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How long can the naturalized money in the Philippines be refunded and can I buy a house in the Philippines?

Date: 2022-05-13 PageView: 1960

If you want to be naturalized in the Philippines, you need to live in the Philippines in accordance with the relevant regulations of the Philippines, and you can apply after a certain period of time. In the naturalization method of the Philippines, the corresponding naturalization application will be processed according to the different circumstances of the individual. Therefore, some people take a long time to become naturalized, while others can complete naturalization in a few months. So how long will the naturalized money in the Philippines be refunded, or when will the money we have invested be returned.

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How long can Philippine naturalization money be refunded

Many people choose to immigrate first before naturalization in the Philippines. When they immigrate, they need to make deposits in a designated bank in the Philippines. Some of these deposits are immovable, and some can be used to buy Philippine properties.. Then after naturalization, his immigration status has expired. After becoming a Filipino, this part of the deposit can be reused as long as it is applied, and there is no restrictive necessity. Real estate invested in the Philippines can continue to be used as a long-term residence in the Philippines. There is no impact. The specific refund time will be specified by the bank's business management. In accordance with the situation, this part of the money will be returned to the personal account.

Can I buy a house after naturalization in the Philippines

When dealing with Filipino immigrants, the money in the bank can be used to invest in Philippine real estate. After successful naturalization in the Philippines, it is equivalent to Filipinos, so whether you work in the Philippines or buy a house in the Philippines, you have the same rights as the local people. As long as you have money, you can buy a house anywhere. There are a lot of Chinese in the Philippines, so everyone can live here for a long time after buying a house in the Philippines.

There are many ways to become naturalized in the Philippines. It is more convenient to immigrate before naturalization. Immigrants to the Philippines can apply for deposits in designated banks. If you need it, you can consult our platform customer service and provide you with high-quality agency services to make your trip to the Philippines more smooth. Knowing more about immigration to the Philippines can make immigration easier.

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