Amendments to Foreign Investments Act

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Republic Act No. 8179: Amendments to Foreign Investments Act

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Title Source: Supreme Court: Amendments to Foreign Investments Act

Law: Republic Act No. 8179

Decision Date: Mar 28, 1996

Republic Act No. 8179 amends the Foreign Investments Act of 1991, allowing non-Philippine nationals to own up to 100% of domestic market enterprises and granting investment rights to former natural-born Filipinos, while also allowing natural-born citizens who lost their Philippine citizenship to acquire private land for business purposes, with the aim of further liberalizing foreign investments in the Philippines.

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