Money & Business
We believe there is a huge business opportunity for expats in the Philippines.
From real estate, to online ecommerce, to outsourcing operations – the Philippines has a lot of money making chances.
But at the same time, there is also a lot of pitfalls and traps.
Here at Expat.com.ph we are working with you – on your side – to help educate you. By being an educated investor, you can lower your risks – and increase your ROI exponentially.
If you are looking for more guides on money and business, please contact the team and we would love to hear it.
Now, get scrolling and check out the full list of articles on growing your business empire in the Philippines below.
The Philippine peso commonly denoted as (PHP) is the official currency of Philippines distributed by the Bangko Sentral ng Pilipinas (BSP). Philippines has the 36th largest economy globally. The peso has undergone various changes both in design and in comparison against the U.S. dollar as well as the Euro.Read More
Expatriates and foreign investors are always looking for booming industries to invest in. When they see that a country’s economy is progressing, these business sharks instantly look at getting the bigger bite from these lucrative trades. Here are five top business industries that expats should definitely consider when ...Read More
For expatriates living in the Philippines, you can buy your own condo unit, better than renting. Purchasing a condo within the metro can be thought-provoking. Like any investment endeavor, there are risks. Do not be a patsy to real estate agents who will sweet talk his way into your approval and regret your decision afterward. Here are several ...Read More
If you own a company in the Philippines or plan to start one, it is important to be aware of the country’s law about holiday pay and the 13th Month Pay. What is the 13th Month Pay? Table of Contents What Is Thirteenth Month PayException To The RuleEmployees Who Are QualifiedChristmas Bonus Vs 13th Month PayTiming Is EverythingMore Tips ...Read More
If you’re a foreigner with pressing financial needs, there are various ways of getting local loans for expats in the Philippines. The process may not always be easy but possible if you have the necessary papers. No need for loan sharks charging exorbitant interests. There are legit lending establishments around ready to serve expats, like banks. So try Citibank, Standard ...Read More
Few weeks ago, we had a chance to sit down and talk to Frankie and Danny, the co-founders of Autodeal.com.ph, one of the most successful online automotive sites in the region. We at Expat.com.ph are very interested to meet with highly successful expats running successful businesses in the Philippines. Matt Stuart (Expat.com.ph) (E): What brought you to the Philippines? ...Read More
CLARK FREEPORT ZONE, Philippines — Foreign investors are still bullish about the strong growth prospects of the Philippines amid concerns about rising inflation as well as the weakening peso, officials of London-based investment bank Barclays and SMBC Nikko Securities of Japan said. “Expectations did not fundamentally change. We have been positive about the growth outlook of the Philippines for quite ...Read More
MANILA, Philippines — The bloodbath in the market has not abated as another round of foreign outflows plunged the market deeper into bear territory. The benchmark Philippine Stock Exchange index (PSEi)plunged by another 86.50 points, or 1.19 percent, to end at 7,134.73 while the broader All Shares likewise dipped to 4,411.96, down 42.75 points, or 0.96 percent. The rest of ...Read More
The main hassle in securing Philippine business permits is when you keep going back to city hall for prerequisite documents you missed securing. So here are simple but all-inclusive steps that will help you bring everything you need to enjoy, if possible, a one-stop business permit processing at city hall. Table of Contents DTI Registration for Solo ProprietorshipSEC RegistrationBarangay ...Read More
Working in the Philippines soon? Say hello to new obligations, and goodbye to old responsibilities. No, no, no. Just kidding! We don’t want you to run away from your duties, that’s why we’re here to help you settle your finances even when you’re away from home with our guide to sending money overseas from the Philippines. Sure we know that ...Read More
According to World Bank figures, now is the time to be starting a business in the Philippines. It expects the Philippine gross domestic product (GDP) to grow 6.7 percent this 2018 and sustain it till the next year. In fact, it sees a robust economy sustained for the next three years, being the “fastest –growing economy in the Southeast Asian ...Read More
When it’s year-end period, most employees start anticipating their tax refund (if any) as a welcome tiny sum to boost their budget a bit. So this time of year, they refresh their taxation skills with a Philippine tax refund guide. And foreign nationals working here may also want to take a peek inside an expats’ guide to tax refund in ...Read More
Retirement becomes a more exciting prospect when you plan to retire abroad. You get a fresh new start. But like everything else in life, it needs funding. Retirement overseas is likely to be funded with retirement pension. So, you probably wonder if accessing your pension when retiring overseas is possible. What rules apply? Table of Contents Yes You Can, ...Read More
Featured image: https://www.pexels.com/photo/ballpoint-pen-on-top-of-white-printer-paper-beside-100-u-s-dollar-bill-870902/ Being constantly on the move as an expat has probably gotten yourself used to identifying your to-do list before coming to your new country of assignment. That includes learning how to get your finances set up, especially opening your bank account. So, if it’s your first time to be assigned in a foreign land and that country happens ...Read More
Living in a foreign land makes everything seem more uncertain, which is why you need something to lean on – something that will give you peace of mind that, should the worst happen, people you leave behind will not be left with nothing. A solid life insurance policy can give you this sense of security and more. Getting life insurance ...Read More
After months of research and preparation before coming to the Philippines, you’ve finally arrived in the country. Welcome to your new home! Now that you’re all set, from your workplace to home, it’s time that you get your finances in order. One important thing to know is where to get your currency exchanged to Philippine Peso. We understand that it’s ...Read More
Entrepreneurship is on the rise in the Philippines. With the rise of ecommerce, more and more people are legitimizing what once were side hustles into full-fledged startup businesses. New laws regarding foreign ownerships have also opened more doors for expats to run companies here. The MSME landscape is flourishing, so if you’re thinking of taking part in its growth and ...Read More
After spending a great number of years in the corporate world and raising a family, it’s time to wear a new hat as a retiree. If you live in a country where the temperature is below 0°C it’s a welcome respite to feel the heat in your new country of destination. Throw in the extremely reasonable cost of living where ...Read More
For the past few years, workplace setup has shifted from the traditional one-to-one, desk-based design to an open-plan, more modern and flexible kind of office environment. For many people, this is a positive move as it gives them more freedom to work and it encourages a more collaborative and creative atmosphere. In turn, these people become more productive and contribute ...Read More
Comprehensive Tax Reform Program: What You Need to Know as an Expat The Philippines Comprehensive Tax Reform Program tagged “The Tax Reform for Acceleration and Inclusion (TRAIN)” is the brainchild of President Duterte’s Administration aimed at creating a tax system that is fair, simple, and efficient for everyone, including expatriates living in the country. As an expat, you are required ...Read More