“I’m getting used to it,” said Ms. Jaresko, 53, who restructured Ukraine’s finances in 2016 as that country’s finance minister and now is looking to do the same in Puerto Rico. Permanent residency can be obtained in Cyprus through investing €300,000 in real estate. The growth of investment from the Netherlands and Switzerland mostly reflects the reinvestment of Ukrainian and Russian capital. Moreover, the investment must be in a foreign convertible currency. 4 Important Features to Consider When Buying Your Dream Home, How to Rent Long-term Apartments in Kiev, Ukraine, How to Obtain Temporary Residence Permit for Ukraine. Prime Minister of Ukraine Denys Shmyhal and Vice-President of the European Investment Bank (EIB) Teresa Czerwińska during a meeting discussed the financing of joint investment projects and the expansion of cooperation through new programs. 2020-11-27. The funds contributed by the company’s founder as an investment can be used by the company without any restrictions, including, for example, the purchase of real estate. This gives the right to temporarily reside in Ukraine for up to one year with the possibility of annual prolongation. This page provides forecast and historical data, charts, statistics, news and updates for Ukraine Investment. The Law of Ukraine On Immigration clearly provides the possibility of obtaining a permanent residency in Ukraine on the basis of making an investment of at least 100,000 U.S. dollars or their equivalent into the economy of Ukraine. Citizenship by investment (CBI) – $5bn /yr Golden Visa Residence – $12bn /yr There are mainly two routes, one is residency (Golden visas) and other is instant citizenship … 2020-11-24. The Draft Law was proposed by the President of Ukraine as part of his investment promotion agenda and is aimed at enabling state support for major investments in Ukraine. Ukraine: Investment Harbor in the Time of Change. Banks and industrial companies were considering offers for investment… Heck, if you have a business that generates a significant profit now, you and your friends could each own a piece of the business and qualify. The Paraguay Residency by Investment Program is the fastest and most straightforward South American immigration solution. However, over time it will be possible to change the ownership of the housing. Success stories Les entreprises françaises en Ukraine. Acquired housing at the expense of the company can be used as one sees fit, whether living in or leasing out to others. This entitles the person to the same rights as a Ukrainian citizen, except the right to vote. If such an investment is completed for the sole purpose of obtaining a permanent resident card (not for the purpose of doing business), then it is possible to liquidate the company after receiving the permanent resident card. Ukraine offers permanent residency through investment to all foreign nationals and their families (spouse and children below 18). Editorial Team May 14, 2020 Immigration, Law. Investment for Ukraine from State Statistics Service of Ukraine for the National Accounts release. The conditions and grounds for becoming a citizen of Ukraine are exhaustively envisaged by the Law on Citizenship of Ukraine. 3. Economic citizenship is essentially the same thing as citizenship by investment. These currencies include US dollar; Australian, Canadian, Hong Kong, Singapore dollars; euro; pound sterling; Swiss franc; Danish, Norwegian and Czech koruna; Polish zloty; Japanese yen; Chinese yuan; Korean won; as well as precious metals. For a foreign investment to be considered a contribution to the economy of the state that allows the right to receive a Ukrainian residence permit, it must meet certain requirements, as seen below: 1. 5. Funds equivalent to at least US$100,000 can be invested in 2 ways: 1) via cash at the bank’s cash desk if the foreigner declared these funds at the border; 2) via bank transfer from the private account of the investor (founder) to the account of the company. The best way to do this is to open a company that will not only bring profit to its owner, but also boost the economy of the Ukrainian state at the same time. Applicants can apply for citizenship by increasing this to €3 million. Submit documents to obtain a permanent resident card in Ukraine on the basis of foreign investment. In addition, the following documents may be needed: police clearance, residence certificate, and medical certificates. A quick purchase of real estate will help to protect your funds from further devaluation. If you plan to buy housing at the expense of the company, it is necessary to include operations with real estate among the activities of the company. * We will get back to you shortly after receiving your inquiry. Please be informed that our office will be closed on the 6th-7th of January due to the Orthodox Christmas holidays in Ukraine. 5, Kiev, 01033, Ukraine, Copyright © 2021 Invitation in UA | All Rights Reserved. In addition, to manage the company, a non-resident-founder must either appoint a Ukrainian director, who will be paid a minimum monthly salary, or get a work permit in Ukraine and become a director of his company, or if the investment amount is more than $ 100 thousand USA, get a permanent residence permit and then become a director of his company. An investment in the form of property cannot be used to obtain a permanent resident card. This requires a total investment of around €1.2 million. 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