In its press release, the Council of State confirmed updates to the regulation implementing Article 8A of the Law on Registration Duties of March 1, 2004, adjusting the CASATAX provisions. This initiative, launched by the CGI, allows buyers to reduce registration fees when purchasing their main residence.
Starting March 1, 2025, the new CASATAX thresholds will be:
- Maximum property value: CHF 1,374,396 (previously CHF 1,359,903)
- Tax reduction: CHF 20,616 (previously CHF 20,399)
Explanation from our broker Fabienne Stendardo:
“The new maximum property value to benefit from CASATAX when purchasing your primary residence in Geneva has been set at CHF 1,374,396! This entitles you to a CHF 20,616 reduction on transfer duties and a 50% reduction on the creation fees for mortgage notes.”
Pilet & Renaud Transactions SA
? 022 322 92 81
✉️ ventes@pilet-renaud.ch
