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Europe protects its real estate

The laws of these countries most strictly forbid foreign citizens from buying real estate personally, but have nothing against an apartment or house being owned by a company registered in these countries. And the owner of the company can be a foreigner completely legally. In Switzerland, there are quotas for such sales; no more than a certain number may be sold per year. And in some cantons, none are sold at all – not a single property per year.

Taxes, as is known, are obligatory «companions» of real estate. As a rule, in states that do not deliberately attract foreign buyers with low taxes, annual rates are around 1-2% per year – meaning, having bought a house for a million, one must be prepared to pay 10-20 thousand annually.

Based on materials from Metrinfo.Ru