This year will mark a watershed in the Swiss real estate market, when the Government submits to Parliament the approval of the removal of restrictions that have prevented non-Swiss nationals from owning business or residential properties without having to go through complex authorisation processes.
The Government will continue to restrict the number of secondary residences in areas where they are already highly concentrated, but the overall impact of opening up the market to foreign investors is expected to be immense. In a country that is short of residential properties, the liberalisation of the market is expected to bring an influx of investors and strong growth in housing projects.
