And when she passes away ?
MIL is in her young 50's. Not planning for death but in the event of a death, property gets transferred to the nearest qualifying relative. In the even my wife is an American citizen and doesn't qualify owning land, the land will go to one of her aunts. The government is not supposed to take it. My wife trusts her family to give what is hers back.
If the property is a flat or a house without land, my wife can inherit even if she's an American citizen at the time but if we invest that way, we could put our names on it from the beginning or at least be co owners if my MIL invests some of her money in the same property.
My wife and MIL are not real estate experts but my MIL has a friend who works in that department and that is where she gets her information from. I hope it never comes down to inheritance to sort things out. Our plan to invest would be to get in when it's cheap and to get out when it's profitable. Nothing long term but we understand Putin influences what happens over there.
I would think it better to put into your wife's name in case something happens like ML says. More paperwork involved and according to my wife it can be convoluted and a pita in Ukraine...
Your wife is right there is a lot of BS going on in Ukraine pertaining to things like this. There can be lots of risk and headaches. The problem with countries like Ukraine is laws can change often, especially when government changes. What is legal for an American citizen to own in Ukraine now may not be legal next year. It may be better just to put everything in my MIL's name and risk the paperwork if she passes away early than to put things in my wife's name and redo the paperwork when she becomes an American citizen or if the government changes laws.