Why Invest In Philippines Real Estate
The Philippines is on the verge of a phenomenal future
The Philippine currency has reached a 5-year high in 2007 and continues to be strong and resilient, fortified by the economic management of the current administration.
We are on the verge of the biggest real estate boom in history, set to totally eclipse the 1997 Asian crisis, and fueled by money from Filipino Expatriates, foreign investment, and a strong and bullish economy.
Among the 25 priority infrastructure projects expected for completion by 2010 are the LRT line 1 to NAIA, the P21-billion Subic-Clark-Tarlac Expressway, the P6.9-billion Subic Port development the P1.3-billion North Expressway-South Luzon Expressway connection via C-5 Project, and the Edsa Rehabilitation Project. Six of the major projects are set to be completed by March 2007.
The Philippine Stock exchange hit a nine-year record in 2006, opened in 2007 some 30 percent higher, and continues to be strong.
The overall business climate is upbeat and industry leaders and CEOs perceive that 2007 and 2008 will be even better.
The Philippines has emerged a strong second to India in the global outsourcing market. In 2006, it recorded $3.6 billion in earnings, a 50-percent jump from 2005. By 2010 it is expected to earn as much as $12.2billion.
Big outsourcing players in the U.S. such as Sykes Enterprises, Convergys, PeopleSupport Inc, Accenture, and eTelecare Global solutions have already set up headquarters in the Philippines, and Dell computers recently opened a contact center and is on schedule to open a second one this year. The Philippines is becoming a much preferred option as it has stronger cultural ties to the United States than India, and it is expected to catch up and even overtake India as market leader.
Remittances from Filipino Expatriates have grown to over $1.2billion dollars a month!
A surging demand for real estate is expected to sustain a continued surging growth of the Property industry.
The current economic managers of the country have remained steadfast in pursuing a blueprint for an economically prosperous future.
The Philippines is on the verge of a phenomenal future
The Philippine currency has reached a 5-year high in 2007 and continues to be strong and resilient, fortified by the economic management of the current administration.
We are on the verge of the biggest real estate boom in history, set to totally eclipse the 1997 Asian crisis, and fueled by money from Filipino Expatriates, foreign investment, and a strong and bullish economy.
Among the 25 priority infrastructure projects expected for completion by 2010 are the LRT line 1 to NAIA, the P21-billion Subic-Clark-Tarlac Expressway, the P6.9-billion Subic Port development the P1.3-billion North Expressway-South Luzon Expressway connection via C-5 Project, and the Edsa Rehabilitation Project. Six of the major projects are set to be completed by March 2007.
The Philippine Stock exchange hit a nine-year record in 2006, opened in 2007 some 30 percent higher, and continues to be strong.
The overall business climate is upbeat and industry leaders and CEOs perceive that 2007 and 2008 will be even better.
The Philippines has emerged a strong second to India in the global outsourcing market. In 2006, it recorded $3.6 billion in earnings, a 50-percent jump from 2005. By 2010 it is expected to earn as much as $12.2billion.
Big outsourcing players in the U.S. such as Sykes Enterprises, Convergys, PeopleSupport Inc, Accenture, and eTelecare Global solutions have already set up headquarters in the Philippines, and Dell computers recently opened a contact center and is on schedule to open a second one this year. The Philippines is becoming a much preferred option as it has stronger cultural ties to the United States than India, and it is expected to catch up and even overtake India as market leader.
Remittances from Filipino Expatriates have grown to over $1.2billion dollars a month!
A surging demand for real estate is expected to sustain a continued surging growth of the Property industry.
The current economic managers of the country have remained steadfast in pursuing a blueprint for an economically prosperous future.
Investing on Real Estate in the Philippines
The Philippines is dubbed as the world's "Most Popular Destination in Asia" on a recent research conducted at the recent World Trade Fair (WTF) 2009.
FOR IMMEDIATE RELEASE
PRLog (Press Release) – Jul 03, 2009 – The Philippines is dubbed as the world's "Most Popular Destination in Asia" on a recent research conducted at the recent World Trade Fair (WTF) 2009. The contest was administered by the Shanghai Municipal Tourism Administration and VNU Exhibition Europe.
Tourism Secretary Ace Durano said that this recognition is yet another notable milestone in the industry. According to him, “The Philippines is one of the fastest growing destinations in China's outbound travel industry, recording a 74% month-on-month growth rate in visa issuances for February this year. We are also the nearest tropical beach country for the Chinese, as Manila is only two hours away from Guangzhou, while Cebu is only three hours away from Shanghai."
Most Chinese tourist comes over to see and experience beach holidays in the country. According to reports, the Philippines has the Best Leisure Destination in WTF 2008, for Boracay; the Top Ten Island Getaways for Chinese Summer Travel, for Bohol; the only Asian entry in the list of premier destinations in the acclaimed World Traveler magazine; and the Top Ten Most Searched Destination among Shanghai online users.
In an interview with Manila Bulletin, Shanghai-based Philippine Tourism Attaché to China, Gerry Panga, shared, "The country's continued and consolidated efforts in promoting a wide array of travel opportunities to its Asian neighbors have indeed resulted to our strong market performance despite the global crunch."
The Department of Tourism (DOT) Regional Office reported 4.01% in tourist arrival to the pristine Boracay Island in Aklan province for the months of January and February 2009. The total registered visitors to Boracay reached 99,939 compared to the figure for the same months of last year which was 96,085. This visits generated a total of Php1,837,218,612.69 for the months of January and February.
Along with this milestone in the country's tourism industry is an opportunity to further lure potential investors and nurture investments in the country.
The Philippines has so much property investment to offer both local and foreign investors. Currently, there are hotel, resorts, and condominiums that ideal for holiday trips and retirements.
A wide range of property in the Philippines is open for foreigners and expats looking for a place to relax and call their own. Among the most popular and most profitable Philippines investment property is Metro Manila. Investment properties in this area promises close proximity to malls, schools, hospitals and other important infrastructures. Investment properties in this area also promise high rental yields.
The Philippines is dubbed as the world's "Most Popular Destination in Asia" on a recent research conducted at the recent World Trade Fair (WTF) 2009.
FOR IMMEDIATE RELEASE
PRLog (Press Release) – Jul 03, 2009 – The Philippines is dubbed as the world's "Most Popular Destination in Asia" on a recent research conducted at the recent World Trade Fair (WTF) 2009. The contest was administered by the Shanghai Municipal Tourism Administration and VNU Exhibition Europe.
Tourism Secretary Ace Durano said that this recognition is yet another notable milestone in the industry. According to him, “The Philippines is one of the fastest growing destinations in China's outbound travel industry, recording a 74% month-on-month growth rate in visa issuances for February this year. We are also the nearest tropical beach country for the Chinese, as Manila is only two hours away from Guangzhou, while Cebu is only three hours away from Shanghai."
Most Chinese tourist comes over to see and experience beach holidays in the country. According to reports, the Philippines has the Best Leisure Destination in WTF 2008, for Boracay; the Top Ten Island Getaways for Chinese Summer Travel, for Bohol; the only Asian entry in the list of premier destinations in the acclaimed World Traveler magazine; and the Top Ten Most Searched Destination among Shanghai online users.
In an interview with Manila Bulletin, Shanghai-based Philippine Tourism Attaché to China, Gerry Panga, shared, "The country's continued and consolidated efforts in promoting a wide array of travel opportunities to its Asian neighbors have indeed resulted to our strong market performance despite the global crunch."
The Department of Tourism (DOT) Regional Office reported 4.01% in tourist arrival to the pristine Boracay Island in Aklan province for the months of January and February 2009. The total registered visitors to Boracay reached 99,939 compared to the figure for the same months of last year which was 96,085. This visits generated a total of Php1,837,218,612.69 for the months of January and February.
Along with this milestone in the country's tourism industry is an opportunity to further lure potential investors and nurture investments in the country.
The Philippines has so much property investment to offer both local and foreign investors. Currently, there are hotel, resorts, and condominiums that ideal for holiday trips and retirements.
A wide range of property in the Philippines is open for foreigners and expats looking for a place to relax and call their own. Among the most popular and most profitable Philippines investment property is Metro Manila. Investment properties in this area promises close proximity to malls, schools, hospitals and other important infrastructures. Investment properties in this area also promise high rental yields.
Top 11 Reasons to Visit the Philippines
by Counselorhelp on 03/05/09 at 5:59 am
Ever wanted to visit an unspoiled tropical paradise? Or maybe have a new life for a quarter the cost, or perhaps you’re just an intrepid traveler? No matter what your reason, maybe you should consider the Philippines!
No matter what your travel enjoyments are, (unless you like ski-ing or winter sports) the Philippines will have pleasures in abundance for you! It’s a land of smiles, great food, and music everywhere! The Philippines is simply bustling with life, and it’s a must visit for the following 10 reasons!
Tropical Weather
Average temperatures are 30 degrees C, and the beaches are readily available everywhere, and they are clean and safe to swim in! White sandy beaches and beautiful tropical sun are a big reason why people come to the Philippines! Just make sure to enjoy your mid afternoon nap!
Smiles
Filipinos love to smile! There’s no escaping it! When you leave your hotel room or apartment - wherever you’re staying, you will be greeted by smiles from the staff, then from ordinary people in the street, and in shops and stores and restaraunts! No matter what, you’ll get a smile from people here, so go ahead, get a nice big Air Conditioned Hotel room with US/European/Chinese/Korean/Filipino cable TV, rent a motorbike and just soak in the sun and smiles from the Filipinos here!
Exchange Rate/ Cost of Living
At it’s lowest, $1 US is equivalent to around 50 Philippines Peso. This means a great standard of life for you! Lets look at it:
• The nice A/C hotel room: $20 US
• Renting a motorcycle per day: $3 US
• Enjoying a 3 course meal in a nice restaraunt: $4-5 US
• Buying a new blouse or T Shirt: $7 US
The cost of living is a lot less in the Philippines than in the West, which means you can get more “bang for your buck”!
English Language is Widely Spoken
In fact, it’s one of the official languages of Philippines (along with Filipino - a derivative of Tagalog). If you are in any of the Cities, people will be more than happy to communicate with you in English! This is compared with Hong Kong, or Thailand or Indonesia, where people will perhaps not be so forthcoming with English Language!
Native Food
Food in the Philippines is something of an obsession. It can be sweet, savory, salty, or anything you want. It’s a unique fusion of asian cuisine with Spanish and American Influences! To imagine what it’s like, just imagine mexican food influenced by chinese food and you’ll understand.
My personal favourites are
Chicken Adobo, Chicken sizzig, Lechon Baboy, and Tuyok Manok!
Also, if you like a good barbecue then any beach on any town in the Philippines is the place to go! You can get almost anything you want here when it comes to food, so if you’re a foody, you will definately find something you will love!
If you have a sweet tooth, come here for the Halo Halo or Leche Flan and you will not be disappointed!
Of course, if you like Pizza Hut, KFC, McDonalds etc, Philippines has these also. For less than a quarter of the price of the same thing in US or Europe!
Filipino/Filipina disposition
Filipinos have a special kind of disposition which makes them famous and loved worldwide. Hard workers, Ardent party animals, non- confrontational people who always want to invite you to share any blessings they have! As noted before, they love to smile, so just soak it up and enjoy it! The people here are truly beautiful!
Filipinos Love Foreigners
Call it the colonial mentality, or whatever, the Filipinos will do anything to make a foreigner feel at home when visiting in the Philippines. If you make a cultural mistake, don’t worry, the Filipino will know you are a foreigner and will make exception for you! You really have nothing to worry about when visiting the Philippines!
Beaches, Beer and Babes (for the Guys)
Ok, most guys like to look at nice women, and they are here in abundance. With their brown silky skin and their jet black hair and their Big, genuine smiles, these women will have you enjoy yourself! In addition to that, beer can be bought here for less than a dollar per litre/ 50c for a bottle! So just imagine yourself on a white sand beach with perfect blue water, in tropical sun, relaxing at a bar enjoying your litre of San Miguel and enjoying the view of the beautiful girls in their bikinis, and you’re there!
Malls, Pesos and Value (for the Girls)
The Philippines is FULL of malls! People here love to shop, and it’s amazing how little you will pay to enjoy yourself! Let’s say, imagine a typical shopping spree for you in the US or Europe, how much would you pay? Divide that figure by 4 or 5, then that’s how much you’ll spend in the Philippines for your shopping spree! Love it?
Medical and Dental Tourism!
You can get a medical checkup in the Philippines for $2-$3 US. You can have a hospital bed for $4US per night.
I had some orthodental work done by my expert Dental Surgeon and the total for several hours of work came to less than $30 US! In the UK, where I am from the same would have cost more than $450US - and the doctor would have been less polite and friendly in my country!
If this is reason enough to travel to the Philippines, then give it a chance! If you liked this list, then please hit “I like it” and leave a comment!
Did I mention the money?
The Philippines is the perfect place to ride out a recession, credit crunch, or depression!
by Counselorhelp on 03/05/09 at 5:59 am
Ever wanted to visit an unspoiled tropical paradise? Or maybe have a new life for a quarter the cost, or perhaps you’re just an intrepid traveler? No matter what your reason, maybe you should consider the Philippines!
No matter what your travel enjoyments are, (unless you like ski-ing or winter sports) the Philippines will have pleasures in abundance for you! It’s a land of smiles, great food, and music everywhere! The Philippines is simply bustling with life, and it’s a must visit for the following 10 reasons!
Tropical Weather
Average temperatures are 30 degrees C, and the beaches are readily available everywhere, and they are clean and safe to swim in! White sandy beaches and beautiful tropical sun are a big reason why people come to the Philippines! Just make sure to enjoy your mid afternoon nap!
Smiles
Filipinos love to smile! There’s no escaping it! When you leave your hotel room or apartment - wherever you’re staying, you will be greeted by smiles from the staff, then from ordinary people in the street, and in shops and stores and restaraunts! No matter what, you’ll get a smile from people here, so go ahead, get a nice big Air Conditioned Hotel room with US/European/Chinese/Korean/Filipino cable TV, rent a motorbike and just soak in the sun and smiles from the Filipinos here!
Exchange Rate/ Cost of Living
At it’s lowest, $1 US is equivalent to around 50 Philippines Peso. This means a great standard of life for you! Lets look at it:
• The nice A/C hotel room: $20 US
• Renting a motorcycle per day: $3 US
• Enjoying a 3 course meal in a nice restaraunt: $4-5 US
• Buying a new blouse or T Shirt: $7 US
The cost of living is a lot less in the Philippines than in the West, which means you can get more “bang for your buck”!
English Language is Widely Spoken
In fact, it’s one of the official languages of Philippines (along with Filipino - a derivative of Tagalog). If you are in any of the Cities, people will be more than happy to communicate with you in English! This is compared with Hong Kong, or Thailand or Indonesia, where people will perhaps not be so forthcoming with English Language!
Native Food
Food in the Philippines is something of an obsession. It can be sweet, savory, salty, or anything you want. It’s a unique fusion of asian cuisine with Spanish and American Influences! To imagine what it’s like, just imagine mexican food influenced by chinese food and you’ll understand.
My personal favourites are
Chicken Adobo, Chicken sizzig, Lechon Baboy, and Tuyok Manok!
Also, if you like a good barbecue then any beach on any town in the Philippines is the place to go! You can get almost anything you want here when it comes to food, so if you’re a foody, you will definately find something you will love!
If you have a sweet tooth, come here for the Halo Halo or Leche Flan and you will not be disappointed!
Of course, if you like Pizza Hut, KFC, McDonalds etc, Philippines has these also. For less than a quarter of the price of the same thing in US or Europe!
Filipino/Filipina disposition
Filipinos have a special kind of disposition which makes them famous and loved worldwide. Hard workers, Ardent party animals, non- confrontational people who always want to invite you to share any blessings they have! As noted before, they love to smile, so just soak it up and enjoy it! The people here are truly beautiful!
Filipinos Love Foreigners
Call it the colonial mentality, or whatever, the Filipinos will do anything to make a foreigner feel at home when visiting in the Philippines. If you make a cultural mistake, don’t worry, the Filipino will know you are a foreigner and will make exception for you! You really have nothing to worry about when visiting the Philippines!
Beaches, Beer and Babes (for the Guys)
Ok, most guys like to look at nice women, and they are here in abundance. With their brown silky skin and their jet black hair and their Big, genuine smiles, these women will have you enjoy yourself! In addition to that, beer can be bought here for less than a dollar per litre/ 50c for a bottle! So just imagine yourself on a white sand beach with perfect blue water, in tropical sun, relaxing at a bar enjoying your litre of San Miguel and enjoying the view of the beautiful girls in their bikinis, and you’re there!
Malls, Pesos and Value (for the Girls)
The Philippines is FULL of malls! People here love to shop, and it’s amazing how little you will pay to enjoy yourself! Let’s say, imagine a typical shopping spree for you in the US or Europe, how much would you pay? Divide that figure by 4 or 5, then that’s how much you’ll spend in the Philippines for your shopping spree! Love it?
Medical and Dental Tourism!
You can get a medical checkup in the Philippines for $2-$3 US. You can have a hospital bed for $4US per night.
I had some orthodental work done by my expert Dental Surgeon and the total for several hours of work came to less than $30 US! In the UK, where I am from the same would have cost more than $450US - and the doctor would have been less polite and friendly in my country!
If this is reason enough to travel to the Philippines, then give it a chance! If you liked this list, then please hit “I like it” and leave a comment!
Did I mention the money?
The Philippines is the perfect place to ride out a recession, credit crunch, or depression!