THE LAW ON FOREIGN OWNERSHIP OF LAND AND CONDO IN THE PHILIPPINES Know the law, rules and regulations on foreign ownership of land and condominium in the Philippines by checking the information provided below: The Right To Own Philippine Property The general rule is that only Filipino citizens and corporations or partnerships, at least 60% Philippine owned are entitled to acquire land in the...
Fastest growing Economy Economic growth is measured by certain parameters. These parameters include expenditure on food, housing, power, fuel, and transport and communications. Investments in education and medical facilities are important indicators of economic development. Economic growth is also dependent on population size, available labor force, fertility and mortality rates, per...
Here's an initial article about "Lis Pendens" for your reference. I will add on to this post to keep you posted on any development of my friend's case to cancel this nuisance action by a relative who is after the property. Take note that there are specific requirements needed by the Register of Deeds to annotate a Lis Pendens on a title, however, there are irregularities still being practiced by...
Hello everyone, So sorry for the delay in this newsletter as we’ve been swamped with inquiries and researching properties for personal clients has been more than just a challenge. I will do a more comprehensive newsletter in a few weeks for now, I believe this will be sufficient to keep you abreast with the current real estate market. Residential : This segment has...
WHAT IS THE SRRVisa? The Special Resident Retiree’s Visa (SRRVisa) is a special non-immigrant resident visa that provides its holders with multiple-entry and indefinite stay status in the Philippines. It also grants Tax-Free incentives and privileges as well as value-added services and benefits that they can avail of from our partner establishments such as hotels, resorts, retirement facilities,...
hello everyone, once again this year is going by fast as summer and holy week is almost just around the corner. the philippine real estate market continues to be strong and remains very much a seller's market. shortage of inventories and sellers raising their prices or pulling their property out of the market has become a situation we've had to deal with ! for your info, i recently...
In Your Home – Conserve Energy Clean or replace air filters on your air conditioning unit at least once a month. If you have central air conditioning, do not close vents in unused rooms. Lower the thermostat on your water heater to 120. Wrap your water heater in an insulated blanket. Turn down or shut off your water heater when you will be away for...
hello everyone, here's an article taken out of the website of Bureau of Internal Revenue with regards to real estate taxes that may shed some light on issues you're not aware of. Frequently Asked Questions 1) What is meant by capital asset? Capital asset means property held by the taxpayer (whether or not connected with his trade or business), but does not include – a) stock in trade...
Green homes are important in today's world. People are looking for them everywhere they go. Some people think they are expensive to make, but there are easy ways to turn your home green for cheap. Carpet. Did you know that 1 out of every four recycled plastic bottles is produced into carpet? That is more than three billion bottles every year! Select carpet produced from renewable or recycled...
hello everyone, as mentioned in my previous blogs, this website is continuously being improved in order to provide timely information on philippine properties available, breaking news, new laws and procedures that may have a direct impact on the real estate market. one of the weekly updates i will be doing is providing you the latest property listings from friends and clients. should you know...
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