Business in Philippines

pkk266 · 2020-01-29T02:34:00+01:00

Explore profitable small business ideas in the Philippines. Share insights and suggestions for starting a venture with local partners.

pkk266 Member

Member since 27 March 2018

pkk266Member29 January 2020 00:34:00

Hi Everyone,
I am relocating to Philippines . I want to start a small scale business in Philippines .
I would highly appreciate if members would suggest few profitable business ideas which can be started in Philippines.
I am open to to any profitable business idea with the local partners, which can be discussed with open mind.
Hope to receive positive response.
Thanking you.
Kaul.

Cynthiavilla Serial expat

Member since 25 October 2014

CynthiavillaSerial expat29 January 2020 01:18:01

291

as a foreigner, you can invest in Condominium and it will be registered under your name; what you need and this is very important a property manager whom you can trust.

pkk266 Member

Member since 27 March 2018

pkk266Member29 January 2020 02:10:24

Thanks for your response. You mean then I will have to give it on rent.
If so what is the ROI on rentals.
Thanks

Munchie Serial expat

Member since 12 November 2012

MunchieSerial expat29 January 2020 02:23:10

273

pkk266 wrote:
Thanks for your response. You mean then I will have to give it on rent.
If so what is the ROI on rentals.
Thanks

Thats a tough question. People I know have built high end apartments. The ROI is wickedly low...It all depends on the costs you have and the availability of reliable long term tennants.聽 Land, building costs varies all over the country.

Don't come to the Philippines and expect to get rich in business.

pkk266 Member

Member since 27 March 2018

pkk266Member29 January 2020 07:58:13

Thanks Muncie ,
Which place is cost effective , safe and having friendly expat community.
Thanks

mugtech ViP

Member since 08 September 2012

mugtechViP29 January 2020 09:41:47

4692

pkk266 wrote:
Hi Everyone,
I am relocating to Philippines

Why did you give up on Cambodia?

lasvegan Serial expat

Member since 12 August 2017

lasveganSerial expat29 January 2020 10:56:31

616

Yeah, Why did you give up on Cambodia?

manwonder ViP

Member since 21 January 2020

manwonderViP29 January 2020 11:17:55

1904

Hahaha...chill guys;

Hi pkk266;

Cambodia has a GDP per capita of $4,000, while in Philippines, the GDP per capita is $8,300.

If you are looking for a relatively inexpensive place to retire, consider Cambodia. The cost of living in Cambodia is very low, making it an attractive place to retire. Basic necessities such as food and housing are readily available at low cost.

Cheers

pkk266 Member

Member since 27 March 2018

pkk266Member29 January 2020 12:05:13

I did not give up on Cambodia. I am trying to explore best option for relocating either to Philippines or Cambodia.
Thanks.

pkk266 Member

Member since 27 March 2018

pkk266Member29 January 2020 12:08:40

#10

I didn't give up on Cambodia. I am trying to find out best option between Philippines and Cambodia for relocating.
Thanks.

Irishcream Member

Member since 16 July 2019

IrishcreamMember29 January 2020 16:26:58

#11

Hello Kaul.....you can contact me here on Whatsapp ***

Meet at SM Aura Coffee bean by the fountain 5th floor & discuss business

Cheers
Patrick

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