• Mar2017

    http://www.philstar.com/cebu-news/2017/03/03/1677551/cebu-cordova-expressway-breaks-ground-more-bridges-link-islands

  • Oct2015
  • Sep2015
  • May2015

    It’s More Fun in CEBU PHILIPPINES [International Tourism Ad Campaign – DOT Official Theme 2014]

  • Published on Dec 18, 2014

    2015 is visit the Philippines year and we’re showing you how everything you want to do is definitely more fun here. Share this video with your friends and go to visitph2015.com to make 2015 the most fun year ever.

  • Nov2014

    In general, only Filipino citizens and corporations or partnerships with least 60% of the shares are owned by Filipinos are entitled to own or acquire land in the Philippines. Foreigners or non-Philippine nationals may however purchase condominiums, buildings, and enter into a long term land lease.

  • Ownership of land in the Philippines is highly-regulated with land ownership reserved for persons or entities considered Philippine nationals or Filipino citizens. For this purpose, a corporation owned 60% by Filipino citizens is treated as a Philippine national. Foreigners interested in acquiring land or real property through aggressive ownership structures must consider the provisions of the Philippines’ Anti-Dummy Law to determine how to proceed.

  • Foreign nationals or corporations may completely own a condominium or townhouse in the Philippines. To take ownership of a private land, residential house and lot, and commercial building and lot foreigners may set up a Philippine corporation in the Philippines.

  • The Recto Law comprises Articles 1484 to 1486 of the Civil Code. It was added to the Civil Code to prevent abuses in the foreclosure of chattel mortgages, such as when mortgagee-creditors foreclosed mortgaged property, bought them at a low price (on purpose,) then prosecuted the mortgagor-debtors to recover the deficiencies.

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