• Bert Santos

    Properties in the philippines

    posted by  Bert Santos in Philippines forum 

    Foreigners are not allowed to acquire real estate properties in the Philippines, unless you have a joint business with a Filipino in the Philippines. But the Filipino should own 60% of the business. The simplest way for a foreigner to acquire real estate properties is to have a Filipino spouse purchase a property in his/her name. Foreigners acquire some tangible assets but not real estate.

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