According to immigration law, you can get permanent residency by investing a minimum of $ 100,000 in Ukraine. Foreigners may mistakenly assume that the purchase of real estate in Ukraine is worth more than $ 100,000 will allow them to obtain residency. But it is not correct to consider your purchase as an investment, as it must be for the development of the country. That’s why a simple direct purchase of property that will only make a profit for you won’t work.
T.The trickiest approach would be to receive a temporary residence permit as the founder or co-founder of a company in Ukraine. First of all, you need to appoint a Ukrainian or a foreigner who already has a residence permit as the director of your company until you get a work permit. After registering the company, you will be issued a work permit in 2-3 weeks. With this work permit, the foreigner will be able to receive a D visa at a Ukrainian embassy and enter Ukraine. After entering Ukraine on a D visa, you will be issued with a 3-year temporary residence permit.
After that, the foreigner can open an investment account in a bank in Ukraine and deposit the investment amount there. Then this investment is deposited in the capital of his company and the company can buy an apartment as a real estate investment in Ukraine. After investing the charter capital, the foreigner can start the procedure for obtaining a permanent residence permit based on the investment.
A foreigner must apply to the relevant government agency for permission to immigrate:
- for persons residing outside Ukraine – at the consulate or diplomatic mission of Ukraine abroad at the place of permanent residence;
- for people living in Ukraine – an authorized executive authority on immigration matters in your district.
Practice shows that applying to the Ukrainian consulate or diplomatic mission abroad at the permanent residence is the most demanding and prolonged method, with the most refusals. We advise foreigners wishing to obtain a permanent residence permit based on an investment to do all the procedures in Ukraine, as it is easier and safer. The process is not quick and easy, it takes 7-15 months to receive permanent residency allowed, but following all these steps, accompanied by a competent lawyer, will make everything smooth and conflict-free.
If you are interested in getting a PR card by buying real estate in Ukraine, Contact us, and our legal partners can help you obtain the necessary documents, while at the same time ours Sales group can help your newly established company invest money wisely and securely.