02/01/2026
Did you know that foreigners can own condos in the Philippines? 🤩 Under Republic Act No. 4726, also known as The Condominium Act, foreigners can buy and own condominium units as long as foreign ownership in the entire project doesn't exceed 40% 🌟.
This means that as a foreigner, you can invest in a Philippine condo, but you'll need to ensure that the project is within the 40% foreign ownership limit. It's a great way to own a piece of the Philippines, whether for personal use, rental income, or long-term investment 📈.
Remember to check the project's foreign ownership status and ensure compliance with the law before making a purchase 💪.
Want to know more about buying condos in the Philippines as a foreigner? 😊