He probably has a long term land lease, or their spouse owns land and they're under the assumption that their name is also on the land when it actually isn't.
1 month ago
| 1
1987 constitution says no foreigner or foreign resident can own land, only apartments
1 month ago
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You can own land if you inherit it but you have so long before you have to sell it.
1 month ago
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The only thing a foreigner can own is a condo. All properties has to be in a Philippine national name.
1 month ago
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Foreigners 100% cannot own land directly under their name in the Philippines due to constitutional restrictions, but they can own condominium units (with a 40% foreign ownership cap per building) and can enter into long-term land leases. Other alternatives include acquiring land through a Philippine corporation with at least 60% Filipino ownership or inheriting land through succession.
1 month ago
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If your wife dies you can inherit and own land as a foreigner. That is the only way possible. However , you only own it for 2 years and have to sell or pass it on to a Filipino heir in that time.
1 month ago
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Foreigners cannot own land or even businesses outright always a Filipino citizen must be involved unless they are bribing an Filipino official which is not unheard of 😮
1 month ago
| 0
Possibility that he has a middleman he's working through. Much less likely, possible inheritance of land from a parent.
1 month ago
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This is one these stories that should begin with "you're not going to believe this!"
1 month ago
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Check the Philippines constitution. No land owned by foreigners
1 month ago
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The claim that lawyers milk you? Whenever I’ve used a lawyer, it’s an agreed upon FLAT FEE, so what is to gain by milking it? Guy is full of shit…
1 month ago
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Could be indirectly his. I feel like we're splitting hairs here. Even if it isn't his were talking maybe $10k tops for land, im sure he's lost more than that over his life.
1 month ago
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You can register a company and be 40% shareholder maximum. The other 60% must be Filipino shareholders. It's possible, I've done it.
1 month ago
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I wonder if he is lying by omission and what he calls parcels is really a condo?
1 month ago
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I get how a guy would buy land for his wife or girlfriend’s security, but can’t understand why you would risk losing your money in a place where the laws are so convoluted and you could be deported from at any minute. Just look at the comments, even guys that live there can’t agree
1 month ago
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I own 2 hectares of land in Manila in that I am looking to sell at a low low price if 5,000php per square meter. Trust me bro! It’s prime property 👍
1 month ago
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🤷🤔 I own land in the Philippines actually 2 lots but not legally 🤣 on a promising type deal with people I trust enough they won't screw me over bcuz I basically let them stay and pay them for maintenance or like grounds keeping 😂👌 Im ok with that,the government can take our land anyhow if they wanted to 🇺🇸🤫🫡😂 my great grandmother use to own the majority of Arecibo 🇵🇷 and 1 day the USAF came in and took what they wanted to build a telescope for
1 month ago
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My wife owns land in the Philippines..she bought one lot..My name is on the land title..me personal not that interested in owning land in the Philippines..but it give my wife some security..
1 month ago
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PhillyinthePhilippines
Maybe I'm missing something this Foreigner claims he owns land and sold land in the Philippines under a residence visa
1 month ago (edited) | [YT] | 25