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Thread: I would like to know the surnames of the people who bought these?

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  1. #1
    Respected Member andy222's Avatar
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    Well I'm telling you the gender. What I am saying is the land remains in the name of the filipino. If foreign investors buy property here, most of the time they buy the land with it. I think it is right for the land in the Philippines to remain in the name of the filipino. . That's the way it should be here in my opinion.


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    Respected Member SimonH's Avatar
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    Quote Originally Posted by andy222 View Post
    Well I'm telling you the gender. What I am saying is the land remains in the name of the filipino. If foreign investors buy property here, most of the time they buy the land with it. I think it is right for the land in the Philippines to remain in the name of the filipino. That's the way it should be here in my opinion.

    Unless you own 40% of a Philippines company


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    Respected Member andy222's Avatar
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    Leasing land in the Philippines on a long term basis is an option for foreigners or foreign corporations with more than 40 percent foreign equity. Under the Investor's Lease Act of the Philippines a foreign national and or corporation may enter into a lease agreement with Filipino landowners for an initial period of up to 50 years renewable once for an additional 25 years. Lease not own.


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