Foreigners Owning Condominiums & Townhouses in the Philippines
Foreigners Owning Condominiums & Townhouses in the Philippines The Condominium Act of the Philippines, R.A. 4726, expressly allows foreigners to acquire condominium units and shares in condominium corporations up to not more than 40% of the total and outstanding capital stock of a Filipino owned or controlled condominium corporation. However, there are a very few …
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