Job Recruitment Website - Immigration policy - How to buy a house in the Philippines

How to buy a house in the Philippines

If you want to buy a villa in the Philippines, you can only apply for investment immigrants and retired immigrants. First of all, you have to open an account with China Bank in the Philippines, and then deposit 50,000 US dollars (this money can't be used), which can only be used for their designated investment projects.

Foreigners can buy suites in the Philippines, but they can't buy villas or land.

In fact, housing prices in the Philippines are not cheap. If you buy a house in Manila, look at the road section. If it is in Pasi, the house price is about 2 1 square meter. If it is in Universal City, the house price will be higher than Percy's. Are all within the scope of Manila's big cities.

Of course, there is another way to buy a house in the Philippines. If you rent a house on the beach outside the island, it will become the private property of the renter after five years.