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Can a foreigner purchase a DMCI Homes unit?

April 26, 2017dmci foreigner homes purchase

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Can a foreigner purchase a DMCI Homes unit?

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As a general rule, foreigners can only purchase condominium units and not house and lots. However, if the foreigner was born in the Philippines or if the foreigner is part owner of a company whose majority share is owned by Filipinos, then they can purchase a house-and-lot. The additional documents required to complete the purchase are: 1.Passport 2.Alien Certificate of Registration 3.Tax Identification Number (TIN#) If the buyer has no Tax Identification Number, DMCI Homes will apply the TIN number on their behalf for transferring of the title.