Whether it's a scam or a misunderstanding. The Philippine real estate market is a proper minefield. Be very careful before jumping in to buy your dream property. It could easily turn out to be a very expensive nightmare 😫 😩. Thanks for sharing.
Hi Davao Dave agree it's a minefield for everyone other than the rich...I'm very mindful of the pitfalls I've seen on other channels and chatting with people here ..
These problems should be solved beforehand by the buyers solicitors. So buyers really have to understand and cover every eventuality and inform their solicitors what they expect them to do.
oh one more thing i think refuggeess is also allowed to live here for long time just if there no violation that they made here and they just live in peaceful live thats the time we allow them but if they getting into trouble to some filipinos i guess its not for them 😉 its all about humility love and care filipinos love care and hospitable but dont make mess on us bcoz we know how to fight for our country and our people we have a lot of refuggess here on the past upto now but we never like any trouble but doesnt mean we will tolerate rudeness of some foreigner 😃😃😃 we dont allow any illegal activities here
Hi Jeffery wow so nice if the ohikiooines to allow migrants to kive free ..as mentioned I need to keep away from phikiooine policy as I'm firienger .but looks like a really nice deal for migrants ..as king as no issues or law breaking
I'm from Davao City sir..if I'm yours..since you're not a Philippine citizen yet. You can have a condo. After 5 years or 10 years without going backhome in your country just like other foreigners did and you can apply for the Philippine citizenship.If you have a relationship with a Filipina,.you are choosing a woman who won't leave you. don't choose a woman who will just leave you, when you don't have a money in one day.
Thank you for your comment .I'm not looking for a condo as over priced and high management fees Regards fikioina I'm happy with my relationship and am not looking I have my phikiooine visa for the last 8 year and am content Take care and thank yiu
you cant own land or property in the philippines only condo unit seek for legal advice AI Overview Learn more Foreigners can own property in the Philippines in several ways, including: Condominiums Foreigners can own condominium units, as long as foreign ownership in the condominium corporation does not exceed 40%. Long-term leases Foreigners can lease land in the Philippines for a maximum period of 50 years, with a possible renewal for an additional 25 years. Corporations Foreigners can indirectly own land through a corporation with at least 60% Filipino ownership. Marriage to a Filipino citizen A foreigner can hold title to property in the Filipino partner's name if they are married to a Filipino citizen. Inheriting property Foreigners can inherit property in the Philippines if they are legal heirs, such as through a Filipino spouse.
Evening Jeffery great cover on property Purchase ..and ownership here in ohikiooines ..there are some people who still try and sell property to me who say I can own the land and property ..but as I explain I cannot own...property...the only land I can own rightfully is my memeriisl plot .. All your other points are covering all options thank you...
@@garrykneale YOU CAN ONLY CONDO BUT ONLY 40 PERCENT AND 60 PERCENT OWN BY FILIPINO OR IF YOU MARRY FILIPINA IM NOT SURE ABOUT THE BUSSINES THING MAYBE YOU NEED TO ASK FOR LEGAL ADVICE RATHER THAN MADE MISTAKE SORRY IM CAPITAL MY TYPE BCOZ I HAVE PROBLEM WITH MY EYES BLURRED DIZZY ALWAYS
I “wasted “ the equivalent of $17K on a Davao property in 1992. A conservative estimate as of today is around $200 K USD. Actually one of my better investments. Averaging a little over 15% a year I will admit investing in Mindanao in the early 90’s was a dicey
have you guys know why its hard to own properties here as foreigner our government is smart many reported as shabu shipting in our country and some illegal activities like Pogo or casino etc this means that we will not tolerate such as wrong doing and some foreigner on the past make war in co filipinos which they getting rude on us before we allow it but now majority wants filipinos to be the owner bcoz of many bad on the past meaning the foreigner came here made such a huge violation on our law now you all know why
@@garrykneale well im not majorize im just stating some facts regarding on why our government wont allow foreigner to own properties theres a way but only condo and 40 percent own only not all foreigner is bad ok let just live in peace and love 😍😍
Are you planning to buy real estate/property at some time? We’ve done it a few times. Ping me a message if you have any questions. Of course, I know nothing 😂 as it’s my wife who handles anything related to the Philippines. I don’t have the time or patience 😂
I believed our laws here does not allow foreigner to own a property, unless married to a filipina citizen as well as converting your citizenship to filipino. You also have to be careful buying a property and needs to inquire to the city LAND MUNICIPALITY if the property is really owned by the vendor or seller before purchasing to avoid being scammed and due dilegence is A1. GOD BLESS U.
Yes foreigners can't own land but can lease property or own cindi There partner if gikioinibcab own the land and lease property to Asawa..make or female Agree dye diligence at town hall is required unless siblings get hold of family documentation ..then you for comment and watching channel
@@garrykneale AI Overview Learn more Foreigners can own property in the Philippines in several ways, including: Condominiums Foreigners can own condominium units, as long as foreign ownership in the condominium corporation does not exceed 40%. Long-term leases Foreigners can lease land in the Philippines for a maximum period of 50 years, with a possible renewal for an additional 25 years. Corporations Foreigners can indirectly own land through a corporation with at least 60% Filipino ownership. Marriage to a Filipino citizen A foreigner can hold title to property in the Filipino partner's name if they are married to a Filipino citizen. Inheriting property Foreigners can inherit property in the Philippines if they are legal heirs, such as through a Filipino spouse.
even your filipina have 60 percent own by your property surely your son daughter will transfer to them soon once your filipina wife become old so thats not a big deal anymore you still have 40 percent property own if you marry filipina so its not bad at all if you asking me its better than nothing😊😊😉😉
Whether it's a scam or a misunderstanding. The Philippine real estate market is a proper minefield. Be very careful before jumping in to buy your dream property. It could easily turn out to be a very expensive nightmare 😫 😩.
Thanks for sharing.
Hi Davao Dave agree it's a minefield for everyone other than the rich...I'm very mindful of the pitfalls I've seen on other channels and chatting with people here ..
The Philippines can test your patience sometimes. Never take anything for granted. Trust but verify 🙂
Yes the country test people's sanity and resolve. Verify and cthanj you watching channel
Becareful with real estate in the Philippines, many homicides involve property.
Wow that's scary .homicides due to purchase properties..will remember
These problems should be solved beforehand by the buyers solicitors. So buyers really have to understand and cover every eventuality and inform their solicitors what they expect them to do.
So you need to tell the solicitor how to do their job? Are you stupid.
Scary if your solicitor does not understand the law behind property Purchase....
oh one more thing i think refuggeess is also allowed to live here for long time just if there no violation that they made here and they just live in peaceful live thats the time we allow them but if they getting into trouble to some filipinos i guess its not for them 😉 its all about humility love and care filipinos love care and hospitable but dont make mess on us bcoz we know how to fight for our country and our people we have a lot of refuggess here on the past upto now but we never like any trouble but doesnt mean we will tolerate rudeness of some foreigner 😃😃😃 we dont allow any illegal activities here
Hi Jeffery wow so nice if the ohikiooines to allow migrants to kive free ..as mentioned I need to keep away from phikiooine policy as I'm firienger .but looks like a really nice deal for migrants ..as king as no issues or law breaking
Buyer beware
I have to agree..I was surprised when talking to these guys over coffee...I was wondering how much it's going to cost to sort out
I'm from Davao City sir..if I'm yours..since you're not a Philippine citizen yet. You can have a condo. After 5 years or 10 years without going backhome in your country just like other foreigners did and you can apply for the Philippine citizenship.If you have a relationship with a Filipina,.you are choosing a woman who won't leave you. don't choose a woman who will just leave you, when you don't have a money in one day.
Thank you for your comment .I'm not looking for a condo as over priced and high management fees
Regards fikioina I'm happy with my relationship and am not looking
I have my phikiooine visa for the last 8 year and am content
Take care and thank yiu
you cant own land or property in the philippines only condo unit seek for legal advice AI Overview
Learn more
Foreigners can own property in the Philippines in several ways, including:
Condominiums
Foreigners can own condominium units, as long as foreign ownership in the condominium corporation does not exceed 40%.
Long-term leases
Foreigners can lease land in the Philippines for a maximum period of 50 years, with a possible renewal for an additional 25 years.
Corporations
Foreigners can indirectly own land through a corporation with at least 60% Filipino ownership.
Marriage to a Filipino citizen
A foreigner can hold title to property in the Filipino partner's name if they are married to a Filipino citizen.
Inheriting property
Foreigners can inherit property in the Philippines if they are legal heirs, such as through a Filipino spouse.
Evening Jeffery great cover on property Purchase ..and ownership here in ohikiooines ..there are some people who still try and sell property to me who say I can own the land and property ..but as I explain I cannot own...property...the only land I can own rightfully is my memeriisl plot ..
All your other points are covering all options thank you...
@@garrykneale YOU CAN ONLY CONDO BUT ONLY 40 PERCENT AND 60 PERCENT OWN BY FILIPINO OR IF YOU MARRY FILIPINA IM NOT SURE ABOUT THE BUSSINES THING MAYBE YOU NEED TO ASK FOR LEGAL ADVICE RATHER THAN MADE MISTAKE SORRY IM CAPITAL MY TYPE BCOZ I HAVE PROBLEM WITH MY EYES BLURRED DIZZY ALWAYS
you can get a lawyer to do a 'irrevocable deed of conveyance' most people never heard of it.
That's a good suggesting
Who in their right mind would waste good $$ on RE there??
I “wasted “ the equivalent of $17K on a Davao property in 1992. A conservative estimate as of today is around $200 K USD. Actually one of my better investments. Averaging a little over 15% a year
I will admit investing in Mindanao in the early 90’s was a dicey
If you invest right you can get good rewards. But people invest in a place to call home .life is cheaper here ..
Now that's a good return ..enjoy and thank you watching channel
Investment
Definitely need a solicitor that's on the ball ...
Agree get a good one you trust and who knows the laws fully
Better contact some logger same forever how live on the Philippines
Yes there are blogger in ohikiooines posting about life and what there doing .thank you watching channel
have you guys know why its hard to own properties here as foreigner our government is smart many reported as shabu shipting in our country and some illegal activities like Pogo or casino etc this means that we will not tolerate such as wrong doing and some foreigner on the past make war in co filipinos which they getting rude on us before we allow it but now majority wants filipinos to be the owner bcoz of many bad on the past meaning the foreigner came here made such a huge violation on our law now you all know why
You have some good points and yes lots of foreigners disrespect phikiooines and there laws and culture...
@@garrykneale well im not majorize im just stating some facts regarding on why our government wont allow foreigner to own properties theres a way but only condo and 40 percent own only not all foreigner is bad ok let just live in peace and love 😍😍
Are you planning to buy real estate/property at some time? We’ve done it a few times. Ping me a message if you have any questions. Of course, I know nothing 😂 as it’s my wife who handles anything related to the Philippines. I don’t have the time or patience 😂
I will ping you if going to purchase ..what are her charges .
I believed our laws here does not allow foreigner to own a property, unless married to a filipina citizen as well as converting your citizenship to filipino. You also have to be careful buying a property and needs to inquire to the city LAND MUNICIPALITY if the property is really owned by the vendor or seller before purchasing to avoid being scammed and due dilegence is A1. GOD BLESS U.
Yes foreigners can't own land but can lease property or own cindi
There partner if gikioinibcab own the land and lease property to Asawa..make or female
Agree dye diligence at town hall is required unless siblings get hold of family documentation ..then you for comment and watching channel
being married to a filipino wife does not allow you to own land.
you can never become a filipino citizen or "convert your citizenship".
@@garrykneale AI Overview
Learn more
Foreigners can own property in the Philippines in several ways, including:
Condominiums
Foreigners can own condominium units, as long as foreign ownership in the condominium corporation does not exceed 40%.
Long-term leases
Foreigners can lease land in the Philippines for a maximum period of 50 years, with a possible renewal for an additional 25 years.
Corporations
Foreigners can indirectly own land through a corporation with at least 60% Filipino ownership.
Marriage to a Filipino citizen
A foreigner can hold title to property in the Filipino partner's name if they are married to a Filipino citizen.
Inheriting property
Foreigners can inherit property in the Philippines if they are legal heirs, such as through a Filipino spouse.
Make sure is intetocate not face
Thank you watching sorry delay in replying
even your filipina have 60 percent own by your property surely your son daughter will transfer to them soon once your filipina wife become old so thats not a big deal anymore you still have 40 percent property own if you marry filipina so its not bad at all if you asking me its better than nothing😊😊😉😉
Hi Jeffery yes good points in comment . Need to practice for children first ..but understand your umidea. Better than nothing
Be careful lot of scammers better in a condom better bank to bank so be better
Agree keep safe be careful..it's a mine field out there and as a foreigner you will all ways be cask cow
Better christian Pilipno not full you be because they afraid to God
Ok I didn't know that wow ..god bless keep safe