An Act Liberalizing the Lease of Private Lands by Foreign Investors (Republic Act No. 12252).

The Act liberalize and strengthen the legal framework for long-term leasing of private lands by foreign investors in the Philippines, while upholding the constitutional policy on national patrimony. It promotes a stable and reliable investment environment by allowing lease terms of up to 99 years for qualified, registered investments in productive sectors such as industry, commerce, tourism, agriculture, agro-forestry, and ecological conservation, subject to safeguards on land use, agrarian reform, local government authority, and national security. The Act clarifies registration, transferability, renewal, and termination rules for long-term leases, strengthens oversight by investment agencies, regulates subleases, and imposes penalties for violations, ensuring transparency, legal certainty, and alignment with national development priorities.