Foreign Nationals,Expats can own House & Lots,Condo units at The Enclave located at Angeles City,Pampanga,Philippines

The Enclave Residences - House and Lots -- the most luxuriously developed subdivision in Angeles City
The 200 units (House and Lots Condominium units) can be owned by foreign businessmen and expatriates in Clark Freeport and surrounding communities.
Foreigners can own units at The Enclave under their own names or after the names of their respective investment companies This is allowed under the Condominium Act of the Philippines or Republic Act (RA) 4726.
RA 4726, expressly allows foreigners to acquire condominium units and shares in a condominium corporation up to 40% if the total outstanding capital stock is registered to a Filipino-owned or controlled corporation.
“While many of us have the perception that condominiums are of the high-rise variety, there are also few single-detached homes or even townhouses in the Philippines with condominium titles, and The Enclave is being developed in that same direction,”
There at least 500 lots available at The Enclave -- 200 lots will be developed as condominium units and 40 percent of the units can be allotted to foreign nationals.
The Enclave is the newest addition to class and cozy residential villages in Angeles City. It is a 20-hectare posh housing area that is designed with the best amenities and facilities including a fitness center, basketball and badminton courts, pool, bar, specialty restaurants, and ampitheater. Said to be the Forbes Park of Angeles City, The Enclave consists of American inspired houses, soothing only the taste of choosy homeowners. It features nine types of modern style homes.
Under GAs development plan and policy that complies with the provisions of RA 4726, foreign nationals based at Clark Freeport or at Angeles City can purchase units at The Enclave and have them registered under their names.
The purchased properties can eventually be re-sold or transferred to another person or entity in the future.
Clark Freeport, Angeles City and the adjoining town of Mabalacat City and City of San Fernando are known to be favorite investment areas of Americans, Koreans, Japanese, Taiwanese and European executives.
There are 672 registered firms inside the Clark Freeport alone, 250 of which or 36 percent either are foreign-owned or have foreign equities.
Investors from the USA top the foreign investments with 22 investment projects.
“There is no skirting the laws of the land. And there is no need to form Philippine Corporations or use a "trustee" to hold memberships or shares "
"Should any of our our foreign clients decide to take units at The Enclave,no problem, you are fully protected"
"This is perfectly legal,”
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