You Can Still Make Money From Your Job After You Retire.
(Updated 27 October 2019)
If you’re like most readers who drop by here, you are interested in two primary questions:
How can I earn money to live in the Philippines?
And how can I find something to do in retirement which will be satisfying, rewarding and (maybe) even profitable?
Easy, I’ll Get A Job
If you’ve visited this blog before, you already know I STRONGLY recommend that foreigners do NOT try to find a job in the Philippines. In many cases, it may be illegal. It will also involve very low wages and long tiring hours, and (at least in my personal opinion) it’s morally wrong for a foreigner with a pension income to try to take a job from a Filipino with a family to support.
Read more about why you don’t want a job here: 10 Reasons You Don’t Want A Job In The Philippines
Or, I’ll Start a Philippine Business
Well, in many cases you will run into the same sort of problems you’ll face with a Philippine job.
Many businesses are not legal for a foreigner to own or operate.
Most businesses foreigners think of in the Philippines have low margins/low-profit potential.
And a great many foreigners I have dealt with have a rather arrogant opinion regarding how things are “better” back in their own country and everything with a Filipino business will be alright and things will run smoothly once a foreigner “shows them how”.
I have news for you on that. Philippine businesses have been running, in some cases for hundreds of years, and a foreigner is often not going to “out-Filipino a Filipino” on his home turf. It’s better not to try.
OK, So That’s All Pretty Negative … What’s Your Suggestion?
Clearly, if you need to make some money and a local job or business is not a good choice, you need a specific slot or niche where you have experience and where you are expert enough to have earned a living for some years.