Apparently, the Philippines is now a creditor instead of being the perennial debtor. According to Today Online, the country is now an IMF creditor to help European economies. That’s a good sign of a strong and growing economy ripe for property investment.Here’s an excerpt from the article: Whisper it if you will, but the Philippines may [...]
Peso Stability Makes for a Great Investment Opportunity
The Philippine Daily Inquirer just released the news that the Philippine Peso has moved sideways after appreciating previously with a favorable potential performance over the short term.The appreciation came from the latest World Economic Outlook of the International Monetary Fund which the IMF expects the Philippines to grow 4.2 percent this year and by 4.7 [...]
Invest in Philippine Real Estate
The Philippines is consistently growing rapidly in economic terms. The rapid increase in Business Process Outsourcing (BPO), Call Centers and other businesses have helped push family income to higher levels. The Philippines has overtaken India in some sectors of the global outsourcing market. The number of Oversease Filipino Workers (OFW) is also constantly growing. Remittances from Filipinos [...]
Property Investing and Retiring in the Philippines
Moving to retire in another country is an attractive option which has been successful in the past with Spain, Portugal, Mexico and Puerto Rico being among some of the more popular destinations. The Philippines is becoming more and more attractive. The growth of property investing opportunities is the icing on the cake.The Philippines offers a [...]