Obtaining a residence permit in Switzerland by buying a property
Switzerland is a dream country in Europe, which is one of the top countries in the world in terms of welfare, security, quality of life, economy, education system.
A lot of people who want to migrate to Switzerland choose the education method for migrating to this country, but in this article we will talk about getting a residence permit in Switzerland through buying a property in this country.
In the Comments section, you can also ask your questions and answer them in a short time.
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The requirements for buying a property in Switzerland
In is possible to buy a property in Switzerland or invest in this country by buying property, but each of the 26 cantons of this country have their own constitution, legislature, government and courts and the requirements for buying a property in each one of these cantons are different.
Can foreigners buy a property in Switzerland?
Yes, it is possible for foreigners to buy a property in Switzerland, but there are national, regional and local restrictions on where and what foreigners can buy. Foreign property owners may be able to stay in their homes for up to 6 months per year.
Foreigners can only buy a residential property in a tourist area. Unless you are Swiss or have a Swiss residence permit, otherwise you cannot buy a property in Geneva, Basel, Zurich, Zug or other Swiss cities. Foreigners are allowed to buy houses and apartments in most Swiss ski resorts as they are located in tourist areas. This article has been prepared and written by the experts of Malekpour Law Firm and coping it is against the law.
Foreigners are able to buy in ski resorts in Cantons Bern, Graubünden, Obwalden, Uri, Vaud & Valais. In Switzerland, there is a law that has established a permit system. According to this law, only some properties are eligible to be sold to foreigners, and it restricts the sale of properties with a habitable area of over 200 square meters to foreigners. There are a variety of other restrictions at a regional (Canton) and local (Commune) level.
Buy a property in Zurich
Zurich is one of the largest and most important cities in Switzerland and the price per square meter of a villa in Zurich is CHF 11,643 and the price per square meter of an apartment is CHF 12,963.
Property prices in Switzerland
For people who want to invest in real estate, knowing the price of properties is very important. In each of the canton of Switzerland, the cost of buying or renting a property is different. In the table below you can see the average costs and rental prices.
City | Average price per square meter of an apartment | Average price per square meter of a House | Average price per square meter for renting a property |
Zürich | CHF 12,963 | CHF 11,643 | CHF 428 |
Zug | CHF 13,089 | CHF 6,100 | CHF 367 |
Yverdon-les-Bains | CHF 7,564 | CHF 8,165 | CHF 258 |
Winterthur | CHF 7,985 | CHF 7,800 | CHF 274 |
Vernier | CHF 10,381 | CHF 7,786 | CHF 330 |
Uster | CHF 9,378 | CHF 9,967 | CHF 287 |
Thun | CHF 6,043 | CHF 6,718 | CHF 245 |
St. Gallen | CHF 6,054 | CHF 5,047 | CHF 222 |
Sion | CHF 5,103 | CHF 4,834 | CHF 220 |
Schaffhausen | CHF 6,333 | CHF 6,339 | CHF 213 |
Neuchâtel | CHF 6,926 | CHF 8,103 | CHF 248 |
Luzern | CHF 9,362 | CHF 7,118 | CHF 293 |
Lugano | CHF 9,107 | CHF 7,184 | CHF 256 |
Getting a residence permit in Europe by buying a property
Investing in real estate is very common in Europe. There are some countries that will grant a permanent residence permit to the applicant through the purchase of a property. Countries such as Greece, Portugal, Spain and Cyprus are among these countries. Investing in real estate is one of the best types of investments and the profits made from this sector are very high for the investor. You can buy a property in Spain for 500 thousand Euros, in Portugal for 500 thousand Euros (larger cities), 350 thousand Euros and 280 thousand Euros (in smaller cities) and in Greece for 250 thousand Euros. In Cyprus, you can obtain a Cyprus citizenship by investing € 2 million in real estate. In all of these countries, the investor is granted a Golden Visa, which lead to getting a permanent residence permit for the main applicant and his or her family. People who buy a property in these countries, in addition to being able to live, work, and travel in EU countries, can also earn money by renting their properties.
Obtaining a residence permit in Switzerland through investment
People who want to settle in Switzerland by investing in this country can do it through company registration and self-employment method. Buying a property in Switzerland will not lead to getting a residence permit and can only be considered as an investment for the applicant. When it comes to the self-employment method and obtaining a residence permit through this method in Switzerland, it should be noted that this method is for people who are retired and are at least 55 years old. In this method, the candidate must show he/she earned 50,000 francs per year from the age of 55 to 78, which is the life expectancy in Switzerland. In addition to that, it is necessary to have real estate documents in Iran, have the experience of travelling to Switzerland or travelling to other countries in the Schengen Area. In this method, the applicant is not allowed to work in Switzerland, but he/she will be able to register a company in Switzerland. To register a company, the applicant must have an amount of 500,000 francs, or he/she can buy a part of the shares of some companies in Switzerland for at least 100,000 francs. In this method, a residence permit will be issued to the applicant which can be renewed every year, and the applicant can apply for a permanent residence permit and citizenship after 10 years of residence in Switzerland.
Switzerland Real Estate Lawyer
When it comes to immigration through investment, the use of an immigration lawyer is very important and vital. Using a lawyer clarifies all aspects of investing and legal matters for a person. People who invest without a lawyer, especially when they invest through buying a property, are more likely to lose their capitals and face financial failures. Therefore, for buying a property in Switzerland we suggest you to get help from an experienced immigration lawyer who specializes in immigration matters to protect your interests.
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