It’s Your Money > Starting and Running a Business
Foreign Investment and Ownership Laws in the Philippines
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FMSINC:
Guys before you invest any money in any of these Ideas you need to read the Philippine law on foreign ownership
Here is a link that will show you what businesses you can and can not own as a foreigner
http://www.bcphilippineslawyers.com/foreign-ownership-of-corporations-in-the-philippines/318/
http://www.bcphilippineslawyers.com/philippines-regular-foreign-investment-negative-list-a/
Best do the research yourself do not believe all of what you read on these forums better to be safe than sorry
Good luck
Tom
Primariet:
Great initiative Tom. Very helpful.
Research not just online but also to the real community. Learning from real people experience is definitely a great help.
I'm working in a company owned by foreign individuals and I really admire how to reach out to the local people especially businessman to learn about the norm of investing here in the Philippines.
BudM:
I know three real estate agents. At least three anyway. LoL. I know at least one of them is really a real estate agent.
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