5 Ways To Own Property in The Philippines as a Foreigner - A How To Guide

The Philippines is one of the fastest growing real estate markets in the entirety Southeast Asia. So whether you’re looking to invest or just establish your second home, there is virtually no downside to owning your own piece of property here. That being said, we’re going to reveal 5 ways to own real estate in the Philippines as a foreigner. Enjoy!
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Timestamps:
0:00 5 Ways To Own Property in The Philippines as a Foreigner - A How To Guide
0:36 Are Foreigners Allowed To Own Land in The Philippines?
1:13 Acquisition #1: Married to a Filipino Citizen
3:09 Acquisition #2: Purchase by a Corporation
5:10 Acquisition #3: Foreigner who was a Natural Born Filipino
7:40 Acquisition #4: Acquired by Hereditary Succession
8:26 Acquisition #5: Purchasing a Condominium
9:45 Can Foreigners w/ an SRRV Visa Own Land?
11:49 God Bless
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Tags:
Owning Property in The Philippines, Owning Real Estate in The Philippines, Buying Real Estate in The Philippines, Philippine Property Laws, Real Estate Investing, Philippine Property, Real Estate, Philippines,
"For I am convinced that neither death nor life, neither angels nor demons,[a] neither the present nor the future, nor any powers, neither height nor depth, nor anything else in all creation, will be able to separate us from the love of God that is in Christ Jesus our Lord."
Romans 8:38-39

[@TheSavvyExpat]

If you were to build a house or a buy a condo in the Philippines, where would you buy and why? Comment down below! Savvy Guides - FULL Guide on BGC, Philippines www.thesavvyexpat.com/

[@hankking4878]

If it were my own beach paradise I would pick the East Coast of Mindanao. Beautiful virgin beaches with beautiful Filipino people. If it were for investment I would pick the major cities or the resort towns. Although they are overcrowded and not the real Philippines. Targatay, Cebu, Manila, Angeles, Boracay.

[@newtoie]

Build in Tagaytay buy condo in Greenbelt not BGC . BGC is for new $$ Greenbelt is for old $$

[@hankking4878]

@@newtoie I was thinking about buying an older condominium and seeing if it could cash flow. Do you think it would cash flow for investment?

[@ShinLeeChan]

What about a company with 40% 30% 30%? The expat would keep control over the company at least so nobody else can take decisions without the majority approval. Isn't true? Do I need a company to own more condos?

[@williamham6618]

I don't understand this rule that foreigners can not own landed property in the Philippines I know several Philippine nationals who have bought a house with land here in the UK so why are we not permitted to reciprocate maybe it's time we all only allowed natural born nationals to only be permitted to buy here too

[@alexmagee7596]

Dear Savvy Expat, one way to maintain control over a real estate transaction -though not ownership, is with a "sale-leaseback." contract. If a foreigner expat wanted to build a new home for their Philippine spouse -for example- what the expat could do is provide the funds for the purchase and put the title to the property in the name of the Philippine spouse -as you mentioned- but then, lease back the property from their Philippine spouse for one peso. The sale and leaseback are two sections of the same contract and are executed at the same time. Philippine law permits long-term leases of property, up to 50 years, with a one time option of renewal, for an additional 25 years. (Which is likely to outlive the foreigner expat.) The foreigner expat gives up ownership to their Philippine spouse but, that doesn't necessarily matter so long as the expat can maintain control over the property for the rest of their life. -So that the expat always has a home in their old age, in the event of a divorce for example. (All though there is no divorce in the Philippines, it is certainly possible that the Philippine spouse could seek a divorce in the expats home country. Citizenship and/or residency in the expats home country is often not required. The Philippine spouse just needs to hire a lawyer in the expats home country and a process server in the Philippines -for the expat to get a rude awakening. The sale-leaseback contract can contain provisions to restrict or prohibit any rights held by the Philippine property owner, such as the right to sell or lease the property, the right to mortgage the property, the right to will or transfer ownership of the property, or the right to exclude/include others from the use of the property -such a children or parents, so that not everyone moves in and, that others always have a home. And so on... You could even include a sale-leaseback contract (for the provision of a family home) as part of prenuptial agreement. Prenups are legal in the Philippines. Though some people may not find them romantic, prenups can be important not just to protect assets but also for the provision of care for children and for ageing parents. You don't always need to own the property but, sometimes you really need to be able to control it. -Yeah, I went to law school. Sue me.

[@johnclark7973]

🤣 Brilliant. And where do I send your retainer... 😉😎👍

[@dochi1958]

Filipino courts will NOT recognize 'token' one peso type leases. They are seen as the shams they are. Only market value lease payments. (though nothing to stop the spouse from passing the money back under the table) And yes, you should be sued for malpractice.

[@tomnasset18]

I saw somewhere that lease contracts with a spouse become non-enforceable once people become married, is this not the case?

[@JNTimperley]

😅😮

[@magic0423]

You missed 1 important option, leasing the land. For example, you have land for sale. As a foreigner I can lease the land from you for 25 or 50 years for the amount you are selling the land. That gives me control of the land for that period of time. I can then build on that land, etc. A long term lease is a very legitimate way to control property without actual ownership.

[@realfamilyman]

Except I've heard the owner can cancel the lease, kick you off, and steal the improvements.

[@meguillozebern8806]

@@realfamilyman not if you have signed contracts though.. it would lead into a lawsuit if that would happen

[@realfamilyman]

@@meguillozebern8806 Even with a contract, many times I've seen what SHOULD happen "legally" rarely does. Some scumbag does the wrong thing and you have to fight and spend tens of thousands with lawyers to get a fraction back of what's yours, and that's only if you get a judge who will side with you over his own countrymen. But I can't imagine many people leasing 25+ years without a contract. I guess it's possible though considering how many simps there are. i.e. Plenty of men salivate over the exact wrong type of woman, are easily deceived by them, so I guess that type is just as easily dumb enough to lease without paperwork. Personally I wouldn't improve someone else's land much beyond electricity and water... For the main house I'd find another way like joining two shipping container/s together or using demountable/portable buildings, etc that can be loaded onto a truck and moved to another block of land in a couple of hours. That way the owner sees from day one they'll profit little to nothing by kicking me off. Finally, I know many people just build cheap nasty hovels with hollow blocks and tin roofs, with large gaps to the open air between the two. That way the "improvements" are worth next to nothing, well to us anyway - to the poor any increa$e is enough for them to want to steal it. But I'd at least want it properly sealed, lined, and insulated. Who wants to live like a beggar. So if I were going to build a real building I'd at least want the land to belong to a relative of my woman and still with a contract.

[@hankking4878]

Yes you can lease back the land for a certain amount of time but I don't think it's 25 years. I think it has to be shorter, based on what my Filipino attorney said, but you can add options to extend the lease and extend it to your heirs after your passing. I did this exact thing with my property. I guess you should plan for the worst but unfortunately everybody here seems to always think of the negative there's risk with everything. If you don't take a chance you won't get anywhere in life analysis paralysis is what they call it.

[@realfamilyman]

@@hankking4878 Too few people think of the "negative" which isn't negative at all, it's called "due diligence" which is merely common sense in order to protect yourself. Only a fool wouldn't look at "negatives." It's no different to getting a pest inspection report before going into debt to a bank for half or third of their life for a house in the west. Considering "negatives" doesn't mean you get so pessimistic you abandon the idea. It just means you become better informed to make WISE decisions instead of FOOLISH ones. Who do thieves successfully target... informed people, or ignorant ones? Only the ignorant, the uniformed, fall for scams. So only a complete nitwit would hand over money without considering the "negatives" (refusing to do their due diligence, calling it "negative"). Sadly such a person will do the same with most (or all) the other decisions in their life too. Instead of becoming informed, they bounce through life like a shiny ball in a pinball machine, making foolish and rushed mistakes. Much like western men who marry the low value women after allowing their common sense to be disarmed by other weak-minded simps like Calvin, Gio, etc. They head straight to Angeles City and treat the first low value bar girl (prostitute) who approaches them and smiles, like a rare princess - fooling themselves she's a "traditional" woman when the truth is no traditional woman of value in the Philippines behaves that way. But by all means... if men are gullible enough to risk giving their savings away so easily because doing some due diligence is "negative" to them, they only want to hear positives, thereby handing their wealth over to thieves... then by all means, have at it.

[@wayneho71]

Amen Brother! Thanks for your valuation information.

[@FrankSouza-ss7cz]

Clear, precise and no bs vlog. Great info for us foreigners. In short just rent, its the safest..

[@rona8663]

Great info. Thanks for this.

[@tonyh274]

I advise any foreigner to rent , I have been through most of these options and I can assure you , you will never own land in the Philippines,at the time you might think you do ( or sort of ) but if you ever encounter a problem later on the odds are stacked against you I am married to a filipina and have learnt so much about this topic Another piece of advice , never invest what you can't afford to lose

[@swilhelm3180]

Wise words. The problem with renting is you feel you really don't have control over your living space. No easy solution other than buying something very, very cheap and living very, very simply. Which means you'll end up with someone very, very plain.......:) So thank God you're a bachelor and revel in your freedom.

[@tonyh274]

@swilhelm3180 renting is easy , it's cheap theres an abundance of rental properties and your not tied to one place , the main house me and my wife rent is in a nice subdivision with pool , an hr or so south of manila and the same distance south to the beaches in batangas It's perfect, without paying the silly prices now being asked in the city

[@EsthersMedia]

Good video! Thanks

[@carlo_roque]

Great Topic Evan and Savvy Expat Crew!

[@johnclark7973]

This video covers a great topic, 'cuz there's so much confusion out there in reference to foreigners owning land and property in the Philippines. Well done, Evan. 👌

[@joebiggs5408]

Good info brotha 👊

[@tecsolint]

Great information !!

[@TheSavvyExpat]

Glad you think so!

[@miguelc.819]

Nice, I was unaware that foreigners could own condos...Thank you 🙏

[@hi-tych]

Yeah, I just got mines last year in cebu.

[@TheSavvyExpat]

Our pleasure! Most foreigners invest in real estate here through condos

[@elizabethprice5916]

I did also...

[@ryanjones7543]

Who wants to go in on one for an investment?

[@maclovioberumen1917]

Thanks Evan . Good to know. 👍

[@jamesclaire115]

Great video...

[@johnclark7973]

Do you have a video covering the SRRV? I would love to see one from you on this subject because you cover things so incredibly well.

[@tedlasalvia9668]

Great information Evan! I like how you led with the fact that foreigners can't own land in the PI. Your 5 ways to own property are spot on. Especially the risk associated with the 5 ways. Keep up the great work! I especially like your discussion on "Natural Born Philippine Citizens". As someone whose mother was born in the Philippines, I've done extensive research into that question (I'm under the 1973 constitution). Your video is very concise and well written!

[@sterlinggray4027]

Thanks for the informative videos, they are very well produced. Can you share the video system you are using? Thanks

[@haroldlebreton]

Foreigners can only own land in the Philippines if they become a citizen of the Philippines. If your married to a Filipino and lived in the Philippines for at least 5 years as a resident you can apply for citizenship and once approved you can buy as much land as you want in your own name and you can doe everything as any Filipino can doe even vote.

[@swilhelm3180]

That's the first solution I've read so far in this thread. But 5 years.....ugh.

[@FilipinaAndTheForeigner]

Especially like how you ended your video 👍 👍 (Please let me know if you have any tip on finding two separate quality units to rent for low 20s php total all inclusive) if its even possible.

[@GeneGalyuk]

God bless you abundantly!

[@raymondwalker2048]

yes make a video about incorporating a business in the Philippines.

[@Rockiii9]

There’s a exception; the Subic Special Economic and Freeport Zone is a special economic zone and freeport area covering portions of the city of Olongapo and the town of Subic in Zambales, and the towns of Hermosa and Morong in Bataan. Foreigners are permitted to purchase freehold land rights, uniquely in the Philippines. There’s alot to offer in terms of geography (mountains, beaches, parks, recreation ) & the fenced in area, known as Subic Bay Freeport Zone (SBFZ) is uncrowded & very safe. For those looking to start a business, there are many advantages.

[@swilhelm3180]

Is this the only part of the country with this exception to foreign owned real estate? It sounds great.

[@MushagasheNative]

Thank you for your content as always, my question if I may? I have heard about townhouses with condo designation, how does that work?

[@johnrisher3007]

God bless you always brother 🙏 ❤

[@exorc1st995]

Good info, if you buy multiple Condo's like let's say 4 to rent them out does this need to be registered as a company too ?

[@prescottosegie]

This is interesting I appreciate the info Evan I definitely need to contact you and your team when I touchdown in the Philippines 🇵🇭

[@TheSavvyExpat]

For sure Prescott! Thanks for watching brother 🙌

[@prescottosegie]

Your welcome bro I appreciate it 💪🏾😎 have a great week and definitely do a video on owning a business as a foreigner

[@timsturgill6813]

Actually, I learned the other day there's also a new law for a One Person Corporation (OPC), and under the new law, a foreigner can have 100% ownership.

[@tinievillarico2770]

Nice

[@arnolddavidson5245]

You're quite an actor with a gift of gab, you know.

[@pharcyde8083]

How does closing on a condo work? Does it go through escrow? When would you get the title?

[@justDAVE777]

Praise the Lord my friend that verse that you said at the very end... Made my day I will subscribe to your channel a thousand thumbs up🎉

[@shur54]

Amen brother thank you for your hard work. i was reading that condos can be horizontal or vertical,is this true ? i would like to buy a condo that has a garden unit if this is true. also do certain villas fall under the catergory of condos ?

[@ThinkAboutMyComment]

The ministry at the end got my like, subscribe and engagement comment brother thanks and I look forward to learning more from your channel. May The LORD JESUS CHRIST bless you

[@charlesstanfa3969]

Great video,very professional and great information, can you tell me the best apartments to rent in the best locations, i guess on high street or forbes street i want to walk across to the restaurants and malls right in the center of everything i would appreciate it ,moving to bgc in nov ,thanks to you,you convince me thank you very much and God bless you and your family 😊

[@genewinterwood7842]

omg great info. May mga loopholes pala para maka own mga foreginer ng properties. well i guess condo units in ph target market are foreigners.

[@manilamartin1001]

I know you get bashed, but I do love the high end condo tours.

[@lordumas]

Super useful video! I also love the verse at then end!

[@time2eat850]

I fall into number 3. Glad that my mother listened to my advice to hold on to our properties (all paid off). The cost of living here in the USA 🇺🇸 will make you homeless in no time. To be honest its NOT WORTH IT for a FOREIGNER to invest in REAL State in the Philippines

[@jeanmoralles977]

True, look for other countries. Leave the Philippines for Filipinos only. We don't like to share our country with you. Even if you find us Filipinos friendly, it does not mean we approve of foreigners wanting to have a piece of our country. We are secretly racists.

[@OHANA-Beach-Suites-CDO]

Great info here. My wife owns the land we are building our Beach Resort on. I’m not worried as we met in USA it was my idea for a hotel and she has never cared about money and gives me her money. Thanks

[@TT-by7tv]

Where are you building? I would like to build also

[@GUITARTIME2024]

Uh huh. Who will own the resort.

[@hankking4878]

Great for you to believe in each other. Thinking of doing the same soon.

[@hankking4878]

@@GUITARTIME2024 too bad you can't find a good woman actually it's better that no woman found you.

[@OHANA-Beach-Suites-CDO]

@@hankking4878 nice. It’s not easy you need trusted people around project and CCTV etc, but we’re happy it’s going good so far. Thanks

[@daytriker]

Are town homes titled & considered the same as Condos with the same ownership rules?

[@jamesbarajas9224]

In your example, are those 40 units sold at a skin tax price? I wonder if there is a price difference if a Condo unit is sold to a local vs foreigner or are they usually the same price regardless of who buys?

[@TheSavvyExpat]

I think it depends on the realtor, but as long as you know the original listing price, they won’t change it based merely off your skin tone.

[@mattia.shorts5958]

Hello, It's me Matti. Julio gave me your youtube Channel name and I subscribed! ^^

[@user-fv1576]

Misleading title - but educational. Thanks

[@wesleywarren8781]

AMEN!!!

[@putluvNthewrld]

Get any Filipino to sign a real estate power of attorney, allowing you to buy and sell real estate in their name. They will own the property , but you having power of attorney can sell the property at any time and pocket the money.

[@markfarris1575]

How can you know for sure if the Condos are abiding to the 40% foreign owner ship laws. Since corruption is rampant in some parts of the country?

[@Republicunt5555]

I don't even care about it. As long as the condos are being sold, gaining sales, and buyers paying real estate tax. The majority of the Filipino don't like living full-time in condos anyway. Why do we need to live in condos if we can buy lands anywhere we like? The most important thing is, foreigners are not allowed to own lands.

[@joeyavery6037]

Thanks Evan, learnt something new with this episode as a natural born Filipino. It answered 2 very important questions for me: 1) I am a natural born Filipino but am a naturalised Australian citizen, thinking I must reacquire my Filipino citizenship to become be a dual citizen and thereby purchase land there. 2) My kids are in Australia, it's good to know they can inherit my assets here when the time comes provided it is on my will. Great start to my Saturday morning, keep up the great work!

[@eddieBoxer]

I'm an expat old man had 3 Filipina young ladies I bought them each a house, I lost all my money, each house cost me 2.6 million pesos. Her family lives inside the house what should I do??

[@carmellaa0715]

@@eddieBoxer Hi to answer your question if you're not married to those Filipina you can get your property back as long as the property is under your name.

[@elderdwaynehull5377]

You can also get a citizenship for the Philippines. You can buy straight out if you want.

[@Rushdie01]

Thanks for the video. As you where born after your father became and American citizen. Are you allowed to become a dual PH citizen and own land? I am in the scenario where my mother lost Ph citizen ship before my birth.

[@BarneyBofill]

👍🏻TY🙏🏻great concise information❗️ As a possible expat retiree, considering relocation from USA🇺🇸. My biggest issue I have to consider🤔if relocation comes to fruition. Much appreciate the word of God scripture📕& Christ center video posting. May God 👼🏼continue to bless you & yours💗

[@josephguratana8337]

I am a former filipino. I have inherited a lot in the Philippines, how can I transfer title of the lot to my relatives? Thank you so much!

[@acasehs]

What about a property/land trust? Are those a thing in the Philippines?

[@newtoie]

wow Im Sorry to rain on your parade but you are mistaken and passing inaccurate info. For SRRV its $50k deposit if 35 or older $20k if over 50 and have proof of foreign income . deposit not cost this deposit can be in a filipino bank or can be pledged to buy a condo there . actual cost of SRRV is about $1600 plus an annual renewal fee if you avail of buying the condo . If not theres only the card renewal fee . Having an SRRV visa is akin to a green card in the US and u are exempt from needing an ACR card ( foreign registration) also the government will show you how to easily acquire Philippine property thru a Philippine corp. you just need 3 Filipino citizens and up to 2 foreigners . they suggest you use your atty , your acct , and your close friend , for the flip side , then have a document in the corp . limiting the bank acct and all $$$ to only go to the registered foreigner . Im a SRRV visa holder for more than 10 yrs and i can assure u this works Please correct your post. Also for inheritance purposes many of my rich Chinoy & pinoy friends prefer to keep their properties in Corp as u can avoid alot of taxes by just transferring the corp vs almost 10% vat and tax and also to avoid the strange Spain laws where any of your blood relatives can cloud title and make a claim . Remember people Philippines is a former US colony and is currently hosting more than 9 US public bases . Assert your rights .

[@hankking4878]

You make everything so clear. I have been researching and listening to all these vlogs and I just always have questions. Yes,I would like to know more about setting up a corporation. I've been acquiring a lot of property in the Philippines but it's going to the girlfriend but I'm okay because she's the mother of my daughter. I wouldn't mind doing the corporation thing but what are the tax implications?

[@dochi1958]

You have ZERO property. But your GF does!!

[@hankking4878]

@@dochi1958 well my value is the character of the mother to our child. I don't really care about the money it's what she does for the child is what's important.

[@hankking4878]

@@dochi1958 your comments are quite shallow. There's a child involved here and a father who's taking responsibility. All you think about is the real estate and the money? I am blessed with abundance and I'm able to give back to my child and leave a legacy for her. I also give a lot back to Filipinos who are hard pressed because the Lord blessed me. With your thoughts you won't amount too much and will never get abundance that you seek because you're only thinking about yourself and money. Grow up and become a real person with character!

[@TheK-PopInPublicAuthority]

@@hankking4878 You live in fairy land my friend. God Bless for sure; but God doesn't reward fools. He helps those who help themselves.

[@hankking4878]

@@TheK-PopInPublicAuthority God has given me so much I have more money than I can spend in one year. So yes, I trust in God completely and he has blessed me. The prayer of Jabez has touched my heart and my life and I have so much abundance and am thankful to God. God is good. The selfish and the greedy will never prevail with abundance. You will live a shallow life when you leave your life by money. Lead your life with kindness and love and the money will pour in. I am very good with money that is why I'm so successful financially. I don't worry about shallow things about having property taken are working with shallow people who will steal from you. Pick the right people and you won't have to worry about things.

[@guynouri]

40% max. Smart!

[@michaelstewart399]

What about forming a OPC one person corporation or my son was born here in the Philippines

[@carmellaa0715]

If your son is a Filipino citizen by birth and documents yes your son can own land.

[@MJFUYT]

Could've shortened this video by basically saying... No, you can't buy land without substantial risk. 💯

[@lordraider5562]

Exactly

[@souhailshamaissem7564]

I really admire the Philippines government for not allowing foreigners to buy land unlike Australia where the best farm land and real estate are sold freely to foreigners without any restrictions

[@bonkersblock]

Philippines doesn’t have land much to speak off! It’s a scattered islands, it plays a factor to the foreign land laws..

[@darkamity1399]

Besides Thailand now doesn’t allow foreigners to own land. Because before when they still allow it, a lot of land in their capital Bangkok was purchased by foreigners and leased them to Thai people. Just imagine you are like renting from a foreigner in your own country

[@madellugz5406]

You have dumb politicians.

[@babysacay8083]

Amen 🙏

[@OazadOMER]

Thank you for information, is it true even if I become a filipino citizinship by marraige I can't own land

[@johng4093]

Just to clarify, SRRV visa holders CAN buy condos, it's just LAND that they CANNOT buy...correct?

[@carmellaa0715]

Yes!

[@samson1586]

Wow my brother ,I'm proud of you ! You are witnessing my lords and saver Jesus Christ ❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤

[@davidsadowsky6881]

What about a long term land lease and then building a house? I know your don't own the land. But if you are say 55 and get a 20 year land lease with the option to renew its the same in effect. Except for the spouse. Is that a doable idea? Thanks

[@johnclark7973]

Yes is my limited understanding.

[@dochi1958]

Yes, doable AND you will actually own the building but not the land under it! So hope they don't ask you to leave as it's very hard to move houses!

[@johnclark7973]

@@dochi1958 👏👌👍😎

[@user-nu6zn1br6w]

​@@dochi1958Boxable house might be the answer it screws over the land owner when they try screw you to try to take it.Look up what Elon Musk lives in . It's a foldable house that can be moved.

[@sweproductions1]

What about Subic Bay?

[@Jrmyf77]

Don’t forget to mention multi decade land leases. I’ve seen 50 or 75 year land leases.

[@johnclark7973]

Yes. 😎 A foreigner can sign a multi-decade land lease from a Filipino land owner, and then the foreigner can build his own house on his newly leased land, right? No Filipina spouse required, correct?

[@Guilhermealmeida.]

One question. I have seen some gated communities that are advertising that foreigners can own units, which will be a house in the ground of the closed community. Is that true? And if so, it’s considered a condo? Thank you in advance

[@ronj6038]

It’s a long term lease….

[@Gregory-Masovutch]

If there is a classification of a site built condo and the certificate of title is identified as such, it might be possible.

[@averagegardener4266]

What if a American has Duel Citizenship in America and Philippines. Can they own land??

[@guynouri]

Do the corp video

[@PsychNurse.]

If I'm married to a Filipino prior to arrival, do I need to purchase a $20,000 Visa. Thanks for the scripture. 🙏

[@spincube5734]

Can a foreigner get a long term land lease (25-50 years) and build a home on the leased land ?

[@johnclark7973]

Yes is my limited understanding.

[@dochi1958]

in short YES, but have a GOOD lawyer draw up the documents!

[@johnclark7973]

@@dochi1958 🍻👌👏👍😎

[@orlandomando8486]

Why didn't you talk about land lease?

[@ericmraustralia1252]

That was great advice that I have been looking to find for a few years now, I am an Aussie Citizen married to a Filipina and we have 2 sons born here on Luzon Island, my sons both have Filipino passports and I am told by DFA this makes them Filipino/Australian citizens ? , So my question is, can I buy land and put the title/deed in their names instead of my wife's name or is there an age limit in order to own land here. ? My sons have never left the Philippines since birth and are now aged 3 and 5 years old. I hope someone can answer this question. Thanks in advance.

[@carmellaa0715]

Hi Eric! I'm Carmella one of the International Marketing Partner here in the Philippines. To answer your question your sons have to be of legal age to own a land here in the Philippines. You can also own a condo and transfer the property to your sons. Condos have a high appraisal value through out the years but you must buy a condo in a developed location. I hope this answer your question. If you're interested to purchase a condo we can give you a virtual tour via zoom! No commitment just inquire and let your questions answered.

[@jamesccook]

Can a foreigner hold a 1st mortgage on a spousal property ? Does this give additional security or control over long term ownership? Thanks, James

[@GUITARTIME2024]

Don't do it buddy

[@carmellaa0715]

Just mortgage on a property solely on your own name don't put it on a spousal property just to be on the safe side.

[@cornelfrom-cali422]

Trying to learn about buying land, and I get a bible study on the back end. LOL JK.

[@TheSavvyExpat]

🤣

[@23CooperT]

My wife was born to natural Filipino parents but does not have a Filipino passport. They no longer have Filipino passports neither. They all have Canadian passports. Does the case at 5:59 apply to my wife?

[@davidhall3747]

If her parents were born on or prior to 1973 in the Philippines. She can own land.

[@rejo3920]

Wife & I left the Phil in the 90s & became US citizens. Do we need to apply for dual citizenship to be able to buy land in the Philippines?

[@dochi1958]

I don't know for 100% sure BUT it is very easy & cheap to get your Filipino citizenship re-instated at any P.I. embassy or consulate. I would do it just to be sure it won't cause any issues down the road! Sometimes the P.I. is very picky about having proper proof and documents!!

[@elderdwaynehull5377]

SRRV over 50 and your income is 1,000 or more, you have to put 10,000 in a account

[@tomdailey4819]

If me and my Filipina bought property how would we find out if the property is free and clear of any debts

[@carmellaa0715]

As a realtor I suggest to buy Pre-Selling condos instead.

[@tomdailey4819]

Condo,s feel like a jail cell... Way too confining... I bought property in the Providence and I'm going to build my own house

[@carmellaa0715]

@@tomdailey4819 It's best to go with what you'll be comfortable living in.

[@tomdailey4819]

@@carmellaa0715 I wish you a whole lot of success in your career

[@carmellaa0715]

@@tomdailey4819 I appreciate it! Hoping the same for you!

[@edwardkitson1137]

America should apply those same conditions to any Filipino who wants to buy land here, too.

[@Republicunt5555]

You have the most stupid politicians. Why did your country even allow that? HAHAHAHA

[@sweproductions1]

What if I wanted to buy land with a close friend co signer

[@madellugz5406]

Only your local friend's name will be on the land title and the rightful owner.

[@bchrismonks8760]

I hear that a 50 year lease is legal to a foreigner. I’ve never heard anyone address it. Or a success story.

[@johnclark7973]

My understanding is that a foreigner can sign a 25 year renewable land lease (so in essence 50 years) from a Filipino landowner. And then the foreigner can build his own house on his newly leased land. No Filipina required.

[@TETRARCHFREAK666]

I'd be like get a job I work hard for my money you should to foreigners are not rich things are cheaper here in the Philippines but you need to set a budget to cause it can go away quickly which I still need to learn poverty is so heartbreaking here I wish the government would help these people and and places

[@donalshelton9205]

If your a foreigner and have a child (child would have dual citizenship ) with a Filipina could I put property in the kids name and not the wife or girlfriends name?

[@johnclark7973]

Yes is my (limited ) understanding.

[@millennialinmanila5621]

Yes when they are 18 and above

[@economianomada-rp3cw]

What if I have phillipino blood in me from 5 generations back ? But it’s not traceable anymore…? 😭

[@LM-qv7cy]

Can blood Filipino who are born outside of Philippines buy land? My grandfather is Filipino and unsure if I qualify (I'm a 90s baby) I would love to return to my root.

[@shanniworld8310]

I wish real estate ownership were the same in the USA

[@Republicunt5555]

It will never happen because your country is hard-selling alliance and reciprocity. Your idiot politicians approve left-wing-anarchist-communist policies of the abolition of states and nations until the world becomes their dream single nation where every person can live and work anywhere they want. We don't like it to happen here. We hate seeing people who don't belong to our Asian race behaving as if they own our country. Maybe many of your countrymen want it to happen because they're anarchists or Westoid communists.

[@fudogwhisperer3590]

Can foreigner own 40% through a corporation, then split the remaining 60% between a Philippine born person (30%) and another Philippine corporation (30%) giving the foreign corporation controlling interest?

[@fluffie6568]

Hi Evan, I fall under the category of "Natural Born Filipino" who became US citizen. If I am allowed to purchase a land, do I need to have dual citizenship? By the way, I am not certain if you already have a video regarding tax topic, like for example tax for dual citizenship. Thank you!

[@davidhall3747]

If you were born in the Philippines on or before 1987, you can own land. If both of your parents were born in the Philippines on or before 1973, you can own land.

[@raymondwalker2048]

As an expat, I don't mind the rules strict rules about buying land. If the Philippines did not have those rules, You would have foreign companies (especially Chinese companies) buying up all the land and wrecking havoc on environment. Moreover, land prices would be so high the locals could not afford to live in their own country. I don't have an issue with the Philippine government protecting their people. Frankly we need laws like this in the U.S. Chinese are buying land and homes in South Texas and Florida.(Miami beach area and little Havana neighborhoods) The people in the area selling their land to the Chinese only to realize too late they cant afford to live their anymore. Little Havana is really popular because the sea elevation. Companies in Canada are doing the same thing. buying up houses turning them into rental properties as fast as they can. As soon as the persons lease is up they often times double the rent.

[@dochi1958]

The environment has already been wrecked & is getting worse. The government is so corrupt anyone can pollute and only the Church & very rich families own 90% of the land and they often steal what little the peasants have.

[@walleye364]

Can I buy property and put it in my 8 year old step daughters name? Can I build a pole building home? How big a lot can My step daughter 8 years old own? (living in the U.S.

[@CarlandCrez]

I have to correct you, owning a condo is a lease hold, be it 20, 50 or 100 years.. you never legally own it, you are just renting it for the length of the lease, it's also difficult to sell when the years on the lease drop, as many mortgage companies won't lend if the lease is as low as 85 years

[@pharcyde8083]

I think it varies, some are either freehold or leasehold.

[@CarlandCrez]

@@pharcyde8083 you can't get a freehold condo, unless every condo owner joins together and buys the land and whole building

[@pharcyde8083]

@@CarlandCrezthe freehold ownership (deed) would be for the condo, not the land or building.

[@CarlandCrez]

@@pharcyde8083 what if all the condos below and around you knocked the walls down, it's not possible to own it, when the lease expires you have to give it back to the real owner

[@pharcyde8083]

@@CarlandCrezThat’s not what the deed of sale would state. It’s ownership of that space in the building, not a lease agreement. Knocking down walls would be a legal and HOA issue.

[@jamesrose7281]

You need to learn more about what's possible. The easiest being having your gf buy the property and giving you a permanent special power of attorney on the property. You then control the property.

[@mikejones5364]

Easy to buy, hard to sell.

[@anothercomment-]

Stop trying to be “witty” and all “youtuby “ just get to the point and tell us what your title suggests But wow, the unexpected ending was amazing, good work.

[@rstel66]

A foreigner cannot inherit land if it was per a last will and testament. The foreigner can only inherently inherit, meaning no will. My adoptive American father inherited from my Filipino citizen mother their house and lot in Angeles when she passed. He would not have been able to inherit the land if my mother left a will.

[@dochi1958]

CORRECT!!

[@Itsjujuu__]

Can a foreigner own an apartment in the Philippines??

[@infinityworldwide1]

your are not telling me anything new

[@bigcol4932]

U can own the house but not the land as a foreigner here

[@madellugz5406]

They can only own condos but they can never own land.