Federal Act
on the Acquisition of Immovable Property
in Switzerland by Foreign Non-Residents
(ANRA)

The Fed­er­al Coun­cil shall fix the max­im­um num­ber of au­thor­isa­tions for the whole of Switzer­land for hol­i­day homes and ac­com­mod­a­tion units in apar­tho­tels for an ini­tial peri­od of two years at a num­ber equi­val­ent to two thirds of all the au­thor­isa­tions that were gran­ted on av­er­age over the five years pri­or to the com­mence­ment of this Act for the ac­quis­i­tion of second homes in ac­cord­ance with the pre­vi­ous law.