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Philippines - a viable investment and retirement destination

In this blog, we will endeavor to provide information regarding the Philippine economy, investment, tourism and real estate in general and also in owning, selling, renting or leasing out properties in particular. Also posted are independent articles that the website administrator feels can help investors and retirees understand why the Philippines is a viable investment or retirement destination.

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RESA Bills Senate No. 2963 and House No. 3514 is now REPUBLIC ACT NO. 9646 signed by PGMA last June 29, 2009. Official Publication was made last July 15, 2009 at Phil. Daily Inquirer, page B-10 of the Business Section and after 15 days from date of publication or on July 30, the RESA law now becomes effective. Deal with licensed brokers only. Better still, deal with a Realtor ®.

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Peso expected to weaken against the US$ in 2010
MANILA, Philippines - The peso is expected to weaken against the greenback in 2010 amid expectations of a US economic recovery that will allow the dollar to strengthen. The peso, currency traders interviewed last week said, could average between P46.00 Read More...

Posted Monday, December 28, 2009 5:18 PM by Odilon "Ody" dela Merced | 1 Comments