OFW Guide: Buying Property in the Philippines
Join Group

Back to General Discussion

  • Why Should OFWs Invest in Real Estate Properties?
    Ian Martinez
    in General Discussion
    Posted Nov 22, 2021

    Repatriated Overseas Filipino Workers or OFWs arrive at an airport after being allowed to go home following weeks of quarantine amid the spread of the coronavirus disease (COVID-19), in Pasay City, Metro Manila, Philippines May 26, 2020.

    Filipinos are very hard-working. They are willing to go on the extra mile just to attain the hopes of a better life for their families. Due to poverty, it cannot be denied the fact that a lot of us need to go overseas to seek greener pastures. Being an Overseas Filipino Worker (OFW) means sacrificing their chance of being with their families and missing important occasions, such as holidays, birthdays, and anniversaries.

    OFWs experience different types of hardships. They are suffering in terms of physical, mental, social, and emotional. On several grounds, OFWs are actually considered our modern-day heroes because of their sacrifices that help their families as well as their contributions to the Philippine economy.

    According to the 2019 Survey on Overseas Filipinos, there were approximately 2.2 million Overseas Filipino Workers (OFWs) who worked abroad from April to September 2019. However, based on Philippine Overseas Employment Administration (POEA), the total OFW deployment dropped to 549,800 in 2020, contracting by 74.5 percent, mainly attributed to the travel restrictions imposed to address the rising number of COVID-19 cases in the country.

    Because of the uncertainties brought about by the global pandemic, every OFWs should know how to properly allocate hard-earned money to ensure that none of those goes to waste. Of course, every OFWs want every cent of their money to be well-spent. Nevertheless, using the money only to address the needs of the family must be fleeting, so OFWs should also seek stable investment options to make their money work for them as well. Sure, stocks, mutual funds, businesses, insurance plans, and even cryptocurrency can be options. But an investment that is really ideal for OFWs is a REAL ESTATE PROPERTY INVESTMENT.

    READ MORE: https://www.goldenhaven.com.ph/selling-properties/why-should-ofws-invest-in-real-estate-properties/

    www.goldenhaven.com.ph

    0 Likes
    0 Replies
    Join Group

    Recent Related Properties

    Active
    Priority Assistance
    Pre-Owned
    ₱ 19.5 million
    For Sale Pre-Owned Single Detached House
    4 Bedrooms 3 Bathrooms 220 sqm.
    Paranaque
    Updated 38 minutes ago
    Active
    Priority Assistance
    Ready for Occupancy
    ₱ 5.89 million
    For Sale New Single Detached House
    3 Bedrooms 3 Bathrooms 96 sqm.
    Pulilan Bulacan
    Updated 38 minutes ago
    Active
    Priority Assistance
    Pre-Selling
    ₱ 60.9 million
    For Sale New Condotel
    3 Bedrooms 3 Bathrooms 133 sqm.
    Nasugbu Batangas
    Updated 38 minutes ago
    Active
    Priority Assistance
    ₱ 62.0 million (₱ 53,913/sqm)
    For Sale Commercial Lot
    1,150 sqm.
    Angeles Pampanga
    Updated 38 minutes ago
    Active
    Boosted
    Pre-Selling
    ₱ 7.05 million
    For Sale New Single Detached House
    3 Bedrooms 2 Bathrooms 125 sqm.
    Clark Porac Pampanga
    Updated 38 minutes ago
    Active
    Priority Assistance
    Ready for Occupancy
    ₱ 4.31 million
    For Sale New Residential Condo
    1 Bedroom 1 Bathroom 31 sqm.
    Paranaque
    Updated 38 minutes ago
    Active
    Boosted
    ₱ 2.15 million (₱ 7,300/sqm)
    For Sale Lot
    295 sqm.
    Nasugbu Batangas
    Updated 38 minutes ago
    Active
    Priority Assistance
    ₱ 6.72 million
    For Sale Single Detached House
    3 Bedrooms 2 Bathrooms 70 sqm.
    Calamba Laguna
    Updated 38 minutes ago
    Active
    Priority Assistance
    ₱ 23.5 million (₱ 65,176/sqm)
    For Sale Residential Lot
    361 sqm.
    Alabang Muntinlupa
    Updated 38 minutes ago
    Active
    Priority Assistance
    Ready for Occupancy
    ₱ 8.50 million
    For Sale New Single Attached House
    3 Bedrooms 3 Bathrooms 190 sqm.
    Mabalacat Pampanga
    Updated 38 minutes ago
    Active
    Priority Assistance
    Foreclosed
    ₱ 135 million
    For Sale Foreclosed Building
    Baguio Benguet
    Updated 39 minutes ago
    Active
    Priority Assistance
    Pre-Selling
    ₱ 5.64 million
    For Sale New Single Attached House
    3 Bedrooms 2 Bathrooms 76 sqm.
    San Pedro Laguna
    Updated 39 minutes ago