Filipinos & Former Filipino Citizens (Balikbayans) & OFW

Filipinos & Former Filipino Citizens (Balikbayans) & OFW Former natural-born Filipinos who are now naturalized citizens of another country can buy and register land in the Philippines under their own name but limited in land area. However, those who avail of the Dual Citizenship Law in the Philippines can buy as much as any other Filipino …

Filipinos & Former Filipino Citizens (Balikbayans) & OFW Read More »

Former Natural-born Philippine Citizen now Naturalized American Citizen

Former Natural-born Philippine Citizen now Naturalized American Citizen Any natural-born Philippine citizen who has lost his Philippine citizenship may still own private land in the Philippines up to a maximum area of 5,000 square meters in the case of rural land. In the case of married couples, the total area that both couples are allowed …

Former Natural-born Philippine Citizen now Naturalized American Citizen Read More »

Foreigners Owning Condominiums & Townhouses in the Philippines

Foreigners Owning Condominiums & Townhouses in the Philippines The Condominium Act of the Philippines, R.A. 4726, expressly allows foreigners to acquire condominium units and shares in condominium corporations up to not more than 40% of the total and outstanding capital stock of a Filipino owned or controlled condominium corporation. However, there are a very few …

Foreigners Owning Condominiums & Townhouses in the Philippines Read More »

Foreigners Leasing Bohol Real Estate Property

Foreigners Leasing Of Philippine Real Estate Property Leasing land in the Philippines on a long term basis is an option for foreigners or foreign corporations with more than 40 percent foreign equity. Under the Investor’s Lease Act of the Philippines a foreign national and or corporation may enter into a lease agreement with Filipino landowners …

Foreigners Leasing Bohol Real Estate Property Read More »

Foreigner Ownership as a Philippine Corporation

Foreigner Ownership as a Philippine Corporation Foreign nationals or corporations may completely own a condominium or townhouse in the Philippines. To take ownership of a private land, residential house and lot, and commercial building and lot foreigners may set up a Philippine corporation in the Philippines. This means that the corporation owning the land has …

Foreigner Ownership as a Philippine Corporation Read More »

The procedure for buying real estate in the Philippines

Foreigners (non-Filipinos not including former Filipinos) can not buy property outright. The easiest way for a non-Filipino to buy property is to have a Filipino spouse purchase the land. Former Filipinos can buy land up to a certain amount. The foreigner can own the building but not the land, unless the foreigner has a Philippine …

The procedure for buying real estate in the Philippines Read More »

Foreigner Land Ownership and Acquisition

Foreigner Ownership of Land in the Philippines: Ownership of land in the Philippines is highly-regulated with land ownership reserved for persons or entities considered Philippine nationals or Filipino citizens. For this purpose, a corporation owned 60% by Filipino citizens is treated as a Philippine National. Foreigners interested in acquiring land or real property through aggressive …

Foreigner Land Ownership and Acquisition Read More »