Hi Joe.. (where have I heard that before?)
1) I have tried to get work there in the past but I was flogging a dead horse of course!
We took a big gamble a couple of years ago by building an 18 door apartment block in Cavite..(still not completely finished)
Since then I have advertised it to death all over the Internet which has seemed to pay off.
We've got twelve units finished and rented by Brit and US expats and fiancees etc and the demand is greater than supply at the moment.
I was very surprised.
When all units are rented that will produce over P100 K a month.
We also sold our house last year and due to the price boom gave me quite a nice sum.
With rising interest rates That`l give us about £750.00/850.00 a month in interest (tax free).
However with 2 youngsters and a teenager to educate we are gonna need a reasonable income.
2) I was thinking of getting a residence permit (13a visa) and still not sure whether to get it here in the UK or over there..
I`ll probably do it there as I will have 2 years breathing space, what with 1 years balikbayan and another year of extensions. After the 2 years we will probably go over to Australia for a months holiday which means I can get another Balikbayan on the return leg.
I`ll get the first case in!!but we're thinking of moving over there soon..