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Post by chris on Jun 4, 2014 15:47:29 GMT 7
My two cents: Never own, RENT! Totally agree. Very highly debatable. But it falls under the general area of good advice. I was burned badly. Long, long story, I built a house lost the whole thing in one go. Metro Manila, QC. I have my own property in Sri Lanka where I sometimes go. House and 20 acres. Live free and off the farm, but no longer any desire to live there. Now personal anecdotes aside. If I had land or controlled a decent piece of land, I would always build...take the risk, and try to minimise it...hmm, wife says we are leaving to Manila, have to run...will cont...
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Post by chris on Jun 7, 2014 9:03:13 GMT 7
Hmm, unable to EDIT.
I am currently building. Initial cost $2500 AUD...plenty of improvements to come.
My point is that is you have access to land, maybe from your with/partner it is reasonable to build something. I would not buy land even if I got some unbelievable "deal" as you often get here. And it's not going to be in your name anyway.
Case in point. We are in a 3 year relationship and we will have our 2nd child within a few weeks. My kids have a US Govt allowance until age 18...about 24,000 pesos, splits between however many kids you have, or if you have one child, 24k pesos. And its paid to the mother as a beneficiary.
I would always think my relationship to be stable, long term, but you know, you never know. My legacy to my partner (also because she will definitely outlive me), would be. The kids nationality. The child allowance. The small house, which I would hope to improve over a few years. Using family labor and one builder, also a relative.
Now of course there is pro and con...so let's hear more.
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Post by Deleted on Jun 7, 2014 16:58:59 GMT 7
In the end it's your money to do with whatever you choose! Even modest rents in Thailand, over hopefully fifteen to twenty years will build two decent new homes. Building one over time and taking care of an extended family you may have thought you never would have, to me is a great source of contentment, enjoyment and happiness in twilight years. To rent....kee niao somewhat. I am very fond of my dear old Dad's sayings,so here's another one: Money is made round to go around..... Cheers bear
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Post by Banjo on Jun 7, 2014 17:29:01 GMT 7
Sticky what, bear? LOL
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Post by Denis-NFA on Jun 8, 2014 0:17:08 GMT 7
In the end it's your money to do with whatever you choose! I am very fond of my dear old Dad's sayings,so here's another one: Money is made round to go around..... Cheers bear Very true...lol with appreceation.
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Post by anthonydsp on Jun 11, 2014 10:02:32 GMT 7
Hey guys well I don't know if anybody has realised but in the philippines now u can stay up to 3years on a tourist visa now instead of 16months apparently it changed in march when I went to get my visa extension the immigration lady told me so but u still can only get 6month extensions maximum they mite bring in 12monthly visas soon hopefully
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Post by chris on Jun 11, 2014 16:33:50 GMT 7
Hey guys well I don't know if anybody has realised but in the philippines now u can stay up to 3years on a tourist visa now instead of 16months apparently it changed in march when I went to get my visa extension the immigration lady told me so but u still can only get 6month extensions maximum they mite bring in 12monthly visas soon hopefully Oh? Doesn't affect me actually, I'm a Permanent Resident. But cutting out the one dayer or the overnighter is good. What do they care anyway as long as you renew and make your payments. I'm checking the DOI site for the link.
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Post by chris on Jun 11, 2014 16:40:26 GMT 7
Hmm, unable to EDIT. I am currently building. Initial cost $2500 AUD...plenty of improvements to come. My point is that is you have access to land, maybe from your with/partner it is reasonable to build something. I would not buy land even if I got some unbelievable "deal" as you often get here. And it's not going to be in your name anyway. Case in point. We are in a 3 year relationship and we will have our 2nd child within a few weeks. My kids have a US Govt allowance until age 18...about 24,000 pesos, splits between however many kids you have, or if you have one child, 24k pesos. And its paid to the mother as a beneficiary. I would always think my relationship to be stable, long term, but you know, you never know. My legacy to my partner (also because she will definitely outlive me), would be. The kids nationality. The child allowance. The small house, which I would hope to improve over a few years. Using family labor and one builder, also a relative. Now of course there is pro and con...so let's hear more. We worked 4 days with 3 workers...2 other days rained out. I pitched in on Day 4 (sounds like a Test Match) because father in law went off to plant rice. Pouring concrete and I was shuttling 2 buckets for about 2 hours. One thing. This is productive and it's fun. We got 9 foundation posts up and 2 more to go. Get about $800 in the materials but have not counted the labor costs yet. 350 pesos/day plus what I give the family or use offsets or other considerations...drinks once a week, every Saturday, that kind of thing. But sometimes we do that anyway. Will probably link up some pictures. Just North of Vigan City, for those who don't know me.
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Post by chris on Jul 3, 2014 8:53:51 GMT 7
Hmm, unable to EDIT. I am currently building. Initial cost $2500 AUD...plenty of improvements to come. My point is that is you have access to land, maybe from your with/partner it is reasonable to build something. I would not buy land even if I got some unbelievable "deal" as you often get here. And it's not going to be in your name anyway. Case in point. We are in a 3 year relationship and we will have our 2nd child within a few weeks. My kids have a US Govt allowance until age 18...about 24,000 pesos, splits between however many kids you have, or if you have one child, 24k pesos. And its paid to the mother as a beneficiary. I would always think my relationship to be stable, long term, but you know, you never know. My legacy to my partner (also because she will definitely outlive me), would be. The kids nationality. The child allowance. The small house, which I would hope to improve over a few years. Using family labor and one builder, also a relative. Now of course there is pro and con...so let's hear more. We worked 4 days with 3 workers...2 other days rained out. I pitched in on Day 4 (sounds like a Test Match) because father in law went off to plant rice. Pouring concrete and I was shuttling 2 buckets for about 2 hours. One thing. This is productive and it's fun. We got 9 foundation posts up and 2 more to go. Get about $800 in the materials but have not counted the labor costs yet. 350 pesos/day plus what I give the family or use offsets or other considerations...drinks once a week, every Saturday, that kind of thing. But sometimes we do that anyway. Will probably link up some pictures. Just North of Vigan City, for those who don't know me.
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Post by chris on Jul 3, 2014 8:57:00 GMT 7
Well, how did that happen.
I'm sticking on $2500, and all the food that I provide, drinks, snacks, lunch,is not alwys added, because we eat also.
A quite re-estimate would add another $2500 ($5000 Total), if I go for finishing, rather than the raw blocks and cement. Over time it can be done, and I'm going home in the middle of that, so $2500 makes it liveable.
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Post by Denis-NFA on Jul 7, 2014 21:14:32 GMT 7
Well, how did that happen. I'm sticking on $2500, and all the food that I provide, drinks, snacks, lunch,is not alwys added, because we eat also. A quite re-estimate would add another $2500 ($5000 Total), if I go for finishing, rather than the raw blocks and cement. Over time it can be done, and I'm going home in the middle of that, so $2500 makes it liveable. chrisidle curiosity but how big a place are you building?
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Post by Denis-NFA on Jul 8, 2014 4:35:47 GMT 7
Hey guys well I don't know if anybody has realised but in the philippines now u can stay up to 3years on a tourist visa now instead of 16months apparently it changed in march when I went to get my visa extension the immigration lady told me so but u still can only get 6month extensions maximum they mite bring in 12monthly visas soon hopefully G'day anthonydspWould you mind pointing me at the Philippine legislation that says I can stay 3 years on a tourist visa? All I can find is the current pay an extra 1000 PHp ($25) from 16 months to maximum of 2 years and if that is what I have to do until 3 years ($25 x 20 months = $500) then I may as well leave at 16 months! One thing us DSPoverseas and OAPoverseas folk should be doing is pressing the Australian government to allow 'us' to invest in an overseas country. Most bar it yet want to buy Australia.
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Post by anthonydsp on Jul 8, 2014 10:22:32 GMT 7
the greenman when i went to immigration in to extend my visa in may the immigration officer said that it had changed from 16months to 36months in march thats all i know
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Post by Denis-NFA on Jul 8, 2014 15:00:38 GMT 7
the greenman when i went to immigration in to extend my visa in may the immigration officer said that it had changed from 16months to 36months in march thats all i know Forgive me anthonydsp if I sounded abrupt. I think it is fantastic and I will be asking at the next visa visit (August) to get on it. I don't want to have to leave the Phils every 16 months if I can avoid that. Cheers and thank you for the 'heads up'.
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Post by chris on Jul 12, 2014 9:41:47 GMT 7
Well, how did that happen. I'm sticking on $2500, and all the food that I provide, drinks, snacks, lunch,is not alwys added, because we eat also. A quite re-estimate would add another $2500 ($5000 Total), if I go for finishing, rather than the raw blocks and cement. Over time it can be done, and I'm going home in the middle of that, so $2500 makes it liveable. chrisidle curiosity but how big a place are you building? A bit hard to say, two 5x4 metre rooms, with a front verandah. Wife want a kitchen on the back, but I didn't approve that yet.
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