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Old 10th January 2014, 05:00 PM
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JimnNila143 JimnNila143 is offline
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Users Flag! Originally from usa. Users Flag! Expat in philippines.
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As stated in an above post, any and all land has to be 100% Filipino owned. The building which sits on that land, if it is a condo building, that building could be 100% owned by a foreigner but the land itself cannot. A condo inside a condo building can be 100% owned by a foreigner. If a foreigner is married to a Filipino and he or she owns the land, the building, house, apartment, farmhouse can be owned by the foreigner AND the landowner but should the foreigner pass away, the building goes back into the family name of his or her spouse.
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