10 ways to earn money as an expat in Negros Island Philippines
What’s up savvy expats in today’s article we’re covering 10 ways to earn money as an expat in Negros Island Philippines, all right without wasting time, let’s get into it so before we even begin with ways to earn an income in the Philippines, we must talk about how and If you can even work here as a foreigner as for having a locally employed job in the Philippines, unless you get married to a Filipino citizen and you have a permanent visa, then you can’t work here. Let’s say you want to run your own business well, depending on the field of your business. Foreigners can own nearly 100 of the company.
This includes b2b businesses, wellness centers, online businesses and domestic enterprises, otherwise other businesses require a certain amount of equity, for example, 60 percent. To go to a Filipino business partner, but under what conditions can you work in Negros Island Philippines? Well, in order to take up a job in the Philippines, you must have a work permit visa, and so I made a whole separate article going into details of work, visas and laws for foreign business owners. But you came here for 10 ways to earn money as a Philippine expat all right now that we prefaced that let’s get into income stream number one so the first and perhaps the most common way that expats earn passive income in the Philippines is renting out condos. As you know, expats can’t own or buy property in the Philippines, but on the bright side, you are, however, legally allowed to own condos.
If you’re looking for passive income that you don’t have to constantly manage, then this is an option to opt for, for example, some of you may be coming here with hundreds or even hundreds of thousands of dollars in reserves for your retirement. You may want to consider setting aside some of that money to put some work within the growing cities of the Philippines, for example, in Cebu city. You can pick up one bedroom unit at the it parks district for forty thousand dollars.
You may even consider picking up some units in the parts of the Philippines that are rapidly developing as business hubs but are yet to be fully discovered. Two of these places Bacolod Negros Occidental and Dumaguete Negros Oriental Once again, unlike cities like Manila or Cebu city these are yet to be fully discovered as a business and tech hub, but year after year, big corporations are taking their spot here.
So imagine getting a unit or two in Bacolod or Dumaguete before it booms as the next it park or the next Makati and watch your investment pay off all in all. This isn’t investment advice, and I don’t claim to be an expert by any means, but taking the money that you cashed out in your home country, to put into the sleeping tiger of Asia, wouldn’t be such a bad idea. Now, for the second income stream for Philippine expats, that is selling local products abroad. If you want to start an online business that has number one high profit margins, two get paid in a foreign currency and three support the locals, then this is a great option.
There are so many medicinal plants and herbs selling in pill or powder form in the us for a premium that you’ll find growing wildly just anywhere in the Philippines, for example, one of them is moringa alofera, which is known for its richness in nutrition and antioxidants. I went on ebay to find that one kilo of moringa powder cost 40 dollars. I went on gnc to find that a few capsules of moringa cost 20.
I’m telling you I can go out to any province and basically pick whole shrubs of moringa herbs for no cost at all. The point is the specialty herbs in plants that are sold for high prices abroad can be found just about anywhere in the Philippines. I know a lot of people also like dried mango, so that’s another option too. Not only can you sell that but also locally made products like hand, weave bags and hats, you can also get locals to make woven rugs wooden carved utensils and kitchenware essential oils.
Bamboo utensils and sustainable products – the nice part about this is that the locals are very resourceful, and it would make a good hustle for both you and them. The next income stream for expats in the Philippines is online teaching. There’s a huge demand for English speakers to teach English from the abc countries.
The abc countries are America, Australia, Britain and Canada. Companies and freelance sites are always looking for native English speakers to teach other people the language and, of course, the nice part about this. Gig is being able to teach from the comfort of your own home. All you need to do is find the online tutoring site make sure you have a webcam, get a stable connection and you’re good to go.
You can even do this while traveling the country moving on to the fourth income stream for Philippine expats, that is freelance work. This is an ideal job for maintaining your own routine and structuring your own work hours. Sharing your expertise and skill set on sites like fiverr, upwork and freelancer.com is a simple and easy way to make money.
No matter where you go, and this category stretches through a wide range of work, it can be writing copy. Being a virtual assistant, blogging graphic designing voiceovers, transcribing, editing data entry and photography, you name it you can get paid. The beauty about freelance work is that these services that you can provide is seemingly endless. Your freelance work can even pertain to where you’re living in the Philippines say.
You’re a photographer. You can document your travels in the Philippines and sell your work now. I do suggest that freelancing just be a side hustle, because more likely than not it won’t pay.
All of the bills until very later on, but overall the possibilities are endless now for income stream number five, specifically for Philippine expats, that is selling specialty foods, there’s a huge demand for quality foods and baked goods that are authentic to America, Australia, Britian etc and I’m not talking about Pizza burgers and hot dogs that are made with Filipino ingredients, I’m talking about authentic American foods made with authentic American ingredients no addons or anything just as home style as it gets, for example, during the pandemic. So many people began opening home, ran bake shops in the Philippines, and so we saw that many Filipinos sold American baked goods, but none of them were really authentic. They all had a Filipino twist to them being that we know what real American baked goods taste. Like my sister saw the opportunity to open her own bake shop so from our condo’s kitchen, she made things like banana bread, cookies and tiramisu, and so only in a short period of time, the bake shop gained a lot of traction because people saw that it was The real deal it was a small supply of the highest quality ingredients from the highest quality suppliers and when she sold out, she sold out nothing after that.
So, as opposed to being like every other bake shop and food service that sold like 20 different items and skimped out on quality, we only sold two items, maybe even three, if it’s a special occasion but with the utmost quality, highest ingredients and how we knew it To be back from in Chicago now for these six income stream for Philippine expats, that is blogging. If you’re a writer or you like to write, then blogging would make for a great hustle. Not only can you do this anywhere with a stable internet connection, but there’s always websites out there looking for writers to write for them or you can even start your own blog documenting your experiences while traveling the Philippines doesn’t matter, you can blog about any subject. You want and make passive income off of it.
For example, you can start a blog about photography and link your amazon referral links to the cameras that you use. Many people start their blog as a hobby to document their passion, but only in a matter of time do they find it to become a fulltime source of income. So, needless to say, this is a great option for a long-term, passive income.
Now, for the seven streams of income, that is instructor services, if you have a particular skill like boxing tennis or golf, you can become an instructor, and so you don’t even have to pay for a gym membership. You can just teach people how to box for free. At a park, that’s 100 income straight into your pocket.
The opportunity for this is endless as well. The next income stream for Philippine expats is being a tour guide. If you know your area well, you can become a tour guide for fellow expats and backpackers. I think expats would be more comfortable with another foreigner as opposed to a local.
In some cases. The reason being is because some of them may be sceptical about being ripped off you’ll find that some local guides charge higher prices to foreigners they’ll, take them to tourist shops to spend all their money. They’ll bring up excuses on why you have to pay extra by the end of the tour or they’ll.
Take you to extra places that you didn’t agree on to charge you more, but you as the expat can say this is the set price I’m taking you here and here, there’s no hidden charges or fees and you’ll be completely transparent with everything now. For the ninth income stream for Philippine expats, that is renting out your home. If you don’t plan on selling your house in your home country or in the us, then you can just rent it out. It would be a total waste for your house to sit empty while you’re gone so to be able to make some rental income off of it would really support your lifestyle here in the Philippines.
On top of that, as opposed to getting a local job in the Philippines, you’ll still be getting paid in dollars. Now for the 10th and final income stream for expats, that is getting a call center job, more specifically a call center job for a foreign company. From what I’ve researched and correct me, if I’m wrong guys, if you take up a job from a foreign country, you won’t have to go through all of the visa work either.
That or the company will do that for you, but because these call center jobs and customer support and sales are looking for good English speakers, then you can also take up this job. I decided to put this last on the list because, unlike the other jobs that we previously mentioned, you’d have less free time on your hands. Then again, if you’re looking for steady pay, this is a potential route to take. So, there you have it heavy expats.
Those are 10 ways to earn money as an expat in Negros Island Philippines