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Who can own land in the Philippines?
Acquisition and ownership of private lands in the Philippines is limited and/or reserved to Filipinos or to Corporations or partnerships where at lease 60% of the authorized capital of which is owned by Filipino citizens, except:
When such property is acquired prior to the 1973 Constitution;
Acquisition by an alien or foreigner by hereditary succession;
Aliens/foreigners owning not more than 40% interest in a condominium project pursuant to RA 4726;
Where a former natural born Filipino who became a citizen of another country but is now returning to the Philippines to reside hereat permanently. Hence, hay acquire through sale, donation, or through a tax sale, foreclosure sale, or execution sale not more than 1,000 sq. m. for urban land or not more than 10,000 sq. m. for rural land to be used solely for residential purposes and subject to other limitations and requirements as provided under the law (Batas Pambansa No. 185);
A Filipina who marries an alien retains her Philippine citizenship (to avoid being stateless) unless by her own act or omission she is deemed to have renounced her Filipino citizenship, may acquire and own private lands in the Philippines.
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