Philippines law question

[Nathan]

Hi,

   Some of you old hands may know the answer to this:
Under Philippines law, can minors own property in the Philippines? My daughter is a dual citizen as she was born in the Philippines to a native born Filipino. Do any of you folks know with confidence if a minor child can hold property in the Philippines in their name, perhaps with signature of a parent etc? Ray?

Thanks,

Nathan

[Ray]

... in response to Philippines law question, posted by Nathan on Oct 17, 2004

Hi Nathan,

I know minor children can own property on paper, but I don’t know all the legal details. My wife’s dad put property in several of the kids’ names when they were still infants. Minors can also inherit property. As far as purchasing or selling real property, I ass-u-me that a minor can not negotiate a contract without a parent or legal guardian.

You can do a little research on Philippine law if you want at this site. I think they also advertise free legal advice on line (?):

http://www.pinoylaw.com/library.htm

What are you planning to do, purchase Philippine property in your daughter’s name? You know, your wife can still acquire property over there even if she is naturalized as a U.S. citizen, with some restrictions. She can also get dual citizenship under the new law. Also, as a foreigner, you can own a condominium, lease, or inherit property in the Phils. Personally, I wouldn’t consider buying or leasing any property over there without first consulting with a good Filipino attorney.

Ray (not a lawyer) :-)

[Nathan]

... in response to Re: Philippines law question, posted by Ray on Oct 18, 2004

Thanks-
  Finding a good Filipino attorney is the trick of course.
At some point I may consider buying a little something there for the long term, hence the question about having it in my daughters name. I know that under the new law she can keep Filipino citizenship as well.
 Thanks for pointers.

Nathan