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ARTICLE · 08 MAY 2017

Real Estate Acquisition Restrictions

Bär & Karrer Ltd.
Bär & Karrer Ltd.
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Bär & Karrer Ltd.

Bär & Karrer Ltd.

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On March 10 2017, the Federal Council of Switzerland opened a hearing procedure for the amendment of the Lex Koller, the law restricting the acquisition of real estate by persons abroad.

SwitzerlandReal Estate and Construction
Corrado Rampini
Corrado Rampini
Thomas Rohde
Thomas Rohde
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On March 10 2017, the Federal Council of Switzerland opened a hearing procedure for the amendment of the Lex Koller, the law restricting the acquisition of real estate by persons abroad. The Federal Council proposes in part very severe restrictions. For this reason, the Federal Council is not formally proposing to implement the most controversial changes relating to commercial properties and listed real estate companies, but rather is putting them up for discussion only.

Commercial properties

The most far reaching proposal relates to commercial properties, specifically, properties used for commercial or business purposes (offices, production, logistics, retail, hotels, and so on). It is proposed that these commercial properties would again be subject to the Lex Koller. Persons abroad would thus be excluded from acquiring commercial properties in Switzerland in the future. The only exception would be where an owner uses the property for his own business activities

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