Swiss Property Purchase

Yes, but with restrictions under Lex Koller regulations. EU/EFTA residents can buy primary residences freely, while non-EU citizens face quotas and restrictions. Non-residents can typically only buy in designated tourist areas. Our experts help navigate these complex regulations and identify eligible properties for your situation.

Swiss banks typically require 20% down payment for residents, with at least 10% from personal funds. Non-residents often need 40-60% down payment, varying by canton and property type. We help you understand financing requirements and connect with appropriate lenders for optimal terms.

The entire process typically takes 6-12 weeks from offer acceptance to completion, including legal reviews, financing approval, and registration formalities. Timeline varies based on property type, financing complexity, and cantonal procedures. Our experts help streamline the process and avoid delays.

Additional costs include land registry fees (0.1-0.3%), notary fees (0.8-1.5%), stamp duty (varies by canton), legal fees, and property transfer taxes, totaling approximately 2-4% of purchase price. We provide detailed cost breakdowns and help budget for all expenses.

While not always mandatory, having a Swiss bank account significantly improves your chances of mortgage approval and may result in better terms. Most banks prefer clients with established Swiss banking relationships. We help you establish banking relationships and navigate mortgage applications.

Property taxes vary by canton and include annual property tax (0.15-1% of value), imputed rental value income tax, and potential wealth tax. Some cantons also have property transfer taxes upon purchase. We provide detailed tax analysis and optimization strategies for your investment.