Many expats aren't ready to fully retire. Starting a business here can be rewarding, but it's bureaucratic.

The 60/40 Rule

For most industries, a company must be at least 60% Filipino-owned. This protects local interests. However, there are exceptions for export-oriented businesses (like BPOs) and high-capital investments.

The Opportunity

The Philippines has a young, English-speaking workforce. Sectors like tourism, IT, and specialized food services are booming. If you have the patience for the permits (Barangay, Mayor's Permit, DTI/SEC, BIR), the potential is huge.