Re: Ukraine Properties


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Posted by mseidner on October 08, 2005 at 12:50:19:

In Reply to: Ukraine Properties posted by Ricco on October 08, 2005 at 12:06:09:

mortgages are bad ideas here, the interest rates are huge almost 20%!! To open a bank account you just need your passport and a "Tax ID", which you have to get here in Ukraine. Tax and other implications are huge, and change frequently, at the moment I think you only pay a 2% tax on purchase, but maybe this has changed, there was a law that required the seller to pay a 13% tax, but that was repealed and maybe will return on Jan 1, no one knows. Big problem is when you sell trying to take mnoney out


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