Published on 19-03-2015
How to be a smart OFW investor back in The Philippines
This idea might seem quite pessimistic to Filipino expats due to the corruption of their system, the annoying red tape and the existence of monopolies in certain economic sectors but still it is a very attractive market for investors due to its strategic location as a gateway to the Asian market and the tax-holidays for some investments.
Whether it is an investment in Real State, in stocks, bonds, mutual funds or even starting your own business the main objective of your investment is to increase your income besides your regular job overseas. For Filipinos it is a great decision to invest in their country both for their family and to the community back home.
Perhaps, you should consider social businesses as one of the smartest and most rewarding sectors to invest in, as there are many social problems in The Philippines yet to be solved that at the same time represent a potential niche for growth.
Here are some investment options:
1. Invest in the Philippine Stock Exchange in a responsible company with a steady growth and a healthy cash balance. The PSE and the Securities and Exchange Commission, have already established safeguards to protect your rights as an investor such as the Securities Investors Protection Fund, Risk Based Capital Adequacy, the Market Integrity Board, and few others.