#philippines #travel #life There's been a lot of comments about buying vs renting Condos and Houses in the Philippines and this vlog sheds light on the up-sides of renting compared to the truths about investing and owning. In America it is more common to own and anchor in for the long haul whereas here in the Philippines it's nice to have the flexibility to change plans whenever you desire.
In addition, Foreigners can own 100% of Condos here but they can not own 100% or Houses or Land, the max percent is 40% with the majority in a Filipinos name. Are there people that circumvent the law yes there are and could they get in trouble yes they could; come take a listen to Todd Williams of Angeles City Expat Rental Properties as we talk about all of this...
Angeles City Expat Rental Properties:
#chubsdubc #investing
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