According to a new leading case of the Federal Supreme Court, the purchase of property by Swiss nationals may require authorization if it is substantially financed by foreigners.
Before giving an overview on this case, we will introduce the Swiss legislation regarding the purchase of property in general.
We have prepared a pdf for you, which examines the following points:
- Overview on Swiss legislation regarding the purchase of property (General rule regarding permit requirement, relevant types of properties and other rights, persons concerned)
- Judgement of the Federal Supreme Court as of November 4th, 2016, 2C_1093/2015 (Facts, Considering in law)
Please click on the button below to download the pdf.
If you liked this article you may also be interested in reading about Switzerland sets work permit quotas for 2017: what employers need to know, written by Daisy Vacher, Felix Mathis, Benjamin Dürig
Oliver’s practice focuses on private clients and their advisers (banks, family offices, foreign advisers) in all aspects of domestic and international wealth planning. He also specialises in banking, asset management and regulatory matters. Oliver joined Froriep as an associate in 2004 and became counsel in June 2009. His work involves representing and advising private clients on the structuring of assets (trusts, foundations, international business corporations, international and domestic estate planning, matrimonial property rights and taxation). In addition he advises Swiss and international banks, asset managers, investment advisers and family offices on regulatory and contractual matters and represents them in proceedings. He publishes extensively in all his fields of practice. Oliver is an academic consultant with the Institute for Legal Theory and Legal Practice at the University of St Gallen, and is frequently invited to speak at or chair conferences.
Daisy's work focuses on matters of Swiss immigration and the procurement of work permits for companies wanting to employ foreign nationals in Switzerland. Before joining Froriep as an attorney, Daisy spent three years working for Fragomen Global Immigration Services in Zurich. Before that she was an associate attorney with Izaguirre Law in Colorado Springs, USA. In 2006 she completed her Bachelor of Arts at the University of Arizona followed by her Juris Doctor degree from the Sturm College of Law at the University of Denver in 2011. Later that same year she was admitted to the Colorado Bar. She is a native English speaker and speaks fluent Spanish. She also has a good command of French and Italian, and speaks intermediate-level German.