Doing Business in the Philippines

If you are a non-Filipino citizen intending to invest and set up a business in the Philippines, there are different ways to do it and certain restrictions to observe. The primary law governing foreign investments in the Philippines is the Foreign Investments Act of 1991 or Republic Act No. 7042 (RA 7042), as amended by…

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MISSED PAYMENTS ON REAL ESTATE FINANCING

YOUR RIGHT IF YOU MISS PAYMENTS ON YOUR REAL ESTATE FINANCING A lot of Filipino-Americans in the U.S. are buying real estate properties in the Philippines, like condos, townhouses or residential homes, as vacation houses or for investment purposes. Most of these purchases are financed either by a bank or the seller, and the buyer…

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