Questions and Answers Regarding Real Estate Law in the Philippines

CAN FOREIGNERS BUY PROPERTIES IN THE PHILIPPINES?

Are you a foreigner who wants to buy property in the Philippines? If so, you might be wondering what the rules and regulations are for owning real estate in this beautiful country. Well, here are some things you need to know:

• Foreigners cannot own land in the Philippines. They can only own apartments, condominiums, and houses that are not attached to the land.
• Foreigners can own up to 40% of a condominium project, while the remaining 60% must be owned by Filipino citizens.
• Foreigners can own land in the Philippines if they inherit it from a Filipino citizen by hereditary succession. This means that if a foreigner is married to a Filipino citizen and the spouse dies, the foreigner can inherit the land owned by the spouse.
• Foreigners can also own land in the Philippines if they acquire it before the 1987 Constitution took effect. This constitution prohibits foreigners from owning land, but it does not apply retroactively to those who already owned land before it was enacted.
• Foreigners can also own land in the Philippines if they are former Filipino citizens who have acquired foreign citizenship. They can own up to 5,000 square meters of urban land or 3 hectares of rural land for residential use, or up to 1 hectare of urban land or 5 hectares of rural land for business use.

As you can see, there are some ways for foreigners to buy property in the Philippines, but they are limited and subject to certain conditions. If you want to learn more about how to buy property in the Philippines as a foreigner, you can check out these sources:

¹ Allowing Foreigners To Own Property In The Philippines | AboutPhilippines.org

² Buying property in Philippines for foreigners: guide | Wise.com

³ Q&A: Can a foreigner buy real estate property in the Philippines? | MyProperty.ph

⁴ How to Buy a Property in the PH: A Guide for Foreigners | RE/MAX Gold

⁵ Understanding Home Buying in the Philippines | Investopedia.com

⁶ 6 Ways Foreigners Can Own Land & Buy Real Estate in the Philippines | PinoyMoneyTalk.com