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

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10y ago

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Can a foreigner buy a land in Philippines?

Yes, a foreigner can buy land in the Philippines, but there are restrictions. Foreigners are generally prohibited from owning land outright, but they can acquire land through a long-term lease (up to 50 years, renewable for another 25 years) or by purchasing property in a corporation where at least 60% of the shares are owned by Filipino citizens. Additionally, foreigners can own condominium units, provided that foreign ownership in the building does not exceed 40%.


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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.


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Can foreigners buy property in the Philippines?

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.


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