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ISLANDS FOR SALE IN Asia

Philippines

The Philippines consists of more than 7,100 islands which are located between the Philippine Sea and the South China Sea, east of Vietnam, and north of Sabah and Borneo. With thousands of kilometres of beaches and coastlines, the region is sure to have an island to suit every taste and bud... + Read More get. Outright ownership in this region is not possible for foreigners, but options exist which enable foreigners access to the Philippines’ amazing jewels in the sea. The Philippines has much to offer to the island investors; a mix of old and new, a diversity of culture and warm friendly people. And of course, the Philippines has an abundance of islands for sale with a mind boggling array of prices to choose from.


Philippines Foreign Ownership Info
Foreigners are not allowed to buy islands in the Philippines because they are regarded as national assets. Land ownership is restricted to Filipinos. Foreigners can only buy islands in the Philippines through certain loopholes including marriage, incorporation, or through a lease. And these options mean that on paper, you aren’t the actual owner. However, if you’re working with people you trust, than you are protected to some extent.

The safest way to take possession of an island in the Philippines is by leasing a property. Provided the legal documentation has been handled by a competent lawyer, this is a good way of controlling property. A leasehold is essentially purchasing an island for a specific period of time like 90 years. Upon completion of the leasehold, the island is returned to the state or the original owner. Buyers may feel insecure about improving and living on land they don't own, buildings can be owned irrespective of who owns the land the building is on.

It is possible to own an island in the Philippines if you put the property in the name of your Filipino spouse. However, if problems arise, the foreign owner is at the mercy of the Filipino spouse who legally owns the property.

The last option for owning an island involves forming a paper company. A corporation can own land, and you can own up to 40 percent of the corporation. If the corporation is set up diligently, you can control the entire corporation, thereby effectively owning an island. One person alone cannot incorporate a company; you will require Filipino incorporator who will technically own 60 percent of your company, and your island.   - Read Less

PAY FOR 5 , STAY FOR 7
Kanu Private Island

The best of both worlds. 5 or more nights on your own exclusive private island, followed by two complimentary nights at our new Kairos beach-front villa in Placencia, Belize. Spend your days snorkeling the dramatic Belize Barrier Reef or take a thrilling fishing trip for the catch of the day.  Unwind with a relaxing massage by the pool, then dance the night away under the stars of your private beach. For groups of up to 10. Valid for remaining dates in 2023.

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LOOK INSIDE

ISSUE # 30 - FALL/WINTER 2023-2024

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Order the current issue for USD 14.95 or subscribe to a 2-year subscription for USD 39.95. For a single issue, the shipping fee is USD 6.95 for addresses in the USA or USD 4.95 within Canada. For subscription service (4 issues over 2 years), the total shipping cost is USD 28.00 (USA) or USD 20.00 (Canada). For international shipping, please contact us at [email protected] with your mailing address and we will provide shipping options.

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