Do I need to exchange my local currency into UAH to buy real estate in Ukraine?
Yes, the actual transaction is always carried out in UAH. However, the price is fixed in USD, so Ukrainian hryvnia fluctuations will not affect the final price.
Is it safe to close the deal in Ukrainian currency? Is UAH sustainable to inflation?
We negotiate the price in USD and close the deal in dollars. The actual transaction is made in hryvnia but the price for the property is fixed in USD so any hryvnia fluctuations won’t affect the end price in dollars that the investor pays.
Are property prices stable in Ukraine?
We only deal with premium properties in Ukraine. This is a virtual assurance that regardless of the financial climate and the general state of the Ukrainian economy, the demand for such properties will remain constant. For example, the "Slavutich" luxury apartment complex is a premium waterfront property that overlooks the Dniepr. This property is granted to grow in value by double digits annually.
How much money do I need to start investing?
In our experience, the optimal starter amount to invest in real estate in Ukraine is $85,000. This buys you a prime two-bedroom apt in a well-situated near-luxury apartment house - a perfect beginning of your life as a real estate investor in Ukraine.
What if competitors begin building a more appealing building nearby and my property value drops?
We choose the best projects whose value will only rise once construction is complete. For example, the Slavutych project is essentially a waterfront property. To build anything closer to water and block your amazing view of the Dnieper river is physically impossible
I want to purchase real estate or assets in Ukraine, Kyiv. What should I do?
You send us a request for additional information via chat, email, or message on social media, or provide your contact details via our website.
Our representative will initiate a phone call with you. You will receive an explanation of our unique model, the nature of investments in Kyiv, details of existing projects, a description of the real estate acquisition process and investment viability, initial costs and expected costs. You will be provided with a power of attorney and services agreement drafts for your review and feedback.
What are the first steps to go through to start working with you?
After getting acquainted with the process and the documents you were provided, you will be asked to deposit a setup fee in the amount of $ 750 by credit card or by bank transfer, which includes costs for the set up to acquire real estate in Ukraine. The setup fee is being used for obtaining your tax number, opening a bank account under your name, legal and notary fees and other administrative fees.
You will be requested to provide us certain documents such as your passport, a marriage certificate if married, your spouse’s passport of and other relevant documents.
What happens after payment of $750 and sending of the documents?
Our representative will be in contact with you concerning your budget, needs, requirements, and desires regarding the investment. You will be asked about the location, size and other relevant questions concerning the property you would like to invest in, your budget for design, whether it is a long-term or short-term investment, etc.
The documents you provided us are translated and notarized. If we receive original documents, they will be returned via courier such as DHL.
What are the legal steps that I will to go through with DGY?
You will be asked to sign a power of attorney in front of a notary in your city, providing an attorney(s) located in Kyiv with the ability to sign documents and provide certain instructions on your behalf. You may choose to use independent lawyers that we work with or assign a local lawyer of your choice.
With the power of attorney, your designated lawyer and us will take all needed actions to obtain a tax number and open a bank account under your name. We will provide you with your account’s details and help you download the bank’s application and provide you with a local cell phone SIM (if needed) to use the application.
How do I choose the assets?
Our representative will provide you with a list of the real estate (assets) that match your requirements, and can be reserved for you.