Opportunities for Constructor Investors In Ukraine

by Roman Cheplyk
Saturday, February 25, 2023
Opportunities for Constructor Investors In Ukraine

Ukrainian parliament adopted a compensation mechanism for houses destroyed by war

During the year of the war, Ukrainians lost a calm dream and sky, peaceful life and places where everything could be started anew. Russian soldiers constantly destroy the homes of ordinary people. The most affected regions are Donetsk, Kharkiv, Sumy, Chernihiv, Mykolaiv, Kherson, Zaporizhzhya, and Dnepropetrovsk. Some people in a year of the war, in the immediate sense, felt the ground slipping from under.

However, the Ukrainian parliament wants as many Ukrainians as possible to have their land in Ukraine. Therefore, politicians have adopted a law-making facility that records the compensation mechanism for destroyed housing. Deputy Olena Shulyak reported this.

According to the document, the owner of a private house, which was destroyed by the Russian military, has the right to State compensation. It can be 2 types:

  • Purchase of an apartment in a multi-apartment house has already been purchased for housing;
  • Construction or repair of a private house on its territory.

"The option to finance the construction of new housing will only work in the case of private houses. After all, it is impossible to build a separate apartment – it, in any case, will be in a multi-story house," told Olena Shulyak.

The document says that Ukrainian housing will be restored immediately, without waiting for the war's end and reparations from Russia. In order to receive compensation, a person must apply to the administrative service centre, but a notary or social protection office and apply. After the State verifies all data and the fact of the crime, the Ukrainian can choose the option of compensation, the region in which he will buy or build an apartment, type of housing.

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