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It's been a while since I was in the PI, but foreigners are generally barred from owning land there, as limited partners or otherwise. Plenty of foreigners do but they are either married to locals or are using sham corporations or straw owners to hold title. There's an obvious risk there if your local title holder decides to do a runner on you as you'd be left with nothing. At least if your married to a local the courts MIGHT consider your financial investment during a divorce but don't depend upon that as an absolute.

2007-12-02 11:44:26 · answer #1 · answered by Bostonian In MO 7 · 0 0

try link http://www.chanrobles.com/legal5title15.htm for more detailed answer

2007-12-02 20:09:32 · answer #2 · answered by turonski 2 · 0 0

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