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Can a foreigner own real estate properties in the Philippines?

April 26, 2017foreigner Philippines properties Real Estate

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Can a foreigner own real estate properties in the Philippines?

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Foreigners do enjoy absolute ownership of a condominium unit. Ownership is evidenced by Condominium Certificate of Title (CCT). The ownership of land and house and lot are allowed only to Filipinos and foreigners who are formerly natural born Filipino Citizens. If a foreigner is married or related to (for example) a Filipina, the title shall indicate the Filipina name married to (name of a foreigner).