Good info Rubeauti, I think a lot of the responses below do not reflect an understanding of the information you were giving... I've been going to the Philippines for the last 30 years... as that is how long I have been married to my pinya girl. We have had several properties for years and I still keep my looking for the good deals on property. The Philippines is a magical place with the mountains rolling down into the sea.. You are a great example of the beauty of the people. Keep up the great work. .... and thank you
Are you a Philippines citizen or do you buy land in your wife's name or her family name. Farangs aren't allowed to own land in the Philippines, ask a lawyer or listen to the ones on the Filipina pea channel.
I totally agree with you I'm not going to put anything in my Pinay's name in the Philippines It's just like signing my life? Rights etc. I'm good in America thank you 😊 I have and know my rights here no guessing here 😂
From a legal perspective, this is probably a gray area at best. Opens up the possibility of putting yourself in danger. Maybe one day the Philippines will make its laws a little less hostile to immigrants, but until then you should avoid investing there.
No way as a foreigner would i buy property and put it in someone elses name. GREED has ruined many friendships and families. That is a recipe for disaster. Also, anyone who has been in the PI knows that the court system may get around to your case in 10 years or so. This means if someone has sold the property do you really think the filipino will have your money in 10 years lol. They won't have a peso left of it in 30 days. You can't get, what they don't have!
There is another way to protect yourself. This is how I did it. I created a corp my wife created a corp . She took 60 I took 40. My corp loaned the money to her corp. after 3 non payments I put the loan in default. Then my corp got a judgement against her corp where the land was collateral. Now my corp holds full judgement first position of the land. She can’t sell it as the loan is worth more than the value of the land n dwelling as it accrues penalties n interest. This way my interest is covered in perpetuity.
The only mistake I see here is that you cannot open a company with 100% of the shares in the name of a foreigner. Are you both (you and your wife) in both companies? Or if not, who is the other Filipino who owns 51% of the shares of your company?
@@lynx8828 a foreigner can own 100% of a corporation in phils, but, the taxes change, I believe a foreigner owned corp is taxed like 30% on gross, while a Phil owned is like 30% on net
None of these various schemes will stand up in court against the Anti-Dummy Law. Continue deluding yourself. When and if you wife (or any heirs or beneficiaries) has an incentive to go after you, then you will lose. You have achieved nothing. All the Filipino has to do is file a case and the foreigner is not only going to not have any control, but he is also not potentially going to be prosecuted and go to jail. You and your wife are attempting to subvert the law and I would if I were you unwind that situation to avert criminal liability. You should consult with better counsel immediately.
interesting but that is skirting the law. the effect is that your corp has a lien on her corp. that's it. let's look at the worst case scenario. you separate. she gets the property. the loan is just a loan. it can be paid. her corp can sell it and pay the debt to you. she can also prove that there was no loan at all (unless of course, you did deposit the loan in her corp.'s account and not just on paper). we have a surfeit of cases previously decided by the supreme court about foreigners owning real properties. the best protection is actually to love your wife and be loyal to her. sometimes, that is enough. btw. condos are not "real properties", ok? foreigners can own them
I'm a retired real estate Broker and have lived in the Philippines since March 2020. A foreigner CANNOT OWN (Fee Simple) in the Philippines. Real Estate Law IS very similar to the real estate law in the Philippines except that foreigners are explicitly denied to OWN real estate (including the land beneath the home) in the Philippines. However, since Condos are defined as the interior surface of the Condo dwelling, (excluding exterior and ground beneath) it IS legal for foreigners to own Condos. Do NOT attempt to "own" any real estate in the Philippines. Any scheme to have "ownership" will at the very least, require you to have a very good attorney. You CAN also lease up to 25 years.
People have this urge to own real estate, a home, especially if it is much more affordable than their native country. But it really is not a good idea if you don't have the right to own in your name and/or legal protections, etc. are less than fully robust. Resist the urge. Renting gives you ultimate flexibility and freedom in an uncertain world.
Unfortunately, it may not be enough to trust the person (spouse, friend or other) who will hold the legal title to your land. You will also need to trust the people who are likely to inherit the land, if your trusted person unexpectedly dies before you do. Inheritance laws, particularly with respect to land ownership, in any country, are always complicated and too frequently result in disputes - and legal contracts, incl. lease agreements, may or may not survive the death of the original party on the contract. Just something perhaps to be aware of, when asking questions of a lawyer.
a foregner cannot OWN a property in the Phillipi9nes....if the deed is not in YOUR own name you do NOT own it.;...even a condo a foreigner can only own 49 percent....so that is NOT true and you need to stop telling people that. There have even been cases where the foreigner paid for the property but because they cannot own it only the filipina they put the property in their name built a house on it and then kicked the foreigher out only to end up homeless and broke on the streets....bad advice!!! go on to the filipina pea channel and lookup the episoded of attorney gracie over there telling us foreigners about this....and also the realtor over there she interviewed as well.....and renting or leasing if not married to a filipina means nothing..
No, not possible for lands, only for buildings. Its against our Constitution. Please do not be fooled by sellers! This is not a good advice to foreigners. Options: 1) Dual citizenship for former natural born Filipino citizens - they can own lands of course. 2) Form a Corporation with majority shares owned by Filipinos 3) Lease agreement for 25 years + extension is possible - better option and safer in my opinion.
a life dowry with your child as a deed holder is worth looking into , it essentially a nontransferable life time lease , not it can be done there but i would assume it would be fine
forming a corporation: how secure is the land? let's say you have 40% other guy has 60%. will all things you paid for belong to you then? I pay for the land, he is "responsible for other things". him having 60% of the company how can I have control over the land?
@@jpjay1584 You have to do it the right way, a company can be structured in different ways, the formula would be 51% of "Filipino" shares (it does not have to be just one, it can be for example two Filipinos with 25% and 26% of the company) and you have 49% of "foreign" shares, but with the difference that your 49% must be common shares and 51% of Philippine shares must be "preferred" shares.. this way your 49% has more decision-making power in the company than that 51%... although 51% would have other privileges that you would not have, such as, for example, if the company goes into bankruptcy, they would be the first to collect (assuming that they had actually put the capital as a result of that 51% of shares that they own when the company was formed
@@lynx8828 I have been hearing this type of information but I wasn't sure how realistic it was. Thanks for explaining it a bit more in detail. I have a filipino buddy here in Canada who owns a resort in Palawan, he has told me that if you do the company process your company can own property, but I wasn't entirely sure how the realistic company structure broke down.
Step 1 - research local lawyers that you are considering to help you with this land acquisition Step 2 - hire another lawyer from a different province/island to do a background check on the local attorney you're considering to retain Step 3 - if the local attorney checks out, proceed with finding property with clear title Step 4 - get married to Rebeauti and put everything in her name........I'm sure it will be fine, just fine 🤞
You got the goal of this video. It is about taking advantage of the emergency situation of Rebeauti, wanting to own a land but lacking the funds. Good project since there is no divorce in the Philippines.
you might consider a lifetime dowry for yourself, with a wife as secondary dowry holder and your first born child as the deed holder , its how my family has transfer property one generation to the next for around a century here in Kentucky , its away of keeping small family farm from being sold off quickly as it does lock deed up for long periods (also prevents any leans), and any piece that gets sold off has been considered for over 20 years before its becomes possible .
I learned from experience that when it comes to money there are no friends, and a wife who becomes ex-wife is even worse a woman will take it all. so just rent
After learning all that stuff about the Philippines, why should I move and do anything to a place that does not provide any safety net but only a piece of ass that I can get in any other part of the world with a lot of protections and avenues?
@@yvesderival634 Never forget this is Southeast Asia, dictators once ruled here, and many of their descendants are still in power, this place is not a freaking free market for westerners capitalism... yet they are here propping up these homes like it's the game of monopoly, and their significant other is ringing her hands waiting for him to kick the bucket or leave..
If your a dude who hasn’t ALREADY made real estate investments in your own country to sustain your lifestyle in another country - you should not be thinking about buying anything 🤷🏼♂️ I’ve dealt with enough hassles in my real estate investments here in the US - last thing I wanna do is deal with it in a foreign country.
Keep it simple, just rent. Unfortunately most marriages and friendships dont last especially if they have legal acess to your assets. Be worth more alive than dead if you know what i mean
I like that law that land and houses cannot be sold to foreigners. This is something my friends here in Australia complain about that our houses and land are sold to rich foreigners and this skyrockets the price for us locals. Permanent residents in Philippines can obtain citizenship after 5 - 10 years. Problem solved. Drawing up a lease agreement that gives you sole right as long as you live has the problem that someone in the titleholders family could be tempted to shorten your life. Otherwise just long term lease an established place or get a condominium as specified under the law.
To be honest, no matter how hostile this is to foreigners like me, I have to agree - if the Philippines and other similar Asian countries didn't do this the property prices would be most likely insane for locals. For example Rubi mentioned that that small area on the beach costs 4M pesos... It sounded like a lot, then I googled it and saw that it's 65K EUR. Even I could just buy it without a loan, even though I'm not a rich person by any means.
@@leakyabstraction The big players who ultimately determine the price of land do so one way or another. The question is whether Joe will be allowed to own a piece of land and perhaps build a house according to his ideas.
My understanding is that it’s very difficult to obtain Filipino citizenship if you are not ethnically/racially Filipino. Furthermore you need to renounce any/all previous citizenships which for some is problematic to say the least.
@@valharris9346and China coming into America and buying up all the land! No laws forbidden that and Biden will give Chinese a great deal, the Trialtor!
@martin StF FYI foreigners can only obtain PH citizenship if born & raised in PH like the prominent Spanish Ayala family which is not the case of expat newcomers If you don't believe me ask a Fil. lawyer about it or the PH Bureau of Immigration
In America they sell to Communists or anyone a Filipino can come and buy land here in USA and own it but I cannot come to Philippines and Own It Philippine government is smart US government is stupid CORUPT
Hi Ruby, I wonder how are your vegetables coming along? I have a few things growing now, peas, sweetcorn , onions and tulip flowers. Keep us posted. Btw never ever buy land without clean title. Ingat ka 😊
Gentlemen, NEVER buy property in someone else's name! Don't be stupid; there are too many horror stories. This goes for the Philippines, Bali/Indonesia, Thailand.... Just don't do it. Either legally buy a condo in your own name or via a company fully in your name, or lease. Don't buy anything you don't retain complete control over, because you're always leaving yourself open to being defrauded by the other party. You don't need to search very much to find lots of examples of men going bankrupt because of this...
We live half time in Valencia and half time in Enrique Villanueva Siquijor. Sometimes we go to San Juan or Salagdoong Bch in Maria or Paliiton BCH in SJ for lunch or dinner and for picnics and swimming etc... Both places are beautiful...check out Valencia some time.
Maybe America isn't worried about rich foreigners coming in and buying up the best property and squeezing out the locals? Which is one of several reasons for Australia's house affordability crisis.
I asked that question for 30 years that I lived in the Philippines. Why can Americans travel visa-free to Philippines but not vice-versa? Should we trade with the Philippines and let all 100 million come to the USA and overstay their visas, if they will let us buy land in their country?
Great video and addvice beauty..love your videos and I just subscribed. I love siquirjo. Was there in October. Coming back soon . My daughter's are half filipina Australian and there looking for properties.. looking forward to see more of your videos and addvice on properties.. take care always 🙏
The government should just sell licences to foreigners so the land still belongs to the Philippines, the foreigner has his house. That way it would stop foreigners being ripped off and is a way for the Philippines to make money.
Why do you think they have this rule? Licenses for foreigners ? Might as well abolish the rule. Look at the USA and or Canada. Foreign speculators have ruined large portions of the many cities. If they abolish foreigners will but up huge lots and never move there. Investment speculators
😎👍🇺🇲 A good lawyer is the best way to ensure you don't get screwed. Otherwise just rent a fix the place up if you plan on staying for a long time. Cheers.
@@patrickfreeman8257 Of course. That's when having connections is important. Personally I would never consider buying. Not even if I was married. Not because of distrusting the wife. It can be the family that becomes a problem. Too many horror stories to learn from. Cheers ✌️
I have lived off grid for well over 30 years, and those places with the creek and waterfalls would be just the kind of places I would be interested in. I've always been able to figure out how to make it work.
I absolutely love your new outlook on life, and your new look "hair" new home. Things will change and life and love will change. You will be rewarded for being a really good person. Love what you doing, you truly beautiful. Johannes
Good enough to accept foreign tourist dollars but not good enough to allow them to own land? But you can own land in let's say the United States and other countries as a Filipino Foreigner? What's wrong with that statement?
Americans have visa-free access to Philippines but not vice-versa. Should we trade with the Philippines and let all 100 million come to the USA and overstay their visas, if they will let us buy land in their country?
Small island living has made your smile even brighter than before and the happiness glows from you. what a great property, I want to buy land but understand that I can't. Is it true that Siquijor has a small degree of witchcraft? or is that just a myth? how interesting either way.
None of those options sit well with me. All I see is a high risk opportunity with an average reward. One of my uncles has been married to his filipina for decades and they built a house out there. It worked out for them, but I think we're in different times now.
Mymy and I have a property in Barilli small lot 500 sm. It's nice on mountain and ocean view. Also she put my name on the title deed. We will build on it and someday if she decides she hates me hahaha she can have it all. We love and trust each other.
Just wanted to comment on your talk about learned Helplesness . You explain things so well and know what you are talking about. You are a gifted speaker.
I wish the Philippines government would reciprocate at least one of the many rights Filipinos enjoy in the USA such as allowing Americans to own at least 1 acre of land to build a retirement home and be at peace. Without taking the risk of putting it in someone else's name.
I like the lease idea. If you get a chance, please talk about taxes on leased land, and things like bad weather issues. No place is perfect, but some are closer to perfect than others. Also, I looked up the USD to PHILIPPINE Pesos. It's amazing the USD is still worth anything. I keep thinking the USD will implode any day.
My situation i meet and married a filipina in usa. When i retired we bought several pieces of land .4 lots total approx 7000 sqm my house was on 2000sqm. After 21yrs of marriage my wife became sick with cancer and passed away. Her children from a prior marriage who i supported all those years wanted me to just leave so they could have all. I already gave them 2/3 of land approximately 5000 sqm. But wanted my house and lot. All the titles had my wife as owner and me as spouse. They even took it a lot further tried to kill me when i was getting in car. Still have bullet hole in driver's seat. I got lucky. So if i can give insite don't marry a woman who has kids from a prior marrage. Even your good to them in the end the greed will come out. Just be careful. Also to let you all know this is a problem here not just me. Be careful
A foreigner can't own land. You can lease it, and own the building you put onto that land (although at the end of the lease, maybe the building reverts to the landowner)
Hi Rubeauti, thanks for your explanation, it definitely helpt in knowing what options are available for a foreigner... and keep manifesting you got this..... ;)! X
Me & my Filipina wife have just purchased land/house with me as a counter-signatory. My name is on all of the paperwork, I'm required to be present and sign for any changes or sale of those... that's owning it in my opinion lol. Talking about it all on my channel, new vid being released today about this if you're interested
Hi great info my dear...I'm looking for exactly where you were sitting under the tree.....what's the asking price.....also if possible can we meet up I would really like you to show me more land...etc...I will visit the Phil's soon...let me know thanks so much, await your reply.....
Try to transfer the title to your name and you will see that you can not get the owner as a foreigner. Do not let them fool you. There is only one condition a foreigner can get the legal owner of a property including title. If you are married to a filipina , she owns the property and she dies. Then you can get the legal owner on parts of it. How big the part is depends on a testament, if you have childs etc.
This issue is real. As a dual citizen in Canada from Jamaica, I can see the problem from both sides. First world countries are more liberal with selling their land because their laws are robust and economy strong. It is highly likely that most of the land will be bought up by nationalists, or those about to become nationalists. On the other hand, the non-nationalists buying land generally only end up boosting the economy with almost zero ability to foster harm. Developing countries on the other hand, generally see the opposite result. I've seen it time after time when I lived in Jamaica. Whole swathes of land being owned by foreigners that promise to boost the economy. Some do, but most don't. Right now there are way too many empty plots of land just sitting there doing absolutely nothing but appreciate in value. The locals can't touch them, but the demand for land keeps skyrocketing every year. Even the beaches and highways are being owned by foreigners. I am 100% sure this is happening all over the world in developing countries. Of course the investors aren't at fault, as opportunities are meant to be taken. It's the lawmakers and government that allowed foreigners to basically own the entire country, because they were too stupid and didn't set a limit or restrictions. Unfortunately these are things that happen in reality, everywhere. So I can definitely see the horror and reason that the PH government is concerned about. Of course, the laws could be slightly tweaked to be less hostile to foreigners who are looking to settle. Nobody wants to wait 5-10 years to own the land that they built their homes on. Most people also don't want to give up their citizenship either. Although I'm not liking the direction Canada is headed, I definitely wouldn't give up my citizenship. At most I'd move elsewhere and stop being a Canadian tax resident. I can't see allowing foreigners to purchase limited amounts of land for the sole purpose of building a home or a local business to be a bad thing. Leasing or buying through an intermediary sounds good and all, but it doesn't eliminate the underlying danger to the foreigners spending their hard-earned money. This situation doesn't have to be as painful as what has happened in Jamaica. A balance without infringing on the government's control could be achieved with a little brainpower and less hostility towards foreigners from the government's perspective.
Some vieuws are nice but i think need also ask then where you wanne live if the have flooding if the have got alot typhoons ,becouse locating close to the sea ,can bring also risk for thyphoons and that can destroy your hole house if don't know thous things ,far from a road for electricity should also not be a problim ,make a big watertank under the house ,and for electricity you can use sunpannels then you not need electricity from the road ,if have enough baterys you have meabe even for 14 days or longer electricity if there is no sun like in rain season
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So many panicked comments here about "hey, no, don't even think about the mere possibility of putting the land in your wife's name" etc, so here's my perspective. For only 1,000 or 1,200 pesos per sq m, or $20-25 (yes, just twenty-five dollars per square metre) you can get a nice block, admittedly without a view and maybe a couple of hundred metres away from the road (but not deep in the jungle, so it's close enough to have water and power). That's not a lot of money. If she turns out to be a gold-digger, chances are, you'll feel the emotional pain of the breakup far more than the loss of a couple of thousand bucks.
If I post what I am looking for on FB I get a million scammers sending me property they claim is theirs but they don't own. I would like to talk to you about land purchases there but in a confidential manner. I have something to talk to you about that could make us both some good money. Let me know thanks! Take care and God bless!
Thru succession is the only way for a foreigner to get land and I'm pretty sure you have to sell it as there's a time limit if your non Philippines born. a Philippines born can own land 1000 sqm in manila 1 hectare in a province but if your in a foreign country you must declare it on your pension income etc. in that country .
You really do not own the house either as the lessor can essentially force you off the property. Really foreigners should not be getting themselves involved in such quagmires. Do not do it. Only if you are married to a pinay and realize that some Filipina wives have poisoned their foreigner husbands so they could take control of the assets. I knew one who did this.
@@kenamaro actually it was not always that way. Some foreigners own land on an island off the coast of Southern Mindanao as they were grandfathered in from when Americans used to be able to own land in the Philippines. I think it was before WWII or something like that.
"I will tell you how you as a foreigner can own land." Proceeds to tell you how everyone but you can own land. I guess the idea of "ownership" isn't well understood.
And in that case can still never be the majority owner and suffers the risk of losing the property entirely if divorce ever occurs. And divorce is extremely difficult in the Philippines as it is not legal for a citizen to divorce. The Foreigner has to go get the divorce in his or her country and then have it approved by the Philippines. Quite the process. Also if you're living in the Philippines it might be difficult to divorce back in your home country if your spouse is not willing to travel back there. Very complicated.
Amazing the variation in prices per m² in Siquijor.....I'm starting to think there is only one way to buy and that is to agree a legal long lease from the person/wife/gf who's name is on the title, to be sure of at least living in the house you've paid for for as long as you want. The bottom line is people can change and the person who's name is on the title is the one who owns it if things go wrong 😁.....the 1.15 location looks really nice... is it near Lazi?
Thank you for posting this. I was concerned about not being the owner of my home, should I decide to move to the PI. I am glad to learn there may be a way I could do it.
If the philipines opened up to let foreigners buy property, there would be nothing left for actual filipinos, by comparison to the locals foreigners are wealthy. I hope they never change those laws. Just look places like Australia, lots of properties and businesses sold to overseas buyers.
Very informative. I would love to have property there. Leasing wouldn't be a bad way to go. Are there good attorneys in Sigiour? That would definitely need to be a legally binding agreement for sure.
I am your fellow Filipina, as far as I know, foreigners are prohibited from owning land in our country but can legally own a residence as long as 60% of the building is owned by Filipinos specifically a condominium.
Just rent, when the situation where you rent becomes undesirable, move an hour away or to another island. I own 600 acres in the USA. Im trapped here until I sell. Wife and I plan on spending up to 1K a month for rent, month by month in the PI. The end of each month we will decide- stay another month or move to the next beach town. And, for single guys- best way to end a shit situation or relationship - simply move north or south two hours and start over. Renting is the way to go unless you are younger and are trying to build wealth. Easy money is buy land and Sit on it for 40 years!
go for condos. foreigners can own them outright. look around. need not be high rises or high-density places. you can have a 5-unit condo -- i.e., only five condominium units, for example. study this concept. but foreigners owning a real property in the philippines? you have to amend the constitution for that. that is illegal.
Good info Rubeauti, I think a lot of the responses below do not reflect an understanding of the information you were giving... I've been going to the Philippines for the last 30 years... as that is how long I have been married to my pinya girl. We have had several properties for years and I still keep my looking for the good deals on property. The Philippines is a magical place with the mountains rolling down into the sea.. You are a great example of the beauty of the people. Keep up the great work. .... and thank you
Are you a Philippines citizen or do you buy land in your wife's name or her family name. Farangs aren't allowed to own land in the Philippines, ask a lawyer or listen to the ones on the Filipina pea channel.
Rubeauti,sorry the hole night i doint sleep i try now again lather oke take care
Lucas from the Netherlands
What happens if you get divorced? What about an untimely death?
I totally agree with you I'm not going to put anything in my Pinay's name in the Philippines It's just like signing my life? Rights etc. I'm good in America thank you 😊 I have and know my rights here no guessing here 😂
That's what I asked my Pinay's she just simled 😮 can't trust her now 😮@@michaelsopher5048
From a legal perspective, this is probably a gray area at best. Opens up the possibility of putting yourself in danger. Maybe one day the Philippines will make its laws a little less hostile to immigrants, but until then you should avoid investing there.
💯 correct
I agree. I had such big hopes and planes to visit there, but after learning some of their laws, no way I'm going there.
@ZoranLjubicic-po9pg you can own a condo but you don't have many property rights outside of that.
Agree. If you are a retiree, it would be more cost effective to rent given how many years you have left.
Playing with the law will ultimately lead to consequences
No way as a foreigner would i buy property and put it in someone elses name. GREED has ruined many friendships and families. That is a recipe for disaster. Also, anyone who has been in the PI knows that the court system may get around to your case in 10 years or so. This means if someone has sold the property do you really think the filipino will have your money in 10 years lol. They won't have a peso left of it in 30 days. You can't get, what they don't have!
Wise words
Soooo true !
There is another way to protect yourself. This is how I did it. I created a corp my wife created a corp . She took 60 I took 40. My corp loaned the money to her corp. after 3 non payments I put the loan in default. Then my corp got a judgement against her corp where the land was collateral. Now my corp holds full judgement first position of the land. She can’t sell it as the loan is worth more than the value of the land n dwelling as it accrues penalties n interest. This way my interest is covered in perpetuity.
The only mistake I see here is that you cannot open a company with 100% of the shares in the name of a foreigner. Are you both (you and your wife) in both companies? Or if not, who is the other Filipino who owns 51% of the shares of your company?
@@lynx8828this is ph,not thailand.
In ph a foreigner can own up to 100% of a company. With some exceptions.
Thailand however...
@@lynx8828 a foreigner can own 100% of a corporation in phils, but, the taxes change, I believe a foreigner owned corp is taxed like 30% on gross, while a Phil owned is like 30% on net
None of these various schemes will stand up in court against the Anti-Dummy Law. Continue deluding yourself. When and if you wife (or any heirs or beneficiaries) has an incentive to go after you, then you will lose. You have achieved nothing.
All the Filipino has to do is file a case and the foreigner is not only going to not have any control, but he is also not potentially going to be prosecuted and go to jail. You and your wife are attempting to subvert the law and I would if I were you unwind that situation to avert criminal liability. You should consult with better counsel immediately.
interesting but that is skirting the law. the effect is that your corp has a lien on her corp. that's it. let's look at the worst case scenario. you separate. she gets the property. the loan is just a loan. it can be paid. her corp can sell it and pay the debt to you. she can also prove that there was no loan at all (unless of course, you did deposit the loan in her corp.'s account and not just on paper). we have a surfeit of cases previously decided by the supreme court about foreigners owning real properties. the best protection is actually to love your wife and be loyal to her. sometimes, that is enough. btw. condos are not "real properties", ok? foreigners can own them
Careful, Property with unobstructed view is an easy target for Typhoons. Nothing to block the wind.
Good point
I'm a retired real estate Broker and have lived in the Philippines since March 2020. A foreigner CANNOT OWN (Fee Simple) in the Philippines. Real Estate Law IS very similar to the real estate law in the Philippines except that foreigners are explicitly denied to OWN real estate (including the land beneath the home) in the Philippines. However, since Condos are defined as the interior surface of the Condo dwelling, (excluding exterior and ground beneath) it IS legal for foreigners to own Condos. Do NOT attempt to "own" any real estate in the Philippines. Any scheme to have "ownership" will at the very least, require you to have a very good attorney. You CAN also lease up to 25 years.
Thanks a lot.Is a lease agreement is a very difficult to collect in PHILIPPINES?how is possible to cancelled lease agreement from PH side?🎉
I think given the way things keep changing in Countries and the economy…. As a foreigner , I would only consider renting ! End of story ‼️🇨🇦🇵🇭
Wise decision.
Exactly, correct
People have this urge to own real estate, a home, especially if it is much more affordable than their native country. But it really is not a good idea if you don't have the right to own in your name and/or legal protections, etc. are less than fully robust. Resist the urge. Renting gives you ultimate flexibility and freedom in an uncertain world.
Buy a trailer, give it custom interior. Live in it.
Unfortunately, it may not be enough to trust the person (spouse, friend or other) who will hold the legal title to your land. You will also need to trust the people who are likely to inherit the land, if your trusted person unexpectedly dies before you do.
Inheritance laws, particularly with respect to land ownership, in any country, are always complicated and too frequently result in disputes - and legal contracts, incl. lease agreements, may or may not survive the death of the original party on the contract.
Just something perhaps to be aware of, when asking questions of a lawyer.
I don’t think buying a property and putting someone else’s name on it is buying a property for yourself.
The person whose name appears in the title is a "dummy."
It's illegal under the anti-dummy law of the Philippines or Presidential Decree No. 715.
a foregner cannot OWN a property in the Phillipi9nes....if the deed is not in YOUR own name you do NOT own it.;...even a condo a foreigner can only own 49 percent....so that is NOT true and you need to stop telling people that. There have even been cases where the foreigner paid for the property but because they cannot own it only the filipina they put the property in their name built a house on it and then kicked the foreigher out only to end up homeless and broke on the streets....bad advice!!! go on to the filipina pea channel and lookup the episoded of attorney gracie over there telling us foreigners about this....and also the realtor over there she interviewed as well.....and renting or leasing if not married to a filipina means nothing..
Yes, that
Not true. Form a corporation and you own 40%. But you may be removed from the planet if your investment outweighs your next breath.😅
@@vinnie1711 that is still less than 51 percent so not a majority rule or ownership....
Where do you get that a foreigner cannot own a condo? Specially The Condominium Act of the Philippines, states they can own.
@@dddtrump they can only own a minority share not a majority share....40-41 percent.....
No, not possible for lands, only for buildings.
Its against our Constitution. Please do not be fooled by sellers!
This is not a good advice to foreigners.
Options: 1) Dual citizenship for former natural born Filipino citizens - they can own lands of course.
2) Form a Corporation with majority shares owned by Filipinos
3) Lease agreement for 25 years + extension is possible - better option and safer in my opinion.
a life dowry with your child as a deed holder is worth looking into , it essentially a nontransferable life time lease , not it can be done there but i would assume it would be fine
forming a corporation: how secure is the land?
let's say you have 40% other guy has 60%. will all things you paid for belong to you then?
I pay for the land, he is "responsible for other things".
him having 60% of the company how can I have control over the land?
@@jpjay1584 You have to do it the right way, a company can be structured in different ways, the formula would be 51% of "Filipino" shares (it does not have to be just one, it can be for example two Filipinos with 25% and 26% of the company) and you have 49% of "foreign" shares, but with the difference that your 49% must be common shares and 51% of Philippine shares must be "preferred" shares.. this way your 49% has more decision-making power in the company than that 51%... although 51% would have other privileges that you would not have, such as, for example, if the company goes into bankruptcy, they would be the first to collect (assuming that they had actually put the capital as a result of that 51% of shares that they own when the company was formed
@@lynx8828 I have been hearing this type of information but I wasn't sure how realistic it was. Thanks for explaining it a bit more in detail. I have a filipino buddy here in Canada who owns a resort in Palawan, he has told me that if you do the company process your company can own property, but I wasn't entirely sure how the realistic company structure broke down.
And she's a LIAR! Don't listen to her advice!
Step 1 - research local lawyers that you are considering to help you with this land acquisition
Step 2 - hire another lawyer from a different province/island to do a background check on the local attorney you're considering to retain
Step 3 - if the local attorney checks out, proceed with finding property with clear title
Step 4 - get married to Rebeauti and put everything in her name........I'm sure it will be fine, just fine 🤞
You got the goal of this video. It is about taking advantage of the emergency situation of Rebeauti, wanting to own a land but lacking the funds. Good project since there is no divorce in the Philippines.
@@haldepet12 Until we find out she's secretly already married haha
you might consider a lifetime dowry for yourself, with a wife as secondary dowry holder and your first born child as the deed holder , its how my family has transfer property one generation to the next for around a century here in Kentucky , its away of keeping small family farm from being sold off quickly as it does lock deed up for long periods (also prevents any leans), and any piece that gets sold off has been considered for over 20 years before its becomes possible .
@@patrickfreeman8257 Just get a CENOMAR 🤣
I’d just go straight to step 4.
I learned from experience that when it comes to money there are no friends, and a wife who becomes ex-wife is even worse a woman will take it all. so just rent
To all foreigners coming to the Philippines 🇵🇭,*RENT ONLY* even if you marry a Filipina, never buy land or a house for her..👍🏾🇺🇸 🇵🇭
After learning all that stuff about the Philippines, why should I move and do anything to a place that does not provide any safety net but only a piece of ass that I can get in any other part of the world with a lot of protections and avenues?
@@yvesderival634
Never forget this is Southeast Asia, dictators once ruled here, and many of their descendants are still in power, this place is not a freaking free market for westerners capitalism... yet they are here propping up these homes like it's the game of monopoly, and their significant other is ringing her hands waiting for him to kick the bucket or leave..
Good 👍
If your a dude who hasn’t ALREADY made real estate investments in your own country to sustain your lifestyle in another country - you should not be thinking about buying anything 🤷🏼♂️
I’ve dealt with enough hassles in my real estate investments here in the US - last thing I wanna do is deal with it in a foreign country.
Unless you are buying it for her and her only.
Keep it simple, just rent.
Unfortunately most marriages and friendships dont last especially if they have legal acess to your assets.
Be worth more alive than dead if you know what i mean
Wise words 👍
Unfortunately her advice wasn't sound.
She did another video on how she was burned because the land she bought was landlocked (no legal access).
I like that law that land and houses cannot be sold to foreigners. This is something my friends here in Australia complain about that our houses and land are sold to rich foreigners and this skyrockets the price for us locals.
Permanent residents in Philippines can obtain citizenship after 5 - 10 years. Problem solved.
Drawing up a lease agreement that gives you sole right as long as you live has the problem that someone in the titleholders family could be tempted to shorten your life.
Otherwise just long term lease an established place or get a condominium as specified under the law.
To be honest, no matter how hostile this is to foreigners like me, I have to agree - if the Philippines and other similar Asian countries didn't do this the property prices would be most likely insane for locals. For example Rubi mentioned that that small area on the beach costs 4M pesos... It sounded like a lot, then I googled it and saw that it's 65K EUR. Even I could just buy it without a loan, even though I'm not a rich person by any means.
@@leakyabstraction The big players who ultimately determine the price of land do so one way or another. The question is whether Joe will be allowed to own a piece of land and perhaps build a house according to his ideas.
My understanding is that it’s very difficult to obtain Filipino citizenship if you are not ethnically/racially Filipino. Furthermore you need to renounce any/all previous citizenships which for some is problematic to say the least.
@@valharris9346and China coming into America and buying up all the land! No laws forbidden that and Biden will give Chinese a great deal, the Trialtor!
@martin StF FYI foreigners can only obtain PH citizenship if born & raised in PH like the prominent Spanish Ayala family which is not the case of expat newcomers If you don't believe me ask a Fil. lawyer about it or the PH Bureau of Immigration
A boat seams a good way , you can own the boat outright , no wife needed.
Yes, but you can't grow anything on a boat.
@@valharris9346 you can fish
@@valharris9346 weed 😀😀
No wife needed.. only fuck just anyone right?
Boat living is great, but honestly just rent a house or condo unless you really love the sailing life.
Thanks! That's good info to think about, I'm working on a legal solution to get ownership with a freezone corporation
In short: 'A foreigner can not own a property in the Philippines.
The way to go .. just rent !
I mean , how many years do a lot of people have left to even live ‼️
Pretty much
In America they sell to Communists or anyone a Filipino can come and buy land here in USA and own it but I cannot come to Philippines and Own It Philippine government is smart US government is stupid CORUPT
@@Dutchy-1168 shoot
Indeed … better to rent !
Hi Ruby, I wonder how are your vegetables coming along? I have a few things growing now, peas, sweetcorn , onions and tulip flowers. Keep us posted. Btw never ever buy land without clean title. Ingat ka 😊
Gentlemen, NEVER buy property in someone else's name! Don't be stupid; there are too many horror stories. This goes for the Philippines, Bali/Indonesia, Thailand.... Just don't do it.
Either legally buy a condo in your own name or via a company fully in your name, or lease. Don't buy anything you don't retain complete control over, because you're always leaving yourself open to being defrauded by the other party. You don't need to search very much to find lots of examples of men going bankrupt because of this...
Condos are usually 3x marketprice.
That would equal to getting scammed by 3 rounds of divorces.
Need better options.
But where is commonsense or are we becoming so stupid to the point we cannot help ourselves?
We live half time in Valencia and half time in Enrique Villanueva Siquijor. Sometimes we go to San Juan or Salagdoong Bch in Maria or Paliiton BCH in SJ for lunch or dinner and for picnics and swimming etc... Both places are beautiful...check out Valencia some time.
Good tour & info Ru!! I wish you well on your land search.
Why can phillipinos buy land in America but we can’t buy land there !??!
Very good question .I do not have any appetite for countries like the Philippines and Mexico.
Maybe America isn't worried about rich foreigners coming in and buying up the best property and squeezing out the locals? Which is one of several reasons for Australia's house affordability crisis.
I asked that question for 30 years that I lived in the Philippines. Why can Americans travel visa-free to Philippines but not vice-versa? Should we trade with the Philippines and let all 100 million come to the USA and overstay their visas, if they will let us buy land in their country?
Uhhh…Hawaii.
Because the American government are a bunch of traitors that don’t care about the American people.
Great video and addvice beauty..love your videos and I just subscribed. I love siquirjo. Was there in October. Coming back soon . My daughter's are half filipina Australian and there looking for properties.. looking forward to see more of your videos and addvice on properties.. take care always 🙏
The government should just sell licences to foreigners so the land still belongs to the Philippines, the foreigner has his house. That way it would stop foreigners being ripped off and is a way for the Philippines to make money.
You can 25 and 50 year land leases then you can build as a foreigner
Why do you think they have this rule? Licenses for foreigners ? Might as well abolish the rule. Look at the USA and or Canada. Foreign speculators have ruined large portions of the many cities. If they abolish foreigners will but up huge lots and never move there. Investment speculators
😎👍🇺🇲
A good lawyer is the best way to ensure you don't get screwed.
Otherwise just rent a fix the place up if you plan on staying for a long time.
Cheers.
"A good lawyer is the best way to ensure you don't get screwed."
However, a bad lawyer is the best way to ensure that you do get screwed...just sayin'
@@patrickfreeman8257
Of course.
That's when having connections is important.
Personally I would never consider buying. Not even if I was married.
Not because of distrusting the wife. It can be the family that becomes a problem.
Too many horror stories to learn from.
Cheers ✌️
YES! More Rubeauti drone footage! I'm a happy dog. 🙂🐾
I have lived off grid for well over 30 years, and those places with the creek and waterfalls would be just the kind of places I would be interested in. I've always been able to figure out how to make it work.
I absolutely love your new outlook on life, and your new look "hair" new home. Things will change and life and love will change. You will be rewarded for being a really good person.
Love what you doing, you truly beautiful.
Johannes
But she's not giving good advice maybe for herself and stupid horny old man!
Good enough to accept foreign tourist dollars but not good enough to allow them to own land? But you can own land in let's say the United States and other countries as a Filipino Foreigner? What's wrong with that statement?
Still, it is mind-blowing to see how Americans are willing to gravitate to that type of nonsense.
You are no longer a tourist once you buy land.
Americans have visa-free access to Philippines but not vice-versa. Should we trade with the Philippines and let all 100 million come to the USA and overstay their visas, if they will let us buy land in their country?
Danke!
Danke Marcus! 🔥
Small island living has made your smile even brighter than before and the happiness glows from you. what a great property, I want to buy land but understand that I can't. Is it true that Siquijor has a small degree of witchcraft? or is that just a myth? how interesting either way.
You get more beautiful everytime I see you, keep your hair short, it suits you and makes you look so much younger.
Thanks bro! I do look better with short hair.
It’s nice short but I love the longer hair
One you are very attractive, it’s easy to watch. Two, kids voices at the water. This makes me happy. Good vibes 😎
None of those options sit well with me. All I see is a high risk opportunity with an average reward. One of my uncles has been married to his filipina for decades and they built a house out there. It worked out for them, but I think we're in different times now.
Philippines is just a holiday destination for foreigners, not for investment.
Be prepared to be ripped off some day eventually.
Okay. Well, what if I had a child with a filapina? Can I put the property in my child's name?
If you come on tonight can we make it a topic
In short yes.
If this is true case closed
Mymy and I have a property in Barilli small lot 500 sm. It's nice on mountain and ocean view. Also she put my name on the title deed. We will build on it and someday if she decides she hates me hahaha she can have it all. We love and trust each other.
Just wanted to comment on your talk about learned
Helplesness . You explain things so well and know what you are talking about. You are a gifted speaker.
So essentially no, we can not :P
Hey - have not seen a video of yours in a long time. Good job on the new hairstyle. Very fresh and modern!
I'm glad I found your channel Rubeauti. You are good in front of a camera- you are pretty and obviously very smart and good at this! 😀
I wish the Philippines government would reciprocate at least one of the many rights Filipinos enjoy in the USA such as allowing Americans to own at least 1 acre of land to build a retirement home and be at peace.
Without taking the risk of putting it in someone else's name.
Great news! That was seriously jeopardizing my move to the Philippines... See you there!
I like the lease idea. If you get a chance, please talk about taxes on leased land, and things like bad weather issues. No place is perfect, but some are closer to perfect than others. Also, I looked up the USD to PHILIPPINE Pesos. It's amazing the USD is still worth anything. I keep thinking the USD will implode any day.
My situation i meet and married a filipina in usa. When i retired we bought several pieces of land .4 lots total approx 7000 sqm my house was on 2000sqm. After 21yrs of marriage my wife became sick with cancer and passed away. Her children from a prior marriage who i supported all those years wanted me to just leave so they could have all. I already gave them 2/3 of land approximately 5000 sqm. But wanted my house and lot. All the titles had my wife as owner and me as spouse. They even took it a lot further tried to kill me when i was getting in car. Still have bullet hole in driver's seat. I got lucky. So if i can give insite don't marry a woman who has kids from a prior marrage. Even your good to them in the end the greed will come out. Just be careful. Also to let you all know this is a problem here not just me. Be careful
damn! sorry for your luck
What do you mean? Every expat in the PH says you cannot own property if you are a foreigner. Only condos.
A foreigner can't own land. You can lease it, and own the building you put onto that land (although at the end of the lease, maybe the building reverts to the landowner)
Hi Rubeauti, thanks for your explanation, it definitely helpt in knowing what options are available for a foreigner... and keep manifesting you got this..... ;)! X
Happy Easter Rubeauti !
I'm so jealous! I was there in March. And I would love to buy land there on that amazing Island.
Me & my Filipina wife have just purchased land/house with me as a counter-signatory. My name is on all of the paperwork, I'm required to be present and sign for any changes or sale of those... that's owning it in my opinion lol. Talking about it all on my channel, new vid being released today about this if you're interested
😮Happy Easter Rubeauti. He has risen.
Happy Easter Ruby! Have a wonderful day my dear friend. God bless you 🙏 😊😊
Hi great info my dear...I'm looking for exactly where you were sitting under the tree.....what's the asking price.....also if possible can we meet up I would really like you to show me more land...etc...I will visit the Phil's soon...let me know thanks so much, await your reply.....
Try to transfer the title to your name and you will see that you can not get the owner as a foreigner. Do not let them fool you. There is only one condition a foreigner can get the legal owner of a property including title. If you are married to a filipina , she owns the property and she dies. Then you can get the legal owner on parts of it. How big the part is depends on a testament, if you have childs etc.
Hi 👊🏻🇨🇦 Happy Easter 🌿 PS. There are any scuba 🤿 diving site near
Great UA-cam channel. Excellent property choices…. 👏🏻👏🏻
This issue is real. As a dual citizen in Canada from Jamaica, I can see the problem from both sides.
First world countries are more liberal with selling their land because their laws are robust and economy strong. It is highly likely that most of the land will be bought up by nationalists, or those about to become nationalists. On the other hand, the non-nationalists buying land generally only end up boosting the economy with almost zero ability to foster harm.
Developing countries on the other hand, generally see the opposite result. I've seen it time after time when I lived in Jamaica. Whole swathes of land being owned by foreigners that promise to boost the economy. Some do, but most don't. Right now there are way too many empty plots of land just sitting there doing absolutely nothing but appreciate in value. The locals can't touch them, but the demand for land keeps skyrocketing every year. Even the beaches and highways are being owned by foreigners. I am 100% sure this is happening all over the world in developing countries. Of course the investors aren't at fault, as opportunities are meant to be taken. It's the lawmakers and government that allowed foreigners to basically own the entire country, because they were too stupid and didn't set a limit or restrictions. Unfortunately these are things that happen in reality, everywhere. So I can definitely see the horror and reason that the PH government is concerned about.
Of course, the laws could be slightly tweaked to be less hostile to foreigners who are looking to settle. Nobody wants to wait 5-10 years to own the land that they built their homes on. Most people also don't want to give up their citizenship either. Although I'm not liking the direction Canada is headed, I definitely wouldn't give up my citizenship. At most I'd move elsewhere and stop being a Canadian tax resident.
I can't see allowing foreigners to purchase limited amounts of land for the sole purpose of building a home or a local business to be a bad thing. Leasing or buying through an intermediary sounds good and all, but it doesn't eliminate the underlying danger to the foreigners spending their hard-earned money. This situation doesn't have to be as painful as what has happened in Jamaica. A balance without infringing on the government's control could be achieved with a little brainpower and less hostility towards foreigners from the government's perspective.
One of my favourite channels Rubeauti keep up the good work bless you 🙏
Some vieuws are nice but i think need also ask then where you wanne live if the have flooding if the have got alot typhoons ,becouse locating close to the sea ,can bring also risk for thyphoons and that can destroy your hole house if don't know thous things ,far from a road for electricity should also not be a problim ,make a big watertank under the house ,and for electricity you can use sunpannels then you not need electricity from the road ,if have enough baterys you have meabe even for 14 days or longer electricity if there is no sun like in rain season
looks so good, I would like a house on the Beach.
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Salamat po Miss 👍❤️
You look so relaxed in the province
So many panicked comments here about "hey, no, don't even think about the mere possibility of putting the land in your wife's name" etc, so here's my perspective.
For only 1,000 or 1,200 pesos per sq m, or $20-25 (yes, just twenty-five dollars per square metre) you can get a nice block, admittedly without a view and maybe a couple of hundred metres away from the road (but not deep in the jungle, so it's close enough to have water and power). That's not a lot of money.
If she turns out to be a gold-digger, chances are, you'll feel the emotional pain of the breakup far more than the loss of a couple of thousand bucks.
If I post what I am looking for on FB I get a million scammers sending me property they claim is theirs but they don't own. I would like to talk to you about land purchases there but in a confidential manner. I have something to talk to you about that could make us both some good money. Let me know thanks! Take care and God bless!
Great 😊 video Rubeauti and I’ll be sure to contact you when I’m ready to buy 😊
Thru succession is the only way for a foreigner to get land and I'm pretty sure you have to sell it as there's a time limit if your non Philippines born. a Philippines born can own land 1000 sqm in manila 1 hectare in a province but if your in a foreign country you must declare it on your pension income etc. in that country .
Your videos are enjoyable. Great job.
If this is true there someone in the Philippine government that fill us with bullshit.
UIts not true, you can own the house not the property.
It’s always been that way…
You really do not own the house either as the lessor can essentially force you off the property. Really foreigners should not be getting themselves involved in such quagmires. Do not do it. Only if you are married to a pinay and realize that some Filipina wives have poisoned their foreigner husbands so they could take control of the assets. I knew one who did this.
@@kenamaro actually it was not always that way. Some foreigners own land on an island off the coast of Southern Mindanao as they were grandfathered in from when Americans used to be able to own land in the Philippines. I think it was before WWII or something like that.
"I will tell you how you as a foreigner can own land." Proceeds to tell you how everyone but you can own land. I guess the idea of "ownership" isn't well understood.
I think I would just lease 🤔
You must increase the property value with your beautiful view
Living off grid is great 👍
When you get things set up
It is a delight to see you again
And in that case can still never be the majority owner and suffers the risk of losing the property entirely if divorce ever occurs. And divorce is extremely difficult in the Philippines as it is not legal for a citizen to divorce. The Foreigner has to go get the divorce in his or her country and then have it approved by the Philippines. Quite the process. Also if you're living in the Philippines it might be difficult to divorce back in your home country if your spouse is not willing to travel back there. Very complicated.
Those beachfront houses are great...until a typhoon hits!
I keep watching your videos, love em.
Hi ,you are a very nice person ,I'm from Milan Italy and I appreciate what you do .
Thanks ❤️
How much is the lot where you sat,seeing the ocean,and the mountains
Looking beautiful as always. Nice to see you again. I’ll hit up San Jon
Amazing the variation in prices per m² in Siquijor.....I'm starting to think there is only one way to buy and that is to agree a legal long lease from the person/wife/gf who's name is on the title, to be sure of at least living in the house you've paid for for as long as you want. The bottom line is people can change and the person who's name is on the title is the one who owns it if things go wrong 😁.....the 1.15 location looks really nice... is it near Lazi?
Great video...I might get you to find me some land later this year when I come to Phil.
Really love your content you producing.
The only frustrating part about the country is that having weed be illigal, I Want to there from SA🇿🇦
Thank you for posting this. I was concerned about not being the owner of my home, should I decide to move to the PI. I am glad to learn there may be a way I could do it.
More drone shots please, looks like a beautiful location.😊
If the philipines opened up to let foreigners buy property, there would be nothing left for actual filipinos, by comparison to the locals foreigners are wealthy.
I hope they never change those laws.
Just look places like Australia, lots of properties and businesses sold to overseas buyers.
Same thing here in Canada.
I can’t lie. You is FIIIIIIINNNNEEEEEE❤️❤️❤️
Very informative. I would love to have property there. Leasing wouldn't be a bad way to go. Are there good attorneys in Sigiour? That would definitely need to be a legally binding agreement for sure.
Mai GAD you are sooo attractive, And smart too. Subscribed and liked your video. Wish you all the best Miss 👍❤🙂
best of luck with you real estate venture
I am your fellow Filipina, as far as I know, foreigners are prohibited from owning land in our country but can legally own a residence as long as 60% of the building is owned by Filipinos specifically a condominium.
Thanks Beautiful!!I'm New to Your Channel and I'm Planning on Retirement in the Philippines 💯 Love Your Content!!!
So how much was that hilltop property by the road with the Ocean view??
I love Siquijor! So beautiful there.
Sadly, no airline service.
Just rent, when the situation where you rent becomes undesirable, move an hour away or to another island. I own 600 acres in the USA. Im trapped here until I sell. Wife and I plan on spending up to 1K a month for rent, month by month in the PI. The end of each month we will decide- stay another month or move to the next beach town. And, for single guys- best way to end a shit situation or relationship - simply move north or south two hours and start over. Renting is the way to go unless you are younger and are trying to build wealth. Easy money is buy land and Sit on it for 40 years!
There are townhouses with condo title. Foreigners can buy them if apartment living is not an option.
when i was in the Philippines in 2012 and 2013 foreigners could not own a house but they could own a condo
What about putting the property in the name of a trust?
Like a breath of fresh aie see you again Ms. Rebeauti
go for condos. foreigners can own them outright. look around. need not be high rises or high-density places. you can have a 5-unit condo -- i.e., only five condominium units, for example. study this concept. but foreigners owning a real property in the philippines? you have to amend the constitution for that. that is illegal.