What visa can I buy a house in the Philippines?

Many people want to buy a house in the Philippines, whether it is for investment or for living. However, many people do not understand what visa to hold in the Philippines to buy a house in the Philippines. Today EasyGo Easy Travel International will explain what visa allows foreigners to buy a house in the Philippines.

What visa allows foreigners to buy a house in the Philippines?

Buying a house has always been the wish of many people. The real estate in the Philippines has great potential for development. The national economy of the Philippines is developing faster and faster, and urban construction is getting better and better. Commercial houses have sprung up. It is suggested to buy a house in Manila. There are many subway lines here. The house price here will rise in the future.

Holders of Philippine 13A visa can buy a house in the Philippines. 13A visa is a permanent residence visa. You need to marry a Filipino to obtain a visa. However, holders can only buy commercial housing. Houses with land cannot be bought. If you want to buy land in the name of your wife, this difficulty will be solved. In addition to holding a Philippine 13A visa to buy a house, people who apply to the Philippine Retired Immigrant Smile Program can also buy a house, but they can only buy a house from a developer designated by the government.

Visa can only be used to buy a house, so how can I buy land?

The land in the Philippines is only open to its own citizens. Once the transaction is successful, the land is privately owned, permanently owned and can be passed on to future generations. Therefore, foreigners who want to buy a house in the Philippines must first become Filipino nationality. The way to become Filipino nationality is to obtain 13A visa, retirement immigrant and investment immigrant visa for ten years before applying for naturalization. Another way is to be born. Birth naturalization means that people born in the Philippines can be naturalized. The proof material is Philippine birth paper. If Philippine birth paper is obtained through overseas Chinese recognition of relatives, it is no problem to join Filipino nationality.

The article answers what visa can be used to buy a house in the Philippines, and also answers how to buy land in the Philippines. Buying a house and buying a land in the Philippines are completely different concepts. The above is the whole content of the article.