When buying a house for $15,000, do you need any documents or certificates...?

YES, needed.

In accordance with Article 20 of the Law of Ukraine "On prevention and countermeasures against the legalization (laundering) of proceeds obtained through crime, the financing of terrorism and the financing of the proliferation of weapons of mass destruction", in the case of buying a house (apartment), any person may be required to provide proof of income, if she makes a transfer in the amount from UAH 400,000.

The probability that you will be asked for proof of income increases if:

• the amount is paid in cash;

• the bank does not see your income, salary or it is minimal;

• the transaction amount is significantly different from the amounts you normally deal with.

Examples of documents for proof of income:

• certificate of income;

• a document on registration of inheritance;

• a copy of the real estate purchase agreement;

• a copy of the lease agreement;

• other documents proving that you have received funds