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is Oselya

10/ 01/ 2023
  Author: Oleksandr Chornukha, Attorney at Dynasty Law & Investment On August 2, 2022, the Cabinet of Ministers of Ukraine adopted a Resolution on affordable mortgage lending for citizens of Ukraine. ✅ Who can get this mortgage loan? ➡️ Employees of medical institutions; ➡️ Employees of educational institutions (teachers); ➡️ Scientists and scientific and pedagogical staff; ➡️ Military under contract, SBU, Intelligence, National Guard, Border Guards, and others; 🛑 From January 1, 2023, this list will expand, the following categories will be added: ➡️ Internally displaced persons; ➡️ Citizens of Ukraine who own residential real estate of less than 52.5 square meters per person + 21 square meters per family member; ➡️ War veterans or their family; persons who participated in hostilities; persons who became disabled during the war or their relatives; family members of deceased war veterans. 🔷 The person must also meet the following features: ✅ Citizen of Ukraine; ✅ Age - 18 years old; ✅ Financial basis (ability of the person or the guarantor to repay the mortgage loan in the parts specified in the contract); ✅ A person or family members must not have similar contracts (mortgage lending); ✅ Must have a living space of no more than 52.5 square meters per person + 21 square meters per family member, but this does not apply to housing located in temporarily occupied territory or in the area of hostilities. 📌 Research has shown that with a 3% mortgage for 20 years and with a minimum down payment of 20%, a person without a wife/husband and children can count on a renovated 1-2 room apartment on the secondary market in Kyiv, Odesa and Dnipro.

Author: Oleksandr Chornukha, Attorney at Dynasty Law & Investment

On August 2, 2022, the Cabinet of Ministers of Ukraine adopted a Resolution on affordable mortgage lending for citizens of Ukraine.

✅ Who can get this mortgage loan?

➡️ Employees of medical institutions;

➡️ Employees of educational institutions (teachers);

➡️ Scientists and scientific and pedagogical staff;

➡️ Military under contract, SBU, Intelligence, National Guard, Border Guards, and others;

🛑 From January 1, 2023, this list will expand, the following categories will be added:

➡️ Internally displaced persons;

➡️ Citizens of Ukraine who own residential real estate of less than 52.5 square meters per person + 21 square meters per family member;

➡️ War veterans or their family; persons who participated in hostilities; persons who became disabled during the war or their relatives; family members of deceased war veterans.

🔷 The person must also meet the following features:

✅ Citizen of Ukraine;

✅ Age – 18 years old;

✅ Financial basis (ability of the person or the guarantor to repay the mortgage loan in the parts specified in the contract);

✅ A person or family members must not have similar contracts (mortgage lending);

✅ Must have a living space of no more than 52.5 square meters per person + 21 square meters per family member, but this does not apply to housing located in temporarily occupied territory or in the area of hostilities.

📌 Research has shown that with a 3% mortgage for 20 years and with a minimum down payment of 20%, a person without a wife/husband and children can count on a renovated 1-2 room apartment on the secondary market in Kyiv, Odesa and Dnipro.

This material is provided by a member company or partner organization of the European Business Association as part of an informational collaboration. The Association is not responsible for the accuracy, completeness, or reliability of the information presented. The views, opinions, and recommendations expressed in this material are solely those of the authors and do not reflect the official position of the European Business Association.

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