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Updated over 6 years ago on . Most recent reply

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220
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101
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Michael Porche
  • Real Estate Coach
  • Boise, ID
101
Votes |
220
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Investing in real estate in the Philippines, or Medellin Columbia

Michael Porche
  • Real Estate Coach
  • Boise, ID
Posted

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. 

Most Popular Reply

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709
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740
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Matthew McNeil
  • Rental Property Investor
  • Boise/Portland
740
Votes |
709
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Matthew McNeil
  • Rental Property Investor
  • Boise/Portland
Replied

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.

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