The prime time to get your footprint into this developing market may be now or never! However, there are some things you should know before making that decision: while it might look like an easy opportunity with plenty of opportunities awaiting at every turn. Don't let yourself become complacent because they won’t last forever. When times slow down — as everyone knows, these types of deals come back even stronger than ever before so prepare accordingly by watching out for any potential obstacles on your path forward.
- If you hope to expand your venture by investing in Ukraine's property sales, you're in the right place. Well, we at GT Invest would like to recommend this as your new business concept for the right reasons as outlined.
- Property in Ukraine for sale has high yields based on projections by the trusted Global Property Guide. Relying on our expert opinion and insight, you will be able to acquire property in Kyiv, Ukraine, with yields of up to 10,2%. Flat at 18%, the generally fair taxes for rental income can be seen as an incentive to venture into the Ukrainian property sale market.
- The cost of acquiring a new Ukrainian property is low, with roundtrip costs going as low as 5% of the property's total value.
- GT Invest recommends that foreign citizens acquire property in Ukraine through a rental business venture because Ukraine's tenancy laws are pro-landlord.
- Despite Covid-19 forcing a dip in economies worldwide, the International Monetary Fund projects the Ukrainian economy to shoot up by 3,6% in 2021.
You can choose a legal entity that's appropriate for you, even if registered in your home country. It might be important not just because of laws but also what type will allow foreign citizens and how much they're willing to invest in property.