The Philippines has business-friendly policies
As a general rule, anyone, regardless of nationality, is welcome to invest in the Philippines. For most economic activities, the restrictions on foreign investments are not based on nationality but on the extent of foreign ownership allowed in that particular activity.
T he Philippine Constitution guarantees the basic rights of all investors and entrepreneurs. In particular, it ensures:
- freedom from expropriation without just compensation;
- the right to remit profits, capital gains and dividends within the guidelines of the Central Bank of the Philippines;
- the right to remit the proceeds of the liquidation of investments; and
- the right to obtain foreign exchange to meet principal and interest payments on foreign obligations.