Philippines Expat: Buying your wife a business

Buying a business no matter what country is a big step and risk. The initial problem in the Philippines if buying a business for your wife / partner is knowing the ability of that person. I have seen so many businesses fail purely because of the lack of involvement from the expat and his partner. The partner often has a business for “boasting sake”. As such no idea of running it or interest in doing so but loves to tell everyone they have a business.

I recommend personally observing and understanding what the business options are and if the business is viable, as well as your partner capable of running it. As the last thing you want to be doing is wasting money and also complicating your relationship.

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