Frequently asked questions about Land of Nomads

A long-term right to use your unit, set out in a contract and registered with the Philippine registry in your name. It runs for 99 years. It is the legal route through which a foreign national secures a home in the Philippines, and the registered document is what proves your right against third parties.

Yes, through a leasehold. Philippine law reserves land title for Philippine citizens, but it allows registered, long-term leases in favor of foreign nationals. You don’t get the land titled to you: you secure a registered right to use a specific unit, with its lot and floor plan identified in the contract.

The leasehold contract signed with the developer and its registration with the corresponding registry. Before you sign, you receive the sample contract so your own lawyer or advisor can review it at their own pace. After signing, the registration is filed under your name and you receive the full documentation.

The leasehold is a right that can be transferred for whatever term remains on the contract, and the specific terms of transfer are set out in the document itself. Before you sign, our legal team walks you through the procedure and the costs of an exit, so the way out is clear from day one.

One of the five largest builders in the Philippines, founded in 1962, with current tax registration (BIR), corporate registration (SEC), contractor’s license and business permit. Land of Nomads develops and sells; the builder carries out the construction and signs off on the schedules you later see in the dated reports.

In three pieces: a down payment, fixed monthly installments, and a final payment. Real example, the Standard Villa in San Fernando: a $39,900 down payment, 60 installments of $1,159.75, and a final $39,900. Total: $149,385. All direct with the developer, with the full schedule in writing before you sign.

No. Financing is direct with the developer: no bank appraisal, no third-party risk assessment, no interest hidden in fine print. The trade-off is transparent: the installment price is higher than the cash price, and both figures are published so you can compare them yourself.

The contract sets out the notice periods and the options for that situation, and you’ll know them before you sign. In practice: if you see a delay coming, you tell the team and we find the least costly way through it for you. An unexpected setback has a fix; silence is what makes it expensive.

You pay in euros, to the project accounts named in the contract; the USD prices shown on the site are indicative. Every payment is documented with its receipt and the leaseholder support team tracks it together with you. If you operate in a different currency, the procedure and the applicable exchange rate are explained before you sign anything.

The first formal step: it holds your specific unit while you review the contract and run your own checks. It’s refundable: if you decide not to move forward, it’s returned according to the procedure you receive in writing before you pay it. It’s designed to give you time to think it through, not to lock you in.

A 45-minute call with real numbers; a guide and sample contract to review with your own advisor; a refundable $2,340 reservation deposit that holds your unit; signing the leasehold and starting the payment schedule; registration in your name. At every step you know what you’re signing, what you’re paying, and what you’re getting.

Yes, it’s the most common case: most of our 424 current leaseholders signed without visiting the Philippines first. The whole process (guide, contract, reservation and signing) happens remotely, with video calls and everything in writing. And if you’d rather see the site in person, we can arrange a visit.

Whatever a diligent leaseholder would check: review the contract with your own lawyer, ask for the builder’s licenses, look at construction reports with dated photos, go through the financial scenarios with your advisor, and talk to the team as many times as you need. The refundable deposit exists precisely to give you that room.

As long as you need. Some people sign in a matter of weeks because they arrive with their homework done, others take months going through every page. We don’t run countdown offers or closing pressure: the reservation holds your unit and the current price is the one published, until the phased pricing plan says otherwise in writing.

The recurring ones are published: the community fee ($81.90 or $139/month depending on the project) and the management fee on rental income (25% in San Fernando, 30% in El Nido). As an option, the San Fernando storage unit ($13,900). Any cost on your side (your own advisor, international transfers) is yours to plan for. There are no surprises hidden in the contract.