7.28.2020

Buying Land In The Philippines Part 8: Converting Land Use Type

Buying Land In The Philippines Part 8: Converting Land Use Type



I saw that many readers are interested in this topic and decided to add it.

I will update this post soon, but simply put reclassification can be done through the Municipal Assessor. It is important to be thoughtful how it is done because different land use types are assessed at different tax rates. It may be cheaper to make only part of your land residential and the remainder some other type, like orchard etc....

More to come in a few days.

No comments:

Post a Comment

If you have comments, corrections or questions we would be happy to hear from you. Do not bother leaving your email address, as we do not contact people outside of this site. Any response will be found here in the comment section.