Buying a condo in the name of a child

wasak

New member

Member since 19 May 2017

wasak

15 March 2018 13:26:31

wasak

15 March 2018 13:26:31

Hello,

I am a French citizen living in France but i have spent some time in Manila (i was there for over a year). I am considering buying a condo in Manila but in the name of my kid. He is 10 years old and also a French citizen. I prefer to buy it in his name so that when i die it's already his.

Has anybody here done this? If so, what documents were needed? If the child is an adult, i suppose a power of attorney (SPA) would be needed but for a minor probably not. Maybe other things too. Can't find anything useful on the web.

Thank you.

Leanzac

New member

Member since 18 February 2018

Zamboanga City, Zamboanga Peni

Leanzac

19 March 2018 07:11:58

Leanzac

19 March 2018 07:11:58

Zamboanga City, Zamboanga Peni

Hi Wasak!

Have you tried visiting Cebu other than Manila?

Facilities in Cebu are not only world-class but are more advanced than those in Manila. With its well-planned urban development, Cebu has increasingly trumped the offerings of Metro Manila.

Regarding your question, I asked from my supervisor and the requirements needed are:
-affidavit of undertaking executed by legal guardian
-copy of guardianship bond issued by court
-ID parents/ Passport of your child

Please let me know if this helps