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Can American citizen or foreign nationals own properties in the Philippines?

April 26, 2017American Citizen foreign nationals Philippines properties

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Can American citizen or foreign nationals own properties in the Philippines?

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You can own a land in the Philippines with the following limitations and restrictions: you will need a Filipino partner. Basically this means that either both share the property with the Filipino owns 51% or more, and the foreigner owns 49 % and less. If one is married to a Filipino citizen or former Filipino citizen, then it become simple. Please be advised to consult an attorney for any legal advise regarding acquiring real estate properties in the Philippines; and latest local & national laws and regulations.