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Buying Property (Real Estate) in Ukraine as a Foreigner

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Text Comments (95)
FireRed (1 month ago)
Is there property tax that you need to pay every year? what if you forget to pay it and are not in ukraine? do they take your property?
Vasa Singh (1 month ago)
thanks for valuable information
XRP (2 months ago)
How do you get money into Ukraine to buy a home ? Which Bank do you trust ?
Olga Reznikova (1 month ago)
any bank, it will be current account, not saving
Prashanth Kumar (2 months ago)
Urs information is very valuable. All the best
Aman Ghosh (2 months ago)
Thank ist very informative thank you
clash for CIVILIZATION (4 months ago)
Excellent
Walter 777 (7 months ago)
Haha all Ukrainian oligarchs buying outside Ukraine . To get some papers in Ukraine it's like to go through hell you have pay so many people's under the table such corrupt country. Even Poroshenko is the most corrupt president in Ukrainian history . I rather buy in Florida or Hawaii why the fuck in Ukraine?
Walter 777 What's the problem?
Tudval Stone (8 months ago)
Poor chasing in Ukraine? Why would a foreigner do that?
Tudval Stone Owh! That's Ukrainian English accent. 😊
Tudval Stone (6 months ago)
Was just an attempt at a joke, since she pronounced closer to 'poor chasing', rather than 'purchasing'.
Tudval Stone Why not? What's wrong with Ukraine?
Sebastian Nordstern (8 months ago)
Hi Olga, thanks for the video its really helpful. I have one question: which type of visa is needed to buy an apartment in Ukraine. Is the 15-day visa I get on arrival to Ukraine enough, or do I need a longer visa to buy it? Thanks in advance
Sebastian Nordstern Same question I'm asking to Olga Reznikova. Answer please.
W.A.R W.A.R (9 months ago)
Thank you....I am brazilian and I want to buy a rural house in Ukraine..What I must do???
piroshok (7 months ago)
Welyson Araújo Rios what you do not have land in ukraine ? ask anyone with ukainian heritage in brazil
Rodney Kincaid (9 months ago)
add me to your list of usa man to come to Ukraine and buy or rent a large BARN or VILLA for 50 feet x 50 feet to paint in Kiev Odessa or coastal cities [email protected] I must have sky lights to out door so I can paint murals
Radio mondiale (1 year ago)
I could buy property in Ukraine and rent it out to people as second source of income while having my primary job.
Oh god that dress. Your husband is very lucky.
MrPara6991 (1 year ago)
Do you need a permanent visa to buy one ?
bigeric12325 (1 year ago)
Could I buy a business like a motel to rent to visitors ? Years ago my brother and I read you cannot buy a business or a home ,you made it clear yes we can buy a home.
Paweł C (1 year ago)
Everything 100% true, but do you really want to deal with all the s**t by yourself? Find yourself a FOREIGN OWNED real estate agency and they will make your life soooo much easier. For Kyiv you're lucky, cause you can deal with an American, my buddy Tim, check out: http://aimrealtykiev.com/
Wayne Arrington (1 year ago)
Hello Olga. I like your videos very much. I have spent altogether over two years in Ukraine and wish to retire there. I wish to purchase a flat/house/dacha....have to look around. My concern is that anyone can go to a notary with forged documents in another region of Ukraine and register documents that THEY have purchased/own my property. I have read that this recently is a big problem. Do you have any suggestions concerning this problem? Has the RADA solved this problem legislatively? Thanks in advance for any help. Keep up the good work.
Wayne Arrington Same question asking to Olga Reznikova. Please answer us.
Mr Crabs (1 year ago)
can a mexican live in Ukraine
piroshok (7 months ago)
Mr Crabs no according to trump not allowed if comes from shithole country
Gregory Thoman (1 year ago)
Mr Crabs LOL Why wouldn't a Mexican be able to live in Ukraine? Sorry, just thought it was a funny question.
Olga Reznikova (1 year ago)
why not?
Mr Crabs (1 year ago)
olga is such an sereotypical name for slavs jaja I like it
Dont Worry (1 year ago)
Olga Reznikova Olga is a beautiful name, more Americans need to use it.
Olga Reznikova (1 year ago)
Yes, Olga is very popular name here
Alex Dixon (1 year ago)
Are property rights protected in Ukraine as they are in the West? Because there is a lot instability and corruption in the country.
Paweł C (1 year ago)
+Alex Dixon Well, big possible profits = big risk! If everything will be fine you can make a fortune on investment in Ukraine! As as said I personally have just one friend who invests in properties and he prefers smaller, but safe profits from Post Soviet Republics that are in EU now. As for no visas for Ukrainians... yeah... I don't like to talk about it cause I am ashamed for EU that we keep Ukrainian hopes up. I see Ukrainian President telling in TV that it's gonna be like "next month" for... 2 years already... The thing is: you can't really solve the problem if you have not diagnosed it properly. You, and everyone else are talking about the conditions that Ukraine has to meet. All the discussion is focused on like it was the question of Ukrainians that matters! The reality that is unspoken of is very different. The dealbraker has little to nothing to do with Ukrainians. The thing is this country is heavily infiltrated by Russian Intelligence on every level and has MILLIONS of people living in it, that are Russian (vel. Soviet really...) but have Ukrainian passport. Sorry, no f**king way EU will let so huge Trojan horse! It was already a big problem with Russian minority in Estonia when they were applying, and the population of the whole country is a few times smaller than Russian population in Ukraine. Don't ask me why we still keep this whole show going on instead of saying the truth aloud... :(
Alex Dixon (1 year ago)
Your probably right Pawel, in the worst case scenario. If Russia did decide to invade on a mass scale that would really be catastrophic. But their politicians apparently talk about such an invasion quite openly and the y try to justify such a plan. Yes, the best way to go is to go through a lawyer, I agree, it's not worth taking any risks with such an investment. But properties in Ukraine are very cheap at the moment. The property prices have been falling since the start of the crisis in 2014 and they are only just recently starting to slowly recover. It will be interesting to see when the property prices see an increase and a boom. I don't see that happening any time soon, but maybe in two or three years time when certain investments and certain reforms are put in place. It will also be interesting to see what happens when Ukrainians are allowed visa free travel to the EU in a couple of months time. I envisage a mass exodus and I'm sure many Ukrainians will start to work illegally in the EU and overstay there. I know the EU has set some conditions to this ruling and that they have stated that they could limit the number of Ukrainians into the EU if things get out of hand or even stop them from entering once again. But either way, I'm sure many Ukrainians will defect if you like to EU countries. It will be interesting to see what effect this potential exodus has on the Ukrainian economy or property market, if any.
Paweł C (1 year ago)
+Alex Dixon Estimated time for Russian forces to reach Lviv (West end of Ukraine) is 72 hours. Does it answer your question about what can happen in 5-6 years? In Ukraine you are not covered by EU law, obviously. Yes, today your ownership is respected. Tomorrow there can be another revolution, fell of the government etc. If you're thinking seriously about investing in property in Ukraine hire local lawyer or, that would be my approach, use real estate agency owned by for example Americans. They can figure out securities for you, as far as I know even sign a contract in US covered by US law. I have one friend that invests in properties, Danish, lives in Lviv. All his apartments are in Latvia, cause it's also very attractive (but not as Ukraine) as Post-Soviet republic, BUT: 100% safe as it's EU (and NATO) state.
Alex Dixon (1 year ago)
The war is in a small part Ukraine in the East. I am talking about by law, will I as a foreigner be fully protected if I owned property in Ukraine? I don't want someone coming to me in 5 or 6 years time claiming the rights to the property that I have purchased. This happened to an acquaintance of mine in Cyprus once. Is owning a property in Ukraine as foolproof as in countries like Poland, Germany and the Netherlands for example?
Paweł C (1 year ago)
Yes, sure, it is protected! Just ask people from Crimea or East of Ukraine... Dude, there's a war in the country, your guess on how it will end is as good anyone else. The risks that you can avoid: buy by American owned real estate agency.
Özgür Seçkiner (1 year ago)
Hi Olga , luckily i found your channel :) Thank you for sharing valuable information. I have a girlfriend in Lviv and we want to live together. I first want to rent a flat and then buy a flat. For renting is this info also valid ? Дякую :)
Olga Reznikova (1 year ago)
Hi! of course! Everyone can rent apartment in Ukraine)
odinn62 (1 year ago)
tips always help lol not bribes
Onetrubrit (1 year ago)
This information is great, thanks.
Erik3E (1 year ago)
Is it possible to buy a property and rent it out if you are a foreigner?
Paweł C (1 year ago)
SURE, a lot of foreigners invest like this. Best option is to buy at great location but in poor shape, renovate it, rent out long-term or airbnb (easy to find a local manager who will take care of it for you, like dispense keys, do the check up after, manage cleaning and maintenance).
cool cat (1 year ago)
I heard about much scum going on in ukrainian real estate business, especially towards foreigners. Never buy real estate without an trustworthy local agent and without all documents and signed official papers
Bob Merrett (1 year ago)
Excellent as ever Olya! So how much would a typical two bedroom apartment cost, best guess will do? Let's say Kiev compared to somewhere else like Poltava.. Ta!
Sahdev Raghuwanshi (1 year ago)
Olga i love your channel. can you suggest which is the best place to buy a apartment and house in Ukraine. and can you tell me what is the average cost of buying 2/3bhk apartment in Ukraine.
George Wines (1 year ago)
Hi Olga, im curious...how much would it cost to buy a house or apt in Lviv in terms of US dollars? Since price can vary with the size of the house and quality, lets say average for both.
atif alatifi (1 year ago)
thanks for good information
Shanks (1 year ago)
Hey Olga I am a Türk do I have chances at getting to know a Ukrainian Woman?
TVN dno (1 month ago)
stop islam
dave watson (2 months ago)
a typical question from a Turk, this video is about properties not a dating site dick head
Gregory Thoman (1 year ago)
Paweł C I really can't figure out what you are talking about.
Paweł C (1 year ago)
Well thank you Captain Obvious! That's why I'm strongly against "vlogers" like this who are pimping them out!!!
Gregory Thoman (1 year ago)
Shanks There is no reason a Turk cannot find a nice Ukrainian girl. It is no more difficult for a Turk than it is for anyone else. It depends on you. Follow Olya's advice!
julien robert (1 year ago)
Thanks Olga, yours advices are very useful :)
niaze tibi (1 year ago)
Are the documents available in English regarding the property registration? can a student purchase a property too? could you  explore the Odesa real estate as Kiev ? Olga your great we love you
amaromem1 (1 year ago)
Deja Vú
literallycaneven (1 year ago)
Olga are there real estate agents you can purchase through like in the USA? I would be uncomfortable buying an apartment if I didn't know the process.
TVN dno (1 month ago)
+Paweł C he speaks Polish, there are no such like Silesia language, only dialect.
Walter 777 (7 months ago)
literallycaneven stay away or be very careful
literallycaneven (1 year ago)
+Paweł C okay, I wanted to make sure you weren't ukranian :)
Paweł C (1 year ago)
+literallycaneven Silesian, why?
Richard Widmark (1 year ago)
I thought I need to put money to Investment Bank in Ukraine to buy apartment/house ? We are not able to bring large amount of cash by Foreign Exchange Management Law. (USD10,000 ?)
Gregory Thoman (1 year ago)
Richard Widmark There are ladies who will take the money and run. Dont be nieve. Not all ladies but enough that it would be very idiotic to risk it.
Richard Widmark (1 year ago)
Oh my God !!!  You insult Ukrainian Ladies !! Political Correction !!!!  Obama !
Gaudente (1 year ago)
are you nuts ? if you send bitcoin to "lady" she will cash them all and run like lightning.... you have to come to Ukraine and open bank account in your name
Richard Widmark (1 year ago)
+Gaudente Procredit Bank is Investment Bank in Ukraine?  I thought it's easy for me to send by bitcoin which is stronger than USD even after FRB increase 0.25
Gaudente (1 year ago)
Procredit Bank will open you a bank account with just a tourist visa . Once the account is open you can wire in any money you wish by swift.
Gary Mcfarlan (1 year ago)
Thanks Olga for doing this and giving basic information and every little bit helps
Olga Reznikova (1 year ago)
you are welcome)
hi olia if a foreigner wants to buy a dacha with garden for growing food and flowers is this classed as agricultural land or private house/ is the tax the same for a house as for apartment. many thanks keep up the good work. from the uk
thank you olia, you give very good and detailed answers, so helpful. cheers
Olga Reznikova (1 year ago)
no, every land for house is not agriculture. Agricultute land it's field, where you grown something (mostly time there works big companies). And if you have just your own garden near house- it's not agriculture land. It's just your garden, even if this is very big garden. Standard size of gardens in Ukrainian village is 0.40 hectares, but can be bigger or less
Yair Bashkanski (1 year ago)
So how long will it take to own a property in Ukraine considering that the property is already empty. Also can you bribe some officials to make the procedure faster?as in my country you can get an answer to visa application faster if you pay twice the price(typical Ukrainian mind haha)
Gregory Thoman (1 year ago)
Yair Bash I would recommend you never try to bribe an official. Especially if you are a foreigner. Ukrainian jails are not pleasant.
Yair Bashkanski (1 year ago)
Well i mean don't you have a local site where you sell apartments there?he has to sign the papers that he is giving ownership of his property so I sure will see him at least once. If you have a big local site where people put their property on sale there i would appreciate it as i've seen prices on sites written in English and comparing the prices you showed us in the other video from the newspaper it seems like they want to scam foreigners
Olga Reznikova (1 year ago)
Usually when the owner put his land or house for sale, he don't know who will buy it. Buyt he already post a price. Os how he can scam you? It's not true that noone speak Russian in Lviv)) Alot of people speak ther) But actually the fairitale about hurting Russian speaking people is just case from 1920th, when Ukrainian nationalist on the West of Ukraine was fighted for independance of Ukraine and didn't want to join to USSR, and pople who speak Russian, they were Soviet soldiers. And this is why people in the West Ukraine determine Ukrainians and Soviet solders and can kill Russian speaking person. But now it just doesn't make sense. Don't listen this fairytale)
Yair Bashkanski (1 year ago)
Also are prices negotiable?I mean the owner asks a specific price can you lower it or what I mean is, will the owner try to scam us because we are foreigners?also I'd like to ask if there are cities who dislike russians and won't speak with you russian only Ukrainian as my friend who is from Lviv told me that no one speaks russain in Lviv.(don't know if real or not though)
Olga Reznikova (1 year ago)
registration of property takes a few days, becaus enotary check if there is no problem with property, it's not arrested or something else. What the reason for bribe if you go to notary office and he register the property for you? Maybe if you want she register you property right now and leave other deals, y7ou can pay the notary double price and she register it just right now with you in his office))) Because I don't see the other reason to pay pribe for someone..
norsch (1 year ago)
I am glad you changed the video, it had me confused because I was sure that we can buy a house, but not agricultural land. If I want to buy a house in a village that has a very large garden is this classed as agricultural land? If it is can I get it reclassified?
Olga Reznikova (1 year ago)
Is the land agriculture or not depends from general definition of this land, not from size. But currently now nobady can buy agriculture land in Ukraine, even Ukrainians))
nachoboy43 (1 year ago)
olga, have you ever been in a relationship with a foreign man?
Olga Reznikova (1 year ago)
no, but my sister was)
hagiospneuma23 (1 year ago)
Very interesting how different things work there compared to here in the USA. Thank you for sharing this video

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