Running a business can easily be more work then a typical job, its hard work but rewarding and has higher potential. People vastly underestimate the amount of effort it takes they typically just see the end results.

Heidi has so much knowledge for all things expat, anyone going over there should go through her and her company.

Cerebral topic & a good discussion. Thanks Ru !!

There should be a law Filipinos can not own land in the U.S. and if they have a business a U.S. citizen must own half . How would you like that ?

@chrisk7118

5 ай бұрын

Exactly, law of reciprocity is teaching Philippines a lesson in karma.

@DrDlane

4 ай бұрын

Filipinos would be perfectly fine with that because they would still earn ten times what they can in their country.

@user-ud4lu2cf2o

4 ай бұрын

that would make you feel better ? My suggestion , do not buy land here.

@rabidfarmer9765

3 ай бұрын

YOu end up w/ another Cuba if that happens and sell off all lands to foreigners. The USA has large land mass -plenty of land...but no population growth if not for people sneaking across the southern border. SMH>

@jroseme

2 ай бұрын

They get to do whatever they want, it's their laws lol. Same with us.

Yeah Philippine crowd struggles w/ entreprenurship and small business. Most just want to work and get a job. I had to find other cultures, be a contractor, and take my own path. Not good to be around the belittleing the starting efforts to start a business.

Great video Rubeauti. That's interesting that Heidi points people to the internet for visa renewal instead of charging them to do it. Looks like she's trying to give lawyers a good name

Good technical and general info all around. I see potential everywhere. However, I thought you cut your hair short? Anyway, continued blessings

Entrepreneurship is encouraged in the US. It's amazing what you can accomplish through being an entrepreneur. It could turn into a huge company selling a product worldwide. What you call slippers we call flip flops. You can manufacture slippers and sneakers. After a couple of years go international.

Really interesting chat Rubeauti. I think most countries have the problem of getting people to buy local!

@-whackd

5 ай бұрын

Neither of them know anything about economics unfortunately

Yes Please Support Local Businesses...Po.

As a Spanish Kano i want to go back to the Philippines, find 2 pinays and live happily ever after with them ❤

I wish we had laws like that in the US about foreign owned property and business. We are selling out our nation.

Good evening Ruby. You look very nice today. How are you doing this evening?

Smart phones should be opening up a lot of possibilities for technology options. Does the geography of the country or existing businesses have a bigger impact on developing the infrastructure?

There is no appreciation of what technology can do. You can scale value so much that it is insane. You need few people for large profits. Of course you need to know what you are doing and the barrier can be high. What people truly don’t understand is finance and how money works.

I was interested in eventually retiring there, but now knowing I can’t own land makes me reconsider.

@-whackd

5 ай бұрын

You can lease land for 25 to 50 years. Why do you think it is important to own land there, are you going to farm?

thank q 4 your info. When did you cut your hair, girl ?

@Rubeauti

4 ай бұрын

like going 2 months :D Thank you Ken!

I’m an American retired in Mindanao, and I’ve invested in a piggery. I live on the farm but I don’t do any hands on work or partake in any management of the piggery. My Filipino family is huge and super hard-working and so far it works out great for everybody involved. I just have to make sure that I don’t take out more earnings than USA Social Security will allow. I don’t mind the Philippines, taking longer for everything and not being a digital economy. I’m just OK with that because I’m retired. I see no reason to rush. I don’t mind standing in line at the bank. I don’t mind rolling, blackouts, or poor quality Internet, again I’m retired. I’m very lucky to have such a loving and caring Filipino family and community. I think a mistake that many foreigners make. Is trying to make the Philippines just like home. I never tried to turn the Philippines into a little America, because I left America for a good reason just as I came to the Philippines for a great reason.

@sorryociffer

5 ай бұрын

What is a “piggery”?

@reread2549

5 ай бұрын

@@sorryociffer we raise pigs at sell them

@sorryociffer

5 ай бұрын

@@reread2549 😆… never heard a pig farm called that…

Filipinos are very afraid of debt and don't have capital so its reallyyyy hard to start and scale any productive business without the capital.

Many other countries require 50.1% local ownership. Frankly, 60% is too much.

How about the US level the playing field just like the Philippines. A : No foreigner can own land period. B no foreign worker can have a job that a US citizen can do. C if a foreigner marries a US citizen and starts a business its 60/40 .

There is a way for foreigners to buy houses with land. If a foreigner and Filipino form a corporation the corporation can buy land and build a house.

@-whackd

5 ай бұрын

That's not a foreigner owning something, that's a Filipino owning something.

Businesses there thrive all the time. How do you think people get rich over time? You just have to know what you are doing if delving into business. thanks -

should make it simple for foreigners to lease land and fully own businesses, if you invest over 50,000,000 php then the foreigner should be able to have a 50 year lease so they can pass the lease to their kids. even better have the government lease public land then they get rent, company taxes, staff income tax and tax on every product or service they buy or use. as long as a filipino/a has any say in a business then there will be no apreciable investment into the country. all of this the philippines is a developing country is a lie as all the money being invested is not returning any real income outside the country so china lends you money, ph builds roads, bridges etc which generate no extra tax income apart from the short term building phase. the money will need to be repaid and that is when you see china start to own property the ph. condo's are a waste of money the same as those poor ofw workers buying poorly made dog boxes they struggle to rent out and the rent does not cover the mortgage and after 30 yrs when they are paid off they are worthless as they are terribly made! a friend of mine is renting a condo in manila and they told him he will have to move out as the steel used us low grade and the steel was one 1/4 of that required to make a safe building as the country is so corrupt!

America should follow the same rules on owning land

@-whackd

5 ай бұрын

America is wealthy because it didn't do that.

@RONALD......

5 ай бұрын

Over my cold decaying corpse.. That's why America is the land of opportunity, we don't take to well to oligarchs or governments telling us what we can and can't own..🇺🇸 FAroundAndFindout 🗽

Foreigners are not asking for as much land as they can afford... Make some simple rules...limit it to one hectare, must be married to a Filipina, make them live here 5 years first. Or make it illegal for wealthy filipinos to buy land in the US

Then why should foreigners invest in the Philippines if we can't own business or land

@-whackd

5 ай бұрын

They don't. There is massive investment in Vietnam or in Foreign Investment Zones in China. You can't get anywhere without inviting laws for foreign direct investment. It is turning down billions and billions of dollars of investment and throwing away millions of jobs.

As a Fil-Am, I will NEVER invest in the Philippines. Image, someone else has 60% of your business. In the States, I own 100% of my business.

@chrisk7118

5 ай бұрын

Gaslighting from oligarchs too trying to dissuade Filipinos from opening economy up to foreigners and dealing with competition that will give cheaper products

It's not for bashing a country that is not mine, but that is NOT colonial mentality, it's lack of schooling that impedes watching reality farther than the immediate future. Filipinos are lacking to learn that law is to be obeyed... ALWAYS, under ALL circumstances. It's not being rude, or capricious. It the path to success. Almost all Western countries, especially those at the top allow foreigners to buy land. Chinese people, and the government, had bought millions of acres in the US, and the country is not even an inch smaller, but all the land is productive. Foreigners buy land under the current law, under the country's sovereignty. The owner of a place is always the one who can make it thrive. When everyone is poor, you do not need to push productivity. It takes a lot of work, and your neighbours will never be able to buy you out. When people work their land, they get richer and they may buy yours... thus you'd better improve your productivity. If Filipinos knew their law would always be the one applied, they would not be afraid of letting foreigners buy a plot of land. The same happens when the law is not enforced. There are many cases where the owner can not evict people who moved into his land. "They have nowhere _else_ to live", authorities say. If no other place is available to them to live, why yours should be? If it's a social issue, it should be handled by society as a whole, not by an unlucky landlord. This makes everyone live a day at a time. The goal is to survive until tomorrow, and tomorrow they'll start the new daily battle. "Businesses" are just the ones proven successful because "everyone knows how to handle exceptions", in accordance with the Law, or not. A trike, bike for rent, real state, small food businesses... Innovation not only implies a new line of business, but a new set of social challenges. A new business at a local level gets its problems solved "by democracy", as the owner will have to comply with what the majority of self-proclaimed people of interest consider just to "save face" and avoid the risk of being called names, ruined image, chismes, etc... I made it way too long, sorry. Just some thoughts of what I think it may make the Philippines an even more beautiful country.

@RONALD......

5 ай бұрын

Exactly... if they were thinking in a colonial way, the Philippines 🇵🇭 would be a helluva lot further than they are

she single

The main issue holding back the Filipino economy is the lack of foreign direct investment. There is a lack of foreign direct investment because foreigners cannot buy land nor can they start companies that are majority foreign owned across most industries. If you study development economics and history, youll see that having a legal system which insentivizes foreign direct investment is one of the most important keys to industrializing. The US was built by rich people in London investing in it. Every country was built this way. All of Chinas wealthiest cities have huge Foreign Investment Zones where foreigners are allowed to own their factories. These foreigners have invested trillions into Vietnam and China and created hundreds of thousands or millions of jobs. If you want to be anti foreign ownership, then you can have the economy and poverty and hungry children of the Philippines. If you are cosmopolitan and treat any foreigner as an equal investor or partner into your country, like Hong Kong or Singapore, then you can enjoy their levels of wealth. Filipinos choose poverty, because they are anti-cosmopolitan, like Rebeauty is here, even though she has never studied economics.

@chrisk7118

5 ай бұрын

100% right. There are serious efforts by some trying to open up the economy but there is a lot of stubborn resistance and useless nationalism blocking cosmopolitan thinking. Oligarch old Spanish and Chinese families don’t want to open up the economy and deal with competitors cause they own huge monopolies. A global Philippines would be the best Philippines.

The Philippines has to be opened up to global competition in order to become free and prosperous. Nationalist 60:40 laws are blocking investment. Oligarchs have convinced Filipinos they don’t need foreign investment, just do they can keep selling bad products and services at a higher price than foreign competitors would. Free the Philippines and abolish 60/40 through constitutional change!!

Ikaw gwapa

😎👍🇺🇲

Old video rerun, like your new hair cut I know it is cooler but still liked your long hair.

It is so eye opening to see requirements and rules for foreigners in other countries i.e. Bring Value to us, leave the increased value with us. I wish USA did the same like "Yes you can come to the the USA, just have an income before you arrive". "Yes, you can have a business.job but a huge chunk of profits stay here." We actually do the opposite. stupid us,

Rumor has it that a bunch of AI companies are planning to build an entire AI city in the Philippines. the video suggests the creation of 600,000 new jobs.

@gochillessmith4137

5 ай бұрын

link? Keywords?

@VittoShulman

5 ай бұрын

Spreading rumors and talking about grand plans "coming soon" is favorite pass time in Phil. What AI city with no reliable and affordable electricity and internet?

@davidkarl5192

5 ай бұрын

@@VittoShulman Do your own research , the video is here on KZread. I didn't save the link because if I can find it, I'm sure most can. The video also mentioned Japan spending a billion there too. but don't blame me for your lack of search ability.

Hi I enjoyed your video about the Philippines and investment and business. I'm from the UK, but I think the Philippine people should business for themselves. And don't let Western people buy land they will take over your country. So please Please Don't Let It Be. Keep it your country your development and your progress. And keep the Philippines in government not other cultures. Thank you love the Philippines😊