Handbook for Investors. Business location in Switzerland.

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Fig. 28: Market prices for rental apartments, as of fourth quarter 2008 Net rents in CHF per square meter of net internal area per year (median) over 220 200 to 220 180 to 200 160 to 180 140 to 160 below 140 Source: Wüest & Partner Once the right property has been found, the next step is to sign a contract of sale. This contract forms the basis for any real estate acquisition and must be drawn up and notarized by a notary. It obliges the seller to transfer the property and the buyer to pay the agreed purchase price. The contract also describes the property and stipulates the date on which the property will be handed over and the securing of any capital gains tax on the property. Before signing the contract, it is advisable to check the land register to see whether any rights and encumbrances are associated with the land on which the property stands or will be built. By providing proof of interest, you can obtain detailed information in the form of an extract from the land register, for which there is a fee. The information recorded in the land register can be complex. Although a right-of-way is easy for the layperson to understand, the situation is much more complicated when it involves building law or regulations applying to condominiums. In these cases, it may be advisable to consult an expert. The notary who handles the sale can also provide further information. The contract of sale, which must always be publicly notarized, represents the actual underlying transaction and is required for subsequent registration in the local land register. Ownership actually passes to the buyer when the land register entry is made. There is no centralized land register for all of Switzerland; each canton maintains its own register under the supervision of the Federal Office of Justice. 62 Handbook for Investors 2010
Fig. 29: Market prices for owner-occupied apartments, as of fourth quarter 2008 In CHF per square meter of net internal area (median) over 5,000 4,500 to 5,000 4,000 to 4,500 3,500 to 4,000 3,000 to 3,500 below 3,000 Source: Wüest & Partner SVIT Real Estate Association www.svit.ch Languages: German, English, French, Italian Verband Schweizerischer Grundbuchverwalter (Federation of Swiss Land Register Administrators) www.grundbuchverwalter.ch Languages: German, French, Italian Land register overview www.ch.ch Search under: land register Languages: German, English, French, Italian Ancillary costs for purchase of residential property www.hausinfo.ch Link: Finanzen und Steuern/Kauf und Verkauf (Finances & Taxes / Buying & Selling) Languages: German, French Handbook for Investors 2010 63
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Handbook for Investors. Business lo
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Welcome. Dear Reader, By choosing t
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Table of contents. Advantages offer
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10.3.4 Cross-border commuters .....
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9. Excellent educational institutio
Page 11 and 12: 1.2 Climate. Switzerland’s climat
Page 13 and 14: Despite the close proximity of diff
Page 15 and 16: 1.7.2 Direct investments and Swiss
Page 17 and 18: 1.8 Switzerland in figures. Fig. 7:
Page 19 and 20: Fig. 9: Industry structure, percent
Page 21 and 22: 2.2.2 Direct investments In additio
Page 23 and 24: The medical technology industry is
Page 25 and 26: Dachorganisation Informatik- und Te
Page 27 and 28: 3. Economic framework. Free competi
Page 29 and 30: Customs information www.zoll.admin.
Page 31 and 32: Swiss Federal Institute of Intellec
Page 33 and 34: In the main, Swiss product liabilit
Page 35 and 36: 3.5.2 Environment Swiss environment
Page 37 and 38: 4.2 Political and economic cooperat
Page 39 and 40: 4.3 The euro. Even though the offic
Page 41 and 42: The following criteria are crucial
Page 43 and 44: Liability Minimum capital Consultin
Page 45 and 46: Sole proprietorship and general par
Page 47 and 48: 5.4.2 Entry in the commercial regis
Page 49 and 50: Fig. 19: Do I need a visa? I would
Page 51 and 52: 6.1.3 Application procedure 1. Pers
Page 53 and 54: 6.3.3 Special case: students The pr
Page 55 and 56: EU/EFTA nationals EU-17 (original E
Page 57 and 58: Social insurance for foreign nation
Page 59 and 60: 7.1.2 Temporary accommodation and f
Page 61: Fig. 27: Construction sites: market
Page 65 and 66: Fig. 30: Permit requirement by grou
Page 67 and 68: 8. Labor market and labor laws. Swi
Page 69 and 70: Fig. 34: Gross annual earned income
Page 71 and 72: Fig. 37: Labor market deregulation
Page 73 and 74: If the weekly maximum working hours
Page 75 and 76: for a specific period from unemploy
Page 77 and 78: 8.6.1 Old age and survivors’ insu
Page 79 and 80: Calculation of family allowances by
Page 81 and 82: 9. Financial center and capital mar
Page 83 and 84: Cantonal banks Deposit Protection o
Page 85 and 86: a minimum requirement is that purch
Page 87 and 88: Business angels in Switzerland www.
Page 89 and 90: 9.6 Inflation. Switzerland has alwa
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Page 93 and 94: 10.2 Tax charge rate in internation
Page 95 and 96: 10.3.3 Expatriates Qualifying expat
Page 97 and 98: 10.4.2 Treaty rates Most treaties p
Page 99 and 100: 10.5.7 Exports In addition to expor
Page 101 and 102: 10.8 Transfer pricing rules. Accord
Page 103 and 104: outes. The connection between Germa
Page 105 and 106: Fig. 51: Direct intercontinental ai
Page 107 and 108: CHF 1.60 per thousand liters in Swi
Page 109 and 110: Fig. 54: Healthcare infrastructure,
Page 111 and 112: Fig. 55: Switzerland’s educationa
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PISA study Federal Office for Profe
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Fig. 59: Tuition fees in CHF per ye
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Fig. 61: School fees for internatio
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Institution Location Homepage SLF W
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Fig. 66: Personal safety, 2008 New
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Yellow Pages yellow.local.ch Langua
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Anyone who rents a property is urge
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Fig. 69: Real disposable income in
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14. Promoting Switzerland. Location
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Fig. 72: Examples of cantonal incen
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R&D project grants are available in
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20 TechnoArk, Sierre www.technoark.
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Switzerland. Trade & Investment Pro
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15.2 Table of figures. Fig. 1: Swit
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Countries of Europe. Handbook for I
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Language regions. Handbook for Inve
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