Foreigners can buy and legally purchase a property such as a house, but it does not include the land of which it’s constructed upon. However, there is an option of buying properties such as condominiums, given that 40% is owned by you as a foreign individual and 60% of the shares are owned by Filipino nationals under the Philippine Condominium Act.
Foreigners can buy and legally purchase a property such as a house, but it does not include the land of which it’s constructed upon. However, there is an option of buying properties such as condominiums, given that 40% is owned by you as a foreign individual and 60% of the shares are owned by Filipino … Continue reading CAN A FOREIGNER OWN A HOUSE OR A PROPERTY IN THE PHILIPPINES?
