1. I am no longer a Filipino citizen and now a citizen of Canada. How will this work for me? Am I allowed to own a property still? Would there be any tax implications form the government?

2. How long does it take to build a house?

3. Do you have a website the shows your model houses with details?

thanks
Ed

[From the Admin] Thanks for dropping by, Mr. Ed! I found the Antel Grand Village web site at http://www.antel.com.ph/agv

According to Rissa Martinez (+63.2 750 5457), only Filipino citizens are allowed to own land. Non-Filipinos are allowed to own condominiums, though. For condos, the contact person is Candy (+632 757 2615)

Also, once a buyer has paid 30% of the Total Contract Price, they may apply for house construction. It takes about 6 months to construct a duplex house.

If the buyer prefers a single-detached unit, they can get in touch with Antel’s recommended contractor. If the buyer prefers to design their own house, they are encouraged to discuss the plans with Antel’s Engineering group.

I found additional info online about issues concerning foreigners or non-Filipinos and properties in the Philippines:
http://www.davao-real-estate.com/articles/philippines-real-estate-ownership.php

Rowena Ricafort

[From the Admin] Hi, Ms Rowena! This is what I got from Rissa Parsaligan:

There are no reservation fees.

The 80 sq m lot area (Grand Meadows, one of the five villages) costs about P5,000 /sqm (payable for 5 yrs, 0% interest) or about P6,700 in 60 monthly installments. The other lots vary in cost depending on their location.

In Grand Catalina, the standard 100 sq meter lot costs P5,700/sqm while the premium 100 sq meter lot costs P6,000/sqm. Those rates assume a 5-year payment term at 0% interest.