Can foreigners own or have interests in Philippine condos?
Ownership of land in the Philippines is regulated by the 1987 Constitution and the Public Land Act, among others. The Constitution provides that except in cases of hereditary succession, only those individuals, corporations and associations allowed to acquire or hold lands in the public domain can acquire private lands. Read the article………..
QUESTION: Rltr. John, The Bureau of Internal Revenue (BIR) has just released Revenue Memorandum Circular (RMC) No. 65-2012 which says
MANY people living in subdivisions and villages are not aware that a law had been passed mandating the rules and
Dear PAO, I am one of the officers of our homeowners’ association. Lately, there are members who refuse to pay