Makati

[Engine Driver]

KG. I wanted to be in Manila for few years to enjoy life, and was thinking the best way to be there. I thought of starting a small business. Your message making me rethink the options. Looks like you have done good amount of research, and it would be great to get your insights.

Si.

Unless a monger has successfully owned and operated businesses in his own country, there is no way he is going to do this well in the Philippines. A country he knows nothing about. Where do they get these hare brained ideas from? Too much chatting with barely literate nincompoops on the dating sites? That's what happens when you appoint a hooker as your Chief Investment Officer and who's idea of big time entrepreneurial success is opening a fucking sari sari store.

What makes septuagenarian mongers think they're suddenly going to acquire business acumen and the necessary political contacts the minute they arrive at NAIA? Commercial nous does not instantly materialize through osmosis, by popping a 100 MG Viagra pill or BBFSCIP with a 20 year old MILF from Eastern Samar.

The best a monger can hope to do is remotely manage his share portfolio on line and live off the dividends. Or manage his property portfolio through his realtor back home and live off the rent. These can be achieved successfully if the monger has used his formative years to build wealth in his own country instead of squandering it on chasing Pinay hookers full time.

A $1 million dollar stock portfolio would conservatively yield $35 k a year in dividends. That's 150,000 peso a month. According to the reports here, that amount is enough to retire well in the Philippines. And no need to touch the capital.

[Si6798]

KG. I wanted to be in Manila for few years to enjoy life, and was thinking the best way to be there. I thought of starting a small business. Your message making me rethink the options. Looks like you have done good amount of research, and it would be great to get your insights.

Si.

Not this retired old fart. Lol.

I ran a business back home, it was profitable but my income was highly variable. Some years less than minimum wages, some years well into the top 1%.

I have, on behalf of others, looked into the requirements of opening a business here. You can never get a full and complete answer on what licenses and permits are required and how to go about getting them. A local woman, never met her but we are chatting on line every couple of days, was about 2 months getting everything in place for a sari sari type of store. I have seen 10 different permits in a laundromat.

There was a news story pre-pandemic about a woman who was ecstatic that it only took her 45 days to get all permits to open a home based alterations business, just her and a sewing machine.

Barangy level Municipality level and provincial level to operate, health hygiene, fire inspection plus tax permits.

A local can get away with missing one but a foreigner will not only need every permit that they have thought of, as well as every permit that they will think of plus the necessary visa and work permits to work here. They will invent a permit this morning and shut you down this afternoon..

[Kabul Guy]

All retired people want to keep busy and run a business. .....

Not this retired old fart. Lol.

I ran a business back home, it was profitable but my income was highly variable. Some years less than minimum wages, some years well into the top 1%.

I have, on behalf of others, looked into the requirements of opening a business here. You can never get a full and complete answer on what licenses and permits are required and how to go about getting them. A local woman, never met her but we are chatting on line every couple of days, was about 2 months getting everything in place for a sari sari type of store. I have seen 10 different permits in a laundromat.

There was a news story pre-pandemic about a woman who was ecstatic that it only took her 45 days to get all permits to open a home based alterations business, just her and a sewing machine.

Barangy level Municipality level and provincial level to operate, health hygiene, fire inspection plus tax permits.

A local can get away with missing one but a foreigner will not only need every permit that they have thought of, as well as every permit that they will think of plus the necessary visa and work permits to work here. They will invent a permit this morning and shut you down this afternoon.

A dive buddy built a high end airbnb rental unit. He was short one permit, all the fire department had to do was come and confirm that he had the required size of fire extinguisher, he had a smaller one according to the regulations but was told he needed a bigger one because. Reasons. He immediately went and got the larger extinguisher, asked for a re inspection the same day but was told that the inspector just left on 2 week holiday and no one else could issue the permit.

He lost a 60 k p rental because of that.

Miss one required permit and you will either get a healthy fine (cash no receipt option available of course) or shut down and possibly deported or all of these. If you are deported, don't worry about your investment, someone will be happy to steal it and operate it, they will just want all the profits and will steal the fixtures as well.

If you do get all the permits in place and can open, expect employee theft and misbehavior to be rampant, You will not have any recourse because in court the foreigner is obviously wrong and because he has the most money needs to give a pile of it to the local. If you are selling to locals, expect to have to extend credit and a huge default rate.

If you want to incorporate, you can only own 40%, locals have to own 60%. You can never own land. Try to get around these limits and the anti dummy laws will come into play.

The most I would ever do here is if I had a long term GF who already had a successful business but needed a capital infusion to expand, and had a solid business plan, I might invest some in it. I would look at that as paying for pussy, not as a business investment.

Never invest more than you are willing to walk away from. Yes I have a car but if the fecal material hits the rotating air moving device, I will just drive to the airport double park it in the drop off zone and leave the keys in it before boarding a flight out of here.

Nope no business here for me.

[Lost Refugee]

Happy New Year God of Mongers aka Jackson and fellow mongers! I hope that ya' all doing well with this ongoing pandemic, probably most of you are in your own country taking a break from hunting. I wonder if there is any of you still fighting here and how you find your ways of getting some fresh fish in this delicate situation. I came across a website a while ago called Locanto, some of you are aware of it, and tried to get some information about the ongoing prices nowadays on different services. I was quoted between 5 k to 10 k for ST and most of them they just want cam show. They just try to sell their pictures or some videos. When the internet it's full of them. Now, I know that some guys back in their countries will pay the money for all those cam shows or just support them financially. Let's hope for a better mongering in 2021, what can be worse than 2020, and stay safe wherever you are!

L. R.

[Sammon]

There doesn't seem to be any shortage of scammers plying their trade in Manila. Poor Aussie guy had no idea the long con was being played out in Manila. The scammers look like your typical aging monger you'the encounter in a bar.

https://youtube.com/watch?v=93aubmn8jWc&feature=share

All retired people want to keep busy and run a business. They think it is easy and cheap to do business in poor countries and live a grand style in that country. I personally know some people who thought it is easy to open a go go bar in Angeles and make money. I believe some have done well but whole majority list money for one reason or another.

[Engine Driver]

There doesn't seem to be any shortage of scammers plying their trade in Manila. Poor Aussie guy had no idea the long con was being played out in Manila. The scammers look like your typical aging monger you'the encounter in a bar.

https://youtube.com/watch?v=93aubmn8jWc&feature=share

[BonMonger]

There is no magic gold pot at the end of the rainbow for guys like WCG to find hot pinays. BTW how do you know WCG and the like aren't paying more (I don't recall WCG ever posting prices) than than Koreans (and their high prices), in fact I would be surprised if the expat Koreans in the Philippines are paying more than expat westerners. There are cheap charlie K's and there are 1 week millionaires, just as there are CC westerners and 1 WM westerners. Its hilarious that so many westerners who have for so long enjoyed being the top rooster in the henhouse, by being the top (over) payers, and now due to changing world economies find it hard to compete and so use racist expressions like 333 to soothe their broken egos over lost of status.

But back to the question if you live there, and hunt local brothels, local spas / saunas, use all the dating apps / websites, go to local gogo bars / clubs, you will find plenty of beautiful pinays, and if you learn to bargain in a respectful but position of power then you won't have to pay high prices.

Unfortunately I don't live there and just go for a week to 10 days to mongering. I do agree with your now it's 444 though. But as a matter of fact, I see your post of VN Chix and honestly envy you- hahaha. As in Shanghai, VN rates are crazy, crazy high but the quality is awesome though.

[Kabul Guy]

True. Or the resident could grow a pair and actually talk to civilian cuties at the bank, supermarket or cell phone shop. One might even talk back and give out her phone number or, shock horror, join for a coffee.

One Week Millionaires I can understand but any resident that only meets hookers and bargirls is missing out on so much fun.

Enjoy. G.

I do OK, at least did pre-pandemic days on meeting regular girls on the dating sites. I got pretty good at separating the true regular girls from the pro's faking it.

I even have had a couple on traditional meetings and from referrals from other girls. In fact my longest regular, the blow job queen, I met as a referral.

[Goferring]

if you live there, and hunt local brothels, local spas / saunas, use all the dating apps / websites, go to local gogo bars / clubs, you will find plenty of beautiful pinays, and if you learn to bargain in a respectful but position of power then you won't have to pay high prices.

True. Or the resident could grow a pair and actually talk to civilian cuties at the bank, supermarket or cell phone shop. One might even talk back and give out her phone number or, shock horror, join for a coffee.

One Week Millionaires I can understand but any resident that only meets hookers and bargirls is missing out on so much fun.

Enjoy. G.

[Member #4667]

I saw many posts with beautiful pinay's, especially west coast guy. Wonder where he finds all chicks as I saw recently AC and Makati (plan be especially) all are filled with Koreans and high asking rates.

There is no magic gold pot at the end of the rainbow for guys like WCG to find hot pinays. BTW how do you know WCG and the like aren't paying more (I don't recall WCG ever posting prices) than than Koreans (and their high prices), in fact I would be surprised if the expat Koreans in the Philippines are paying more than expat westerners. There are cheap charlie K's and there are 1 week millionaires, just as there are CC westerners and 1 WM westerners. Its hilarious that so many westerners who have for so long enjoyed being the top rooster in the henhouse, by being the top (over) payers, and now due to changing world economies find it hard to compete and so use racist expressions like 333 to soothe their broken egos over lost of status.

But back to the question if you live there, and hunt local brothels, local spas / saunas, use all the dating apps / websites, go to local gogo bars / clubs, you will find plenty of beautiful pinays, and if you learn to bargain in a respectful but position of power then you won't have to pay high prices.

[BonMonger]

Had another walk today, Ringside is now also gone also with signs up seeking new long term leaser. I actually really hated going there, it was strictly only when other people really wanted to go that I'the venture in, so I won't miss it. However, sign of times if place such as that has closed doors for good.

On brighter side a few of other more pub type places are already open again, the girly bars appear to not be too far away as cleaning crews appeared to be working in quite a few of them. I guess this is due to proposed reduction of quarantine mentioned as starting in October?

I saw many posts with beautiful pinay's, especially west coast guy. Wonder where he finds all chicks as I saw recently AC and Makati (plan be especially) all are filled with Koreans and high asking rates.

[Goferring]

Not surprising. With no income coming in the owners must have expended all their savings.

If you believe that the bars are more laudries than for-profit businesses, the low turnover may have lead the principals to take their money elsewhere to be cleaned so as not to raise suspicions.

[Turgid]

Apologies for continued depressing posts. It would appear that Kojax, Plan be and Tickles have also closed their doors for good.

Not surprising. With no income coming in the owners must have expended all their savings.

[Muttley81]

Apologies for continued depressing posts. It would appear that Kojax, Plan be and Tickles have also closed their doors for good.

[Muttley81]

Had a walk down Burgos today on way out to do shopping. Not great, two of the bars are already closed for good it seems with signs up advertising they are available for lease or business ventures. While I'm not surprised this is happening, and I don't see things getting better any time this year, it's a shame.

Had another walk today, Ringside is now also gone also with signs up seeking new long term leaser. I actually really hated going there, it was strictly only when other people really wanted to go that I'the venture in, so I won't miss it. However, sign of times if place such as that has closed doors for good.

On brighter side a few of other more pub type places are already open again, the girly bars appear to not be too far away as cleaning crews appeared to be working in quite a few of them. I guess this is due to proposed reduction of quarantine mentioned as starting in October?