The purchase law of a real estate in Crimea by foreign citizens
The purchasing of a real estate property right (except for the ground) by foreigners in Ukraine is regulated by the Property Law of Ukraine. The subjects of the property right can be other states, their legal entities, joint ventures, international organizations, citizens of other states and persons without citizenship. Further it goes about the property right which concerns exclusively real estate (apartments, houses, garages) and does not spread on the ground. A person who wants to get a real estate on the southern coast of Crimea, besides material means, has to have a passport and an acknowledgement of his legal staying in Ukraine. Any additional documents, including the income statement, it is not required. It is permitted to consolidate the properties of citizens, legal entities and states, and to establish on this basis the mixed patterns of ownership, including properties of joint ventures with participation of legal entities and citizens of other states. It means that any real estate can be bought for two, three, etc. persons. The equal conditions of realization of the rights are provided for all proprietors.
The citizens of other states, similarly to the citizens of Ukraine, do not have any restrictions in the further realization of their property right. According to the foregoing Law a proprietor uses and disposes his property at his own discretion irrespective of his citizenship. The right of the further sale of the real estate is comprehended by the concept of "disposition". Disposition it is necessary to understand as an opportunity of the proprietor to define legal destiny of his property, including the opportunity to alienate it (to sell, to give, to change etc.) or temporarily to stop realization of competences on possession and using (letting, on storage) as it is declared and guaranteed by the law. The legislation creates equal conditions of realization and protection of the property right for all proprietors. Therefore all proprietors, irrespective of their citizenship, act at the basis of the sole norms regulating the relations of the property.