Analysis of common problems in immigration to the Philippines

How long is the life of real estate in the Philippines?

A: The Philippines is privately owned, and most properties, whether apartments or villas with land, are permanent property rights.

Is the delivery and transshipment in the Philippines carried out at the same time?

Answer: When the owner gets the permanent title certificate, he will pay the house price first and then transfer the ownership, with a difference of about 90 working days.

How much does it cost to buy a house in the Philippines?

A: The taxes and fees required to buy a house in the Philippines are as follows.

The transfer fee is 0.75% of the total contract price;

65438+ 0.5% stamp duty of the total contract price;

Property tax for single rooms to five rooms, 20,000-50,000 pesos/year;

The registration fee is relatively small (calculated by formula, several thousand RMB).

Can I open a bank account in the Philippines?

A: Philippine law requires me to go to the bank in person and hold two valid documents. Passport and SRRV are available. A tourist visa cannot open a bank account in the Philippines.

Is Philippine real estate a permanent property right?

A: Yes. Compared with China's 70-year-old property right, Philippine real estate is permanent property right. Foreigners and Filipinos are treated equally and can have them forever.

What are the advantages of investing in the Philippines?

A: At present, no country in the world that provides offshore company registration services can provide green cards (permanent residence visas) for investors who meet the standards of offshore companies. Only the Philippines can provide such conditions. In addition, the preferential conditions such as registration, annual inspection and taxation are low. Compared with Hong Kong, Bermuda and Virgin Islands, the Philippines has the comparative advantage of green card visa, so it is a good place for tax avoidance and investment.

Is the voltage in the Philippines the same as that in China?

The voltage in the Philippines is 220 ~ 240 V, and all household appliances can be used safely. Sockets are mostly flat with two feet, and both circular plugs and triangular plugs need converters.

How much is the mobile phone card in the Philippines?

The development of communication network in the Philippines is relatively backward, and its performance and reliability are not satisfactory. Telecom industry has long been monopolized by PLDT. Later, with the deregulation and the introduction of competition, GLOBE, SMART, Philippine digital telecommunications and so on gradually appeared. At present, the fixed telephone service and network service are mainly operated by PLDT, and the mobile communication service is mainly operated by GLOBE and SMART. The mobile phone is GMS standard, and the domestic mobile phone with the same standard can be used by changing a SIM card locally.

Mobile phone calls in the Philippines are not roaming. No matter how far away the country is, no matter in the same province or city, the mobile phone calls 6 ~ 7 pesos/minute, and the mobile phone calls landlines 10 ~ 12 pesos/minute, and each message 1 peso. For international calls, you can use PLDT budget card of Philippine long-distance telephone company, 5 pesos/minute; Add128,8 pesos/minute in front of the mobile phone (Universal Picture); Use SUN IDD card, 2 pesos/minute.