Natural-born Filipinos who have lost their citizenship have not entirely lost their right to purchase and own real properties in the Philippines. Likewise, holders of dual citizenship are allowed full rights of possession of Real Estate.
Under Philippine laws, former Filipinos still enjoy the privilege of acquiring land subject to the following limitations:
Land must be used for residential and business purposes only.
If the land is for residential purpose, a maximum of 1,000 sq meters of urban land or one (1) hectare of rural land is allowed.
If the land is for business purpose, a maximum of 5,000 sq meters of urban land or three (3) hectares of rural land is allowed.
Either rural or urban lots, but not both can be acquired.
Land acquisition may be through sale, donation, tax sale, foreclosure, or execution sale.
A maximum of two (2) lots not exceeding the maximum limit in total combined area is allowed. Lots must be located in different cities or municipalities.
Either one or both spouses may avail of this privilege, but the limits mentioned above must be observed.
This principle is in keeping with the adage that says “Once a Filipino, Always a Filipino.”
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