Originally Posted by Bealinehx (Post 12500261)

Point taken.
However, please explain how an unwritten policy works?

Originally Posted by Stokkevn (Post 12500287)

Marriage - a fantastic institution, I have been married for over 35 years - 3 different wives but that's another story.

Originally Posted by Philosophical 11 (Post 12499213)

Millhouse:

Now we are reading from the same page. Many readers think she is only after my money....I don't obviously. But she will know that she will get nothing if the relationship breaks down due to scamming.

Regards

Originally Posted by Philosophical 11 (Post 12500377)

David M,

Correct. A foreigner cannot own property in the Phils unless he has built it. Condo's have separate rules but not applicable in my case. I am not buying a condo.

Regards

Originally Posted by Gazza-d (Post 12500416)

To own the building you must buy an empty lots and build from new. You can't buy a lot with house and split it.

Originally Posted by David Mashael (Post 12500467)

Correct, that is why I suggested to 11, that he should build a house rather than buy the one he is living in.

Originally Posted by Gazza-d (Post 12500473)

Where this all falls down is when you try and recover your money, unless your partner has the funds you can't get blood from a stone so even if awarded by the courts you would possible get the judgement but not the money that is not there.

Originally Posted by David Mashael (Post 12500479)

Yes agreed. In my own case, my concern is not to safeguard my investment should the marriage fail, more for security of tenure should the worse happen and something should happen to my wife and she passed before me. Extremely unlikely, considering the age difference, but accidents do happen.

Originally Posted by Philosophical 11 (Post 12500492)

House purchase:

I have documented this all before, but for those who have made comments here have either not read or forgot what I wrote. But I understand that. For those, I shall try to explain again.

An attempt for house purchase will be made after marriage. Now, I have been informed that for me to get a loan to finance a project, an income from my pensions is not accepted by any lending banks I have approached. However, my lovely ladies income would be acceptable. Her income would comprise of profits made from her business....and what I pay her for whatever job as appropriate. Because she has no documented accounts (yet), a bank account that has been dormant for a couple of years, I seriously doubt that a bank will loan her the amount required. Now, if some miracle occurs and she obtains a loan....in her name....from her bank account....and the marriage hits the rocks, I will not "employ" her and she has a significant amount of income. She would not be able to afford the repayments.

Why should I build a home....so I can own it? Firstly, I do not have the income nor capital to finance such a project. Secondly, at my age.....I just cannot be asked.

Regards