Reasons why American citizens buy real estate in Ukraine
Many people often think about investing and ask questions Where? How? When? Invest.
Many people choose Ukraine due to factors one of which is a low property tax. The tax is about $ 2 per square meter per year. For example, in the United States, the tax is 1-2% of the value of the house. That is, when buying a home, a person can save $ 3,000 per year. We also want to remind you of the payments that are made for land, house maintenance, etc., which will have to be paid annually, according to estimates, the average cost of payments that every American pays for the maintenance of his home is about $ 4,000 per year.
Another reason why many people choose to buy housing in Ukraine is the availability of property for a fairly low price where you can come and not think about renting. Also, this apartment can be rented out that will bring a monthly profit. We would like to note that there are no problems with renting out housing in Ukraine, though tourist activity and the demand of Ukrainians themselves for rental housing. On average, in 10 years you will be able to rent the cost of your apartment, renting it out at 10% per annum, which is impossible in other capitals of Europe and even the World.
Another great advantage of buying a home in Ukraine is that you can get a residence permit by investing only $ 100,000 in the economy. That is, when buying an apartment for $ 100,000, you will receive a residence permit as a bonus. Dual citizenship is prohibited in Ukraine, but still, there are precedents, and it reassures: to have a second country in which you can always legally stay.
Another reason for buying a home is old age. Many people know that the states have good salaries and pension systems, but we also want to remind you about taxes and the cost of living. If in the USA it is very difficult to live on $ 500, then in Ukraine this money, if you have your own home, will be enough to pay for groceries, utility bills, and entertainment. Of course, with more spending, the level of comfort will be greater.
To summarize, many people like the spirit of freedom and personal responsibility inherent in Ukrainian culture. People here are realists, with real problems, they respect the views of everyone and do not try to impose their own on anyone. I also like the traditional family values inherent in Ukrainians, which are rapidly disappearing in the West. For example, Ukrainians are committed to helping to look after grandchildren, and to give children a base to enter adulthood. Also, Ukraine is very diverse. So in the summer, there is an opportunity to go to the Black Sea, and in the winter to go skiing in the Ukrainian Carpathians. There are many sights in Ukraine, some under the protection of UNESCO, this is due to the location of Ukraine at the junction of several cultures and the desire of many to seize a tidbit of land.
Indeed, it is very pleasant when recently many Americans come to Kyiv and understand that living in Kyiv is much more profitable, more convenient, and more pleasant than in some cities of the United States of America. This trend can be traced to the number of foreigners, and this is also confirmed by realtors.
You should not abstain. Worth buying. Because if you compare the prices for real estate in Kyiv, which were before the advent of independence on the Maidan in Kyiv, namely in 2013, you will see that the prices were much higher than they are now. Therefore, if you have money, you better buy. And if you need a lawyer, you can contact our specialists directly. At the same time, when many Ukrainians are moving to the United States, Americans are moving to Ukraine, and this is a trend for the coming years. For more than 10 years, our company has been accompanying foreigners in Ukraine, scaling the business, migrating nomadic entrepreneurs, we assist in processing documents for real estate, immigration, and residence permits.