May foreigners acquire real estate in Switzerland?
The “Federal Act on Acquisition of Real estate by Persons living abroad” restricts the acquisition of real estate in Switzerland by foreigners. The acquisition of real estate by persons abroad is restricted by the Federal Act on the Acquisition of Real estate by Persons living abroad (“Bundesgesetz über den Erwerb von Grundstücken durch Personen im Ausland”, hereinafter “the Act”). This Act is commonly referred to as “Lex Koller” or previously also “Lex Friedrich”. It restricts the acquisition of real estate in Switzerland by foreigners,...