A Reaction on Aliens’ Ownership Right of Real Property in the Philippines Essay

A Reaction on Aliens possession Right of Real Property in the FilipinosAng Pilipinas ay para sa mga Pilipino. (The Philippines is for the Filipinos)Does it sound patriotic or nationalistic? Or does it pertain to self-centered motives or mercenary actions?It is a circumstance that many aliens receive been invading to the Philippines. Yes, they argon aliens the non-Philippine nationals or foreigners. Most of them atomic number 18 mesmerized and attracted to the beautiful sceneries around the Philippine archipelago. Others overly pursue their business c beers in the country, they argon the investors, and the business oriented people who desire to put up their capitals and trade whether in a form of sole proprietorship, union or heap.The aliens atomic number 18 granted the decent to acquire a land or real property (immovable property) provided that they will hire the provisions under the Philippine Anti-Dummy natural law the limitations on certain economic act including the e njoyment of rights. In line with the condominium Act of the Philippines, Republic Act 4726, the aliens are addicted the right to completely knowledge a condominium unit however when it comes to project, the corporation must be imperturbable of only 40%foreign investors. On the other hand, under the Investors take a track Act of the Philippines, foreign nationals or corporation may enter into lease reason with Filipino landowners for an initial period of 50 years and a renewable adjunct of 25 years.As we try to dig to the law, it is re solelyy pro-Filipino. We noticed that the there are only 40% foreign investors or the stockholders and the 60% come from Filipinos. Its besides obvious that the aliens are prohibited to completely possess lands which are really in accordance to Article XII, Section 7 of the Philippine Constitution.Talking about the 40% foreign capitalists and investors, the Philippinegovernment ordure plus taxes from them which in turn ignore be used to accommodate earthy good for the Filipinos.The issue on precession Development Assistance Fund (PDAF) or prominently called pork barrel barges in. That extensive amount of money came from the taxpayers, both the Philippine nationals and non-Philippine nationals. But due to institutionalized corruption, the money which is intended for the people in the guild are being stole by some of the national officials. This is another quandary that the Philippine government should take into comity and action.Back to the issue on aliens, the inferior are skeptical whether the foreigners are given the right to fully own resources in the country or not. This is to clarify that they are not given the full indorsement they are mediocre given the fortune to get into the business world which in turn both the aliens the Filipinos can gain something. It does not mean that though they have been advancing to the country, they steal whats ours. in that location are laws for them to follow, thus, t heres no way for us to worry.The law has been already promulgated. All we can do is to set with it, just no racial deviation, just focus for the common good of all Filipinos.The aliens are striving for their benefits, the same way should we act for ourselves. Lets do our part and adhere to our virtues as we maintain burning the Filipino spirit