The OFW’s And Immigrants In Real Estate Business In Philippines

You may never find anyone in the entire Philippine archipelago with no relatives working abroad. This has been a frequent predicament among Filipinos: to have family members or whole family classes, migrating overseas.

In many communities across the nation, it would be simple to determine which family group have family members that are either migrants or OFW’s. Learn more about sell and purchase of real estate property onĀ CitiGlobal marks.

real estate business

Their homes would stand-out and appear different; household amenities are branded and numerous, and; they’d be dressed differently. It wouldn’t be surprising to discover Mediterranean-inspired homes in the far-flung barrios with various vehicles in their garages. These will include SUV’s, cars, and tricycles amongst others. Household equipment would include the latest versions of DVD’s, television sets, and computer programs that blares out with impunity for all the world to see and hear!

They might have roots in other areas of the world, however, they’re expected to return after a while as “balikbayan”. This is a most typical Filipino trait, of not needing to cut the umbilical ties in the motherland.

There’s always this desire to come home and be one with the family again. It’s not also unusual to find the remittances from migrant workers and OFW’s stay at a robust 9 percent of the nation’s Gross National Product (GNP) today.

Leave a Reply

Your email address will not be published. Required fields are marked *