ARTICLE
14 October 2024

Application Of The Lex Koller With Italy - Reciprocity

BK
Bär & Karrer

Contributor

Bär & Karrer is a renowned Swiss law firm with more than 170 lawyers in Zurich, Geneva, Lugano and Zug. Our core business is advising our clients on innovative and complex transactions and representing them in litigation, arbitration and regulatory proceedings. Our clients range from multinational corporations to private individuals in Switzerland and around the world.
Swiss citizens face restrictions when acquiring real estate property in Italy due to the principle of reciprocity enshrined in Italian legislation. In fact, through the principle of reciprocity anchored.
Switzerland Real Estate and Construction

Swiss citizens face restrictions when acquiring real estate property in Italy due to the principle of reciprocity enshrined in Italian legislation. In fact, through the principle of reciprocity anchored in the Italian Civil Code, the same Lex Koller restrictions apply specularly to the acquisition of real estate in Italy by Swiss citizens. This means that Swiss citizens are required to obtain special authorization, which is often difficult to secure, to purchase property in Italy.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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