Here’s How OFWs Can Purchase Property Without Being Here in the Philippines.
If you’re working overseas but dreaming of owning a home in the Philippines, you might be wondering—can you buy a house or condo even if you’re not physically here?
The short answer is YES! Thanks to modern technology and legal processes, you can invest in property without setting foot in the country. Here’s how:
Special Power of Attorney (SPA) – When Do You Need It?
Most real estate developers do not require an SPA, although some may ask for it. Many transactions, such as reservations and payments, can be done digitally. In fact, most of our clients did not appoint one and completed their transactions online. However, certain contracts still require physical signatures. To be sure, always check with your broker or agent. If needed, you have two options:
Sign the contracts abroad – Developers can ship documents to your country for signing.
Assign an SPA – If you prefer, you can authorize a trusted representative to sign on your behalf.
Go Digital – Online Transactions Make It Easier
Many real estate developers now offer online reservations, payments, and document processing. You can reserve your unit through an accredited broker or agent. This means you can:
Pay the reservation fee through bank transfer
Pay monthly equity via bank transfer or remittance centers. Some developers require post-dated checks, which can be issued by a trusted friend or relative in the Philippines. Some developers even provide endorsement letters for easier application.
Sign contracts digitally and send scanned copies.
Consider Pre-Selling vs. Ready-for-Occupancy (RFO) Units
If you’re abroad, pre-selling properties (units still under construction) are usually the best choice because:
They require lower upfront payments and flexible terms.
You have more time to complete the payments before moving in or renting it out.
If you need a home immediately, an RFO unit may be better. While the initial costs are higher, the upside is that you don’t have to wait years for the property to be completed.
Avoid Scams – Be Extra Careful
Unfortunately, scams targeting OFWs are common. To protect yourself:
Verify the property and developer – Check with Department of Human Settlements and Urban Development (DHSUD). Here at myhouse.ph we pre-qualify all our listings here for your convenience.
Never send money to personal accounts – Always transact through the developer’s official payment channels. Your agent or broker should provide you with the official payment channels of the developer.
What’s Your Experience?
Have you tried buying a home while working abroad? What was the biggest challenge you faced?
If you know an OFW planning to invest in real estate, share this blog post with them! They need to see this.
Contact Details
Feel free to contact us anytime, day or night, with any questions you may have! You can reach us through Facebook, Messenger, WhatsApp, Phone Calls, Texts, Emails, iMessage, and all other messaging apps. We are committed to providing you with prompt responses and will get back to you as quickly as possible. Your inquiries are important to us, and we’re here to help!