Live in the Philippines helps expats with visas, moving and other services regarding 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.
When Bob and I went to Gensan a few weeks ago. We swing by to see our friend Mike and Greeny who lived in Glan, Sarangani Province. They just finished up building their dream house. I really wanted to talked to Greeny, since she’s the one who design their house. I was so impressed with […]
