answersLogoWhite

0


Best Answer

Not land.

Article XII of the 1986 Philippine Constitution states that:

Section 7. Save in cases of hereditary succession, no private lands shall be transferred or conveyed except to individuals, corporations, or associations qualified to acquire or hold lands of the public domain. Section 8. Notwithstanding the provisions of Section 7 of this Article, a natural-born citizen of the Philippines who has lost his Philippine citizenship may be a transferee of private lands, subject to limitations provided by law. Only land is verboten. Foreigners ARE allowed to own condominiums.

User Avatar

Wiki User

15y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Can foreigners buy property in the Philippines?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Can foreigners buy and own land in the Philippines?

Foreigners cannot buy or own land in the Philippines. Foreigners can however purchased condos as well as rent properties in the Philippines.


May a foreigners be arrested in Philippines for selling a property that is not his owned property?

It is a crime and they could be arrested.


Why buy property in London?

London properties has great return on investment value and is an investment for future. That is why natives as well as foreigners buy London properties.


Can foreigner buy land in Philippines?

No, if he or she is not married to a Filipino citizen, but if he or she is married to a Filipino that person can buy a property but it will be under his or her wife's/ husband's surname.


Can a UK National buy domestic property in Russia?

Yes, a UK national can buy domestic property in Russia subject to certain legal limitations so it is important that one becomes familiar with these. The amount of foreigners investing in property each year in Russia has been growing steadily over the years.


Why did Japanese shoguns turn against foreign trader in the mid-1500's?

Japan saw foreigners as a threat after Spain seized the Philippines.


Can an American own a business in the Philippines?

Americans are not allowed to solely own a business in the Philippines. Foreigners can have a business in the Philippines as long as 60 percent of the investments in the company are by a Filipino citizen.


Where can you buy hugegenic in the Philippines?

Where in philippines buy a hugegenic


In what store in the Philippines you can buy L4D?

In what store in the philippines can i buy l4d?


What is the Website of buy and sell in the Philippines?

Try Anunsyo.com.ph - Buy and Sell in The Philippines.


Where can you buy Tech Decks in the Philippines?

in the philippines


Where can you buy love and berry cardholder in Philippines?

I don't know where to buy LB Cardholders here at the Philippines. But I know where but not here at the Philippines. You can buy it at Tokyo,Japan.