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Can a former Filipino Citizen still has the right to own or use a previously-owned property?
Your brother was not divested with the ownership of the property because he acquired it at the time when he was still a Filipino. Being an owner, he can still construct whatever improvements he wants in the property. It doesn't matter if it's more than a thousand square meter land.
What's really affected? If you become a foreigner, is your ability to buy property after. Your brother became a foreigner (Singaporean citizen). He is now limited to the size of land he can buy in the Philippines. He have to execute the affidavit saying that he'll be living in the Philippines. But for previously owned properties, he will not lose ownership. He still has the right to own the property he previously owned in the Philippines when he was still a Filipino citizen.
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"Can a former Filipino Citizen still has the right to own or use a previously-owned property?" was written by admin under the Real Estate category. It has been read times and generated 0 comments. The article was created on .
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