On January 13, the government issued a decision simplifying the procedure for granting immigration permits to foreign investors. It is enough to simply confirm the transfer of own funds to the company in Ukraine.
In particular, the relevant application can be submitted to the Migration Service of Ukraine on the basis of documents confirming the transfer of the investor’s own funds in foreign currency to the current account of the enterprise created by him in Ukraine.
Previously, foreign investors who expressed a desire to immigrate to Ukraine had to first transfer funds to an investment account in a Ukrainian bank, and then from there – to the account of their own company.
“It should be noted that the previous rule is not repealed, and foreign investors can use any of the available options,” said the website of the Ministry of Internal Affairs of Ukraine.
According to the Law of Ukraine “On Immigration”, an immigration permit is issued to persons who have made a foreign investment in the economy of Ukraine in a foreign convertible currency in the amount of not less than 100 (one hundred) thousand US dollars.
Translation: Ann Loboda