Foreigners can enter into long-term lease agreements for land, typically for 50 years , with a potential renewal for another 25 years. 2. Alternative Ownership Pathways
Paid to the Registry of Deeds for the new title issuance. buy a filipino
Pay the transfer and documentary taxes at the BIR to receive a Certificate Authorizing Registration (CAR). Foreigners can enter into long-term lease agreements for
You can purchase property in the name of your Filipino spouse. Your name will not be on the title (TCT), but it can be included in the Sales and Purchase Agreement. typically for 50 years
Approximately 1.5% of the property value.