Exactly about The purchase of agricultural land in Ukraine

Exactly about The purchase of agricultural land in Ukraine

In November, the Ukrainian parliament adopted with its very first reading a draft bill geared towards getting rid of a moratorium on attempting to sell agricultural land. This can be presently a hot topic in Ukraine. Our Project Manager Nataliya Sjovoll, consequently, asked Dmytro Lyvch from EasyBusiness, that has been earnestly working together with this matter, why it’s important for Ukraine to permit the purchase of agricultural land, and exactly just what international investors should be familiar with.

1. Aside from the economic freedom to landowners, can you point out three major causes why it’s important for Ukraine to permit the purchase of agricultural land?

“Starting through the advantages of farming market reform in Ukraine. First this is the financial impact so it can bring in to the Ukrainian economy. Relating to our latest research in 2019, land reform in Ukraine may bring yet another 85 billion USD of total GDP development in the following 10 years after opening of the liberalized market. This means that the agriculture cost will develop 5 times after ten years, the rent rates will develop aswell, and also the income of Ukrainian landowners and citizens generally afrointroductions com login speaking will develop into the amount of the following ten years following the land market reform. Leer más