Investing in the Philippines is very cheap compared to other South-East Asian countries, other than being centrally located in the world’s fastest growing region which is Asia. its proximity is largely seen as an advantage being only within two to four hours flight to its neighboring economic dragons of Asia such as Japan, Korea, Hong Kong, Taiwan, Singapore, Thailand, Malaysia, Indonesia, and other rapidly emerging countries like Vietnam. One can also look at its climate as an investing advantage having only two seasons as it benefits from its tropical geographic climate.

Other highlights of the Philippines is that it is highly regarded as the largest English-speaking population in Asia. It also has a huge number of skilled managerial, technical, and computer-literate personnel. Aside from the high rates of foreign currency, the Philippines can assure you of highly competitive and affordable labor rates. But the most advantageous for outsourcers are the investment incentives supported by the local government which includes tax holidays, tax credits, duty-free importation of capital equipment, liberal foreign exchange policy and establishment of special investment zones amongst others. It is no wonder that the Philippines has and have always been the number one choice for outsourcing. And right now hundreds of IT related outsourcing investors are flooding the country. No wonder by the next five to ten years it will welcome more investors and capital.