Owning land in the Philippines: Myth, Legend or Stone Cold Reality

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Unless you can renounce your USA citizenship and pay the fees and bribes to get a Filipino citizenship you cannot own land in the Philippines. Period, end of story, finada.

Well then why the heck is your article so figging long? Alright my young Jedi I will enlighten you.

There are a variety of schemes that will let you 'control' land in the Filipinas and I am more than willing to share them with you.

First off, as a foreigner you can lease a piece of land for a truly minute monthly/yearly fee. 10-20 Bucks a year and you can have a 25 year lease, extendable for another 25 years. This gives you all the joys of ownership without the hassle. It also gives you time to build a tree farm and harvest the mahogany before your lease is due and in case any of you peoples haven't bothered looking a hectare of mahogany is worth somewhere in the vicinity of 50k+ after 15-20 years.

Secondly, marriage to a Filipina. If you've got the Filipino love of your life and are already through the Filipino dating and already settled on your Filipino girl, then marriage in the Philippines might be the way to go for you. If you put the property in her name and you can trust her, then yet again you are off to the races. If she dies you've got about a year to sell it to someone else before the government says, hey you're foreigner, sell it or lose it. Now this isn't the most ideal of arrangements for the untrusting foreigner. Putting the land in your wife's name might rub you the wrong way after past experiences. So if I were you and had put it in her name I'd get the 25 year lease with the optional extension and have her sign it. Then any blather about securing it for the children goes out the window. It's in her name, under your control and no Filipinas going to say its my property and leave you hanging.

Because I've heard a few horror stories about Filipino girls who get the man to put his life savings in her name and then screw him over. I'd go one further than just putting my name on the lease, if the property is in her name. I'd figure out a way to put someone else on the lease as well, just in case you can't be there. That way if you get permanently kicked out of the country, due to your money grubbing honey bee, she's still stuck dealing with you.

Marriage in the Philippines is all well and good. Frankly I highly recommend Filipino dating, falling head over heels with a Filipina, finding Filipino love and a Filipino girl and tying the knot or I would suggest living here. On the other hand lets keep one hand firmly on the ladder while we're here, why don't we.

Finally, there is your fort knocks protection. Which is forming a real estate corporation. Its 1k-2k to set up and the fees are maybe 200-500 per year to maintain, depending on if it's just a shell or you've got a real payroll and activity running through the thing. Unfortunately you can't have controlling interest in a Filipinas corporation. On the other hand you can have 40% ownership and sit on the board. The rest needs to be split up. That's why I say 12.5% to the honey bee, and pick 3 others Filipino girls citizens. This way Filipino love, Filipino dating and marriage to a Filipina don't loose you your life savings. This way if she votes with you then, when combined with your 25 year lease you are firmly in the drivers seat. If she doesn't, you only need one of three other shareholders to go along with you and she's kicked to the curb as far as your financial well-being is going.

But guys take it from me. When it comes to buying land here, the wife taking you for a ride is the last thing the Filipinas will try doing to you. They've got a whole host of tricks including selling you a false title. Get some help. If you need it I can give you the down low. 15 hectares purchased and counting.

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