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Articles Published by Ackermann, Goltsblat & Partners


Ukraine: New Restrictions on the Duration of the Foreigner’s Stay in Ukraine

On May 15, 2009 the new rules governing the entry and duration of stay by foreigners in Ukraine were introduced by the Cabinet of Ministers of Ukraine. The new rules limit the short-term stays to 90 days within the 180-day period from the date of first entry for citizens of visa-free countries and citizens of WTO member countries: this ends the privileged 180-day stay regime that existed for such foreigners in Ukraine before.

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National Bank of Ukraine Abolishes Limitations on Interest Rates for Foreign Loans

In the last days of September 2008 and in an effort to address the turmoil in the global financial markets, the National Bank of Ukraine amended its Regulation No. 363 establishing interest rate limitations for foreign loans provided to Ukrainian residents which was in place since August 2004.

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