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About Bill and Lorna Collings
Expertise
Feel FREE to ask us about traveling, living, relocating, retiring and investing in the Philippines. Guests from 83 countries make our place in Manila an incredible meeting place for world travelers who exchange travel stories and information. We understand both the joys and the hardships of living and traveling in the Philippines.

Experience
I arrived in the Philippines in January 1980 to travel for 2 months; I stayed 4 months before reluctantly leaving. I met my Filipina wife, Lorna. an incredible stellar, "one in a million" individual in 1983 in Seoul and we moved to the Philippines in 1986 and opened our 3BR house to world travelers on a budget. After welcoming thousands of guests from 83 nations our place has grown to 30 bedrooms but will never lose its "Home away from Home" atmosphere. Almost everyday at The Townhouse Hotel there's a party-like social scene with vibrant, almost magical energetic conversations between our guests who have the pleasure to meet each other and share their life's many experiences. Sometimes. three groups with conversations in different langauges are going on at the same time.
So we've been exposed to every kind of person from all over the world and shared their experiences.

Publications
Suite101.com, eDreams.com, expertcentral.com ( who asked me to apply with allexperts.com since About.com has bought both companies and are in the process of integrating them)

Education/Credentials
some college 2-1/2 years - no degree - I've been traveling since I was 18, almost 30 years.

Awards and Honors
Luckily, my wife and I have been semi-retired since we were 30 years old, more than 15 years.

 
   

You are here:  Experts > Cultures > Southeast Asia for Visitors > Philippines > apartment purchase with tourist visa

Topic: Philippines



Expert: Bill and Lorna Collings
Date: 5/25/2008
Subject: apartment purchase with tourist visa

Question
Hello Bill,

I am interested in purchasing an apartment on Boracay.  I'm 37 right now, can I purchase the apt on a tourist visa or do i need to apply for the retirement visa and deposit the required $ amount?

Answer
Hi Dave, Yes you can purchase a condominium unit as a foreign tourist but yes you also apply for the NEW all around retirement/investment/investment U$1400 visa with the refundable U$10,000 deposit and a list of misc small fees attached. You might want to research the ownership paperwork regarding the many condo units being marketed all over Boracay recently as well as the prices. We have just purchased a highly elevated 2000sqm lot on Boracay and as you might know already own 2000sqm beach front Boracay resort. So I'm in the middle of researching each and every resort, house and lot, condo apartment and land  for sale on Boracay as we plan to resell this 2000sqm perfect for one or more private residential /holiday houses. So email me so I can forward the list of choices to you for your reference. ciao for now, Bill

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