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PSwitzerland is the distinction between recognition as a resident through the B and C (for non EU nationals) permit system and permission to purchase property as a foreigner. Basically, acquiring a B permit gives one much the same rights as a Swiss citizen (in relation to property purchase and other things) and is supposed to entail residence in the country for the greater part of the year. For all other foreigners, ownership of Swiss residential property entitles you and your immediate family to live for up to six months of the year in the country (although only for a maximum of three months at a stretch) and the obligation to occupy your property for no less than three weeks a year.

As the majority of investors will probably be investing in apartment accommodation, it is worth pointing out that the Swiss equivalent of a condominium (propriete par etage) works on the basis of shared ownership of communal parts (through shares in a management company) and exclusive ownership of the defined residence. This sounds very sensible and the apartment owner has exclusive ownership of their own car parking, which should help minimise one area of controversy.

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