The best business in the Philippines is no business?
I presently live in a country that is very proud of its hospitality, the Philippines explains it self as a paradise for people to retire to. However the amount of money one needs to actually spend to achieve retirement and to be nationalized makes it very hard for most people on a western country state pension.
I have stayed here as a tourist for 9 years, my source of income is a British military pension. I do not wish to marry to get a chance of dual nationality or residency. But I love this country as its economy suites my meager income. I can not buy land or own a property in my name, something I would love to do.
It pains me that a Filipino can buy land and own property in my home land, in fact its much easier for them to apply for nationality than I can here in the Philippines. Even if I was married it takes 6 to 11 years as a resident to apply for duel nationality. Then I have to prove I sent children to school, absolutely crazy. However one can always bribe, that makes my blood boil, the times I have been asked to bribe the immigration services. Such as "I meet you at the airport and stamp your passport that you are married, with your Filipino partner on entry to the Philippines". "Only 20,000 pesos sir". That of course is big business for some of the very corrupt Immigration officials. However I prefer not to bribe and hate such corruption.
I can not own a business without having to start a large one or having Filipino partners and this type of business normally end up with ideas copied and the foreigner being dumped.
The simple truth ex-businessmen like me with vast experience of good business experience and ability, are halted from day one. In helping out a very bad third world economy due to restriction imposed by the elite and political clans. Their families want to run the big business sector in the Philippines. Its only the international companies and the large cooperates, that can pay the bung money that can get them through the door.
With out changes to the laws and a more futuristic and logic approach, the Philippines is going to remain 50 years behind its competitors in Asia. This also means that poverty will continue to rise, the laid back status quo will never be able to be changed. That most young Filipino citizens, will always feel, they have no real chance of improving their lives to get a decent job, Talking to the youth here I have gathered that factor depresses them the most. That their only opportunity seen by them is to work overseas.
I am after main years of seeing foreigners fail, in trying to start businesses here, I have to agree with the following saying gleaned from other ex-pats stating here in the Philippines
“The best business in the Philippines is no business”
However I love this country for all its faults and know the honest Filipino’s out weigh the dishonest Filipino’s by a very large percentage. For me its just a case of live and let live and just point out the problems by writing articles in the hope that once in a while someone that can help make the necessary changes will read what I write.
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Negros Oriental, Philippines