@hnryy
American looking for information about Philippines
Forum
4 posts
About me
American
Registration: 19 February 2023
Activity
Land buying, how much is the Notary fee for Deed of Sale? by Lothar Scholz
All i find online that it should be 1-2%.But here in Mindanao this greedy vulture asked for 5% and acting like he is jesus himself when lowering it to 3%.
Its 1% of the purchase price for a contract deed of sale. If you type it up yourself or use a template, it cost 500 Pesos for notary. if you title the lot it is 6.5% for capital gains tax and 1.5% Stamp Tax. and usually another 20k in fees. Read More
Becoming the local loan 🦈 by Larry Fisher
I recently found out that one of my fiance cousins was buying a used motorcycle. Turns out the deal was basically going to cost about 80% in total interest over 3yrs on a 45k piso loan. As is the fault of many purchaser's they are only interested ...
Don't do it.But if you do do it. Go to a lawyer and get a contract with details. Costs about 500 pesos but well worth it. Read More
Car Rental Manilla by Wellsfry
Looking for suggestions on a car rental company to use in Manila... I will need a car for 3 - 4 weeks.
Yes. I agree. Facebook is the easiest method. They will drop off the car and pick it up at the airport. The prices are negotiable. I rented a Toyota innovo for 2000 pesos per day last year when I visited. But it was a long term rental. Also, make ... Read More
Moving to PH in the next 18-24 mo. by sfowler2760
Hello everyone, I'm Scott and I have been toying with expating to say...Cebu in the not to distant future. Like most of you I'm guessing, I want to live better with less. I also love scuba diving and don't get the chance much in the states. That ...
@sfowler2760 Hi. I think you will be ok but you can live a more comfortable lifestyle if you purchased a property for about 20k - 40k USD. Thats about 1 - 2 million pesos. And then if you had a car. You can find many used cars or condos or town ... Read More