THE CURRENT STATE OF PHILIPPINE AGRICULTURE SECTOR
THE CURRENT STATE OF PHILIPPINE AGRICULTURE SECTOR
Laws on agricultural property are rather strict in the Philippines. Foreigners are prohibited from owning anything other than condominiums, and they certainly aren’t allowed to own farmland in rural areas.
At a business meeting the other night, we spoke with several of Manila’s top real estate and legal experts. They generally told us that there is no reliable way to circumvent the laws on buying land in the Philippines unless you want to enter the “ag tourism” business.
Even locals can’t own more than five hectares (about 12.5 acres) without exceptions. That means you’ve got a lot of small family farms, some whose owners take up work on neighboring farms to supplement their low farming income.
https://nomadcapitalist.com/finance/investing/invest-philippines-agriculture-without-getting-dirty/
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