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Real Estate In The Philippines

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Real Estate In The Philippines

The Philippines restrict foreign ownership to condos and in any given building foreigners can own only up to 40% of the units. Still, this country makes sense for both retirement and investment. Real estate prices in some parts of it are unbelievably cheap. Focus on the more active areas where you would have an easier time reselling on the local market. You don’t want to be limited by having to find another expat buyer when you decide to resell.

Foreigners can apply for land leases for up to 50 years, renewable for another 25 years.

Foreigners cannot own land in the Philippines. Corporations can own land, but the corporation cannot be more than 40% foreign-owned. Foreigners married to Filipinos can own land under the spouse’s name. If the Filipino spouse dies or the couple separates, the land cannot be transferred to the foreign spouse.

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Is The Philippines Safe?

Keep in mind that the Philippines is a poor country, so be aware of pickpockets or anything that sounds “too good to be true,” because it probably is. However, the standard of living in certain areas is noticeably much higher than you’ll encounter in many other parts of the country, including Manila. Still, it’s wise to keep your doors locked and exercise the usual level of common sense that you would use anywhere. Aside from unlikely natural disaster events, the...

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Get Your Free Overseas Information
Report Today!


Learn more about PHILIPPINES and other countries in our free, daily Overseas Opportunity Letter. Simply enter your email address below and we’ll send you our FREE REPORT - The 10 Best Places To Retire In 2021

​Are The Philippines Your Dream Destination?

​Learn more about ​​​​​​the ​PHILIPPINES​​​ ​​​and other countries in our free, daily Overseas Opportunity Letter​​​​​​​​​. Simply enter your email address below and we’ll send you our FREE REPORT – ​​The ​10 Best Places To Retire In 2021