Archives April 2019

How to buy property in the Philippines

Transaction costs can be very high in the Philippines The total roundtrip cost of property purchase is around 7% to 16.25% of the property value.  For taxation purposes, properties are treated as capital assets if it is not used in trade or business, and properties are treated as ordinary assets if it is used in…

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stressed black woman land fraud scam

Steps to take after falling victim to land fraud or someone steals your land

Land Fraud Unit under Investigation Branch of the Directorate of Criminal Investigations deals with fraud matters regarding land, to establish if genuinely acquired or through fraud. FUNCTION •    Dispute of boundaries •    Removal of beacons •    Cases of trespass •    Denied access to property Land fraud cases are formally reported to the Public Complaints. The…

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