{"id":56,"date":"2019-04-20T18:18:19","date_gmt":"2019-04-20T09:18:19","guid":{"rendered":"https:\/\/asia-prop.com\/?p=56"},"modified":"2022-06-11T17:55:43","modified_gmt":"2022-06-11T08:55:43","slug":"correct-way-of-investment-for-philippines","status":"publish","type":"post","link":"https:\/\/asia-prop.com\/en\/column\/correct-way-of-investment-for-philippines\/","title":{"rendered":"Easy to understand real estate investment and legal system in the Philippines!"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_36_1 counter-hierarchy ez-toc-counter ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">table of contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" style=\"display: none;\"><label for=\"item\" aria-label=\"Table of contents\"><span style=\"display: flex;align-items: center;width: 35px;height: 30px;justify-content: center;\"><svg style=\"fill: #999999;color:#999999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewbox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999999;color:#999999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewbox=\"0 0 24 24\" version=\"1.2\" baseprofile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/label><input type=\"checkbox\" id=\"item\"><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/asia-prop.com\/en\/column\/correct-way-of-investment-for-philippines\/#%E3%83%95%E3%82%A3%E3%83%AA%E3%83%94%E3%83%B3%E3%81%AE%E4%B8%8D%E5%8B%95%E7%94%A3%E6%8A%95%E8%B3%87%E3%80%81%E6%B3%95%E5%88%B6%E5%BA%A6%E3%82%92%E5%88%86%E3%81%8B%E3%82%8A%E3%82%84%E3%81%99%E3%81%8F%E8%A7%A3%E8%AA%AC%EF%BC%81\" title=\"Easy to understand real estate investment and legal system in the Philippines!\">Easy to understand real estate investment and legal system in the Philippines!<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/asia-prop.com\/en\/column\/correct-way-of-investment-for-philippines\/#%E3%83%95%E3%83%AA%E3%83%BC%E3%83%9B%E3%83%BC%E3%83%AB%E3%83%89%E3%81%A8%E3%83%AA%E3%83%BC%E3%82%B9%E3%83%9B%E3%83%BC%E3%83%AB%E3%83%89%EF%BC%88%E6%89%80%E6%9C%89%E6%A8%A9%E3%81%A8%E5%80%9F%E5%9C%B0%E6%A8%A9%EF%BC%89\" title=\"Freehold and leasehold (ownership and leasehold) \">Freehold and leasehold (ownership and leasehold) <\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/asia-prop.com\/en\/column\/correct-way-of-investment-for-philippines\/#%E4%B8%8D%E5%8B%95%E7%94%A3%E3%83%AA%E3%83%BC%E3%82%B9\" title=\"Real estate leasing\">Real estate leasing<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/asia-prop.com\/en\/column\/correct-way-of-investment-for-philippines\/#%E5%9C%9F%E5%9C%B0%E3%83%BB%E4%B8%8D%E5%8B%95%E7%94%A3%E3%81%AE%E7%99%BB%E8%A8%98\" title=\"Land \/ real estate registration\">Land \/ real estate registration<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/asia-prop.com\/en\/column\/correct-way-of-investment-for-philippines\/#%E7%91%95%E7%96%B5%E6%8B%85%E4%BF%9D%E8%B2%AC%E4%BB%BB%EF%BC%88%E6%B6%88%E8%B2%BB%E8%80%85%E4%BF%9D%E8%AD%B7%EF%BC%89\" title=\"Defect warranty liability (consumer protection)\">Defect warranty liability (consumer protection)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/asia-prop.com\/en\/column\/correct-way-of-investment-for-philippines\/#%E3%81%9D%E3%81%AE%E4%BB%96%E3%80%81%E5%A4%96%E8%B3%87%E3%81%B8%E3%81%AE%E8%A6%8F%E5%88%B6%E3%82%84%E5%84%AA%E9%81%87%E6%8E%AA%E7%BD%AE\" title=\"Other restrictions and preferential treatment for foreign capital\">Other restrictions and preferential treatment for foreign capital<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/asia-prop.com\/en\/column\/correct-way-of-investment-for-philippines\/#%E3%83%95%E3%82%A3%E3%83%AA%E3%83%94%E3%83%B3%E4%B8%8D%E5%8B%95%E7%94%A3%E6%8A%95%E8%B3%87%E3%80%81%E3%81%BE%E3%81%A8%E3%82%81\" title=\"Philippines Real Estate Investment, Summary\">Philippines Real Estate Investment, Summary<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"%E3%83%95%E3%82%A3%E3%83%AA%E3%83%94%E3%83%B3%E3%81%AE%E4%B8%8D%E5%8B%95%E7%94%A3%E6%8A%95%E8%B3%87%E3%80%81%E6%B3%95%E5%88%B6%E5%BA%A6%E3%82%92%E5%88%86%E3%81%8B%E3%82%8A%E3%82%84%E3%81%99%E3%81%8F%E8%A7%A3%E8%AA%AC%EF%BC%81\"><\/span>Easy to understand real estate investment and legal system in the Philippines!<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>For real estate in Japan, we were able to obtain stable income gains, but from now on, we must consider overseas with high potential. .. .. ..<\/p>\n\n\n\n<p>I often hear stories like this from my friend, a real estate owner. In addition, there have been an increasing number of requests for a rough overview. <br><\/p>\n\n\n\n<p>Therefore, this time, I will explain in an easy-to-understand manner the legal system of the Philippines, which boasts the highest population growth rate in the world, so that even beginners of overseas real estate investment can understand it firmly.<\/p>\n\n\n\n<p>If you are interested in overseas real estate investment, please refer to it. <\/p>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"%E3%83%95%E3%83%AA%E3%83%BC%E3%83%9B%E3%83%BC%E3%83%AB%E3%83%89%E3%81%A8%E3%83%AA%E3%83%BC%E3%82%B9%E3%83%9B%E3%83%BC%E3%83%AB%E3%83%89%EF%BC%88%E6%89%80%E6%9C%89%E6%A8%A9%E3%81%A8%E5%80%9F%E5%9C%B0%E6%A8%A9%EF%BC%89\"><\/span>Freehold and leasehold (ownership and leasehold) <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><a href=\"http:\/\/asia-prop.com\/wp-content\/uploads\/2019\/03\/manila-4.jpg\"><img decoding=\"async\" loading=\"lazy\" src=\"http:\/\/asia-prop.com\/wp-content\/uploads\/2019\/03\/manila-4.jpg\" alt=\"manila 4\" class=\"wp-image-6364\" width=\"461\" height=\"306\" srcset=\"https:\/\/asia-prop.com\/wp-content\/uploads\/2019\/03\/manila-4.jpg 902w, https:\/\/asia-prop.com\/wp-content\/uploads\/2019\/03\/manila-4-300x200.jpg 300w\" sizes=\"(max-width: 461px) 100vw, 461px\" \/><\/a><\/figure>\n\n\n\n<h3>For Filipino citizens<\/h3>\n\n\n\n<p>\u30fb All rights such as free hold (ownership) and leasehold (leasehold) are granted for land and condominiums. <\/p>\n\n\n\n<h3>For foreigners or foreign companies (41% or above is foreign capital)<\/h3>\n\n\n\n<p>\u30fb Land ownership is not recognized.<\/p>\n\n\n\n<p>\u30fb The leasehold right of land is recognized.<\/p>\n\n\n\n<p>\u30fb Ownership of all condominiums is permitted up to 40%.<\/p>\n\n\n\n<p>\u30fb Sublease of condominiums is permitted.<\/p>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"%E4%B8%8D%E5%8B%95%E7%94%A3%E3%83%AA%E3%83%BC%E3%82%B9\"><\/span>Real estate leasing<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>-Under the Constitution, land ownership is limited to Filipinos.<\/p>\n\n\n\n<p>\u30fb For investment purposes by foreign investors, the maximum is 50 years, and the renewal is 25 years only once. For non-investment purposes, the maximum is 25 years and the renewal is a one-time 25 years.<\/p>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"%E5%9C%9F%E5%9C%B0%E3%83%BB%E4%B8%8D%E5%8B%95%E7%94%A3%E3%81%AE%E7%99%BB%E8%A8%98\"><\/span>Land \/ real estate registration<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p> Similar to the registration system in Japan, the Philippines has a solid registration system. A registration system called the Trends System is adopted, and a registration certificate is issued by the government.<\/p>\n\n\n\n<p>\u30fb Registration targets are land and condominiums.<\/p>\n\n\n\n<p>\u30fb Real estate for which leasehold rights and mortgages have been set must be entered in the register.<\/p>\n\n\n\n<p>\u30fb When claiming the right of unregistered real estate, the property tax return, etc. will be the proof of the ownership of the land.<\/p>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"%E7%91%95%E7%96%B5%E6%8B%85%E4%BF%9D%E8%B2%AC%E4%BB%BB%EF%BC%88%E6%B6%88%E8%B2%BB%E8%80%85%E4%BF%9D%E8%AD%B7%EF%BC%89\"><\/span>Defect warranty liability (consumer protection)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Generally, the seller is responsible for one year after purchasing the condominium. The scope of liability is the replacement or repair of interior parts, materials used in the interior, defects caused by the skill of craftsmen. Aged deterioration and natural wear are not included.<\/p>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"%E3%81%9D%E3%81%AE%E4%BB%96%E3%80%81%E5%A4%96%E8%B3%87%E3%81%B8%E3%81%AE%E8%A6%8F%E5%88%B6%E3%82%84%E5%84%AA%E9%81%87%E6%8E%AA%E7%BD%AE\"><\/span>Other restrictions and preferential treatment for foreign capital<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>\u30fb The method of hiring Filipinos and using a dummy company is prohibited by the Anti-Dummy Law and is invalid.<\/p>\n\n\n\n<p>\u30fb Although you can establish a corporation and own land through the corporation, the stock is up to 40%.<\/p>\n\n\n\n<p>-Manufacturing companies are 100% established by foreign capital, and the form of leasing from Filipino citizens and Filipino companies is often used in practice.<\/p>\n\n\n\n<p>-Foreign-affiliated companies are desirable to hold shares of 34% or more because the transfer of important operating assets, which is considered to be an important decision for strategic management, requires the consent of shareholders of 66.6% or more.<\/p>\n\n\n\n<p>\u30fb Transfer of important operating assets Since transfer of important operating assets requires the approval of two-thirds (66%) or more of shareholders, if the foreign capital owns 40%, it can avoid the sale by the Filipino side. .. <\/p>\n\n\n\n<p>\u30fb Since land lease rights and condominium sublease rights are transferable, this scheme is also used. On the other hand, if the owner dies or goes bankrupt, there are not many cases at present and it is a risk.<\/p>\n\n\n\n<h2 id=\"mce_30\"><span class=\"ez-toc-section\" id=\"%E3%83%95%E3%82%A3%E3%83%AA%E3%83%94%E3%83%B3%E4%B8%8D%E5%8B%95%E7%94%A3%E6%8A%95%E8%B3%87%E3%80%81%E3%81%BE%E3%81%A8%E3%82%81\"><\/span>Philippines Real Estate Investment, Summary<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>This time, I have explained the legal system that I want to suppress before investing in the Philippines.<\/p>\n\n\n\n<p>If you have any questions, please feel free to contact us.<\/p>\n\n\n\n<p>In this blog, in addition to the Philippines, we will explain the economies and laws of regions with high growth potential such as Vietnam, Cambodia and Bangladesh, and regions with high future wealth such as Hong Kong, Shenzhen, Hawaii and San Francisco. ..<\/p>\n\n\n\n<figure class=\"wp-block-embed-wordpress wp-block-embed is-type-wp-embed is-provider-\u30db\u30fc\u30c1\u30df\u30f3\u306e\u4e0d\u52d5\u7523\u306e\u8cfc\u5165\u30fb\u6295\u8cc7\u30fb\u58f2\u5374\u30fb\u8cc3\u8cb8\uff5c\u9234\u6728\u4e0d\u52d5\u7523\"><div class=\"wp-block-embed__wrapper\">\nhttps:\/\/asia-prop.com\/column\/philippine-investment-prospects-for-2019\/\n<\/div><figcaption><br><br><\/figcaption><\/figure>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div style=\"height:5px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"is-content-justification-center is-layout-flex wp-container-1 wp-block-buttons\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-background wp-element-button\" href=\"https:\/\/asia-prop.com\/en\/contact\/\" style=\"border-radius:10px;background-color:#ffa41c\">Inquiries about Condominiums for rent (free)<\/a><\/div>\n<\/div>\n\n\n\n<div style=\"height:35px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div style=\"height:0px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>","protected":false},"excerpt":{"rendered":"<p>Easy to understand real estate investment and legal system in the Philippines! With real estate in Japan, we were able to obtain a stable income gain, but from now on we must consider overseas with high potential. .. .. .. From a friend&#039;s real estate owner ...<\/p>","protected":false},"author":1,"featured_media":64133,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0},"categories":[67,147],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/asia-prop.com\/en\/wp-json\/wp\/v2\/posts\/56"}],"collection":[{"href":"https:\/\/asia-prop.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/asia-prop.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/asia-prop.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/asia-prop.com\/en\/wp-json\/wp\/v2\/comments?post=56"}],"version-history":[{"count":30,"href":"https:\/\/asia-prop.com\/en\/wp-json\/wp\/v2\/posts\/56\/revisions"}],"predecessor-version":[{"id":92597,"href":"https:\/\/asia-prop.com\/en\/wp-json\/wp\/v2\/posts\/56\/revisions\/92597"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/asia-prop.com\/en\/wp-json\/wp\/v2\/media\/64133"}],"wp:attachment":[{"href":"https:\/\/asia-prop.com\/en\/wp-json\/wp\/v2\/media?parent=56"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/asia-prop.com\/en\/wp-json\/wp\/v2\/categories?post=56"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/asia-prop.com\/en\/wp-json\/wp\/v2\/tags?post=56"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}