Overview
- Foreign nationals can legally own property in the Philippines, especially when planning to invest or settle for the long term. Condominium ownership provides a secure and accessible option for non-Filipino citizens so long as national ownership laws are followed.
- With the right guidance and understanding of local regulations, they can confidently acquire residential units in prime locations like BGC. Aurelia Residences stands out as the ideal high-rise for foreigners can invest in to enjoy the best of what the district has to offer.
The idea of owning a high-rise in the Philippines holds distinct appeal for many foreign nationals. However, despite the country’s welcoming culture and growing international community, ownership concerns still rise to the surface, especially for those unfamiliar with local property laws.
If you find yourself wondering: Can a foreigner own a condominium in the Philippines? The answer is a definite yes, and the opportunities that follow are worth exploring. We’ll walk you through what makes ownership in the country possible and why it continues to attract discerning homeowners from around the world.
Foreign nationals are legally permitted to own residential condominium units in the country. This is made possible through the Condominium Act (Republic Act No. 4726), which permits foreign ownership of up to 40% of the total units in a development. This provision welcomes foreign residents while ensuring the majority ownership remains with Filipino citizens.
That said, availability may vary depending on how much of the allowable foreign quota has already been filled. It is advisable to consult with a qualified property advisor early in the process, as doing so will help ensure that all requirements are addressed with clarity and confidence.
Condominium ownership is a standard choice for many foreigners seeking properties in the country. Not only does it have simpler processes, but it also offers many perks that make living in the country worthwhile.
It’s no secret that overseas residents have concerns regarding whether their rights over a property will be recognized and secure. Owning a unit provides a direct, legally sound solution. Foreign individuals are allowed to purchase and register units under their name. This eliminates the need for complex proxy arrangements.
Upon purchase, the buyer receives a Condominium Certificate of Title issued by the Land Registration Authority. This formally serves as proof of ownership under Philippine law. The legal clarity it provides gives international buyers the confidence to make long-term plans, whether it’s about turning the unit into a permanent residence or leasing it out as part of an investment.
For many expatriates, the placement of their property shapes their daily experiences. This makes it essential for them to choose a prime location where they can enjoy both comfort and convenience. High-rise properties are often built in established city centers where all the essential services are already in place.
Bonifacio Global City (BGC) is a premier example. Living in a luxury condominium within this district puts citizens at the center of all its high-end establishments. Lifestyle destinations, such as Uptown Mall and Bonifacio High Street, offer dining, retail, and leisure venues with an international appeal. The presence of global brands and the charm of city living create a setting that helps overseas residents feel closer to home.
Condominiums offer a level of property management that is especially valuable for international homeowners. With a professional administrative team handling daily operations, residents can enjoy a worry-free experience as they go about their everyday routines. This type of residence is especially ideal for foreigners who intend to reside in the Philippines for the long term or hold their unit as part of a broader portfolio.
Services, such as 24/7 surveillance and coordinated repairs, ensure that the property remains in excellent condition. With Aurelia Residences set to rise in the near future, we will exemplify a high standard of management that reflects the expectations of global homeowners. No more handling repairs yourself or worrying about security—we’ll reduce these burdens to ensure you spend more quality time with your loved ones.
Thoughtfully designed amenities enhance the overall experience of daily life. In premium condominiums, foreign homeowners can enjoy dedicated spaces for wellness and relaxation. These shared areas allow homeowners to enjoy comfort without having to exit the property, especially in complex urban settings.
Aurelia Residences’ amenities will be designed to reflect the refined tastes and lifestyle of our international residents. We will offer ample spaces where they can enjoy movement, privacy, and sophistication within a secure environment. Foreign nationals can expect an improvement in their daily routines through our high-end facilities:
Condominium units in prime locations have shown steady appreciation, making them a reliable choice for international investors. Properties in central districts remain in demand among professionals and relocating families due to their surrounding infrastructure and well-developed in-house facilities.
Foreign nationals are allowed to lease their units so long as they follow national guidelines, giving them full flexibility in managing their assets. Choosing Aurelia Residences will offer them both long-term value and a strong rental potential, thanks to its premier-quality units and its strategic location in the heart of BGC.
So, can a foreigner own a condominium in the Philippines? Yes, they can, provided that specific legal conditions are followed. With the right guidance, international buyers can secure long-term ownership within the charming setting of the country.
For those seeking a residence that reflects global standards, Aurelia Residences stands out as the ideal choice. Its refined design, paired with its location in BGC, will offer foreign buyers the comfort and value they seek in a high-rise home. Contact us today for inquiries about our pre-selling units.
