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Originally Posted by etsys
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Seriously talk though: the Philippines is such a bad place for investment unless you want to launder black money into the "grey" industry with no fear of risk.
I track Philippines business development and commercial real estate as part of my job and it is full of major issues for foreign investors. There are foreigners who can make a living here for sure but overall it is not good for most people with money to invest.
High risk, moderate to low rewards. This is why Chinese investors still stick to real estate and tourism (and related service) industry as investments.
Plus all your gains can wiped out by bureaucratic incompetency or poor infrastructure of the Philippines. I have seen this happen many many times to foreign investors.