It is quiet simple if the Philippines had not done this you would be owned by China and Japan outright. They would have poured trillions of peso in and bought everything the could get there hands on. It is great nobody but islanders can own it and this is from a USA person.
@Nellie-H
Жыл бұрын
Wish this would be true! Unfortunately China owns more and more in the Philippines. They finance Airports, Bridges, Roads, Casinos, Buildings and much more. This seems to work out well for Politicians too. Just like in the US. For example Ports have been sold to China. LA, Houston, Long Beach, Miami,... or the US biggest pork producer Smithfield is owned by China.
@puncherdavis9727
Жыл бұрын
@@Nellie-H RIght the thing is though if your foreign entity and own things in the USA and your country gets nasty with the USA we just shut down your business and fund other businesses to take over. Not a very nice thing to do but you can own what ya want but play nice or its amazing how fast local and federal licenses get suspended.
@AdventuresinAmericaUSA1
Жыл бұрын
Thank you for watching.
@FYpgt
Жыл бұрын
The Chinese almost business land. Why is it? Were are the laws. There status needs to be check by NBI not by immigration.
@TomBTerrific
4 ай бұрын
I don’t agree with you on this matter. I don’t think it matters who owns a particular property or business in any country. They can’t take the land away from the country. What matters most I believe is how well you maintain and manage the properties or businesses. Who ever owns the land still has to pay taxes, follow the existing rules and regulations of the country, province, city, or municipality. In reality the business or property might be better care for by a foreigner. They would also bring money into the country which also improve things. The can’t vote, are bound by the laws and have employees working for them. Why do you see this as a negative? Afraid the slums might be improved?
@KING48168
Жыл бұрын
All other travelers to the UK no longer need to take any COVID-19 tests or fill in a passenger locator form when travelling to the UK from abroad. These changes apply whether you are fully vaccinated or not.Apr 21, 2021
@AdventuresinAmericaUSA1
Жыл бұрын
Thank you for watching.
@gloriaabad3092
Жыл бұрын
Thanks what about w dual citizenship?
@AdventuresinAmericaUSA1
Жыл бұрын
Hello. Filipinos can own land in Philippines without restrictions.
@JuniorBarcenas
Жыл бұрын
My Wife owns land in a rural area of Mindanao. We aren't sure who the land passes too if she dies, me or her kids? We both bought it together but it only has her name on it.
@AdventuresinAmericaUSA1
Жыл бұрын
Hello. Both you and kids will inherit equally.
@JuniorBarcenas
Жыл бұрын
@@AdventuresinAmericaUSA1 Thank you for the reply. I'll let her know
@williamwarren9109
Жыл бұрын
What if a Foreigner becomes a full citizen there then can they own land there
@AdventuresinAmericaUSA1
Жыл бұрын
Yes.
@williamwarren9109
Жыл бұрын
I have a question for you if a American come there and become a Philippines citizen can they buy land there then???
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