➜ WISE - https://wise.prf.hn/click/camref:1011lkPu9 #BanksPhilippinesExpat #BanksForForeignerPhilippines #MoneyPhilippinesExpat A local bank account is essential if you plan to live in the Philippines long-term. Today will be going through two of the most foreign-friendly banks in the Philippines. However, as there are several banks in the Philippines, I will also share some vital information you will need for banking in the Philippines. 1.BDO BDO Is one of the largest banks in the Philippines, and the good news is that its open to foreign customers. However, BDO requires foreign customers to have an alien certificate of registration card, a passport that must be in English and completed bank opening forms. In addition, other documents such as your tax identification number and driving license are recommended but are not always essential. In most cases, you will need a minimum of 2000 pesos to open the account. Naturally, the requirements and the minimum initial deposit will depend upon what type of account you are opening. I've noticed that branches operate very differently depending on the location. Some branches require foreigners to be living in the Philippines for at least six months, while others don't. 2. Security Bank Security Bank is slightly more convenient due to its online application form, which considers foreign customers. Once you have completed the form, you will need to upload a form of identification and 3 signatures on a white piece of paper. After that, you will receive a callback, usually within a few days, where the customer service agent will ask for additional details to set up your account. Most accounts have an initial deposit of 5000 pesos, but the maintaining balance will vary depending on the account. So as we know, all banks and branches operate slightly differently when it comes to foreign customers. So here is some information that will help you with banking options and payments in the Philippines. 1. Some banks can be slightly wary about opening a bank account for foreigners in the Philippines. This is especially true in more remote areas and smaller banks. Therefore, having extra information such as the source of funds, additional identification, and taking a Filipino with you can make all the difference. 2. opening a local bank account in the Philippines is not your only option. Most expats use a service called wise, which can be used worldwide. Sending and receiving money in and out of the Philippines is extremely cost-effective and convenient using wise, so I've added a link in the description below. 3. another option available to you is to use an international banking group such as China Bank or Australia and New Zealand Banking Group. 4. Certain banking products may not be available to f ... https://www.youtube.com/watch?v=lyxR8TvbXQ0

Owl of Asia: Tips to live cheap in Thailand https://www.youtube.com/watch?v=ccM-5UXBM-4 Thinking of moving to Thailand? In today's video, I cover some simple but effective tips on how to live cheap in Thailand. Living cheaply in Thailand is very easy thanks to the supplier of products and services around the country that is often at a much lower price than other countries. If you are looking to move to Thailand to lower your cost of living, then the location is vital. Thailand offers a low of living, which makes these tips to live cheap in Thailand much more manageable but still if you are in a cheaper area is makes saving money so much easier. ... https://www.youtube.com/watch?v=pytQPs1BAdA

So is life better in Asia and should you move to Asia? These are common questions that we will explore today. So let us dive into the topic of if life is better in Asia. #IsLifeBetterInAsia #MoveToAsia #SouthEastAsia So we've all heard the phrase the grass is greener on the other side. But is it true about Asia. Over the years, I've met countless expats, and after some time, you notice that trends start to form. one trend that I have noticed considerably is that many expats could not imagine moving back to their home country after living in Asia. Living in Asia is not ideal for every type of person. It does have its disadvantages. for example some structures are not as solid in Asia compared to the West. What I mean by this is that there is noticeable corruption, visible poverty, and discrimination. Focusing on these areas paints a bit of a dark picture of Asia. However, when taking a step back and looking at the larger picture, it's clear that life is much better for expats in Asia in general. Corruption, poverty and discrimination are common across many countries, and some would even argue that it's common globally. But in some of the more developed countries where we were born, additional challenges often make life difficult. for example, the cost of living is much higher in the developed world and resources are an important part of living for us humans. so it is not that life in Asia is perfect as it does have its problems but in my opinion, I see it as Asia has more opportunities and possibilities for expats compared to the western world. As mentioned, I've spoken to many expats over the years, and out of thousands of people I've come across I have not met one who has regretted moving to asia. My audience is a mixture of expats living in Asia and some thinking about moving. If you are the latter, I would suggest fully researching the opening that is presented to you, and if you find an opportunity to move to a new country to start a new life, you should absolutely take it. As the old Latin proverb goes – fortune favors the bold. ➜ Use Money Worldwide Boardless: https://wise.prf.hn/l/YRL44jP ➜ Best Dating Website Thailand: https://www.thaifriendly.com/?ai=3366 ➜ Best Dating Website Philippines: https://www.pinalove.com/?ai=3366&cid=1 __________________________________________________________________________________ Introducing Owl of Asia's Exclusive Email Support Service Scope:? OOA will conduct comprehensive research on your query. This includes data, links to information, and personal 1-2-1 advice. The topic can include personal matters, advice, or professional queries. How It Works:? Once payment has been made, please email your full query to filipinowealthofficial@gmail.com. The research process takes 2-3 business days on average (depending on the complexity of the query). Once checks have been made, OOA will send you an email with the findings and any additional information. Price:? $20 USD / £16 GBP / $29 AUD / $26 CAD. Payments can be made via Paypal to email filipinowealthofficial@gmail.com. For additional payment options/support, please email using the above email address. Please note: Complex queries with several research points may need to be requoted. If we are unable to help, a full refund will be actioned. Nevertheless, don't hesitate to contact us via email if you have any questions. How To Start:? Please send your query to our email address filipinowealthofficial@gmail.com. Payment can be made to the same address via Paypal. __________________________________________________________________________________ DISCLAIMER Content produced by Owl of Asia serves as supporting information only. We always recommend viewers to seek independent professional advice before acting on any topics mentioned on the Owl of Asia channel. This is especially in terms of topics relating to his/her financial situation and business affairs. This video may contain affiliate links to products. We may receive a commission for purchases made through these links; however, this does not affect our recommendations in any way. ... https://www.youtube.com/watch?v=ZKQVSpaBFLw

When Is the best age to retire in the Philippines? #RetirePhilippines #RetireCebu #RetireDavao #WhenToRetirePhilippines #RetirmentPhilippinesExpat ➜ Earn Income In Asia With Affiliate Marketing: https://invol.co/cl57ifz ➜ Use Money Worldwide Boardless: https://wise.com/invite/aeg/jamief78 ➜ Best Dating Website Thailand: https://www.thaifriendly.com/?ai=3366 ➜ Best Dating Website Philippines: https://www.pinalove.com/?ai=3366&cid=1 Should you retire in the Philippines in your 30s, 40s, 50s, 60? As a foreigner when should you go to the Philippines? So it used to be that you could obtain a retirement visa at the age of 35 as a foreigner living in the Philippines. However, official government websites now state that foreigners will need to be 50 years of age to obtain a retirement visa in the Philippines. The rule of 35 remains for former filipino citizens, but, whether you obtain a retirement visa or not, you can technically retire in the Philippines at any age. So how does one know when they're ready and, more importantly, when is the best time to retire. I've had the fortune to meet many incredible expats over the years. One thing I've noticed, more specifically with older gentlemen, is that they regret not moving to the Philippines sooner. If you have systems that can generate regular income, you can retire in the Philippines as soon as these systems have been developed. This can be anything such as real estate investment back home or being a silent partner of a business. As the cost of living in the Philippines is considerably less than in your home country, you may find that you could retire a lot sooner than you originally thought. Naturally, there are several key elements at play, and we all have family, goals, and other challenges in our life. But an experience such as living in the Philippines or South East Asia, in general, is an experience that I suggest that you don't put off, especially in this ever-changing modern world. If you are in your 30s to 40s, this is the prime age to retire in the Philippines. There are so many things to experience at this age. Nevertheless, if you are in your 50s or 60s, this is not too late. But from the feedback I've gathered over the years, retiring and moving to the Philippines is a decision some expats wish they made a lot sooner. ? DISCLAIMER Content produced by Owl of Asia serves as supporting information only. We always recommend visitors seek independent professional advice before acting on any topics mentioned on the Owl of Asia channel. This is especially in terms of topics relating to his/her financial situation and business affairs. This video may contain affiliate links to products. We may receive a commission for purchases made through these links; however, this does no ... https://www.youtube.com/watch?v=LP8IZAnB5Ps