How To Make Money in The Philippines... Passively!

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  • เผยแพร่เมื่อ 9 ก.ย. 2024

ความคิดเห็น • 113

  • @TheSavvyExpat
    @TheSavvyExpat  ปีที่แล้ว +8

    Interested in leveraging social media to grow your own audience?
    Book a Consultation Call w/ Evan (1 Hour)
    calendar.app.google/AhraDquCnW7NVDzd8

    • @johnclark7973
      @johnclark7973 ปีที่แล้ว

      You Absolutely nail your thumbnails and video content every single time.
      I'm curious, does booking a call with you for TH-cam consults only, or are they also for the other areas you talked about in this video?

    • @johnnyramos9414
      @johnnyramos9414 11 หลายเดือนก่อน

      I checked on the price and it is $50 for the hour. After watching Evan's videos, it will be money well spent. Evan is to the point, yet seemingly already anticipating what questions you may have. IMO he is an honest person who will always take the high road and tell you like it really is. I look forward speaking with him.

  • @mariannejose5896
    @mariannejose5896 6 หลายเดือนก่อน +69

    Nice content. To me, trading the forex and crypto market is way better than any online investment 💯

    • @ElenaWhite-tw9px
      @ElenaWhite-tw9px 6 หลายเดือนก่อน +15

      Hallelujah!!!! The daily Jesus devotional has been a huge part of my transformation, God is goodes LS, after years of addiction to drugs and sins God chased me down as I earn $112,500 monthly. My life and family has changed, Thank you Jesus!!!..

    • @floralola398
      @floralola398 6 หลายเดือนก่อน +14

      Hello how do you make such monthly?? I'm a born Christian and sometimes I feel so down of myself because of low finance but I still believe in God

    • @FelixEthan-bk6qc
      @FelixEthan-bk6qc 6 หลายเดือนก่อน +13

      It's a great idea to have a conversation with financial advisors like Naomi Dean to reshape your portfolio.

    • @BindiJones
      @BindiJones 6 หลายเดือนก่อน +13

      I spread out my $25k portfolio across various markets to diversify my investments.

    • @SherellDimaria
      @SherellDimaria 6 หลายเดือนก่อน +12

      That's awesome! I ended up making a net profit of about $115k by investing in high dividend yield stocks, ETFs, and equity.

  • @gilbertpaiz8096
    @gilbertpaiz8096 3 หลายเดือนก่อน +2

    Subscribed! Phenomenal content.

  • @MikeyCanuck123
    @MikeyCanuck123 2 หลายเดือนก่อน +1

    Excellent video & Proverb. 😇

  • @CrazySquirrelProductions
    @CrazySquirrelProductions ปีที่แล้ว +5

    I would also suggest that if you want to work while retired in a foreign country that you make sure your visa allows it and research the tax implications. Take care.

  • @MaticulousGamer
    @MaticulousGamer 4 หลายเดือนก่อน +1

    Thanks for the insight in the video. I literally KNEW you were gonna say TH-cam as number one, because I've been procrastinating for over a year now, and I have some ideas on what to focus on. I broke my phone recently, so being able to film has been a no-go, but the drop ship can work in the meantime. I think I know just the market too. Good video

  • @nickquest534
    @nickquest534 ปีที่แล้ว +1

    Great advice..well done

  • @EsthersMedia
    @EsthersMedia ปีที่แล้ว

    Big money will get in Philippines, is that help Philippine become a rich country

  • @henrybautista3293
    @henrybautista3293 4 หลายเดือนก่อน

    I was wondering if you talk about investments like a roth IRA specifically and do you go live streaming if so do you do it everyday ?

  • @MilaIncomio
    @MilaIncomio 4 หลายเดือนก่อน

    Hi

  • @nsxfever9513
    @nsxfever9513 ปีที่แล้ว +2

    Great video and topic 😊

  • @jamesclaire115
    @jamesclaire115 ปีที่แล้ว +9

    A friend started selling outdated types of fabric, dried fish and shampoo from The Philippines to North America. He then started hiring people to publish news in many of the provinces in the islands of paradise. As time went on he added to his income streams. He worked up to over $15,000 USD in about five years. He is an American and his wife is Filipina. Needless to say he has done very well. His wife and four children enjoy the islands a great deal.
    Thanks for another grand video.

  • @Al-bc1zc
    @Al-bc1zc ปีที่แล้ว +1

    If it was easy everyone would do it

  • @marichuarmodia2375
    @marichuarmodia2375 ปีที่แล้ว +2

    Wow is a great video ❤

  • @aeryeon8877
    @aeryeon8877 ปีที่แล้ว +2

    You're always on point! And everything you've said is true. I'm learning every time I watch and listen to your videos.

  • @MilaIncomio
    @MilaIncomio 4 หลายเดือนก่อน

    Im a Resign sewer in Sangwoo Liip Manplasan Binan Laguna cos of lost coco bank atm,

  • @marvin20ph8
    @marvin20ph8 ปีที่แล้ว +4

    Can you please do a video tour and review on condo residences in BGC like show the rooms amenities and restaurant nearby. -thanks may one episode per residence.

  • @TheAmericanVagabond
    @TheAmericanVagabond ปีที่แล้ว

    I’ve lived in BGC, 🇵🇭MIKATE. Prefer Colombia 🇨🇴💃🏽🕺🏽

  • @hanzelkit
    @hanzelkit ปีที่แล้ว +3

  • @David-wn8uy
    @David-wn8uy ปีที่แล้ว +6

    I'm a time traveling sugar and spice merchant.
    It's shocking how much gold you can make for a pound of pepper.😜

  • @stecar9122003
    @stecar9122003 ปีที่แล้ว +9

    I was looking at some information about what all is required to be an expat vlogger in the Philippines especially when you start making an income such as registering or getting proper permits with the Bureau of Immigration or whatever agency that is required in order to pay taxes so that people don't get into trouble with the Philippine government. Maybe you could make a video of that because I never see anyone explaining any of those details on TH-cam Evan.

    • @seckoya
      @seckoya ปีที่แล้ว

      🤔

    • @bbbouy242
      @bbbouy242 ปีที่แล้ว

      i would say just set all this up before you travel to the Phills or anywhere else.

    • @ryanjones7543
      @ryanjones7543 ปีที่แล้ว

      The U.S. and the Philippines have a tax treaty...however this has seen the topic of interest over the mast few weeks with much debate...what steps have you taken in your research so far, and what have you discovered?

  • @folefacborisawungia5961
    @folefacborisawungia5961 6 หลายเดือนก่อน +1

    Am in the Philippines how can we meet so I learn from you

    • @TheSavvyExpat
      @TheSavvyExpat  6 หลายเดือนก่อน

      Shoot me an email evan@thesavvyexpat.com and we can set something up

  • @houstonhighrise
    @houstonhighrise ปีที่แล้ว

    When is the youtube course coming? Joke lang. . . but on a serious note I'll be booking a call definitely need some help with my social media/youtube channel :) love the new vids Evan

  • @jeken291
    @jeken291 ปีที่แล้ว

    😍🤩🤩

  • @garyabell3456
    @garyabell3456 7 หลายเดือนก่อน

    Very nice! Also the proverb is a hundred percent right! God bless

  • @MC-bw5fc
    @MC-bw5fc ปีที่แล้ว +2

    Another great video!😊

  • @uggrrah101
    @uggrrah101 10 หลายเดือนก่อน

    Hey Evan. I'm glad we found your channel. We appreciate you! Anyways, I'm a part-time day trader for NYSE. Is that doable there in Pinas? I should be able to day trade for an extra income, right? can you please make a quick short or a video about it? Much appreciated. Keep up the great work bro! Thanks again

  • @bluedale6563
    @bluedale6563 ปีที่แล้ว

    Excellent video sir,,,,,Thank you ,,,,,David in lreland

  • @sajaman777
    @sajaman777 ปีที่แล้ว

    Excellent Video Savvy Expat.
    Keep up the good work.
    One certain pilar of success after completing the hard work is to differentiate yourself from the pack. Many TH-camrs out there are barely scratching the surface, but a quality topic such as this video is, went deeper and certainly will take your channel far ahead of the rest.
    Good luck & God bless.

  • @tedlasalvia9668
    @tedlasalvia9668 ปีที่แล้ว +2

    Great video Evan. I love your focus on living an above average lifestyle in the Philippines! Thanks for all of your hard work!
    You have a great presentation style! Public speaking skills (even when being recorded) is something that must be practiced. Your style is impressive!

  • @JJthelonelybullinasia
    @JJthelonelybullinasia ปีที่แล้ว +1

    Good info Evan. I'm planning on doing a Podcast once my TH-cam channel gets monetized.

  • @keyser_sozeevil_genius1152
    @keyser_sozeevil_genius1152 ปีที่แล้ว +1

    Awesome! As usual, another great and informative video. I'll be in BGC, starting my new life there in less than 2 weeks! I'm definitely going to have my own TH-cam channel out there.

  • @robertnunn3015
    @robertnunn3015 ปีที่แล้ว +3

    Thanks for another great video. I will moving and retiring to the Philippines in the next few months and looking forward to trying to pursue a TH-cam channel.

    • @TheSavvyExpat
      @TheSavvyExpat  ปีที่แล้ว +1

      Keep in touch with me Robert! If you need any tips or advice, I’d be more than happy to help you out.

  • @seantwomey396
    @seantwomey396 ปีที่แล้ว +4

    Your advice on TH-cam and Social Media Marketing was accurate. However, I think you understated the amount of hard work required to create and upload weekly content. It is true that a video may have an ongoing income stream but that stream is dependent on consistent content creation to generate eyeballs on your site. This is much more an active income stream than a passive income stream from investing.

    • @Paul-yk7ds
      @Paul-yk7ds ปีที่แล้ว +2

      TH-cam is not totally passive, but there are passive aspects-some videos rank in search or get recommended by the YT algorithm and will continue to get views for years-and there is a huge compounding effect where it's easier to make money after you have more viewers. So, despite requiring ongoing work for optimal results, it really does have an effect where it snowballs, becomes way easier after it's established, and you continue to benefit from work you did years ago. So maybe semi-passive or partly passive.

  • @j.r.6517
    @j.r.6517 ปีที่แล้ว +2

    Informative video

    • @TheSavvyExpat
      @TheSavvyExpat  ปีที่แล้ว +2

      Glad you got some value out of this

  • @wavemaker2077
    @wavemaker2077 ปีที่แล้ว +2

    I thought real estate will be part of the passive income to be discussed here. Have a condo unit in BGC and have it rented. That's passive income. Though you also need some money to acquire that property.

  • @bigradwolf5001
    @bigradwolf5001 ปีที่แล้ว

    The best and simplest way is buy a condo and rent it out. The second is do a hobby and find ways to earn from it. If it's a hobby, it's not work and it would come easy to you. For example, my hobby is fishing. A simple way to make money of it is to grill ''em and sell 'em. Something small that it would not require a business permit but good enough to pay for daily expenses outside of rent/housing and insurance.

  • @bills.1737
    @bills.1737 ปีที่แล้ว

    What a great video!!! Where in the Philippines are you located? I will be coming in Oct and would love the chance to sit down with you and learn more.

  • @ericemslie9870
    @ericemslie9870 11 หลายเดือนก่อน

    Great Video
    Everything you said was honest and right to the point

  • @Sweet-T-Mama
    @Sweet-T-Mama ปีที่แล้ว

    LOVE your videos! ❤

  • @ReadySetGo113
    @ReadySetGo113 ปีที่แล้ว

    What is your living situation. Are you with family????? I am having trouble seeing you as credible to talk about income and financial needs of a person without family support.

  • @user-pq6st8uq9d
    @user-pq6st8uq9d ปีที่แล้ว

    I think it would be fair just to share some screenshots of your financial statement(s) and itemize income received through adverts sponsorship. Otherwise, everything else sounds like bluffing

  • @user-no6tp6nr4k
    @user-no6tp6nr4k ปีที่แล้ว

    I would like to see you post advice to potential expatriates interested in establishing a small software firm in the Philippines. What are some of the barriers a potential entrepreneur must surmount?

    • @ryanjones7543
      @ryanjones7543 ปีที่แล้ว +2

      Does he have experiencee running a small software firm in the Philippines as an expat?

    • @wavemaker2077
      @wavemaker2077 ปีที่แล้ว +1

      To answer your question, there are no barriers to establish a software company in the Philippines. Just register it either at DTI (Dept of Trade and Industry) for sole proprietorship or at SEC (Securities and Exchange Commission) for a corporation. Of course you also need to register at BIR (Bureau of Internal Revenue) for tax purposes. Registering your business is not really a barrier. That is SOP in any country in the world.

  • @elizabethprice5916
    @elizabethprice5916 ปีที่แล้ว

    Thanks for sharing your knowledge Evan, and continually sharing the Word of God as well...God will continue to bless you...I've watched you from your humble beginning when you were still wearing simple t shirts and shorts almost every time , I said to myself, I hope he wears a little bit descent tops to make it more appealing, especially your audience are mostly foreigners . Then you were gone for a while I think. Few months passed and I saw your blog again, and was glad you were already wearing a more professional casual clothes and was promoting a very nice condo and by then, you've increased viewers and subscribers as well. Thank God for blessing you with more viewers and subscribers. God bless.

  • @darrylk808
    @darrylk808 ปีที่แล้ว

    What did you say?? "Whittling twigs" 😂 I wanted to do a channel called 'TH-cam Stalker' and travel around the world interviewing TH-cam personalities. Then my wife said "it's not safe meeting strangers you found online."🤣

  • @alanaldpal950
    @alanaldpal950 ปีที่แล้ว +1

    5 minutes in and I have not heard anything useFul relating to title. Click off

  • @t-and-d-productions
    @t-and-d-productions ปีที่แล้ว +6

    we are a n Expat-focused channel from South Korea, making videos that focuses on expats living worldwide. The problem is we are also teachers with full time jobs and all that responsibility. It's difficult to find time to produce and make content constantly. Personally, TH-cam is the way I want to pivot to get out of teaching. Also, the pandemic didn't help with our channel model of visiting new countries to explore expat life of that country.

    • @TheSavvyExpat
      @TheSavvyExpat  ปีที่แล้ว +2

      I understand where you’re coming from, TH-cam is a time consuming job but I found a few ways to earn my time back, produce a large quantity of videos, and still maintain quality. Feel free to shoot me an email evan@thesavvyexpat.com and we can discuss a few ways to address your problems!
      - Evan

  • @pharcyde8083
    @pharcyde8083 ปีที่แล้ว +3

    Real estate and investing are better sources of passive income imo. Social media influencing, dropshipping and blogging aren’t as sustainable with AI poised to take over much of those niches. Only a few will succeed, many more will fail. But with real estate and finance, there will always be opportunities. The proof is in the number of millionaires made through RE and investing.

    • @johnclark7973
      @johnclark7973 ปีที่แล้ว

      Yes there are always opportunities where you said, however A.I. will dominate investing / trading as well in the next 3 years.

    • @pharcyde8083
      @pharcyde8083 ปีที่แล้ว

      @@johnclark7973 there are already AI market prediction services but building passive interest income is just a matter of putting the money in and collecting dividends each month. Same with real estate and collecting rent each month. AI won’t replace the money you earn, just your ROI.

  • @eyeseeyu
    @eyeseeyu ปีที่แล้ว

    What do you mean by a THIRD WORLD PARTY? 😅😅

  • @johnclark7973
    @johnclark7973 ปีที่แล้ว +6

    Hearing you talk about your minimum income, at just 19 (higher in fact than the majority of old expats) makes me laugh at the people previously that so falsely believed that you just lived off your parents. I knew that was not true because of your growing TH-cam channel and I saw you were selling your BGC digital course. How these people didn't see that was hilarious. Hopefully all those crabby grandpas will learn sonething from you, "kid". 😉😎. Great job, Evan!! 👨‍🚀🚀

    • @TheSavvyExpat
      @TheSavvyExpat  ปีที่แล้ว +3

      Yup, it’s easy to assume a lot about somebody through a screen 😂 I appreciate that John, you take care my friend.

    • @johnclark7973
      @johnclark7973 ปีที่แล้ว +1

      @@TheSavvyExpat Thank you so much, my friend! 👨🤜🤛👦

  • @jjdelamo6246
    @jjdelamo6246 11 หลายเดือนก่อน +1

    I am a Fil-Am based in Las Vegas and Makati. I own rental properties in the US, I hired a property mgmt company, I have fully paid these properties off (no mortgage) then rents keep on increasing due to inflation, demand, etc, I clear over $5k net /mo from these rentals.
    I also manage my personal portfolio of govt bonds, stocks, etfs etc, i get dividend & interest income over $4k/mo.
    These are fully passive income sources allowing me to travel anywhere.
    I worked hard building passive income sources, now my money is working hard for me.
    ... and I haven't even collected SS (still young).

    • @deadcell1
      @deadcell1 5 หลายเดือนก่อน

      🧢

  • @joshuarizalforeman816
    @joshuarizalforeman816 ปีที่แล้ว +22

    At the risk of being accused of 'bragging', here's my tip for your viewers, Evan: buy property before you come here and invest in a business and in medium-risk stocks thus ensuring an income stream. My wife and I bought property before relocating here. We bought two more properties and then we built a coffee-shop and sari-sari store (location - 100m from a hospital) as well as a number of bedsits that we rent out, at a reasonable rate, to nurses from said hospital. We have a large capital sum in the bank as well as income from our properties. That gives us 2.5-3 $USD income per month without having to do anything.

    • @AndyG5435
      @AndyG5435 ปีที่แล้ว +2

      Did you visit and purchase the property before seeing it, or did you just trust the realtor? how did you find someone to manage the property and not live there?

    • @seckoya
      @seckoya ปีที่แล้ว

      ​@@AndyG5435🤔

    • @joshuarizalforeman816
      @joshuarizalforeman816 ปีที่แล้ว +7

      @@AndyG5435My apologies for the lengthy response but I feel I should explain in detail. My wife bought the first property while on a visit home - she is Filipina - from HK to show off her pogi son to the family. She viewed it and put down a deposit and I transferred the remainder from HK. It was about $USD 100, 000. We relocated and bought the second property on the same development for around the same price and then we bought another, slightly more expensive place, while it was still being built. We got a good deal because we paid in cash up front....and then Covid kicked in, which delayed construction. However, that has since been completed. This was after the store and the bedsits had been built but while we were building the coffee-shop. By chance, because of where we live - Rizal Province - property values have significantly increased over the past couple of years, as people working in Manila have realised that the commute is worth it since the environment is cleaner, healthier and cooler.

    • @ryanjones7543
      @ryanjones7543 ปีที่แล้ว +1

      ​@joshuarizalforeman816 is it all in her name, taxes and all? Who manages the re ral property and does the maintenance etc (you mentioned you don't have to do anything), and if it's not all in your wife's name, what are the requirements you had to meet inorder to own businesses in the Philippines as well as the tax implications as a foreigner earning money from properties in the Philippines? Thanks

    • @sfrealestatedealmaker6001
      @sfrealestatedealmaker6001 ปีที่แล้ว +2

      @@ryanjones7543It has to be in her name, unless he’s Filipino. Foreigners can only own condos, not real land in the Philippines.

  • @DaveS1969
    @DaveS1969 ปีที่แล้ว +2

    Remember they cut that in half now its 500 subs and 2000 hours

  • @TheAmericanVagabond
    @TheAmericanVagabond ปีที่แล้ว

    Men….Here’s the deal! 💯 1. Develops a skill- set to earn six-figure or higher income 2. Become Visible and verifiable 3. Seek out and find a network of like-minded high-value men 4. Physical optimization and self defense skills!

  • @TETRARCHFREAK
    @TETRARCHFREAK ปีที่แล้ว

    I heard that it Takes years to make money on TH-cam Evan the kind of money you could live off of if you had a job that pays in the thousands hundreds of dollars area. Some people that I've been subscribed to no Longer make TH-cam videos

  • @jeretso
    @jeretso ปีที่แล้ว +1

    My channel is variety and I like it that way so no money for me. I was thinking of moving in with the squatters on my family's land and hoping they don't kill me which would be a great video haha. If you own property in the USA I would suggest getting a good property manager and rent out your place. Research the laws in your area and see if they are favorable to business. You will still need to check all your receipts and approve large expenses. Property values in America keep going up and selling will usually costs 6% in agent fees so don't sell unless the local government is anti-business or the streets are filled with.