Quote Originally Posted by fred View Post
Yeah Dave you can own the house but its not much good if you dont own the land that it sits on! After a separation the court will award everything to the Filipina and the foreigner will get ziltch.. I did post a test case here involving a German that tried his level best to get at least his share..He lost everything dismally.(not sure how to find it here to show you)

In regards the leasing thing... This is a definate no no as the courts here will judge that you were trying to sham the Filipino constitution..Safe to say thats an offence.
(same goes for setting up corperations etc)

There may be a glimmer of hope as congress has been discussing this issue amongst other proposed constitutional changes..
Who knows what will happen?
Fred, I can see where you're comeing from and to an extent I agree wth you

But I think countries like the phils put these ownership rules in place to prevent far richer foreigners from buying up a lot of land and then charging rent to generations of locals. And given the ratio between the £ and the peso, if they did not have these laws, everyone on this forum from the UK would probably own some land in the phils. Driving up prices beyond what a native could afford.