Tuesday, April 8, 2014

Dual Citizenship Laws on Real Estate Ownership in the Philippines



Dual citizenship means having two citizenship and passports from two different countries.
1) Former Filipino citizens born in the Philippines, but that have immigrated to another country and obtained citizenship of that country.
2) A foreign spouse married to a Filipino citizen.

Dual citizenship allows the citizenship holder full rights of possession of Philippine real property. Currently this is a new law stating that there is a limit of 1,000 sqm for residential house & lot ownership while for condo ownership remains no restriction.

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