Ukraine citizenship by investment

Investments in the economy of Ukraine is granted the right to immigrate.

Immigration (lat. immigro — "dwell", "enter") — the entry of citizens of other States in the country on a long-term stay or permanent residence.

For such categories of immigrants who have made a foreign investment into the economy of Ukraine foreign convertible currency amounting to not less than 100 (one hundred) thousand US dollars, registered in the procedure established by the Cabinet of Ministers of Ukraine, formed the immigration Quota.

The immigration quota in Ukraine is a limit to the number of foreigners and persons without citizenship, which provides grant immigration permit during a calendar year. The immigration quota established by the Cabinet of Ministers of Ukraine in the manner specified by the. The immigration quota is formed by categories of immigrants and on a regional basis (given the current demographic situation) in accordance with the proposals of Central and local Executive authorities submitted to the State migration service of Ukraine.

Suggestions of GMS of Ukraine about establishment of the immigration quota for the following calendar year in respect of persons who have made a foreign investment into economy of Ukraine foreign convertible currency amounting to not less than 100 thousand U.S. dollars makes the Ministry of the economy together with regional and Kyiv city state administrations.

In the presence of investment foreigner can obtain an immigration Permit —a decision giving the right to foreigners and stateless persons on immigration.

To obtain permission to immigrate a foreigner or a stateless person submits an Application for granting of an immigration permit.

The duration of the Application Not exceeding one year from the date of Application.

Grounds for refusal to grant immigration permits:

-persons convicted to deprivation of liberty for a term exceeding one year for committing an act which according to the law of Ukraine admits a crime, if the record is not canceled and removed in the manner prescribed by law;

-persons who have committed a crime against peace, a war crime or a crime against humanity as defined in international law, or are wanted in connection with the Commission of an act which according to the law of Ukraine recognizes the serious offence, or against whom a criminal case, if a preliminary investigation is not over;

-the persons ill with chronic alcoholism, toxicomania, drug addiction or infectious diseases the list of which is determined by the Central Executive authority on health issues;

-patients who in the applications for granting immigration permit has to be pointed out deliberately false information or submitted falsified documents;

-persons who under the law are denied entry to the territory of Ukraine;

-in other cases stipulated by laws of Ukraine.

After receiving the residence permit the permanent and continuous residence in Ukraine for 5 years it is possible to obtain Ukrainian citizenship.

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