Should I retire in the Philippines? I know my dollar will go father. Can I own land as a forgiener, health car
My wife is from the Philippines, but no longer a citizen. I wonder about owning land or a house.
Public Comments
- No. Foreigners are prohibited from owning land in Philippines. Your wife was a citizen and can reestablish her residency and citizenship there. You to can become a citizen of Phillippes by living there and applying for permanent residence and citizenship status with immigration in Philippines with good local attorney and cooperation with US Embassy there. You can be a dual citizen of US too.
- First off, I do not recall IRS Publication 519 containing any of the information about dual citizenships and tips on how to obtain Philippine permanenet residency :0 ANyways, I will give you a real answer. if you are American and married to a naturalized US citizen of Philippine birth, you may be entitled to own land or "lot" as well as the structure "house" built on it, and both of you don't have to anything at all! This is how I understand it. There is a Philippine law that allows former Filipino citizens to own land without having to re-obtain their former citizenship. Sort of a "birthright" entitlement clause. Your wife falls into that category. As long as you are legally married to her, it is irrelevant what your nationality is. If she can own Filipino land, then you also own that land by virtue of marriage.
Powered by Yahoo! Answers