Quote Originally Posted by somebody View Post
Well im guessing lots of people moving back or over with redundancy, life savings or on the pensions as many companies as they closed there final salary pension schemes all those that could jump did so early. Then all the OFW's who have called it a day seems far queiter in earls court these days i think many must have gone back..
There is the chance that if those Filipinos with talent decide to pack up from foreign shores, go home and repatriate their savings, that they may well finally start being entrepreneurial in the Phils instead of abroad and that would be a good thing for the Philippines. A lot of their best brains leave to work as OFW's, it would be good to see them back home being successful at home, Asia has a future!

Personally I would love to own property in the Phils, even a Condo with a 50 year lease but it won't happen as I just don't have the cash and by the time I am old enough to retire the Philippines may be a rich country, by that time the UK may well be pretty poor.


Jim