Author Topic: Purchasing Land in Ukraine  (Read 528 times)

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Offline Kord

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Purchasing Land in Ukraine
« on: 20:12 10-Jul-2021 »
Hi,

Per the subject heading "Purchasing Land in Ukraine"
Stumbled across this article and wondered if any PR holders here have any info on whether this is applicable to us:

https://www.ukrweekly.com/uwwp/ukraines-fertile-farmland-goes-up-for-sale-after-two-decade-moratorium/

The new law is being implemented in stages. Currently, only agricultural land used for harvesting, orchards, pasture and other designated means can be sold between Ukrainians. Only 100 hectares or less can be sold.

Those who have land in Ukraine?s so-called ?sunflower belt? in the central regions where fertile black soil earth is found can expect to fetch up to $2,300-$2,400 per hectare, Mr. Bashlyk said. The average yearly lease rate is about $150 per hectare.

Or around $1,000 USD per acre