and purpose. Moreover, they should obtain a permit to purchase from the authorities, ensuring compliance with the Lex Koller legislation. To prevent any legal complications, foreigners must carefully navigate these regulations before investing in the Swiss luxury real estate market.