Last week, the House of Representatives and the Senate approved separate bills allowing foreigners to lease land up to 99 years from 75 years. Both bills allow foreign investors to sublet properties, ...
The lease contracts would also have to be registered with the province or the city where the land involved is located. According to House Speaker Ferdinand Martin Romualdez — principal author of ...
WRAL Investigates emailed a Saint Augustine’s spokesperson, asking what land the school would lease to 50 Plus 1 and if the university is ending its credit agreement with Gothic Ventures.
Last month, the Senate and House of Representatives separately approved on third and final reading bills that seek to extend the land lease limits for foreigners to 99 years from 75 years. Foreign ...