There are fantastic investment opportunities, if you have even a small amount of capital. And in this capital starved country, such opportunities can be quite profitable. ROI is very high in many businesses. You must rent or lease the building you work in and the house you live in because of existing laws, unless you are married to a Philippine citizen.

Foreigners are not allowed to own real property, though they can lease for up to 50 years.

Legislation has been proposed to allow foreigners to own some property.

Please be aware that there are virtually no jobs available to foreigners unless they are married to a Filipina or Filipino. If so, you don't even have to apply for a work permit, just register at your local office of the Department of Labor and Employment, (DOLE.) The rational behind this prohibition against other foreigners working is that there are not enough jobs to go around for qualified Filipinos, so why allow foreigners to take them. And if you work for a Filipino company you would not like the pay, very low by your standards. If you have your own company or work for a friend, you may get a decent salary, if you are married to a Philippine Citizen.

Some foreigners are sent here to work by the overseas companies for which they work in their countries. They are paid by US, companies, not Filipino ones.

And you can start your own company and hire people to work for you. You can supervise the management, legally. Foreigners, not married to Filipinas or Filipinos often actually do the management, through a hired manager, not totally legal, but in a gray area. and often overlooked if it contributes to employment of Filipinos here. You can train, advise, and direct as any owner would, just not be a "worker." Skilled labor is cheap; hiring workers is an option. Business can be very profitable if you do your homework. But you do need some capital. Some people lend money at high rates. There are no usury laws here. I know that is hard to believe. But capital is in demand. That is why business here, if you know what you are doing, is so profitable. Many are engaged in software, web page development, Internet Cafes, raising livestock, renting large houses and renting out rooms to student "bed spacers," six or more to a room. Franchising is an option because many local and international franchises are available for your to buy, own and have a Filipino manage. Many foreigners are involved in export too, especially handicrafts, but also agricultural products, and others.

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