The Complete Relocation Guide for Japanese & Korean Expats in Manila
CONDO MAKATI Concierge
Expat Relocation Specialist
From 40% foreign ownership rules to SRRV visas — everything non-Filipino investors need to know before signing a lease or purchasing a condo in Metro Manila.
Why Manila is the Top Relocation Destination in Southeast Asia
English is an official language, cost of living is 30–50% below Singapore and Tokyo, and the Philippines has no restrictions on foreign ownership of condominium units (subject to the 40% per-floor quota). For Japanese and Korean executives being posted to Manila — or making individual relocation decisions — the quality-of-life proposition is exceptional: premium condo living at a fraction of first-tier Asian city costs.
The 40% Foreign Ownership Rule: What It Actually Means
Philippine law allows foreigners to own condominium units as long as foreign ownership in any given condominium project does not exceed 40% of the total units. In practice, this means:
• Premium BGC and Makati towers frequently have waitlists for foreign buyers • Buying through a reputable agent with early allocation is critical • Land cannot be owned by foreigners — only the condo unit itself • House and lot ownership is possible through long-term lease (50+25 years) or through a Filipino spouse/corporation
For most Japanese and Korean expats, purchasing a condo unit is the cleanest and most legally straightforward entry point.
Visa Options for Long-Term Residents
Special Resident Retiree's Visa (SRRV): Open to nationals of most countries including Japan and Korea. Requires a time deposit of USD 10,000–50,000 depending on age. Grants unlimited stay and multiple-entry privileges.
9(g) Pre-arranged Employee Visa: For those employed by Philippine-registered companies. Most common for Japanese/Korean executives on corporate postings.
47(a)(2) Special Investor's Resident Visa: For investors putting USD 75,000+ into a Philippine enterprise. Grants permanent residency status.
For most short-to-medium term postings (1–3 years), a series of 9(a) Tourist Visas extended every 59 days is the most practical approach.
Neighborhood Guide: Where Japanese & Korean Expats Live
BGC (Most Popular): Highest concentration of Japanese and Korean restaurants, convenience stores, and cultural amenities. Easy access to JICA offices and Korean business associations. Premium pricing but unmatched lifestyle infrastructure.
Makati CBD: More established, slightly older building stock, excellent transport links. Popular with finance and banking professionals. Greenbelt and Glorietta malls provide world-class dining and retail.
Rockwell: Ultra-premium, small community, extremely walkable. Power Plant Mall is one of the best in Manila. Very limited inventory makes this a scarcity-value play.
Alabang: For families with school-age children, Alabang offers access to top international schools (Faith Academy, British School Manila) and a calmer, greener environment.
Practical Setup: First 30 Days in Manila
Week 1: SIM card (Globe or Smart), bank account (BPI or BDO for foreigners), registration with your country's embassy.
Week 2: Utility setup — Meralco (electricity) requires unit turnover documents; water is usually handled by building management; internet (PLDT Fiber or Converge — expect 2–4 week installation wait).
Week 3: Tax Identification Number (TIN) from BIR — required for property purchases and employment. Japanese nationals should register with JICA or Japan Club Manila for community support.
Week 4: Alien Certificate of Registration (ACR I-Card) from Bureau of Immigration — required for stays over 59 days.
CONDO MAKATI's concierge service can assist with all of the above, including translation support in Japanese and Korean.
Ready to find your Manila property?
Our bilingual team (English / Japanese / Korean) helps you navigate every step — from shortlisting to title transfer.