By law, foreigners don’t have the right to acquire land in the Philippines. Only Filipino citizens can own land. Although foreigners cannot own land in the Philippines, they can purchase units in condominium buildings, so long as foreign ownership in a single project will not exceed 40 percent.
The simplest way for a foreigner to acquire real estate properties in the Philippines is to have a Filipino spouse and purchase a property and transfer the Condominium Certificate of Title (CCT) under his/her name.
Corporations or partnerships that is at least 60% Filipino owned are entitled to acquire land in the Philippines. An exception to this rule, is foreign acquisition of a Philippine real estate in the following cases: