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Buying property in Switzerland is complicated for foreigners. The Swiss government has regulations which limit the number of purchases and the amount of land which can be sold to non-nationals: currently there are about 1400 such permits each year. These are allocated to the 26 "Cantons", and some cantons may reach their own annual limit while the national total remains below the limit for the country as a whole. In addition, each canton imposes its own limitations, which may include minimum periods of several years before resale is allowed. 

The "area" limit restricts individual foreign owners (including married couples) to 100 square metres, but co-ownership can be used to combine such allocations in order to buy a single larger area. 

Because of these limitations demand tends to exceed supply: in some cantons there are waiting lists of as much as 2 years for foreign purchase permits, and prices are correspondingly high. Chalets in popular resorts are typically in the range of £300,000 to £1m. Purchase costs involve a purchase tax (which includes notaries' fees) of 2.5% to 5%.  
 

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