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Can Foreigners Lease Land for 99 Years in the Philippines? (RA 12252)

A 2025 law allows qualifying foreign investors to lease private land for up to 99 years, but only for registered investment projects. Republic Act 12252, signed on September 3, 2025 and reported by BusinessWorld, amends the 1993 Investors’ Lease Act (RA 7652), which capped leases at 50 years plus one 25-year renewal. It does not change the constitutional ban on foreign land ownership.

What the commentary says

  • Who qualifies: foreign investors with a project registered with the Board of Investments or another investment promotion agency.
  • Covered uses: industrial estates, factories, agro-industrial ventures, tourism, agriculture and related priority ventures.
  • Tourism floor: law-firm commentary reports a minimum $5 million investment, with at least 70 percent invested in the project.
  • Termination: reported to be automatic if the land’s purpose is changed without authorization or the investment is withdrawn.
  • Government override: the President may set a shorter term for critical infrastructure or security reasons.

What it means for a retiree or home buyer

It is not a route to a personal home. For a home, the practical options are a condo unit within the 40 percent cap or other lawful structures; see can a foreigner own land? and the condo cap.

General information, not legal, tax or investment advice. Current as of October 2026.

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More answers

Sources: BusinessWorld via Metrobank Wealth Insights; Chambers and Partners; NDV Law; Law.Asia; FNS Law commentary on RA 12252. Current as of October 2026.

Frequently asked questions

Is the 99-year lease law in effect?

Yes. RA 12252 was signed on September 3, 2025, and commentary reports implementing rules issued in January 2026.

Can a retiree lease land for 99 years?

The law is aimed at registered investment projects, so it is not a route to a personal retirement home.

Does this let foreigners own land?

No. It changes lease terms only; the constitutional limit on foreign land ownership is unchanged.

What was the lease limit before?

50 years, renewable once for 25 years, under the 1993 Investors’ Lease Act.