Another new Geneva law creates havoc

Yet another ill-thought-out new Geneva law is causing panic and confusion.

Hot on the heels of the change in vehicle tax which shocked many owners when they received a bill sometimes amounting to thousands of francs.

A new law restricts the purchase of properties in development zones. To be eligible, you have to have lived in the canton for four years and pay income tax.

This is catching many out – such as those who want to move back from either France or Vaud. 

Lawyers and notaries are swamped – and the courts are being overwhelmed with appeals.

Some developers have suspended sales.

The law was passed over the summer and came into effect this month. The minister for the Department of Territory, Antionio Hodgers, was against the law from the start.

More from Bitesize News

  • Phone company going to court

    A Swisscom technician who spent 38 years at the company says he was fired for helping his 80-year-old neighbour cancel a subscription she never wanted

  • Swiss watch authenticity

    Voices in the Swiss watch industry are calling for a new '100% Swiss made' label to distinguish fully home-produced timepieces from those partly manufactured in Asia

  • Valais school initiative

    Valais is rolling out an interactive workshop for 2,600 secondary school pupils to help them spot hidden marketing on social media

  • UBS latest news

    The Council of States has backed a 90% capital-coverage rule for UBS's foreign subsidiaries — a compromise stopping short of the Federal Council's push for full coverage

  • Housing concerns still an issue

    Switzerland's housing crisis will ease only marginally next year, according to a new study

  • Valais scam alert

    Valais police say a fresh wave of phone scams has cost residents nearly CHF 150,000 in the past week alone

Download our app

  • Available on the App Store
  • Available on Google Play