President Ferdinand Marcos Jr. has signed Republic Act 12252, which allows foreign investors to lease private lands in the Philippines for up to 99 years, amending the previous limit of 50 years plus a 25-year renewal.
The law permits the President to impose shorter lease terms for investments in critical infrastructure or vital industries for national security.
Foreign investors must have approved investments and comply with regulations from the relevant investment agency.
For tourism projects, leases are limited to investments of at least USD 5 million, with 70% of the funds invested within three years, or the contract may be terminated.
Non-investing foreigners remain subject to existing laws limiting land leases to 25 years, renewable for another 25 years.
Source: PhilNews24 | September 6, 2025
NEW PHILIPPINE LAW ALLOWS FOREIGN INVESTORS TO LEASE LAND FOR 99 YEARS
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