How to buy real estate in Ukraine?

What tax fees you should to pay and what documents you need to have to buy real estate in Ukraine. How to prepare before buying real estate in Ukraine?

The regulations are the same as for native Ukrainian.

To purchase as a foreigner, the regulations are the same as a native Ukrainian. You will need to have a passport and a tax identification number. If you don't have the tax number, you need to translate your passport in any translation agency and apply for the tax number at a tax administration.

If you decide to sell your property and you have owned it more than 3 years, there are no additional expenses, except for a 1% state tax and payment for the notary services ($ 100−200). However, if you sell a second property within the same year or you sell the property you have owned less than 3 years, there is a 18% income tax for you as a non-resident.

Are legal contracts drafted by lawyers?

As for the lawyer, there is no cost as usually a standard notarized form is used. There will be a fee for the notary (about $ 200-$ 300), which is usually split between the buyer and the seller and a 1% Pension Fund tax.

What commissions are paid when purchasing a property?

For commission, it is 3-5% depending on the property price, class and other indicators

Do you also assist with obtaining a personal tax ID?

Yes, we help with getting personal tax ID

What do I need to buy property in Ukraine?

To buy property in Ukraine as a private individual, a personal tax ID number must be obtained. In addition, there are other ways to purchase property, such as through the statutory fund of a legal entity or elsewhere. If there’s a decision to explore different options, we can arrange a professional legal service for you from our partner legal company. This is an additional legal service that will have to be paid for.

Are you required to pay any taxes on foreign funds transferred to Ukraine? Any other restrictions or limitations?

We have strict foreign currency regulations in Ukraine. Before making any transaction, it is highly recommended that you consult a financial or legal advisor. As a real estate company, professional advice on this matter cannot be provided by our company, but our legal partner is available to administer the proper services to minimize expenses during the transaction.

How to prepare before buying real estate in Ukraine?

First, determine the purpose of your future investment. You will live here, rent out or resell? Second, determine the approximate size of investment. Third, compare prices in different locations and check out a rent market prices. Fourth, read more information about procedure of buying on different blogs or public pages.

Or simply connect with us and we will make for you a full support, and find the best options!

phone: +38 (063) 849 29 42
mail: a.sharshakow@gmail.com

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