Due to the number of requests which we received from our foreign clients on purchasing the real estate in Ukraine we’ve decided to make a short video on the most vital issues worthy your attention.
First, you must obtain a tax id. Tax ID is close by its legal nature to the social security number in the USA.
Second, bear in mind that you can purchase the flat from the primary housing market only in the local currency, therefore you will need to open a bank account in UAH and in the currency, the transaction will be made.
Another vital issue for you will be to carry thorough due diligence of the potential developer. In particular, you shall check the reputation of the developer and the number of accomplished projects. Сheck if the developer has been recently involved in any disputes or criminal cases.
Apart from the developer, you shall …