I found a forum that is active with expats and those that frequently visit the Philippines. I want to recommend that you also visit that forum. Forums are a good way to pick the brains (or lack of brains haha) for information about the Philippines. You can visit that forum by visiting:
Its run by an Aussie. A good friend, known as Mr. Lee is very active there. Lee is married to a Filipina and spends several months a year in the Philippines. He knows a lot about buying real estate here and he is the best source I know for information on that. Yes, I know you can’t buy land but you can buy condominiums in the Philippines.
I tell you what, if the Philippines ever makes land ownership by foreigners easier than it is now, I expect land prices to sky rocket. I wish I was in a position to buy real estate now. I don’t know if land ownership rules will ever be eased or not. Many Filipino are vehemently opposed to that. I think that is grossly misguided. However, if that does happen, I think living in the Philippines might become far more expensive. Since I have a nice life here now, I am okay with the way things are. For me, it is probably best if they leave things the way they are.
Stop by their forum and give them a shout.
When you get there, make a good impression by posting in the welcome area. Don’t be shy, tell them about yourself. Don’t forget to tell them I sent you. They know me there by the screen names of Cebu Experience and Flirtilizer.
Filed under: Living In The Philippines
Like this post? Subscribe to my RSS feed and get loads more!