Home > Overseas Property News

Top 10 Overseas Property Investments in 2010 - 5



Country:  Switzerland

5. Property in Switzerland
Many of the high earners currently living in Britain look set to quit the UK in droves ahead of the introduction of a 50% top tax rate in April 2010, and escape to more tax-friendly shores, such as Switzerland.

The Swiss authorities are actively lobbying to attract many of these disillusioned high-net worth individuals, who are being tempted by assurances that they will be allowed to steer clear of European Union regulation and Britain’s Financial Services Authority.

It is estimated that hedge funds managing in the region of £10bn in assets have already moved to Switzerland in the past year alone. This has increased demand for homes to rent and buy.

Due to canton restrictions, it has previously been difficult for foreigners to buy property in Switzerland. However, the country has now eased its strict property buying regulations, and opened its doors to more international buyers, partly through the introduction of ‘residence de tourisme’ style investments, which is similar to the ever-popular ‘leaseback’ formula in France.

Switzerland, one of the richest nations in the world, is of course a tax haven.
Anyone who sets up permanent residency in Switzerland would be entitled to take advantage of the country’s favourable tax law, including the lump sum taxation, which charges a levy based on people’s lifestyle and spending habits.

Given that one’s taxable income is charged at just five times their annual rent or rental value of their property, and the fact that assets outside Switzerland remain tax-free, should ensure demand for Swiss properties - to rent and buy - remains strong for years to come.

Historically, Swiss property values have typically appreciated in line with inflation. Properties located at the top end of the market, in cantons like Valais and Vaud, have reportedly increased by up to 20% in the past year.


See Also:   Marc Da-Silva, Switzerland


<< Previous News item
With tag "Marc Da-Silva"
NextNews item >>
Within Switzerland
With tag "Marc Da-Silva"
With tag "Switzerland"


Some properties in Switzerland

Ref 4904695, Valais, Haute Nendaz, Switzerland

Ref 4904695, Valais, Haute Nendaz, Switzerland

Price: £107,390

Type: Apartment

Bedrooms: 3

Magnificent new 28 apartment project in the centre of Haute NendazIn an outstanding location in the centre of the resort and under two minutes walk to the lift, where you can enjoy the stunning 4 Valleys 410km ski domain, these studio, 1, 2 and 3


Ref 5239687, Valais, Haute Nendaz, Switzerland

Ref 5239687, Valais, Haute Nendaz, Switzerland

Price: £271,918

Type: Apartment

Bedrooms: 2

This well located sunny 2 bedroom South West facing corner apartment of approx 80m2 + large corner balcony on the 1st floor with large terrace in the centre of the resort that has a swimming pool and sauna in the building is available for non Swiss


Ref 4371630, Valais, Switzerland

Ref 4371630, Valais, Switzerland

Price: £282,244

Type: Apartment

Bedrooms: 2

28 apartment project at excellent prices in an outstanding location in the centre of the resort, under 2 minutes walk to the lift, where you can arrive, park the car and enjoy the resort. Available for Swiss and non Swiss Residents to purchase.


Ref 5127412, Valais, Veysonnaz, Switzerland

Ref 5127412, Valais, Veysonnaz, Switzerland

Price: £399,272

Type: Apartment

Bedrooms: 2

This superb project of just 6 luxury apartments now completed has just one remaining 2 bedroom, 1 bathroom East facing apartment of 84m2 + terrace (12m2) + garden (20m2) on the ground floor which has never been used.


Ref 5147183, Vaud, Les Diablerets, Switzerland

Ref 5147183, Vaud, Les Diablerets, Switzerland

Price: £455,996

Type: Apartment

Bedrooms: 3

This superb new building under construction in the centre of the resort is just a 3 minute walk from the train station.


Ref 4904709, Valais, Haute Nendaz, Switzerland

Ref 4904709, Valais, Haute Nendaz, Switzerland

Price: £834,340

Type: Apartment

Bedrooms: 3

Superb small residence of just 5 apartments in a popular residential part of Haute NendazIn a very peaceful and tranquil residential area of Haute Nendaz, yet only 500m from the village centre and lifts, this superb carefully designed chalet


Ref 5288366, Valais, Haute Nendaz, Switzerland

Ref 5288366, Valais, Haute Nendaz, Switzerland

Price: £1,272,163

Type: Apartment

Bedrooms: 4

Magnificent new 28 apartment project in the centre of Haute NendazIn an outstanding location in the centre of the resort and under two minutes walk to the lift, where you can arrive, park the car and enjoy the resort and stunning 4 Valleys 410km ski


Ref 5157535, Valais, Crans Montana, Switzerland

Ref 5157535, Valais, Crans Montana, Switzerland

Price: £1,459,700

Type: Apartment

Bedrooms: 3

In a unique position, the chalet "Les Terrasses du Golf" available for Swiss and non Swiss residents to purchase is located in a residential area on a plot just 3 minues to the centre of Crans Montana and only 300m from the 14th hole of the world


Ref 5294662, Vaud, Villars-sur-Ollon, Switzerland

Ref 5294662, Vaud, Villars-sur-Ollon, Switzerland

Price: £1,514,480

Type: Apartment

Bedrooms: 4

Offering wonderful views, a very rare opportnity exists to purchase two off plan, high specification apartments by a well known and respected Swiss architectural firm who have completed many projects throughout Switzerland and worldwide.


Ref 5287771, Valais, Verbier, Switzerland

Ref 5287771, Valais, Verbier, Switzerland

Price: £2,340,560

Type: Apartment

Bedrooms: 4

This luxurious fully renovated, 4 bedroom (5 1/2 room) duplex, South West facing apartment of 165m2 on the 3rd floor (attic), is located just 3 minutes walk from the gondola and village in a very quiet and prestigious area of Verbier.


featured properties