Buying Property in the Philippines: A Foreigner’s Step-by-Step Guide

The white-sand beaches, heritage towns, majestic mountains, tropical rain forests, diving spots, and friendly locals are why the Philippines is a tourist destination for foreigners. The country is also home to more than 177,000 foreigners (and counting), based on the latest consensus.

If you are planning for retirement, a country like the Philippines allows you to stretch your funds further and let you live comfortably with your family. Dubbed the “Pearl of the Orient Seas,” this country comprises more than 7,000 islands that can cater to different lifestyles. Aside from the Philippines’s natural wonders, Filipinos are among the friendliest and most hospitable people in the world. They are generally fluent in English, so communication with them is easy. They also take pride in their food. Filipino cuisine leans towards sweet, sour, and salty food—something foreigners might be inclined to try. Healthcare, utilities, and tax prices are generally low compared to other countries, yet you can find good-quality leisure places in major cities like Manila and Cebu. And finally, the Philippines has a well-developed real estate sector to accommodate and assist you in securing housing. 

While non-Filipino citizens cannot own land in the Philippines, there are several exceptions to this rule. Owning a property is still possible through a long-term lease, co-ownership, or marriage to a Filipino citizen. Foreigners are also allowed to own residences and inherit property through intestate succession. Below is a visual guide that gives you all the information and pointers you need to buy a property in the Philippines should you decide to retire.