Can a foreigner avail of Special Visas allowing 100% Condominium and Townhouse Ownership?
Special visas are available to foreigners that allow complete ownership and control of Philippine condo and townhouse units. Qualifications for this visa are as follows: 1) You must be at least 35 years old; and, 2) You should meet the bank deposit requirements which can be withdrawn at a later date for your investments. The processing fee and the amount of the deposit/investment needed depends on whether or not you are married to a Filipino or former Filipino. This allows you almost all of the investment privileges of a Filipino citizen.
