There are a lot of things the Philippines is known for. Beautiful beaches, friendly people, good food, and OFW’s which stands for Overseas Filipino Workers. This post is dedicated to all Filipinos around the world who are working hard and pursuing a career outside the country.
Everyone is always excited to work in a foreign land and expects to earn tons of money. It is a chance to earn a higher income than those who work in the Philippines. Depending on where you work now, you may have the added benefit of working in an industry that is in better condition even during the pandemic and where jobs are much more secure.
But it is also common to go home without any savings. What happened to all your money? You lose them and often go back home to your families without any real property or investment and the end result is that you go home without any financial stability.
Here’s good news for you. If you are an overseas Filipino worker, the Property Investment seminar is for you. It’s time to stop losing your money and start learning how to invest in real estate in the Philippines in a practical, achievable, and valuable way.
Introducing Property Investment Opportunity for OFWs
If you’re a current or prospective OFW who dreams of one day owning a house and lot, a condominium, or other property, now is the time to start learning!
The investment seminar will feature investing insights from real estate professionals and a special session on bank housing loans for OFWs.
I am eager to learn more about available real estate in the Philippines and I am inviting you to the event. Learn so you can get started on your property investment.
You can also watch the OFW Sessions: Property Investment live streaming through Lumina Official Facebook Page and Lumina Official Website’s Live Event this August 6, 2021, by 6 pm, Manila Time; 2 pm, UAE; 1 pm, KSA-QATAR-KUWAIT-BAHRAIN; 12nn, Europe; 11 am, UK.
Best Way to Invest in Real estate in the Philippines
Overseas Filipino Workers (OFWs) are boosting the country’s real estate boom by investing their hard-earned money in the Philippines. Many, if not all, of us, wish to have a place to call home someday. I am not saying that OFWs should drain their bank accounts or borrow money to ride the wave, but it is worth it to start investing in Real estate and reap the great benefits in time.
Purchasing a property is definitely one of my dreams and I know a lot of us too. It is a significant undertaking and doing so from abroad presents its own set of challenges. And even more so nowadays as a result of travel restrictions.
However, you should not pass up the opportunity to purchase affordable properties that will increase value and provide you with passive income. At the same time, you continue your career in another country.
Here’s the great news. Through the Lumina Homes website, you can find affordable properties for sale in the Philippines. The listings on the website are house and lot communities in over 50 key cities and municipalities in the country, such as: Rizal, Bulacan, Pampanga, Bataan, Zambales, Nueva Ecija, Tarlac, Pangasinan, La Union, Cagayan, Isabela, Cavite, Batangas, Laguna, Quezon, Camarines Norte, Albay, Sorsogon, Iloilo, Capiz, Cebu, Negros Occidental, Agusan del Norte, Zamboanga del Sur, Bukidnon, Misamis Occidental, Davao del Norte, Davao del Sur, and South Cotabato. Lumina Homes also recently launched its first-ever condominium development, the Prima Tanza!
Having a real estate investment that could be enough as passive income through rental properties, allows us OFWs to come back home and stay home for good if we wanted to! While it’s true that OFWs earn big money working abroad, I believe it would be better if we will have the option to stay home or have a retirement plan. Or to have moments to enjoy a meaningful life with family and loved ones in the Philippines.
Things to remember
Before investing in property though, here are some important things to remember. A few reminders so you won’t be wasting money and effort and end up regretting it.
1. Align your financial goals
Every journey starts with goals. In the journey of investing in a property, financial goals are crucial. Having goals is not enough we got to align them as well. Your goals are your guide and your sole motivation to keep moving.
2. Work on your finances
Getting financially ready for the process can be tedious and takes a long time. You need to work on your finances, and this means saving up money, making more money with side hustles, and establishing good money habits. My blog offers articles about finance so definitely check that out to get more insights.
3. Invest as soon as Possible
Investing in real estate in the Philippines is promising and it is best when you do it as early as you can. You don’t need to wait until you think you are ready because the truth is, you can never be ready. There is only one perfect time to do it. It’s to start as early as you can.
4. Choose the best location
Location is very important when investing in a property. It is also a thing I mentioned over and over whether you are buying a home or renting an apartment. Choose the best location. A lot of people invest in properties to gain more income and you won’t be able to do this if you don’t pick a good place.
Sharing is Caring
Are you ready to invest in properties?
There are a lot of things to consider while working abroad. Many people choose to leave their families just so they can have a better job and provide good quality of life for their kids but with this opportunity with Lumina Homes, hopefully, we can break the cycle of wasting our earned money.
It is my mission for this blog to inspire fellow women who work in a different land to work on their personal growth and finances so I hope this will open a great opportunity for you.
Would you invest in a property in the Philippines? What are your financial goals? What can you share about investing in a property?
Emman Damian says
Great tips! I always go for investments now too. I always save up for the future!
This is definitely useful for managing finances. It is good to be prepared and to have a strategy.