How Difficult Is It To Open a Business in The Philippines As A Foreigner?

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[GiointhePhilippines]

An awesome free Philippines dating site with 500+ new members joining daily!

The Only Dating Site I highly recommend for best results!
Meet a serious Filipina today, sign up for Christian Filipina with my link below to find your true love.

Travel Medical Insurance. Protect yourself from a travel emergency.

Need a Throw away ticket, look no further $14 for a valid ticket ( I use this all the time).

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Book your hotel when traveling with my link for the best deals:

Gio's Essentials Traveling List (Must have items for living or traveling in the Philippines)
Order today!

Wise get your first transfer for free:

If you would like to buy me a coffee:



My Patreon account: Over 80 Exclusive videos not found on YouTube and free consultations and apparel with silver level and higher.

Check out my website for more information on the Philippines.

Check out my 2nd Channel: Gio Re-Acts

Contact Information:
Contact me by visiting my website and clicking contact Gio
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe.

[khaledm]

Finally new idea of a vlog far from cost of living or relationship issues .. it would better if you constructed his answers with sequence of questions, so we would have an idea how he started, then the process in middle, and summe it up with his final steps to get his business running

[lynne]

Theres no need to afraid or worry. Just trust the process.

[MyLifeThai]

I was always told to only invest in your home country. The laws for foreigners are always changing, especially if you are planning on buying real estate.

[CharlesNewcomb]

I plan on getting some lessons from Justin in a few months after i get settled in.

[timsnow]

one or two weeks to get the requirements is B.S. Just renting a building and processing the licenses and permits with the municipal unit will take longer than that. Then paying the rent requires registering with the BIR, withholding part of the rent to deposit in the bank, sending a monthly report to BIR and to the landlord, and quarterly and annual reports to the BIR and the landlord. Eventually the DOL and DEQ will find him and he will have dozens of additional licenses, permits, monthly, quarterly, and annual reports. Hiring an environmental officer willing to accept responsibility of hundreds of thousands of fines, tracking sewage, garbage, and water use, managing haz mat items and recycling and filing the monthly, quarterly, and annual reports is going to cost him dearly. Then when he shuts this business down he will discover he owes hundreds of thousands of pesos in fines and fees due to the reports and requirements he never knew he needed to handle.

[CritterHunter]

Thanks for stopping by, always good to see you guys!

[keithz]

Great video, congratulation on your new business. I will be there in a month or two I met both of you at ground zero coffee shop last September. Originally from Minnesota but moved to sunny Florida near Daytona Beach . I plan to make the Philippines my second home soon.

[KOHTAOMURDERSDEATHISLAND]

Hey there Gio & Justin! The Critter Republic seems to be all over YouTube over the past few weeks. Good Luck with your dive school.

[nomadinthemaking]

Good on him. It’s great to see people making a life for themselves there that aren’t of retirement age. Plus doing something they are passionate about. Just checked it out on maps 15kms south of Dumaguete.

[reread]

Thank you this was an excellent interview. I wish the gentleman good luck in this new business endeavor. A lot of great information. was shared. Thanks again.

[cebuano]

It's even difficult for locals to open a business in the Philippines with all the paperwork. For foreigners, there will be more hurdles and they may need a local to help set up the business.

[jimriggs]

Gio.. so glad your vlogging Justin's new dive shop.. Your fans should consider using his dive shop.. Justin's experience and wealth of knowledge should give anyone interested in diving or snorkeling in Dawin. This is first class for sure . Maybe Gio and Maya could do fun day at Appo Island with all your fans.. Good idea Gio??😎😎😎

[mr.randolph]

LOL, I really respect and understand what a young entrepreneur has to go through so young in life. I personally would never make it in the Philippines based on their Slave policies. It's so sad to watch how a country can beat up on people that are just trying to earn a respectable living in a legal way. Without being condescending, when you get older you tend to look back at your life's accomplishments and notice all the WASTED TIME you spent being a slave to the man. If anyone gave 2 cents towards you as a fellow human being you would notice how offensive it really is. There are so many places around the world where you can live your life without these so-called shackles. All the best to you and good luck!

[Sammiinthephilippines]

Awesome one kuya thanks fot sharing. I been there yesterday hehehhe

[Michael_Lane_Fishing]

Good for Justin. Following his dreams. No risk, no reward.

[mattrichardson]

Great that you are paying to develope the locals..so much talent in the Philippines 😊

[budphillips]

I thought of a small Coffee shop that serves breakfast Lunch and Dinner but it's too resstrictive, so I will simply retire and travel

[StevenDragoo]

How do Filipino laws/regulations affect a freelancer working online only for someone with a tourist visa?

[royignacio]

Great vlog; hope Critter Republic really gets a lot of business!