Several years back, I recall a foreigner's plan for his restaurant in the Philippines. He was going to cater only to the foreign crowd and he just knew they would pack out his restaurant morning, noon and night. It didn't happen and not even close. He lost many Filipino customers, who would come in, sit down, read the menu and then leave without ordering. The restaurant was … [Read more...]
Green Onions
Are you considering opening your own restaurant when you retire to the Philippines? There are probably not many places around the world where you can accomplish your dream with less money. I am referring to the place as right here in some areas of the Philippines. I personally know several foreigners who have successful restaurants in the Bacolod area. I am not telling you that … [Read more...]
Positive Vibrations in 2014
2014 was a very good year in the Philippines. It was a very good year for my family and I and it was a very good year for the country. There were a number of economic and cultural advances made this past year. Some foreigners are still wearing their same crap colored glasses and one foreigner recently referred to the Philippines as a failed state. As always, some writers are … [Read more...]
Working On The Building
One of the major concerns an expat has when considering retiring to the Philippines is the housing question! This was a concern 28 years ago in the Philippines and it remains a frequently asked question in 2014. Most expats are not interested in living in a native nipa or bamboo house but believe it or not, some expats embrace that adventure! I know a couple of Americans who … [Read more...]
Build, Buy, Rent or Squat
Many expats retiring to the Philippines are still seeking the best housing option for their particular situation. Some expats have not learned yet that foreigners cannot own land in the Philippines, however, they can own a condo or a townhouse if the complex is 60% owned by Filipinos. A foreigner can own a building, yet not the land, but this involves an attorney drawing up the … [Read more...]
Money’s Too Tight To Mention
For everyone planning on retiring to the Philippines this year or within the next few years, they are really doing so at a great time. It is really an exciting time in the Philippines concerning their robust economy! For the past 27 years, I have remained up to date with the latest happenings in the Philippines and the Philippine economical situation has been no exception. Last … [Read more...]