Intermarium provided full immigration support for a Singaporean investor

Legal assistance for a Singaporean investor in making a foreign investment in one of Ukraine’s largest tourist complexes – “Bukovel” – followed by obtaining an immigration permit and permanent residence.

Background and Project Objectives

A Singaporean national, interested in investment opportunities in Ukraine’s real estate sector, identified tourism as a promising area for long-term investment. Under Ukrainian law, investing at least $100,000 into the country’s economy qualifies a foreign national to apply for an immigration permit and permanent residence.

The key objective of Intermarium’s legal team was to structure the investment transaction, ensure compliance with Ukrainian legal requirements, facilitate the immigration process, and handle all necessary procedures for the investor’s legal status in Ukraine.

Legal Challenges and Key Issues

1. Selection and structuring of the investment property – Conducting due diligence on the real estate, ensuring its acquisition through statutory capital contribution, and confirming the investment’s compliance with legal requirements.
2. Banking and financial aspects – Assisting in opening an investment account, facilitating the international transfer of funds while meeting financial monitoring requirements, and providing documented proof of funds’ legal origin.
3. Compliance with immigration investment criteria – Obtaining official confirmation from the State Migration Service (SMS) of Ukraine that the investor meets the requirements of the Law of Ukraine “On Immigration” and the Law of Ukraine “On the Regime of Foreign Investment”.
4. Liaising with government agencies and financial institutions – Ensuring smooth communication and legal support at all stages of document submission and approval.

Strategy and Implementation

Legal analysis and structuring of the transaction:

✔ Conducted due diligence on the real estate to ensure the transaction’s legal soundness. ✔ Proposed and implemented a legal investment model via capital contribution to a Ukrainian legal entity, fully compliant with statutory requirements. ✔ Designed a corporate structure to optimize the investor’s legal and tax status. Financial and banking support: ✔ Assisted in opening an investment account with an internationally recognized bank operating in Ukraine. ✔ Prepared documentation for the fund transfer into Ukraine, ensuring full compliance with currency control and financial monitoring regulations. ✔ Facilitated communication with the bank to verify the legitimacy of the investment’s origin in accordance with international AML/CFT standards. Immigration legal support: ✔ Prepared and submitted documents to the State Migration Service of Ukraine to officially confirm the investor’s eligibility for an immigration permit. ✔ Secured the immigration permit and legally processed permanent residence status for the investor. ✔ Coordinated communication with migration authorities to ensure full compliance with investment-related immigration requirements.

Results and Legal Impact

• The investor’s legal status in Ukraine was successfully formalized in full compliance with national legislation.

• Complete legal protection of the investment was ensured – the investor’s company gained ownership rights to the real estate, and the investor obtained permanent residency.

• All financial transactions were approved by regulatory authorities, ensuring a smooth cross-border transfer of funds.

• All necessary permits were obtained, from investment classification to permanent residence approval.

Conclusions and Legal Significance of the Case

A foreign investor seeking to obtain permanent residence in Ukraine through investment must follow a clearly defined legal sequence of actions.

1. Purchasing real estate alone does not automatically qualify an investor for immigration status. Only proper documentation and legal structuring of the investment in accordance with the Law of Ukraine “On Immigration”and “On the Regime of Foreign Investment” ensure a successful immigration process.

2. Legal due diligence and full legal support at every stage are crucial for obtaining an immigration permit.

3. Expertise in liaising with government agencies and understanding regulatory requirements is critical for the successful execution of such investment projects.

The Intermarium team provided comprehensive legal support, minimized regulatory risks, and ensured the legal security of the investment, enabling the client to successfully achieve their business and residency objectives in Ukraine.