How can a foreigner buy an apartment in Odesa? Step-by-step algorithm

How can a foreigner buy an apartment in Odesa? Step-by-step algorithm 16.01.19

In this article, we will detail the process of buying an apartment in new residential complexes in Odesa by foreign citizens and the expenses that arise during the purchase. In the previous article HOW TO BUY AN APARTMENT IN A NEW BUILDING IN ODESA? THE APARTMENT PURCHASE PROCESS — STEP-BY-STEP ALGORITHM we explained the algorithm for buying an apartment in a new building in Odesa. Differences in the purchase scheme begin at the moment of preparing the purchase agreement. Preparing the agreement will require translating the passport into Ukrainian and obtaining a tax identification number in Ukraine.

Translating the passport into Ukrainian and notarizing this translation.

Passport translation in Ukraine is carried out by translation bureaus provided the original passport has a mark of crossing the Ukrainian border. Translation bureaus usually also organize notarization of such translation. Such a procedure takes about 30 minutes and costs around 10 US dollars. A large number of such translation bureaus are concentrated in the central part of the city in the area of Deribasovskaya, Lanzheronovskaya, and Gretskaya streets. How a foreigner can buy an apartment in Odesa 2

Obtaining a tax identification number in Odesa for a foreigner.

There are two ways: submit documents yourself or use a lawyer's service. If doing it yourself:
  1. You need to fill out the Registration Card 1ДР. In it you must also indicate place of birth, place of residence (with postal index), tax number in your country of citizenship. The template can be downloaded from the link http://zakon1.rada.gov.ua/laws/file/text/58/f470724n316.doc To see how to fill it out, refer to the Regulations on the registration of individuals via the link http://zakon1.rada.gov.ua/laws/show/z1306-17/paran7#n7
  2. Personally submit the completed registration card to the tax inspectorate at French Boulevard, 7 during reception hours (Monday and Thursday from 9:30 to 13:00). Additionally submit a copy of the passport and a copy of the notarized translation of the passport into Ukrainian. Have the originals of these documents on hand for presentation.
  3. Within three working days the information will be entered into the register and a tax identification number assigned. This is done free of charge.
  4. Again contact the tax office with your original passport and translation of the passport to obtain a document – certificate of assignment of tax identification number. The certificate is issued free of charge.
For our clients purchasing apartments in new buildings in Odesa we help you go through this path for a symbolic fee. The result will be obtaining a document of the following sample: How a foreigner can buy an apartment in Odesa 3 The second way – to use a lawyer's services. This is especially relevant if your stay in Odesa is limited. For the lawyer to act on your behalf, they need a notarized power of attorney. Such power of attorney can be issued either in Ukraine or abroad. In Ukraine its cost is 15 US dollars. Lawyer's services for obtaining a tax identification number on average cost 50 US dollars.

Opening an investment account.

An investment account is an account with a special mode of operation opened for foreign citizens in Ukrainian banks to make investments and, subsequently

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