Philippines Real Estate Buyers Guide |
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Philippines Real Estate Buyers Guide
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Guidelines in buying a propertyDOCUMENTS NEEDED IN BUYING PHILIPPINE PROPERTIES * Residence Certificate (this can be easily obtained from your town or barangay) * Special Power of Attorney (in case somebody will transact in your behalf) * Birth Certificate (for proving you are Filipino, either you are born in the Philippines or, if not, one of your parents is Filipino; in case you are not Filipino CITIZEN, you can go to the Philippine Embassy to pledge allegiance and you will have dual citizenship within 30 minutes). (Limit of dual citizens: up to 1000 sqm residential property or 2 hectares farmlot.) * Marriage Contract (in case you’re married; even if you are married to a foreigner; especially useful if the foreign spouse is the one working/paying/giving proof of income) * ID picture (3 pcs 1×1-inch) * Certificate of Employment and Compensation (for local and local-SPA) * Job Contract (OFWs) * Passport (OFW) * Bank Statement (if unemployed but with income; supported by ITR) * ITR (latest) * Business Permit (if income comes from business; supported by ITR and Mayor’s Permit) * Certificate of Loan Eligibility (PAGIBIG) * PAGIBIG Blue Book * PAGIBIG Member’s ID * PAGIBIG Counseling * Post Dated Checks (unless paying in spot cash). (For those without checking account, our office can give a recommendation to a nearby bank that can release its first checkbook within the same day and you only need less than 5k pesos to apply.) * Sketch of your address (same address as your Meralco Bill) (not actually a document but VERY IMPORTANT. |
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For Property Buyers : New Development Projects - Philippines Condominiums - Philippines House and Lots For Property Advertisers : List Your Philippines Properties While we strive to present information as accurately as possible, Philippines Real Estate Buyers Guide |