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The procedure for buying real estate by foreigners in Ukraine

08.01.2023
The procedure for buying real estate by foreigners in Ukraine

At the moment, the most interesting object for investment in Ukraine is the land. This is understood not only Ukrainian, but also foreign investors. The main guideline for making a decision on investing in the draft funds is to assess the probabilities of the income brought by him.

In addition, there are now organizations such as the banking exchange exchange. Thanks to them, you can buy collateral property on ZALOG.UUB and thereby invest in real estate.

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On the territory of Ukraine, the average payback period of real estate is from two and a half to five years, in other words, the rate of profitability is 20-40% per annum.

The subjects of ownership may become other countries, their legal entities, international organizations, joint enterprises, stateless persons and citizens of other states.

In accordance with the second part 81 of the article of the Land Code of Ukraine, stateless persons and foreign citizens can buy ownership of the land for non -agricultural purposes.

Thus, it turns out that stateless persons and foreign citizens have the right to acquire a plot of land with non -agricultural importance and which will be within the village.

Persons who do not have citizenship, as well as foreign citizens can acquire ownership of the land in the event that:

– purchase under a contract of sale, exchange, gift, as well as other civil law agreements;

– acquisition of land plots on which are real estate objects that belong to them on the right of ownership;

– the adoption of the inheritance (and the land having an agricultural appointment, which was inherited by foreign persons, as well as persons who do not have citizenship, may be subject to alienation throughout the year).

In order to make a purchase of real estate in Ukraine, a foreign citizen needs to have a passport with him, in addition to the availability of material funds, and a document confirming the legality of his location in Ukraine.

In order to draw up a contract of sale and sale to the buyer and seller of real estate, you must have an identification number with him.

A foreign citizen can easily receive this identification number in any of the state tax inspectorates of Ukraine, however, this must be done in advance, since this certificate is issued only a week after all the necessary documents are brought.

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