OFW and Seaman Loans
What comes to your mind when you hear the term, “investment?” Oftentimes, most OFWs would think of it as property since the value appreciates. This explains why many OFWs save to purchase their dream home, no matter how small it would be. Here’s the thing: if you want to buy your dream house, you need to …
Continue reading “Yes, You Can! Every OFW’s Guide to Investing in the Stock Market”
Who doesn’t want to own a car? Aside from your Dream Home, you surely want a vehicle that can bring you and your family from point A to point B with ease and comfort as part of the fruits of your labor. Similar to a house, buying a car can be costly on your wallet …
There are many reasons why you work abroad. At the end of the day, it’s about providing a better and secure life and future for your family. To achieve this, you have to put your money in the right investments, including a home you can call your own. If OWWA has an OWWA Loan to …
Continue reading “OFW’s Guide on How to Get a Housing Loan from PAG-IBIG”
According to the Bangko Sentral ng Pilipinas, OFW remittances in 2016 amounted to $2.4 billion. This is why the government is continuously providing programs and services that could make their lives and that of their families better, including OWWA Loan. The good news is there are other financial institutions that offer various loan facilities specifically …
Continue reading “OFW Loan Guide: Banks that Offers Loans for OFWs”
Overseas Filipino Workers are heavily affected because of the pandemic. According to Defense Secretary Delfin Lorenzana, more than 174,000 OFWs were repatriated since the start of the pandemic (1). However, repatriation is easier for land-based workers since their location can be identified easily. What about seafarers? Unfortunately, it is more challenging for seafarers to be …
Continue reading “POEA Guidelines On Deployment And Repatriation Of Filipino Seafarers”
Working in the Philippines might seem hopeless for you. You want to make sure that you will provide the best life and future for your family so you decided to seek greener pastures. The question is where. There are tons of countries in need of Filipino workers and the choices could be overwhelming, especially if …
Illegal recruitment is defined as the act of recruiting individuals, usually for a fee, for local or foreign employment. Unlike regular jobs, individuals are victimized because: There is no job placement effected as opposed to what was advertised by the “recruiter;” or There is an actual job but the worker will be placed in an …
People will always have never ending needs. If you’re an OFW, your “needs” may be greater than the others because you have to carry most of the burden on your shoulders. You will always be compelled to send money for repairs at home, a medical emergency, payment for your kid’s tuition fee (or your niece’s …
Sometime last year, the government released the iDOLE OFW card, which OFWs can use to avail of various government benefits. Unfortunately, there were tons of issues such as confusing guidelines and the photo of President Duterte in the card. The government decided to change that and issue a new OFW card – the OFW e-Card. …
Continue reading “OFW e-Card: What You Need to Know and How to Get One”
It’s definitely the most wonderful time of the year, especially now that you are allowed to go back home even for a few weeks. We also know how excited you are to spend the holidays with your family. Before you get too excited, there are certain things you need to remember as you prepare your …
Continue reading “5 Things to Remember for OFWs Spending Holidays in the Philippines”