MikeLigalig.com

The Committee on Constitutional Amendments of the House of Representatives on Tuesday approved a resolution which seeks to amend the economic provision of the 1987 Constitution.

With a vote of 11 in favor as against four, House Resolution no. 737, authored by Speaker Prospero Nograles, which proposes amendments to Sections 2 and 3, Article 12 of the Constitution to allow the acquisition by foreign corporations and associations, and the transfer or conveyance thereto, of alienable public and private lands, the committee on Constitutional Amendments approved the proposed measure and recommends it for plenary deliberation.

Committee chair and La Union Rep. Victor Ortega, in an interview, said the proposed measure was thoroughly discussed and that all sides were given fair chance to air their manifestations.

With the approval of the committee, he expects the bill to be deliberated at the plenary by March, including what mode to use in amending the 1987 Constitution. - PNA

Linkback: https://tubagbohol.mikeligalig.com/index.php?topic=17693.0

What do you think, guys?  Is this a good resolution?

Linkback: https://tubagbohol.mikeligalig.com/index.php?topic=17693.0

Lumine, there are plenty of priveleges accorded to a foreigner to stimulate investments in our country, especially your husband is married to a Filipina (naturalized or not). Please check the website of the Phil Foreign affairs to know the  details.

Manay

Linkback: https://tubagbohol.mikeligalig.com/index.php?topic=17693.0

I think it should be allowed. Foreigners are able to buy American land, even if they aren't US citizens. The King of Saudi Arabia (not American citizen) owns American assets and land.
Even GMA holds some American assets. Foreigners owning Filipino land will stimulate the economy and bring dollars and Euros to the country. Good for local businesses translates in strengthening the local dynamics.

Linkback: https://tubagbohol.mikeligalig.com/index.php?topic=17693.0

The Philippines needs to take advantage of our intrinsic qualities and location. Our beaches are second to none. Our lush environment is exotic. Our lands are fertile. Our people are extremely and highly trained/ intelligent. Our mastery of the English language is something to be marveled at by our other Asian neighbors who have difficulty in speaking English.

Bring foreigners into the Philippines, if you let them own territory, they'll pay taxes for it. They'll end up living in the Philippines, pour resources into the local markets, buy local foods, and grow accustomed to Filipino way of life. And ultimately become 'Filipino'.

Philippines has alot to offer. And at the same time we have alot to gain. A "win/win" situation.



Linkback: https://tubagbohol.mikeligalig.com/index.php?topic=17693.0

manay, wala naman sad syay money na i-invest. ang ako lang na the properties we have which are in my names, gusto ko na sa iya ang name or di ba sa amo duha kay sa iya man jud ang money. i guess, it's fair na sya paminawon.

Linkback: https://tubagbohol.mikeligalig.com/index.php?topic=17693.0

mag-dual citizenship dear onic,pwede man cguro,just like baby matt.

Linkback: https://tubagbohol.mikeligalig.com/index.php?topic=17693.0

Lumine, will the Belgian government allows dual citizenship? This doesn´t hold true in Germany.

Linkback: https://tubagbohol.mikeligalig.com/index.php?topic=17693.0

I´m glad to hear that, there was a case that some Turks keep both citizenship, Turkey and German. As the German government discovers this in the city of Hamburg, they confiscate their German passports, and there was panic, they have to renew all their working permits, permit to stay etcetera.
I was asked by the authorities to retain only one passport and I said yes. This was a necessity for my children so it is easier for them to travel.

Linkback: https://tubagbohol.mikeligalig.com/index.php?topic=17693.0