Well it has been a long time since I last wrote an article. Almost as long as the last time I got online to check comments from you, our readers. I apologize for not responding to any comments, but I have been busy running around getting moved in. I probably should have taken some time […]
Property Ownership in the Philippines
A big discussion on this website over the years has been focused on whether it is best to buy property or rent property when living in the Philippines. There are advocates for either side of the argument.
Foreigners are not allowed to own real property in the Philippines. So, you cannot buy land here if you are not a Natural Born Philippine Citizen. Now, if your spouse is a Filipino, then you can own a house here, although it will not be in your name, only in your spouses name. That can present an entirely different set of problems, but does offer a potential solution.
Foreigners CAN, however, own a condo unit, so that is another thing to keep in mind.
On the other hand, rental prices are very reasonable in the Philippines, so you can often rent for less than buying.
The archived articles below explore the subject and will help you understand the dilemma.
If you are looking for property rent or to buy in the Philippines, you can check our Real Estate Section to find the property that is right for you.
http://media.blubrry.com/lip/p/s3.amazonaws.com/MBPodcasts/EAM0011.mp3Podcast: Play in new window | Download | Embed Hi friends! It’s Podcast day again today! Because of that, I am back with another episode of the Expat Answer Man! I hope you have been enjoying the show, I have been finding it fun to do a voice post instead of just written words. I […]
This year marks a significant milestone for us. Marlyn and I are half owners of a student boarding house in Bayombong, the provincial capital of Nueva Vizcaya. We have now been in business for 10 years. Back in 2003, Marlyn, her sister, and brother-in-law were looking for a business investment in the Philippines. They knew […]
I was out to sea most of the time while my house was being built so I didn’t see that much of the construction. Plus living here for over 20 years I never took the time to give it much attention until September 2014. That has opened my eyes. The roosters are gone next door, […]
http://media.blubrry.com/lip/p/s3.amazonaws.com/MBPodcasts/EAM0002.mp3Podcast: Play in new window | Download | Embed Well, I am back again with my Podcast called “The Expat Answer Man“. To listen to the Podcast, just click on the play button of the audio player that you will see just above this article. Today is the very second episode of this podcast, but I hope […]
Details in House Construction can haunt you later on! Are you Losing your Mind Trying to Figure out House Construction? Where to Buy South of Manila and How to Do It – A Primer As many of you know, I constructed my own house and hired the contractor, performed oversight in the construction, and at […]