Chapter 194
"Well, it's settled! Miss Sara, what are the next steps to go through?"
Sara smiled and said: "Mr. Li, I just learned from Markus that your residence permit is being applied for. If you are really interested, we can accompany you to the developer of this villa to sign an agreement of intent to purchase, and then You only need to pay a part of the deposit, and the developer will keep it for you for a period of time. After your residence permit is processed, we will help you with the transfer procedures. If your residence permit application is not approved, we have contacted the developer in advance, and they said Your deposit can be refunded in full..."
"Mr. Li, this project that has obtained the company's business license and filed with the Trade and Investment Promotion Agency SGE can almost [-]% obtain a B residence permit. I have never encountered a case of rejection in my career, unless Encountered a very special situation..." Markus explained on the sidelines.
"Why do you need a B residence permit to buy a house?" Qian Ruoxue asked curiously. Although she has been to Switzerland many times, she has never studied real estate.
Markus explained that due to Switzerland’s unique geographical location, stable policies, prosperous economy, beautiful scenery, and high-quality real estate architectural design and construction, Swiss real estate has good investment value and is especially favored by foreign investors seeking stable returns.But on the other hand, Switzerland is small and mountainous, and the land resources available for real estate construction are very limited.In order to avoid overheating and speculation in the real estate market, Switzerland enacted the Lex Koller Law (Federal Act on the Purchase of Real Estate by Foreign Persons) (referred to as the Foreign Property Purchase Act). This act was dubbed the former Swiss It is also known as the Rex Kohler Act, after Attorney General Kohler.
The Lex Koller Act has long placed restrictions on real estate purchases by foreigners -- who must obtain state-level approval before they can acquire title.
There are 8 types of identity cards and residence permits granted to foreigners in Switzerland. Different certificates stipulate the duration of residence and rights of foreigners in Switzerland.Alien certificates are divided into residence permits (permit) B, C, Ci, F, G, L, N, and S.
According to Swiss law, when applying for a Swiss residence permit for the first time, foreign residents can obtain a permit B or a permit L.Licenses are initially issued for one year, but license B applied by investors like Li Xiaofan can be renewed annually, while license L can only be renewed once.Citizens from non-EU/EFTA countries like Li Xiaofan must have lived in Switzerland with a B permit for 10 consecutive years before they can apply for a C permit for Swiss permanent residence.
The "Rex Kohler Act" stipulates that those who hold a permanent residence permit C enjoy national treatment and are free to purchase commercial real estate and residences.People who hold a residence permit B are regarded as "special foreigners", and they can buy a single-family house or self-use apartment in their actual place of residence without having to apply for approval.This type of house must be lived in and cannot be rented out.Generally speaking, there is no limit to the area of the house; however, the area should not be so large that it may be doubted that the purpose of the purchaser is for investment.When the house exceeds 3000 square meters, the Land Registry will refer the buyer to the Building Permits Department, which will make a decision on whether the buyer is allowed to purchase the house.
"Oh, Rex Colefa, I've heard of it, so that's what happened..."
He continued: "There is also a more secure plan. Mr. Li, you can also go back to China temporarily, and then come to buy a house after the residence permit is approved! At that time, the possible situation is that this house will be bought away, but There are other options available..."
Li Xiaofan thought for a while and said: "Don't worry about it, I will trouble you to accompany me to the developer to sign the purchase agreement!"
15 minutes later, Sara accompanied Li Xiaofan and others for a walk to the office of the developer Galaxy Real Estate in the small town of Polly Puri (Pui).
Galaxy Real Estate Galaxy Real Estate Company sounds like a big company, but compared with domestic developers, this company is much smaller. It is located in a three-story office building, which looks like an exquisite large building. The villa and the garden are beautiful.
After hearing that Li Xiaofan and Qian Ruoxue were from China, Mr. Gabriel, the sales director of Galaxy Real Estate, enthusiastically called a female colleague from the company to greet them.
"Hi, how are you, are you friends from China?" A Chinese lady with a good temperament in her forties came out, speaking Mandarin with a Beijing accent.
"Well, yes, hello! It's so unexpected that I can meet a fellow from China here!"
It was really surprising. After everyone introduced her to each other, the female colleague Gabriel introduced was Zhang Wenli, whose hometown is Wuyishan, Fujian.He studied architectural design in Shanghai Tongji for his undergraduate degree. After graduating from Tongji, he studied in Switzerland and studied for a master's degree in architectural design at the ETH Architecture Department of the Federal Institute of Technology in Zurich.The teaching at the ETH Architecture Department at ETH Zurich has a long-standing international reputation.After graduating from graduate school, Zhang Wenli stayed and worked in the local area, and later married a local Swiss. She is currently the chief architect of Galaxy Real Estate.
In front of Zhang Wenli, Li Xiaofan concealed his identity as a university student in Dongdong, and only introduced himself to help his family do some investment business.
When Zhang Wenli knew that Qian Ruoxue was a professor from Shanghai East University, she was very enthusiastic. After all, she had studied in Shanghai for four years, and she still had great affection for Shanghai and the campus.
Maybe it was rare to meet guests from China, Zhang Wenli pulled Qian Ruoxue to chat with Li Xiaofan non-stop, and even brought the authentic Dahongpao from her hometown from her office, and made Kung Fu tea for each of them.
After making tea, Zhang Wenli introduced some professional knowledge and background of Swiss real estate development to Li Xiaofan and Qian Ruoxue, which made Li Xiaofan finally understand why the scenery in Switzerland is so beautiful and why the planning is so orderly.
Zhang Wenli introduced that the Swiss housing management system is very strict: each canton has a special office called Edilité, which may be equivalent to the domestic construction committee, which is responsible for all construction-related matters in the canton, the overall planning, from the layout of new housing to Maintenance of historic buildings.There are usually several senior architectural designers or engineers in charge of this office, and any decision must be discussed and voted on, and there is no possibility of a single person having the final say.Of course, it is also responsible for the approval and issuance of building permits.Offices in the same sense exist in every region, every city, and even every village.That is to say, if someone wants to buy land and build a house by himself, he must first apply for approval from the village or region to which the land belongs. The materials for approval include design and planning drawings, detailed architectural style, material selection, color, etc., after local approval. After the approval of Editilité, the construction project can only start after reporting to the state government for approval and issuing a building permit.This process usually takes at least two months.
(End of this chapter)
"Well, it's settled! Miss Sara, what are the next steps to go through?"
Sara smiled and said: "Mr. Li, I just learned from Markus that your residence permit is being applied for. If you are really interested, we can accompany you to the developer of this villa to sign an agreement of intent to purchase, and then You only need to pay a part of the deposit, and the developer will keep it for you for a period of time. After your residence permit is processed, we will help you with the transfer procedures. If your residence permit application is not approved, we have contacted the developer in advance, and they said Your deposit can be refunded in full..."
"Mr. Li, this project that has obtained the company's business license and filed with the Trade and Investment Promotion Agency SGE can almost [-]% obtain a B residence permit. I have never encountered a case of rejection in my career, unless Encountered a very special situation..." Markus explained on the sidelines.
"Why do you need a B residence permit to buy a house?" Qian Ruoxue asked curiously. Although she has been to Switzerland many times, she has never studied real estate.
Markus explained that due to Switzerland’s unique geographical location, stable policies, prosperous economy, beautiful scenery, and high-quality real estate architectural design and construction, Swiss real estate has good investment value and is especially favored by foreign investors seeking stable returns.But on the other hand, Switzerland is small and mountainous, and the land resources available for real estate construction are very limited.In order to avoid overheating and speculation in the real estate market, Switzerland enacted the Lex Koller Law (Federal Act on the Purchase of Real Estate by Foreign Persons) (referred to as the Foreign Property Purchase Act). This act was dubbed the former Swiss It is also known as the Rex Kohler Act, after Attorney General Kohler.
The Lex Koller Act has long placed restrictions on real estate purchases by foreigners -- who must obtain state-level approval before they can acquire title.
There are 8 types of identity cards and residence permits granted to foreigners in Switzerland. Different certificates stipulate the duration of residence and rights of foreigners in Switzerland.Alien certificates are divided into residence permits (permit) B, C, Ci, F, G, L, N, and S.
According to Swiss law, when applying for a Swiss residence permit for the first time, foreign residents can obtain a permit B or a permit L.Licenses are initially issued for one year, but license B applied by investors like Li Xiaofan can be renewed annually, while license L can only be renewed once.Citizens from non-EU/EFTA countries like Li Xiaofan must have lived in Switzerland with a B permit for 10 consecutive years before they can apply for a C permit for Swiss permanent residence.
The "Rex Kohler Act" stipulates that those who hold a permanent residence permit C enjoy national treatment and are free to purchase commercial real estate and residences.People who hold a residence permit B are regarded as "special foreigners", and they can buy a single-family house or self-use apartment in their actual place of residence without having to apply for approval.This type of house must be lived in and cannot be rented out.Generally speaking, there is no limit to the area of the house; however, the area should not be so large that it may be doubted that the purpose of the purchaser is for investment.When the house exceeds 3000 square meters, the Land Registry will refer the buyer to the Building Permits Department, which will make a decision on whether the buyer is allowed to purchase the house.
"Oh, Rex Colefa, I've heard of it, so that's what happened..."
He continued: "There is also a more secure plan. Mr. Li, you can also go back to China temporarily, and then come to buy a house after the residence permit is approved! At that time, the possible situation is that this house will be bought away, but There are other options available..."
Li Xiaofan thought for a while and said: "Don't worry about it, I will trouble you to accompany me to the developer to sign the purchase agreement!"
15 minutes later, Sara accompanied Li Xiaofan and others for a walk to the office of the developer Galaxy Real Estate in the small town of Polly Puri (Pui).
Galaxy Real Estate Galaxy Real Estate Company sounds like a big company, but compared with domestic developers, this company is much smaller. It is located in a three-story office building, which looks like an exquisite large building. The villa and the garden are beautiful.
After hearing that Li Xiaofan and Qian Ruoxue were from China, Mr. Gabriel, the sales director of Galaxy Real Estate, enthusiastically called a female colleague from the company to greet them.
"Hi, how are you, are you friends from China?" A Chinese lady with a good temperament in her forties came out, speaking Mandarin with a Beijing accent.
"Well, yes, hello! It's so unexpected that I can meet a fellow from China here!"
It was really surprising. After everyone introduced her to each other, the female colleague Gabriel introduced was Zhang Wenli, whose hometown is Wuyishan, Fujian.He studied architectural design in Shanghai Tongji for his undergraduate degree. After graduating from Tongji, he studied in Switzerland and studied for a master's degree in architectural design at the ETH Architecture Department of the Federal Institute of Technology in Zurich.The teaching at the ETH Architecture Department at ETH Zurich has a long-standing international reputation.After graduating from graduate school, Zhang Wenli stayed and worked in the local area, and later married a local Swiss. She is currently the chief architect of Galaxy Real Estate.
In front of Zhang Wenli, Li Xiaofan concealed his identity as a university student in Dongdong, and only introduced himself to help his family do some investment business.
When Zhang Wenli knew that Qian Ruoxue was a professor from Shanghai East University, she was very enthusiastic. After all, she had studied in Shanghai for four years, and she still had great affection for Shanghai and the campus.
Maybe it was rare to meet guests from China, Zhang Wenli pulled Qian Ruoxue to chat with Li Xiaofan non-stop, and even brought the authentic Dahongpao from her hometown from her office, and made Kung Fu tea for each of them.
After making tea, Zhang Wenli introduced some professional knowledge and background of Swiss real estate development to Li Xiaofan and Qian Ruoxue, which made Li Xiaofan finally understand why the scenery in Switzerland is so beautiful and why the planning is so orderly.
Zhang Wenli introduced that the Swiss housing management system is very strict: each canton has a special office called Edilité, which may be equivalent to the domestic construction committee, which is responsible for all construction-related matters in the canton, the overall planning, from the layout of new housing to Maintenance of historic buildings.There are usually several senior architectural designers or engineers in charge of this office, and any decision must be discussed and voted on, and there is no possibility of a single person having the final say.Of course, it is also responsible for the approval and issuance of building permits.Offices in the same sense exist in every region, every city, and even every village.That is to say, if someone wants to buy land and build a house by himself, he must first apply for approval from the village or region to which the land belongs. The materials for approval include design and planning drawings, detailed architectural style, material selection, color, etc., after local approval. After the approval of Editilité, the construction project can only start after reporting to the state government for approval and issuing a building permit.This process usually takes at least two months.
(End of this chapter)
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