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Free Legal Advice Philippines » FREE LEGAL ADVICE » PROPERTY » Foreigner has SPA to manage house and lot

Foreigner has SPA to manage house and lot

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femme fatal


Arresto Menor

A local has a house and lot under her/his name but local owner wants to pass this to his only child who happens to hold foreign citizenship due to certain circumstances. The local is considering to issue an SPA for the foreigner to acquire the rights of management of the property.

Is this workable?

attyLLL


moderator

foreigners who were previously filipinos can acquire land with limitations on size.

a foreigner can also acquire property through hereditary succession.

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femme fatal


Arresto Menor

Hi attyLLL,

Thanks a bunch. What if in case the foreigner who does not have Filipino citizenship, but is actually Philippine native born?

And in case, there are other siblings who have Filipino citizenship but parent's will dictates to have it go the native born, non-Filipino citizen sibling, can he still acquire property through hereditary succession?

Are there law reference articles/readings that we can refer to for such cases?

attyLLL


moderator

hereditary law will depend on the citizenship and residence of the decedent.

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Armandel


Arresto Menor

Hello po. Magandang araw po, tanung ko lamang po kung may karapatan o legal na makipagagreement ang isang foreigner sa kasunduan na Usufructuary? salamat po.

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Free Legal Advice Philippines » FREE LEGAL ADVICE » PROPERTY » Foreigner has SPA to manage house and lot

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