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Updated over 6 years ago on . Most recent reply
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Investing in real estate in the Philippines, or Medellin Columbia
I am looking into doing some international real estate investing in places like the Philippines, Medellin, Columbia and maybe cayo Belize. I'm trying to figure out where to start and would love some pointers, advice, comments or thoughts if anyone has any.
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I've lived in the Philippines for many years.
Point #1 - foreigners can't own property - unless you're married to a national
Point #2 - you can own a condo - without being married to a national
Point #3 - you can Airbnb your condo
Point #4 - condos start around $38,000 upwards to $190K.
I've toyed with the idea of offering a service to foreign investors as an American "with boots on the ground" to make sure their investment is properly setup. PM if you're interested.