Buy A Filipino Apr 2026
The Philippine Constitution strictly regulates property ownership based on citizenship:
You must apply for a Tax Identification Number (TIN) through the Bureau of Internal Revenue .
12% for properties priced above ₱3,600,000 (roughly $63,000). 4. Step-by-Step Buying Process buy a filipino
Pay the transfer and documentary taxes at the BIR to receive a Certificate Authorizing Registration (CAR).
Paid to the Registry of Deeds for the new title issuance. 000 (roughly $63
Typically 0.5% to 0.75%, depending on the local government unit.
Both parties sign the Deed of Absolute Sale (DOAS) , which must be notarized. buy a filipino
Approximately 1.5% of the property value.