Why Invest?

There are many reasons to invest in Ukraine; the nation is strategically located bridging the divide between the Commonwealth of Independent States, Eastern Europe and the European Union, it has a population of fifty million citizens eager and willing to work, to learn, to spend and to embrace capitalism, the country is independent, economically stable, labour resources are strong, economical and qualified and there is a housing deficit.

[ More Info ]

Market Report

Our forecast is that the commercial and residential property in Ukraine is booming and so the prices of the property market will increase.

[ More Info ]

Economic Overview

Ukraine represents one of top thirty world economies, with below average per capita income, and above average economic growth. The average nominal salary in Ukraine on November 2006 was 1103.9 UAH, which is around 170 EUR, according to the Ministry of Economy of Ukraine. For 2006, the Index of Economic Freedom of Ukraine was 3.24, rank 99 amongst 157 states.

[ More Info ]

Visa/Residency Issues

Every person entering Ukraine must have a valid Visa issued by the Ukrainian Embassy or the Consulate office in the country of the traveler's residency or origin. A Ukrainian visa for entering the country is required for citizens of most countries. No visas are required for citizens of Romania, Hungary, Poland, Mongolia, Serbia and Montenegro, and some countries of the Commonwealth of Independent States. Note that the Ukrainian Government doesn't issue visas at the time of entry into Ukraine. One should obtain a visa in advance, before traveling. If you are transiting the country, without staying there, a visa is also required.

There are several types of visas one can apply for. Visa holds information on type, term of validity and usually reflects your itinerary (travel plans) in Ukraine, which is based on application and visa supporting documents you provide the Consulate with.

[ More Info ]

Getting to Ukraine

An approximate flight time to Kiev from London is 3.5 hours. The main international airport in Kiev is Borispil, located 38km east of the city. From the UK, British Airways from London Heathrow, and Ukraine International Airlines from London Gatwick, operate non-stop flights to Kiev.

 [ More Info ]

Fees & Taxes

• When buying real estate a 1% tax is paid on the sales amount and another 1% is paid to the Ukraine Pension Fund. Buyers and sellers settle on who is to pay these fees and state this in the sales agreement. Real estate agencies typically charge 3-5% of the property price for their services. Finally, buyers may buy an insurance policy on the property for 1% from their real estate agency.

Ukraine

Basic Information

Ukraine Overview

Ukraine is a country in Eastern Europe. It borders Russia to the north-east, Belarus to the north, Poland, Slovakia and Hungary to the west, Romania and Moldova to the south-west, and the Black Sea and Sea of Azov to the south. The historic city of Kiev (Kyiv) is the country's capital. 

Average Property Prices

Coming soon......

Buying Process

Any foreigner may purchase real estate in Ukraine regardless of residential status or visa type. Foreigners may buy any real estate other than non-privatized property and agricultural lands, however, almost all foreign investors are interested in residential real estate. Just a few documents are needed to transfer residential property in Ukraine:

• Passport
• Ukraine taxpayer identification code certificate
• If buyer is married and comes to Ukraine without his or her spouse: copy of marriage certificate, copy of spouse's passport, and notarized copy of spouse's consent to buy property in Ukraine
• Ukrainian property can be bought through some real estate agencies without the buyer's physical presence.