Jack Rat 454 Posted July 5 Maybe someone can help me here. Can a foreigner actually own a business in the Philippines without forking out a couple of hundred thousand dollars? Can a foreigner legally work here? What is the current law ? Share this post Link to post Share on other sites
Jawny 4,242 Posted July 5 Owning a business does require some significant hoops to jump through. From what I understand, Filipino partnership is nearly always required with some exceptions for certain types of businesses. I have a bakery, but have no direct involvement in the ownership. As far as costs, that would depend upon what sort of business you want to own. A bakery is definitely not hundreds of thousands pesos or dollars. Working here is possible, but can be complicated by the need to get permission to work. If there is a Filipino that can do the work, then it may be hard to get approval. Cant work while on a tourist visa. Lots of info with a google search if you’re interested. 2 2 Share this post Link to post Share on other sites
Semper paratus 2,926 Posted July 5 You would want to double check, bit if you are a 13A holder you can work. At least that is what I recall from long ago. 1 Share this post Link to post Share on other sites
Jawny 4,242 Posted July 5 1 hour ago, Semper paratus said: You would want to double check, bit if you are a 13A holder you can work. At least that is what I recall from long ago. https://www.livingincebuforums.com/topic/100337-any-benefits-to-get-a-13a-visa/ useful info from a useful link 1 1 Share this post Link to post Share on other sites
