The Philippines is one of the fastest emerging economies in Asia and ranks 3rd amongst the ASEAN region. A recent study by PricewaterhouseCoopers suggests that with the current rate of growth, the Philippines will be ranked the 5th largest economy in Asia and 12th largest in the world by 2050.
Filipino expats in the UAE are an important contributor to the growth of the economy in the Philippines, through remittance and various investments including savings and property. Filpera, the only Filipino advisory in the Middle East, has found out that expats that live in the UAE in regards to personal finance have received either the wrong solutions or the wrong advice through bad practices.
Filpera aims to educate OFW’s on structuring their portfolios correctly and give sound financial guidance over the short, medium and long term through three guiding points:
1- As expats, OFW’s have access to the worldwide market with arguably better options than they would have back in the Philippines.
2- Filpera can converge professional expertise of international advisors and the core values of the Filipinos’ way of life and spending.
3- Filpera provides solutions tailored to fit an individual’s needs and it is important that our clients understand that we are here throughout their financial journey.
Filpera will keep in mind that the time spent away from home should be a time well spent to build you and your families’ financial future. With Filpera, careful planning and prudent investing are the best courses of action to help clients, especially OFWs, reach their life goals and provide for a comfortable retirement.
