{"id":861,"date":"2026-02-11T09:28:25","date_gmt":"2026-02-11T08:28:25","guid":{"rendered":"https:\/\/balmontconseil.com\/?page_id=861"},"modified":"2026-08-26T18:45:17","modified_gmt":"2026-08-26T16:45:17","slug":"philippines","status":"publish","type":"page","link":"https:\/\/balmontconseil.com\/en\/expatries-mobilite-internationale\/destinations\/philippines\/","title":{"rendered":"Wealth management in the Philippines"},"content":{"rendered":"<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">\u00abAlexis, I\u2019m considering moving to Manila or investing on the Philippine coast, but I\u2019m lost between the <strong>foreign land regulations<\/strong> and local taxes. How can I protect my capital while taking advantage of this? <strong>rapid economic development<\/strong> without risking legal repercussions?\u00bb<\/p>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">By 2026, the Philippines is no longer just a paradise destination for travelers; it has established itself as one of the most dynamic economies in the ASEAN region. With a <strong>economic outlook<\/strong> showing robust growth and a <strong>rapid urbanization<\/strong>, The archipelago is attracting a new wave of\u2019<strong>foreign investors<\/strong> and French-speaking expatriates. However, structuring assets 11,000 km from France, in a legal system inherited from both Spanish and American law, requires cutting-edge expertise.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">At the house of <strong>Balmont Conseil<\/strong>, we act as your <strong>Augmented Wealth Engineer<\/strong>. My mission is to combine top-tier human expertise with cutting-edge technological tools to design... <strong>wealth management strategies<\/strong> that transcend borders. Whether you are looking for <strong>profitability of investments<\/strong> or inheritance protection, we transform Philippine complexity into a lever for growth.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>1. The Philippine economic landscape in 2026: Why invest now?<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">THE <strong>rapid economic development<\/strong> The Philippines rests on three pillars: a <strong>population growth<\/strong> dynamic, of <strong>infrastructure projects<\/strong> massive (the \u00abBuild Better More\u00bb program) and a services sector (BPO) that continues to move upmarket.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>A real estate market undergoing rapid change<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">THE <strong>growing real estate market<\/strong> in the Philippines offers <strong>investment opportunities<\/strong> which is no longer found in Europe. The\u2019<strong>rapid urbanization<\/strong> creates a structural demand for the <strong>residential area<\/strong> high standard.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Attractive shopping areas:<\/strong> While Makati and Bonifacio Global City (BGC) remain the safe bets, areas like Cebu, Davao, or the new urban centers around Bulacan Airport present... <strong>rental yield rate<\/strong> very competitive (often between 6 % and 9 % gross).<\/li>\n\n\n\n<li><strong>Commercial real estate:<\/strong> With the massive return to the office and the rise of e-commerce, logistics warehouses and premium offices are becoming <strong>attractive sectors<\/strong> for diversification.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>2. Foreign land regulations: What an expat needs to know<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">One of the main <strong>legal peculiarities<\/strong> resides in the property system. In the Philippines, the Constitution prohibits foreigners from owning land in their own name. However, solutions exist to secure a <strong>real estate investment in the Philippines<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>The Condominium Act<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">This is the ideal route for foreigners. According to the law, international investors can own 100 % of an apartment (condominium unit) as long as 60 % of the building&#039;s units are owned by Filipinos. <strong>modern condominiums<\/strong> offer not only full ownership of the unit, but also access to premium services (swimming pool, gym, 24\/7 security).<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>The long-term lease (Leasehold)<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">For houses or land on the <strong>Philippine coast<\/strong>, The foreigner can opt for a 50-year lease (renewable for 25 years). This is a common strategy for those seeking a <strong>long-term investment<\/strong> for their retirement.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Corporate structures<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Creating a local company (where the foreigner holds 40 %) can allow the acquisition of land, but this approach requires complex legal safeguards via shareholder agreements to guarantee the protection of the actual investor.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>3. Taxation and advantages: Optimizing your assets in the Philippines<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">THE <strong>recent tax reforms<\/strong> (notably the CREATE and TRAIN laws) have simplified the landscape for the <strong>retail investors<\/strong> and HNWIs (High Net Worth Individuals).<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Tax advantages in the Philippines<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The country offers attractive incentives to attract capital:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Special Economic Zones (PEZA):<\/strong> Companies setting up there benefit from\u2019<strong>tax exemptions<\/strong> on income over several years.<\/li>\n\n\n\n<li><strong>Taxation of non-residents:<\/strong> If you live outside the Philippines but own assets there, you are only taxed on your Philippine-source income.<\/li>\n\n\n\n<li><strong>Capital gains tax rates:<\/strong> The rate is generally 6 % on the sale of real estate (Capital Gains Tax), which is relatively low compared to European standards.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>The profitability of investments: A mathematical calculation<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">To assess the relevance of a project, we use the net return calculation $R_{net}$:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">$$R_{net} = \\frac{(Annual Rent \u2013 Charges \u2013 Local Taxes)}{Purchase Price + Notary Fees} \\times 100$$<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In 2026, with a <strong>dynamic rental market<\/strong>, it is not uncommon to reach a $R_{net}$ greater than 5 %, even after taking into account local inflation.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>4. <a href=\"https:\/\/balmontconseil.com\/en\/gestion-de-patrimoine\/\">Wealth management strategies<\/a> for the French<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">A French expatriate has to juggle two tax systems. <strong>wealth management in the Philippines<\/strong> cannot be done without a comprehensive view of the situation in France.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Financial and banking solutions<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Local banking system:<\/strong> Players like BDO or BPI offer services such as <strong>private management<\/strong>, but international transfers and exchange rate risk (Peso vs Euro) require constant vigilance.<\/li>\n\n\n\n<li><strong>International assurance-vie:<\/strong> We often recommend placing part of the assets in Luxembourg assurance-vie contracts, which offer tax neutrality and superior legal security for expatriates.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Investor visas and residency programs<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Obtaining resident status is an advantage for structuring one&#039;s assets sustainably.<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>SRRV (Special Resident Retiree&#039;s Visa):<\/strong> For those over 50, with a modest bank deposit.<\/li>\n\n\n\n<li><strong>SIRV (Special Investor\u2019s Resident Visa):<\/strong> For those who invest at least USD 75,000 in listed companies or approved projects.<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>5. Succession and inheritance: The challenge of civil law<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">This is undoubtedly the most complex point for French-speaking families. Philippine law follows the principle of <em>Nationality<\/em> for the inheritance of movable property, but the principle of the <em>location<\/em> (lex rei sitae) for real estate.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Plan to avoid blockage<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">If you own a condominium in Manila, transferring it to your children in France can become an administrative nightmare if it is not prepared.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Inheritance tax:<\/strong> Set at a single rate of 6 % (Estate Tax), it is much simpler than the French progressive scale.<\/li>\n\n\n\n<li><strong>The cross will:<\/strong> It is imperative to draw up a will in the Philippines for your local assets in order to expedite the procedures. <em>probate<\/em> (approval).<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>6. Why choose Balmont Conseil for your Philippine project?<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Navigate the <strong>market trends<\/strong> and the <strong>management risks<\/strong> Reaching a developing country requires more than just a real estate agent. At Balmont Conseil, we offer a <strong>personalized support<\/strong> based on:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong><a href=\"https:\/\/balmontconseil.com\/en\/ingenierie-patrimoniale\/audit-patrimonial-global\/\">Asset Audit<\/a> 360\u00b0 :<\/strong> We integrate your Philippine assets into your overall balance sheet (French real estate, financial investments, pension plans).<\/li>\n\n\n\n<li><strong>Rigorous due diligence:<\/strong> First of all <strong>financing of real estate projects<\/strong>, We verify the property titles (TCT\/CCT) and the financial health of the promoters.<\/li>\n\n\n\n<li><strong>Network of local experts:<\/strong> We collaborate with the best lawyers and tax specialists in Manila to guarantee... <strong>local investment strategies<\/strong> secure.<\/li>\n\n\n\n<li><strong>Economic outlook:<\/strong> Thanks to our technology, we analyze the <strong>diversification opportunities<\/strong> in booming sectors such as <strong>education sector<\/strong> or renewable energies.<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>FAQ: Your questions about wealth management in the Philippines<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Q: Can a foreigner inherit land in the Philippines?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A: Yes, through legal succession (blood lineage), a foreigner can inherit land even if the Constitution prohibits its purchase. However, the resale of this land will be subject to strict regulations.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Q: What is the minimum budget for a profitable real estate investment?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A: In neighborhoods like Makati or BGC, a quality studio in a <strong>secondary real estate market<\/strong> or in pre-sale starting at around 120,000 \u2013 150,000 EUR. <strong>high yield zones<\/strong> in the provinces are accessible from 80,000 EUR.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Q: How can I protect myself against fluctuations in the Philippine Peso (PHP)?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A: Diversification is key. We advise keeping some of your liquid assets in USD or EUR in offshore accounts while using PHP for your day-to-day expenses and your <strong>local investment strategies<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Q: What are the steps to open a bank account as a non-resident?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A: It&#039;s become complicated. Most banks require an ACR I-Card (Alien Certificate of Registration). Without this document, the solutions of <strong>wealth management in the Philippines<\/strong> often go through international banks with a local presence.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" role="heading" aria-level="3"><strong>Q1. Is there a tax treaty between France and the Philippines to avoid double taxation?<\/strong><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Yes, a tax treaty was signed in 1976. It is essential for expatriates and investors. It defines, in particular, where you must pay taxes on dividends, interest, and especially... <strong>real estate income in the Philippines<\/strong>. As a general rule, real estate income is taxable in the country where the property is located, but the convention allows for the elimination of double taxation in France via a tax credit.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Q2. Is my property in the Philippines subject to the French Real Estate Wealth Tax (IFI)?<\/strong><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">If you are a French tax resident, the IFI (French wealth tax) applies to your worldwide real estate assets. Your <strong>modern condominiums<\/strong> in Manila or your properties on the <strong>Philippine coast<\/strong> Therefore, assets are included in the taxable base if the net value of your worldwide real estate assets exceeds \u20ac1.3 million. However, if you are a Filipino tax resident, only your assets located in France remain subject to the French wealth tax (IFI) (subject to the same thresholds).<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Q3. How can I guarantee the repatriation of my funds to Europe in the event of resale?<\/strong><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">This is a point of <strong>financial security<\/strong> Crucial. In order to freely repatriate the proceeds from the sale of an asset or dividends, the initial investment must be registered with the <em>Bangko Sentral ng Pilipinas<\/em> (Central Bank of the Philippines) via a document called <strong>BSRD<\/strong> (<em>Bangko Sentral Registration Document<\/em>Without this registration, converting large amounts of Pesos to Euros or Dollars for an international transfer can become an administrative ordeal.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Q4. Does getting married locally change the situation regarding land ownership?<\/strong><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Marriage to a Filipino citizen does not allow the foreigner to own land. However, the Filipino spouse can acquire land in their name. Upon the death of the Filipino spouse, the foreigner has the right to retain the land for a limited time to sell it or collect its produce, but they cannot inherit it outright if doing so would violate the Constitution. This is where the <strong><a href=\"https:\/\/balmontconseil.com\/en\/transmission-protection\/\">estate planning<\/a><\/strong> Consulting an expert is vital to protecting the surviving spouse.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Q5. Is the SRRV (Retirement Visa) still the most advantageous option for an investor?<\/strong><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">In 2026, the <strong>SRRV<\/strong> It remains very popular because it allows you to reside indefinitely in the Philippines without renouncing your citizenship. One of its major advantages is the exemption from import taxes on your personal effects and the exemption from... <em>Travel Tax<\/em> Filipino. However, for a pure investor, the <strong>SIRV<\/strong> (Special Investor&#039;s Resident Visa) may be preferable as it is directly linked to an investment in stocks or local businesses, offering more flexibility for <strong>wealth management<\/strong>.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Q6. How do I manage my rental property if I don&#039;t live there?<\/strong><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">There <strong>profitability of investments<\/strong> depends on the quality of the management. We advise against delegating this to individuals, but to companies that <em>Property Management<\/em> Recognized companies handle tenant searches, rent collection, and, most importantly, technical maintenance (crucial in a tropical climate). Balmont Conseil helps you select these partners to guarantee a <strong>dynamic rental market<\/strong> and without any hassle.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Q7. What are the risks associated with natural disasters for my assets?<\/strong><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">It&#039;s a question of <strong>risk management<\/strong> Essential in the Philippines. Seismic risk and typhoons necessitate:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>To choose developers using the latest construction standards.<\/li>\n\n\n\n<li>To take out a &quot;Comprehensive All Risks&quot; insurance policy including natural disasters (<em>Acts of God<\/em>In our audit, we systematically verify the quality of insurance policies related to <strong>condominiums<\/strong> that we select.<\/li>\n<\/ol>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Next step for your project<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The complexity of the Philippines should not obscure the <strong>rapid economic development<\/strong> and the <strong>diversification opportunities<\/strong> The archipelago offers exceptional opportunities. However, a registration error or a poor inheritance clause can be costly.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Would you like me to verify the compliance of your current acquisition project or to simulate the impact of your future Philippine tax residence on your French taxes?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">I remain at your disposal to transform these questions into a structured and secure action plan.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Conclusion: Make the archipelago your next growth driver<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">There <strong>wealth management in the Philippines<\/strong> is an exceptional opportunity in 2026 for those who know how to navigate the legal and tax framework. Between the <strong>dynamic rental market<\/strong> metropolitan areas and the prospects for capital gains on the <strong>Philippine coast<\/strong>, The levers for wealth creation are real.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Your ambition deserves borderless expertise.<\/strong><\/p>","protected":false},"excerpt":{"rendered":"<p>\u00ab Alexis, j&rsquo;envisage de m&rsquo;installer \u00e0 Manille ou d&rsquo;investir sur la c\u00f4te philippine, mais je suis perdu entre la r\u00e9glementation fonci\u00e8re \u00e9trang\u00e8re et la fiscalit\u00e9 locale. Comment prot\u00e9ger mon capital tout en<span class=\"excerpt-hellip\"> [\u2026]<\/span><\/p>\n","protected":false},"author":2,"featured_media":0,"parent":241,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-861","page","type-page","status-publish","hentry"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/balmontconseil.com\/en\/wp-json\/wp\/v2\/pages\/861","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/balmontconseil.com\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/balmontconseil.com\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/balmontconseil.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/balmontconseil.com\/en\/wp-json\/wp\/v2\/comments?post=861"}],"version-history":[{"count":3,"href":"https:\/\/balmontconseil.com\/en\/wp-json\/wp\/v2\/pages\/861\/revisions"}],"predecessor-version":[{"id":1068,"href":"https:\/\/balmontconseil.com\/en\/wp-json\/wp\/v2\/pages\/861\/revisions\/1068"}],"up":[{"embeddable":true,"href":"https:\/\/balmontconseil.com\/en\/wp-json\/wp\/v2\/pages\/241"}],"wp:attachment":[{"href":"https:\/\/balmontconseil.com\/en\/wp-json\/wp\/v2\/media?parent=861"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}