Capital Tax Gain in Philippines

Feb 2020

Selling a house for the first time? Here are a couple of things that you should take notice of before committing. Masked under a layer of taxes, there are many underlying terms and taxes to consider. To stay safe against many unsuspecting fees, one should always arm themselves with invaluable knowledge before taking the plunge. And yes, whether you like it or not, capital gains are unavoidable taxes that need to be taken care of.  What Is Capital Gain Tax And Who Pays For It?  For the uninitiated, capital gains tax is enforced on a seller’s revenue that’s garnered...

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Maceda Law in Philippines

Feb 2020

Not everyone can simply purchase a house in cash, it rarely happens. Most of them would rather opt for an installment payment through the bank, PAG-IBIG fund, in-house financing or deferred cash. Especially in the Philippines, it is agreed that installment purchases are more practical and doable, although interests are imposed every time a payment is made.  With this being said, there is a law in the Philippines that was introduced and implemented to protect homebuyers who purchase their homes through an installment plan. Without this law, the people of the Philippines will not be ab...

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Special Retirement Retiree's Visa (SRRV) Philippines

Feb 2020

Want to find a beautiful corner of the world to spend the golden years of your life? There’s no better country than the Philippines. The beautiful beaches, tropical climate, and quality living at an affordable cost speak for itself. In fact, Forbes named the Philippines one of the best places to retire abroad in the year 2019. To accommodate foreigners and overseas Filipinos who like to spend their retirement days in the Philippines, the Bureau of Immigration (BI) of the Republic of the Philippines offers Philippine’s retirement visa, called SRRV. SRRV means the Special Resident Retiree...

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Everything About Absolute Deed of Sale

Feb 2020

Real estate involves many different documents. One of the most important of which is the deed of absolute sale.  This document is relevant, whether you are buying or selling real estate. Without the deed of sale, the deal isn’t complete. A deed is a legal document that demonstrates ownership of real estate property . The new owner has the “title” to a property once they file a deed listing. Two different categories in which property sales can fall are absolute and conditional. If the only condition of the transaction is the payment of the property price, it is an ab...

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Why Invest in Philippine Real Estate?

Jan 2020

The Philippines, dubbed as “Pearl of The Orient” is now on the forefront of growth as the newest Tiger economy of Asia, with the country’s relatively strong macroeconomy, the nations credit rating has improved and garnered invest grade rating from well renowned financial institutions such as Moody’s, Fitch and Standard and Poor’s. The nation’s robust economy has fueled by sustained remittances from the country’s modern day heroes, the OFW’s. Billion dollar industry of the Business Process Outsourcing and the increasing growth in the tourism...

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Experience Christmas in the Philippines

Dec 2019

September is when temperature normally starts to drop in tropical Philippines. Cold nights remind people that Christmas is coming.  A lot of Filipinos working globally would mark their long vacation leave and fly back home to the much awaited season of the year, Christmas.  Actually, Philippines is  known for celebrating the longest Christmas season in the world and it would definitely be a merry time  to experience the holidays. Below are some  experience that you will encounter.  “BER” Months   The holidays in the Philippines start when the...

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Now Is the Time to Transfer the Title of Your Property Inheritance

Aug 2019

Have you recently inherited a real estate property? Under the Philippine law of intestate succession, (the decedent left no will), the compulsory heirs (spouse and children) will automatically inherit the estate of the decedent at the time of death. The estate includes both real estate and personal properties owned by the decedent.  But before the heirs can sell or develop the inherited properties, they need to transfer the title of the properties under their names. How do you transfer the title of inherited properties in the Philippines? If there is no will, th...

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Why Owning a Luxury Condominium Is a Sound Investment

Aug 2019

Why is a luxury condominium a great investment? No need to stress over maintenance It can be accessed through business districts Promotes work-life balance High-end amenities are available Great property sales value Consider condos when looking for luxury properties for sale in the Philippines . Luxury condos are on an entirely different level compared to your conventional condos. If a luxury home is not for you, a luxury condo might just be the perfect balance of work and play you’re looking for. No need to get separated from city life. You can still enjoy opulence in the c...

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