Many foreigners dream of buying a house and lot in the Philippines. This question clears up whether that’s legally possible through bank financing.
I want to buy a house and lot, not a condo. Can I do that using a bank loan even if I’m not Filipino?
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Oct 29, 2025 8:27 am
3 Replies
Oct 29, 2025 8:28 am
Unfortunately, foreigners cannot directly own land in the Philippines. A bank loan won’t change that restriction. You can, however, buy a condominium unit or invest through a corporation that’s 60% Filipino-owned. If you’re married to a Filipino citizen, the property can be under your spouse’s name.
Nov 27, 2025 8:30 am
Nope.. Foreigners cannot legally own land or houses unless 60% of property is owned by Filipinos
Nov 27, 2025 8:57 am
Here's the facts from Filipino lawyers: https://www.lordlaw.ph/foreign-ownership-of-real-estate#:~:text=%E2%80%9CReal%20properties%20are%20reserved%20only,and%20testament%20of%20a%20Filipino.&text=2.,Acquisition%20of%20Condominium%20Units.&text=A%20condominium%20unit%20may%20be,must%20be%2060%25%20Filipino%20owned.&text=6.,structures%2C%20separately%20from%20the%20land.