Business news from Ukraine

FOREIGNERS WHO INVESTED OVER $100,000 WILL HAVE OPPORTUNITY TO APPLY FOR IMMIGRATION PERMIT IN UKRAINE

Foreigners and stateless persons who have invested over $100,000 in enterprises established by them in Ukraine will have the opportunity to apply for an immigration permit in Ukraine.
The relevant resolution was adopted by the Cabinet of Ministers at a meeting on Wednesday without discussion, an Interfax-Ukraine correspondent said.
According to the draft document posted on the government’s website, such investments must be confirmed by a certificate from the bank on the receipt of such an amount to the immigrant’s investment account and its use for foreign investment in the Ukrainian economy. Or a bank certificate on the transfer of such an amount to the current account of the enterprise from the personal foreign account of the immigrant.
In turn, the State Migration Service of Ukraine, in accordance with the document, checks in the bank before making a decision whether these investments have not been returned.
In addition, the government has included persons who have served in the Armed Forces for more than three years in the list of those who are subject to immigration quota and who are eligible to apply for Ukrainian citizenship.

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UKRAINE OFFERS MIGRATION OPPORTUNITY FOR 5,000 IT SPECIALISTS FROM BELARUS

The Cabinet of Ministers of Ukraine has offered 5,000 Belarusian IT specialists an opportunity to migrate to Ukraine, Deputy Prime Minister, Digital Transformation Minister of Ukraine Mykhailo Fedorov said.
“Some 5,000 quotas were distributed among Ukraine’s regions in which there is the largest number of IT companies. Dnipropetrovsk, Odesa and Lviv regions can attract 600 specialists each, Kharkiv region – 700 and Kyiv – 2,500,” the minister said on his Facebook page on Friday.
Recent serious disruptions to the Internet, mobile communication and banking services forced IT companies in Belarus to look for opportunities to move to another country, Fedorov said.
The minister also noted that Ukrainian companies can also offer jobs to such foreigners.
“Immigration within these quotas allows foreign IT specialists to find jobs with the same conditions as Ukrainian citizens,” he said.

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