The 1% Rule: A Realistic Look for Philippines Real Estate Investments
The 1% rule, a popular guideline in real estate investing, suggests that your monthly rental income should be at least 1% of the property's purchase price. This might seem like a simple benchmark, but for Philippines Real Estate Investments, a more comprehensive approach is crucial. Market Realities in the Philippines: Why 1% Might Be a Dream While the 1% rule might be achievable in some markets, applying it to the Philippines presents a significant challenge. Here's the breakdown: Renting a Property Valued at P10,000,000 for P100,000 Monthly: This scenario, which translates to a 1% monthly return, can be difficult to[...]
Overstay Your Philippines Visa? Don’t Panic! Here’s How to Fix It Legally
Let's face it, sometimes travel plans in the Philippines take an unexpected turn. You might have been captivated by the stunning beaches, the vibrant culture, or simply underestimated the allure of paradise. But what happens if you find yourself in the situation of unintentionally overstaying your Philippines visa? Don't fret! There's still a way to navigate this situation legally. Here's what you need to do to approach the Bureau of Immigration (BI) in the Philippines to address your overstay. Why Going Rogue is a Recipe for Disaster (and Detention!) While it might be tempting to ignore your overstay and hope[...]
Is Vlogging in Paradise Legal? Understanding Tourist Visas in the Philippines
The Philippines, with its stunning beaches and vibrant culture, is a dream destination for many. But for aspiring vloggers, paradise comes with a question: is it legal to vlog in the Philippines on a tourist visa? This post dives into a lesser-known issue: can vlogging about your experiences in the Philippines violate the terms of your travel visa? We'll explore the complexities of travel visas and how they might impact your vlogging aspirations. The Need-to-Know on Travel Visas Travel visas are temporary permits issued by a country that allow foreign visitors to enter and stay for a limited period. They[...]
Health Insurance Solutions for Expats in the Philippines
Moving to the Philippines offers a beautiful landscape, vibrant culture, and a warm welcome. But as with any move abroad, prioritizing your health and well-being is crucial. That's where expat-specific health insurance comes in. This blog post aims to simplify the process of finding reliable health insurance in the Philippines, drawing on the expertise of Michael Onstad, a seasoned insurance professional with over 35 years of experience and 6 years dedicated to serving expats in the Philippines. Why You Need Health Insurance as an Expat Unexpected Medical Costs: Medical emergencies can happen anywhere, anytime. The Philippines boasts a growing healthcare[...]
Pre-Death Planning for Expat Retirees in the Philippines
The Philippines, with its vibrant culture, stunning scenery, and affordable cost of living, is a haven for many retirees. But beyond the initial excitement of settling into paradise, there's a crucial aspect that often gets overlooked: planning for what happens after you're gone. For expat retirees, pre-planning for death in the Philippines is not just thoughtful, it's essential. Here's why and how to navigate this process with minimal stress. Navigating the Legal Landscape: Philippine Laws and Your Estate For expat retirees, pre-planning for death in the Philippines goes beyond just practical considerations. By grasping the legalities of inheritance and estate[...]
Navigating Post-Dated Checks in Philippines Condo Rentals
For many renters in the Philippines, the hunt for a condo often comes with a familiar requirement: post-dated checks (PDCs) for the entire lease period. While convenient for landlords, PDCs can be a double-edged sword for tenants. Let's delve into the prevalence of PDCs, explore the considerations involved, and discuss alternatives if you're uncomfortable with them. Why Landlords Love PDCs: A Look at the Advantages While post-dated checks (PDCs) can be a source of concern for tenants, they offer several advantages for landlords, making them a preferred method of rent collection. Here's a breakdown of why landlords favor PDCs: Assurance[...]
The 1% rule, a popular guideline in real estate investing, suggests that your monthly rental income should[...]
Let's face it, sometimes travel plans in the Philippines take an unexpected turn. You might have been[...]
The Philippines, with its stunning beaches and vibrant culture, is a dream destination for many. But for[...]
Moving to the Philippines offers a beautiful landscape, vibrant culture, and a warm welcome. But as with[...]
The Philippines, with its vibrant culture, stunning scenery, and affordable cost of living, is a haven for[...]
For many renters in the Philippines, the hunt for a condo often comes with a familiar requirement:[...]
