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Old 09-03-2007, 05:56 PM
lmcrealty_ph lmcrealty_ph is offline
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Join Date: Mar 2007
Posts: 5
Lightbulb Foreigners Cannot Own Lands

A foreigner cannot own any land, except if his/her husband/wife is a citizen of that country. You cannot own a house but you can rent.

But foreigners can own condominiums, and there is a certain condominium that every unit of it is attached on the lot.

In Philippines, the Maja V Bonita I condovision is a like of this. In fact there are already 3 foreigners who already bought their own units.

If you want more informations and pictures about these project just e-mail me unying07@yahoo.com.ph
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