What is Lex Friedrich/Koller?

Lex Friedrich (now commonly referred to as Lex Koller) is the Swiss federal law that regulates the acquisition of real estate by foreign nationals. The legislation is designed to protect Swiss land and property markets from excessive foreign influence.

Key Provisions:

• Restricts foreign ownership of residential real estate in Switzerland
• Aims to preserve Swiss sovereignty over domestic property markets
• Foreign nationals must obtain government approval (permit) before acquiring certain types of real estate
  

Who Is Affected?

• Non-resident foreigners (outside the EU/EFTA) face the most restrictions
• Even resident foreigners may be subject to limitations depending on permit type and property use

Expectations:

• EU/EFTA nationals residing in Switzerland may purchase principal residences without a permit
• Business premises can often be acquired for legitimate commercial activity
• Tourism-related properties (e.g. hotels) may be exempt under certain conditions

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Why It Matters:

Understanding Lex Koller is essential for foreign investors, real estate developers, and entrepreneurs looking to establish a presence in Switzerland. Violating these regulations can lead to denied transactions or legal complications.

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