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Monday, April 30, 2018

Everything You Need to Know About BDO Kabayan Home, Car and Personal Loan

When we talk about loan there are many government and private institutions that are much willing to approve your application. Be it for a housing loan, car loan or personal loan. Institutions such as banks. Banks like BDO.
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When we talk about loan there are many government and private institutions that are much willing to approve your application. Be it for a housing loan, car loan or personal loan. Institutions such as banks. Banks like BDO.    So this post will focus to give you simple guidelines on how to apply for home, car or personal loan from BDO.    BDO Kabayan Home Loan    The BDO offers financing assistance for the following purpose:  Purchase of House and Lot / Townhouse Unit Purchase of Condominium Unit Purchase of Vacant Lot Construction of House House Renovation / Home Improvement Reimbursement of Acquisition Refinancing / Loan Take-out Step 1 — Qualifications:  At least 21 years old but not exceeding 70 years old at the end of the loan term Filipino Citizens or Foreign Nationals Minimum gross income of P50,000/month or its equivalent in US Dollars With stable source of income from employment or business Locally Employed  Self-Employed  Employed Abroad  At least 2 years with current company  At least 2 consecutive profitable years of operation  • 2 to 3 years    consecutive   employment    • Assignment of Beneficiary as Loan Administrator if not in the Philippines at    the time of    application.  Step 2 — Prepare The Requirements   • Basic Documents • Completely filled-out application form • Photocopy of one (1) valid ID matching application details Acceptable IDs: Passport, Driver’s License, SSS, PRC, OWWA ID, OFW ID, Seaman’s Book • Marriage contract, if applicable • Income Documents  Locally Employed  Self-Employed  Employed Abroad  • Latest Income Tax    Return or BIR Form    2316    • Latest three (3)    months payslip    • Certificate of    Employment with    Income (COEI)  • Photocopy of    Audited Financial    Statements for the    last two (2) years    with latest ITR    • Bank Statements or    Photocopy of    Passbook for the    last six (6) months    • Certificate of    Business    Registration from    DTI or SEC, Articles    of Partnership or    Articles of    Incorporation    (whichever is    applicable)    • Business    Background or    Company Profile  Any of the following:    • Proof of Remittance    for the last 3    months    • Latest Crew    Contract, if sea    based    • Consularized    Certificate of    Employment with    Income (COEI) or    latest three (3)    months payslips  If with Additional Source of Income from Rental of Property/ies  • Lease Contract  • Photocopy of Title  BDO Kabayan Auto Loan    Apply for a BDO Auto Loan to finance your brand new or pre-owned car whether for personal or business use.    Flexible Loan Terms  For a lighter and more affordable monthly amortization, you can opt to increase your down payment or go for a longer loan term  Brand New  Pre-Owned  Personal Use  Business Use  Personal Use  Business Use  Min. Downpayment  20%  30%  30%  40%  Max. Loan Term  6 years  3 years  4 years  2 years  Step 1 —Check Your Qualifications  At least 21 years old but not exceeding 70 years old at the end of the loan term Filipino citizen or foreigners residing in the Philippines for atleast 2 years Minimum gross family income of P50,000/month With stable source of income from employment or business  Locally Employed  Self-Employed  Employed Abroad  at least 2 years with current company  at least 2 consecutive profitable years of operation  2-3 years employment    Step 2 — Prepare The Documents Basic Document  Completely filled out application form Identification Documents Photocopy of one (1) valid ID matching application details(e.g. Passport, Driver’s License, SSS, PRC, OWWA ID,OFW ID, Seaman’s Book) For Foreigners, Alien Certificate of Registration with Work Permit Income Documents: Locally Employed  Self-Employed  Employed Abroad  Any of the following:  • Latest Income Tax   Return or BIR Form   2316 or latest   payslip  • Certificate of   Employment with   Salary  • Additional for   Foreigners, current   employment   contract  • Photocopy of   Audited Financial   Statements for the   last 2 years with   latest ITR  • Bank Statements   or Photocopy of   Passbook for the   last 3 months  • Certificate of   Business   Registration  Any of the following:  • Proof of   Remittance for the   last 3 months  • Latest Crew   Contract, if sea   based  • Consularized   Certificate of   Employment with   Income (COEI) or   latest three (3)   months payslips      BDO Kabayan Personal Loan  You can apply for BDO Kabayan Personal Loan for the following purpose.  Home Renovation / Upgrades Tuition / Education Furniture Appliances / Electronic Gadgets Vacation / Travel Balance Transfer / Debt Consolidation Special Events Health and Wellness Medical Emergencies  BDO Kabayan Program BDO Kabayan Personal Loan Unsecured A multi - purpose and non collateral Personal Loan for OFWs with fixed income. BDO Kabayan Personal Loan Secured The Personal Loan for OFWs is offered against hold-out on Joint or Individual account deposits maintained with BDO as security.   The following are the type of deposits allowed for this facility:  Peso or Dollar Savings Account Peso or Dollar Time Deposit – at least co-terminous with the loan tenor The minimum deposit requirement is P15,000 or its dollar equivalent. Though, the loan proceeds will be in Pesos. Applicant should be the OFW only. However, if the deposit collateral is a joint account, beneficiary may apply as a principal borrower of the loan The following cannot be allowed to be held as collateral “In Trust For” accounts Accounts with existing/ongoing hold-out arrangements Benefits  Flexible loan amounts Minimum of P10,000  For BDO Kabayan Personal Loan Secured For Peso account, maximum of 90% of the deposit account balance  For Dollar account , maximum of 80% of the deposit account balance; the prevailing buying rate shall be used to determine peso equivalent.  Fixed monthly payments – pay the same amount every month with any of the following flexible payment terms:   3 months (for Unsecured) 6 months 12 months 18 months 24 months 36 months  Loan proceeds will be credited to BDO account  Step 3 — Submit Application Form and Requirements    Applications for housing, auto-loan and personal loan can be done through the following;     • Apply Online  • BDO Home Loan Provincial Business Centers  • More than 1,000 BDO Branches Nationwide
So this post will focus to give you simple guidelines on how to apply for home, car or personal loan from BDO.
Sponsored Links

BDO Kabayan Home Loan

The BDO offers financing assistance for the following purpose:
  • Purchase of House and Lot / Townhouse Unit
  • Purchase of Condominium Unit
  • Purchase of Vacant Lot
  • Construction of House
  • House Renovation / Home Improvement
  • Reimbursement of Acquisition
  • Refinancing / Loan Take-out
Step 1 — Qualifications:
  • At least 21 years old but not exceeding 70 years old at the end of the loan term
  • Filipino Citizens or Foreign Nationals
  • Minimum gross income of P50,000/month or its equivalent in US Dollars
  • With stable source of income from employment or business
Locally EmployedSelf-EmployedEmployed Abroad
At least 2 years with current company
At least 2 consecutive profitable years of operation
• 2 to 3 years
  consecutive
 employment

• Assignment of Beneficiary as Loan Administrator if not in the Philippines at
  the time of
  application.
Step 2 — Prepare The Requirements

• Basic Documents
• Completely filled-out application form
• Photocopy of one (1) valid ID matching application details
Acceptable IDs: Passport, Driver’s License, SSS, PRC,
OWWA ID, OFW ID, Seaman’s Book
• Marriage contract, if applicable
• Income Documents

Locally EmployedSelf-EmployedEmployed Abroad
• Latest Income Tax
  Return or BIR Form
  2316

• Latest three (3)
  months payslip

• Certificate of
  Employment with
  Income (COEI)
• Photocopy of
  Audited Financial
  Statements for the
  last two (2) years
  with latest ITR

• Bank Statements or
  Photocopy of
  Passbook for the
  last six (6) months

• Certificate of
  Business
  Registration from
  DTI or SEC, Articles
  of Partnership or
  Articles of
  Incorporation
  (whichever is
  applicable)

• Business
  Background or
  Company Profile
Any of the following:

• Proof of Remittance
  for the last 3
  months

• Latest Crew
  Contract, if sea
  based

• Consularized
  Certificate of
  Employment with
  Income (COEI) or
  latest three (3)
  months payslips
If with Additional Source of Income from Rental of Property/ies
• Lease Contract
• Photocopy of Title
BDO Kabayan Auto Loan

Apply for a BDO Auto Loan to finance your brand new or pre-owned car whether for personal or business use.

Flexible Loan Terms
For a lighter and more affordable monthly amortization, you can opt to increase your down payment or go for a longer loan term
Brand NewPre-Owned
Personal
Use
Business UsePersonal
Use
Business Use
Min. Downpayment20%30%30%40%
Max.
Loan Term
6 years3 years4 years2 years
Step 1 —Check Your Qualifications
  • At least 21 years old but not exceeding 70 years old at the end of the loan term
  • Filipino citizen or foreigners residing in the Philippines for atleast 2 years
  • Minimum gross family income of P50,000/month
  • With stable source of income from employment or business

Locally EmployedSelf-EmployedEmployed Abroad
at least 2 years with current company
at least 2 consecutive profitable years of operation2-3 years employment

Step 2 — Prepare The Documents
Basic Document

  • Completely filled out application form
  • Identification Documents
  • Photocopy of one (1) valid ID matching application details(e.g. Passport, Driver’s License, SSS, PRC, OWWA ID,OFW ID, Seaman’s Book)
  • For Foreigners, Alien Certificate of Registration with Work Permit
Income Documents:
Locally EmployedSelf-EmployedEmployed Abroad
Any of the following:

• Latest Income Tax
  Return or BIR Form
  2316 or latest
  payslip

• Certificate of
  Employment with
  Salary

• Additional for
  Foreigners, current
  employment
  contract
• Photocopy of
  Audited Financial
  Statements for the
  last 2 years with
  latest ITR

• Bank Statements
  or Photocopy of
  Passbook for the
  last 3 months

• Certificate of
  Business
  Registration
Any of the following:

• Proof of
  Remittance for the
  last 3 months

• Latest Crew
  Contract, if sea
  based

• Consularized
  Certificate of
  Employment with
  Income (COEI) or
  latest three (3)
  months payslips


BDO Kabayan Personal Loan
You can apply for BDO Kabayan Personal Loan for the following purpose.
  • Home Renovation / Upgrades
  • Tuition / Education
  • Furniture
  • Appliances / Electronic Gadgets
  • Vacation / Travel
  • Balance Transfer / Debt Consolidation
  • Special Events
  • Health and Wellness
  • Medical Emergencies

BDO Kabayan Program

  • BDO Kabayan Personal Loan Unsecured
A multi - purpose and non collateral Personal Loan for OFWs with fixed income.
  • BDO Kabayan Personal Loan Secured
The Personal Loan for OFWs is offered against hold-out on Joint or Individual account deposits maintained with BDO as security.


  • The following are the type of deposits allowed for this facility:

  1. Peso or Dollar Savings Account
  2. Peso or Dollar Time Deposit – at least co-terminous with the loan tenor

  • The minimum deposit requirement is P15,000 or its dollar equivalent. Though, the loan proceeds will be in Pesos.
  • Applicant should be the OFW only. However, if the deposit collateral is a joint account, beneficiary may apply as a principal borrower of the loan
  • The following cannot be allowed to be held as collateral
  1. “In Trust For” accounts
  2. Accounts with existing/ongoing hold-out arrangements
Benefits

Flexible loan amounts
Minimum of P10,000

For BDO Kabayan Personal Loan Secured
For Peso account, maximum of 90% of the deposit account balance

For Dollar account , maximum of 80% of the deposit account balance; the prevailing buying rate shall be used to determine peso equivalent.

Fixed monthly payments – pay the same amount every month with any of the following flexible payment terms:

3 months (for Unsecured)
6 months
12 months
18 months
24 months
36 months

Loan proceeds will be credited to BDO account

Step 3 — Submit Application Form and Requirements

Applications for housing, auto-loan and personal loan can be done through the following; 

• BDO Home Loan Provincial Business Centers
• More than 1,000 BDO Branches Nationwide


SEE ALSO:
When we talk about loan there are many government and private institutions that are much willing to approve your application. Be it for a housing loan, car loan or personal loan. Institutions such as banks. Banks like BDO.    So this post will focus to give you simple guidelines on how to apply for home, car or personal loan from BDO.    BDO Kabayan Home Loan    The BDO offers financing assistance for the following purpose:  Purchase of House and Lot / Townhouse Unit Purchase of Condominium Unit Purchase of Vacant Lot Construction of House House Renovation / Home Improvement Reimbursement of Acquisition Refinancing / Loan Take-out Step 1 — Qualifications:  At least 21 years old but not exceeding 70 years old at the end of the loan term Filipino Citizens or Foreign Nationals Minimum gross income of P50,000/month or its equivalent in US Dollars With stable source of income from employment or business Locally Employed  Self-Employed  Employed Abroad  At least 2 years with current company  At least 2 consecutive profitable years of operation  • 2 to 3 years    consecutive   employment    • Assignment of Beneficiary as Loan Administrator if not in the Philippines at    the time of    application.  Step 2 — Prepare The Requirements   • Basic Documents • Completely filled-out application form • Photocopy of one (1) valid ID matching application details Acceptable IDs: Passport, Driver’s License, SSS, PRC, OWWA ID, OFW ID, Seaman’s Book • Marriage contract, if applicable • Income Documents  Locally Employed  Self-Employed  Employed Abroad  • Latest Income Tax    Return or BIR Form    2316    • Latest three (3)    months payslip    • Certificate of    Employment with    Income (COEI)  • Photocopy of    Audited Financial    Statements for the    last two (2) years    with latest ITR    • Bank Statements or    Photocopy of    Passbook for the    last six (6) months    • Certificate of    Business    Registration from    DTI or SEC, Articles    of Partnership or    Articles of    Incorporation    (whichever is    applicable)    • Business    Background or    Company Profile  Any of the following:    • Proof of Remittance    for the last 3    months    • Latest Crew    Contract, if sea    based    • Consularized    Certificate of    Employment with    Income (COEI) or    latest three (3)    months payslips  If with Additional Source of Income from Rental of Property/ies  • Lease Contract  • Photocopy of Title  BDO Kabayan Auto Loan    Apply for a BDO Auto Loan to finance your brand new or pre-owned car whether for personal or business use.    Flexible Loan Terms  For a lighter and more affordable monthly amortization, you can opt to increase your down payment or go for a longer loan term  Brand New  Pre-Owned  Personal Use  Business Use  Personal Use  Business Use  Min. Downpayment  20%  30%  30%  40%  Max. Loan Term  6 years  3 years  4 years  2 years  Step 1 —Check Your Qualifications  At least 21 years old but not exceeding 70 years old at the end of the loan term Filipino citizen or foreigners residing in the Philippines for atleast 2 years Minimum gross family income of P50,000/month With stable source of income from employment or business  Locally Employed  Self-Employed  Employed Abroad  at least 2 years with current company  at least 2 consecutive profitable years of operation  2-3 years employment    Step 2 — Prepare The Documents Basic Document  Completely filled out application form Identification Documents Photocopy of one (1) valid ID matching application details(e.g. Passport, Driver’s License, SSS, PRC, OWWA ID,OFW ID, Seaman’s Book) For Foreigners, Alien Certificate of Registration with Work Permit Income Documents: Locally Employed  Self-Employed  Employed Abroad  Any of the following:  • Latest Income Tax   Return or BIR Form   2316 or latest   payslip  • Certificate of   Employment with   Salary  • Additional for   Foreigners, current   employment   contract  • Photocopy of   Audited Financial   Statements for the   last 2 years with   latest ITR  • Bank Statements   or Photocopy of   Passbook for the   last 3 months  • Certificate of   Business   Registration  Any of the following:  • Proof of   Remittance for the   last 3 months  • Latest Crew   Contract, if sea   based  • Consularized   Certificate of   Employment with   Income (COEI) or   latest three (3)   months payslips      BDO Kabayan Personal Loan  You can apply for BDO Kabayan Personal Loan for the following purpose.  Home Renovation / Upgrades Tuition / Education Furniture Appliances / Electronic Gadgets Vacation / Travel Balance Transfer / Debt Consolidation Special Events Health and Wellness Medical Emergencies  BDO Kabayan Program BDO Kabayan Personal Loan Unsecured A multi - purpose and non collateral Personal Loan for OFWs with fixed income. BDO Kabayan Personal Loan Secured The Personal Loan for OFWs is offered against hold-out on Joint or Individual account deposits maintained with BDO as security.   The following are the type of deposits allowed for this facility:  Peso or Dollar Savings Account Peso or Dollar Time Deposit – at least co-terminous with the loan tenor The minimum deposit requirement is P15,000 or its dollar equivalent. Though, the loan proceeds will be in Pesos. Applicant should be the OFW only. However, if the deposit collateral is a joint account, beneficiary may apply as a principal borrower of the loan The following cannot be allowed to be held as collateral “In Trust For” accounts Accounts with existing/ongoing hold-out arrangements Benefits  Flexible loan amounts Minimum of P10,000  For BDO Kabayan Personal Loan Secured For Peso account, maximum of 90% of the deposit account balance  For Dollar account , maximum of 80% of the deposit account balance; the prevailing buying rate shall be used to determine peso equivalent.  Fixed monthly payments – pay the same amount every month with any of the following flexible payment terms:   3 months (for Unsecured) 6 months 12 months 18 months 24 months 36 months  Loan proceeds will be credited to BDO account  Step 3 — Submit Application Form and Requirements    Applications for housing, auto-loan and personal loan can be done through the following;     • Apply Online  • BDO Home Loan Provincial Business Centers  • More than 1,000 BDO Branches Nationwide

When we talk about loan there are many government and private institutions that are much willing to approve your application. Be it for a housing loan, car loan or personal loan. Institutions such as banks. Banks like BDO.    So this post will focus to give you simple guidelines on how to apply for home, car or personal loan from BDO.    BDO Kabayan Home Loan    The BDO offers financing assistance for the following purpose:  Purchase of House and Lot / Townhouse Unit Purchase of Condominium Unit Purchase of Vacant Lot Construction of House House Renovation / Home Improvement Reimbursement of Acquisition Refinancing / Loan Take-out Step 1 — Qualifications:  At least 21 years old but not exceeding 70 years old at the end of the loan term Filipino Citizens or Foreign Nationals Minimum gross income of P50,000/month or its equivalent in US Dollars With stable source of income from employment or business Locally Employed  Self-Employed  Employed Abroad  At least 2 years with current company  At least 2 consecutive profitable years of operation  • 2 to 3 years    consecutive   employment    • Assignment of Beneficiary as Loan Administrator if not in the Philippines at    the time of    application.  Step 2 — Prepare The Requirements   • Basic Documents • Completely filled-out application form • Photocopy of one (1) valid ID matching application details Acceptable IDs: Passport, Driver’s License, SSS, PRC, OWWA ID, OFW ID, Seaman’s Book • Marriage contract, if applicable • Income Documents  Locally Employed  Self-Employed  Employed Abroad  • Latest Income Tax    Return or BIR Form    2316    • Latest three (3)    months payslip    • Certificate of    Employment with    Income (COEI)  • Photocopy of    Audited Financial    Statements for the    last two (2) years    with latest ITR    • Bank Statements or    Photocopy of    Passbook for the    last six (6) months    • Certificate of    Business    Registration from    DTI or SEC, Articles    of Partnership or    Articles of    Incorporation    (whichever is    applicable)    • Business    Background or    Company Profile  Any of the following:    • Proof of Remittance    for the last 3    months    • Latest Crew    Contract, if sea    based    • Consularized    Certificate of    Employment with    Income (COEI) or    latest three (3)    months payslips  If with Additional Source of Income from Rental of Property/ies  • Lease Contract  • Photocopy of Title  BDO Kabayan Auto Loan    Apply for a BDO Auto Loan to finance your brand new or pre-owned car whether for personal or business use.    Flexible Loan Terms  For a lighter and more affordable monthly amortization, you can opt to increase your down payment or go for a longer loan term  Brand New  Pre-Owned  Personal Use  Business Use  Personal Use  Business Use  Min. Downpayment  20%  30%  30%  40%  Max. Loan Term  6 years  3 years  4 years  2 years  Step 1 —Check Your Qualifications  At least 21 years old but not exceeding 70 years old at the end of the loan term Filipino citizen or foreigners residing in the Philippines for atleast 2 years Minimum gross family income of P50,000/month With stable source of income from employment or business  Locally Employed  Self-Employed  Employed Abroad  at least 2 years with current company  at least 2 consecutive profitable years of operation  2-3 years employment    Step 2 — Prepare The Documents Basic Document  Completely filled out application form Identification Documents Photocopy of one (1) valid ID matching application details(e.g. Passport, Driver’s License, SSS, PRC, OWWA ID,OFW ID, Seaman’s Book) For Foreigners, Alien Certificate of Registration with Work Permit Income Documents: Locally Employed  Self-Employed  Employed Abroad  Any of the following:  • Latest Income Tax   Return or BIR Form   2316 or latest   payslip  • Certificate of   Employment with   Salary  • Additional for   Foreigners, current   employment   contract  • Photocopy of   Audited Financial   Statements for the   last 2 years with   latest ITR  • Bank Statements   or Photocopy of   Passbook for the   last 3 months  • Certificate of   Business   Registration  Any of the following:  • Proof of   Remittance for the   last 3 months  • Latest Crew   Contract, if sea   based  • Consularized   Certificate of   Employment with   Income (COEI) or   latest three (3)   months payslips      BDO Kabayan Personal Loan  You can apply for BDO Kabayan Personal Loan for the following purpose.  Home Renovation / Upgrades Tuition / Education Furniture Appliances / Electronic Gadgets Vacation / Travel Balance Transfer / Debt Consolidation Special Events Health and Wellness Medical Emergencies  BDO Kabayan Program BDO Kabayan Personal Loan Unsecured A multi - purpose and non collateral Personal Loan for OFWs with fixed income. BDO Kabayan Personal Loan Secured The Personal Loan for OFWs is offered against hold-out on Joint or Individual account deposits maintained with BDO as security.   The following are the type of deposits allowed for this facility:  Peso or Dollar Savings Account Peso or Dollar Time Deposit – at least co-terminous with the loan tenor The minimum deposit requirement is P15,000 or its dollar equivalent. Though, the loan proceeds will be in Pesos. Applicant should be the OFW only. However, if the deposit collateral is a joint account, beneficiary may apply as a principal borrower of the loan The following cannot be allowed to be held as collateral “In Trust For” accounts Accounts with existing/ongoing hold-out arrangements Benefits  Flexible loan amounts Minimum of P10,000  For BDO Kabayan Personal Loan Secured For Peso account, maximum of 90% of the deposit account balance  For Dollar account , maximum of 80% of the deposit account balance; the prevailing buying rate shall be used to determine peso equivalent.  Fixed monthly payments – pay the same amount every month with any of the following flexible payment terms:   3 months (for Unsecured) 6 months 12 months 18 months 24 months 36 months  Loan proceeds will be credited to BDO account  Step 3 — Submit Application Form and Requirements    Applications for housing, auto-loan and personal loan can be done through the following;     • Apply Online  • BDO Home Loan Provincial Business Centers  • More than 1,000 BDO Branches Nationwide

When we talk about loan there are many government and private institutions that are much willing to approve your application. Be it for a housing loan, car loan or personal loan. Institutions such as banks. Banks like BDO.    So this post will focus to give you simple guidelines on how to apply for home, car or personal loan from BDO.    BDO Kabayan Home Loan    The BDO offers financing assistance for the following purpose:  Purchase of House and Lot / Townhouse Unit Purchase of Condominium Unit Purchase of Vacant Lot Construction of House House Renovation / Home Improvement Reimbursement of Acquisition Refinancing / Loan Take-out Step 1 — Qualifications:  At least 21 years old but not exceeding 70 years old at the end of the loan term Filipino Citizens or Foreign Nationals Minimum gross income of P50,000/month or its equivalent in US Dollars With stable source of income from employment or business Locally Employed  Self-Employed  Employed Abroad  At least 2 years with current company  At least 2 consecutive profitable years of operation  • 2 to 3 years    consecutive   employment    • Assignment of Beneficiary as Loan Administrator if not in the Philippines at    the time of    application.  Step 2 — Prepare The Requirements   • Basic Documents • Completely filled-out application form • Photocopy of one (1) valid ID matching application details Acceptable IDs: Passport, Driver’s License, SSS, PRC, OWWA ID, OFW ID, Seaman’s Book • Marriage contract, if applicable • Income Documents  Locally Employed  Self-Employed  Employed Abroad  • Latest Income Tax    Return or BIR Form    2316    • Latest three (3)    months payslip    • Certificate of    Employment with    Income (COEI)  • Photocopy of    Audited Financial    Statements for the    last two (2) years    with latest ITR    • Bank Statements or    Photocopy of    Passbook for the    last six (6) months    • Certificate of    Business    Registration from    DTI or SEC, Articles    of Partnership or    Articles of    Incorporation    (whichever is    applicable)    • Business    Background or    Company Profile  Any of the following:    • Proof of Remittance    for the last 3    months    • Latest Crew    Contract, if sea    based    • Consularized    Certificate of    Employment with    Income (COEI) or    latest three (3)    months payslips  If with Additional Source of Income from Rental of Property/ies  • Lease Contract  • Photocopy of Title  BDO Kabayan Auto Loan    Apply for a BDO Auto Loan to finance your brand new or pre-owned car whether for personal or business use.    Flexible Loan Terms  For a lighter and more affordable monthly amortization, you can opt to increase your down payment or go for a longer loan term  Brand New  Pre-Owned  Personal Use  Business Use  Personal Use  Business Use  Min. Downpayment  20%  30%  30%  40%  Max. Loan Term  6 years  3 years  4 years  2 years  Step 1 —Check Your Qualifications  At least 21 years old but not exceeding 70 years old at the end of the loan term Filipino citizen or foreigners residing in the Philippines for atleast 2 years Minimum gross family income of P50,000/month With stable source of income from employment or business  Locally Employed  Self-Employed  Employed Abroad  at least 2 years with current company  at least 2 consecutive profitable years of operation  2-3 years employment    Step 2 — Prepare The Documents Basic Document  Completely filled out application form Identification Documents Photocopy of one (1) valid ID matching application details(e.g. Passport, Driver’s License, SSS, PRC, OWWA ID,OFW ID, Seaman’s Book) For Foreigners, Alien Certificate of Registration with Work Permit Income Documents: Locally Employed  Self-Employed  Employed Abroad  Any of the following:  • Latest Income Tax   Return or BIR Form   2316 or latest   payslip  • Certificate of   Employment with   Salary  • Additional for   Foreigners, current   employment   contract  • Photocopy of   Audited Financial   Statements for the   last 2 years with   latest ITR  • Bank Statements   or Photocopy of   Passbook for the   last 3 months  • Certificate of   Business   Registration  Any of the following:  • Proof of   Remittance for the   last 3 months  • Latest Crew   Contract, if sea   based  • Consularized   Certificate of   Employment with   Income (COEI) or   latest three (3)   months payslips      BDO Kabayan Personal Loan  You can apply for BDO Kabayan Personal Loan for the following purpose.  Home Renovation / Upgrades Tuition / Education Furniture Appliances / Electronic Gadgets Vacation / Travel Balance Transfer / Debt Consolidation Special Events Health and Wellness Medical Emergencies  BDO Kabayan Program BDO Kabayan Personal Loan Unsecured A multi - purpose and non collateral Personal Loan for OFWs with fixed income. BDO Kabayan Personal Loan Secured The Personal Loan for OFWs is offered against hold-out on Joint or Individual account deposits maintained with BDO as security.   The following are the type of deposits allowed for this facility:  Peso or Dollar Savings Account Peso or Dollar Time Deposit – at least co-terminous with the loan tenor The minimum deposit requirement is P15,000 or its dollar equivalent. Though, the loan proceeds will be in Pesos. Applicant should be the OFW only. However, if the deposit collateral is a joint account, beneficiary may apply as a principal borrower of the loan The following cannot be allowed to be held as collateral “In Trust For” accounts Accounts with existing/ongoing hold-out arrangements Benefits  Flexible loan amounts Minimum of P10,000  For BDO Kabayan Personal Loan Secured For Peso account, maximum of 90% of the deposit account balance  For Dollar account , maximum of 80% of the deposit account balance; the prevailing buying rate shall be used to determine peso equivalent.  Fixed monthly payments – pay the same amount every month with any of the following flexible payment terms:   3 months (for Unsecured) 6 months 12 months 18 months 24 months 36 months  Loan proceeds will be credited to BDO account  Step 3 — Submit Application Form and Requirements    Applications for housing, auto-loan and personal loan can be done through the following;     • Apply Online  • BDO Home Loan Provincial Business Centers  • More than 1,000 BDO Branches Nationwide



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Sunday, April 29, 2018

Duterte Declared Permanent Deployment Ban To Kuwait: Calls Out To OFWs To Come Home


President Rodrigo Duterte said that the deployment ban of overseas Filipino workers to Kuwait, especially domestic helpers, would be permanent.



"There will be no more recruitment... especially domestic helpers," said Duterte.



The president also urged every Filipino skilled workers in Kuwait to come home, as jobs would be available for them in the country.

China is considered among the possible future deployment destinations, workers could look forward to, where some 100,000 English teachers would be needed in the next five years.

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There would also be a need for caregivers in countries with aging populations, with Duterte pointing to Japan as one of these possible destination countries.

Furthermore, the president said that the Philippines would need workers because of the bullish economy, and because of the government's "Build, Build, Build" infrastructure program.

As he made an appeal to Kuwait OFWs' sense of patriotism, the President said, "please come home."
Nevertheless, Duterte conceded that things would initially be difficult for returning workers, but matters would "straighten out" eventually.

According to the Foreign Affairs Department, there were 260,000 Filipinos working in Kuwait, with more than 65 percent of the domestic helpers.

However, The president expressed much gratitude to Kuwait for the help it provided to OFWs. He also reiterated that he had no ill will towards the Kuwaiti government, neither with its people. Nonetheless, he hoped that the Filipino workers who chose to remain in Kuwait would be treated humanely.
Meanwhile, Labor Secretary Silvestre Bello III said that the president's statement was misquoted and reports are sometimes inaccurate. The President reportedly said that the ban is now permanent -- that is not the case, he said. The President had said from the start that the deployment ban will stay for as long as there is no MOU and there is no justice.
Secretary Bello also said that he will still clarify the issue with the president.
President Rodrigo Duterte said that the deployment ban of overseas Filipino workers to Kuwait, especially domestic helpers, would be permanent.      "There will be no more recruitment... especially domestic helpers," said Duterte.    The president also urged every Filipino skilled workers in Kuwait to come home, as jobs would be available for them in the country.    China is considered among the possible future deployment destinations, workers could look forward to, where some 100,000 English teachers would be needed in the next five years.  Advertisement         Sponsored Links           There would also be a need for caregivers in countries with aging populations, with Duterte pointing to Japan as one of these possible destination countries.    Furthermore, the president said that the Philippines would need workers because of the bullish economy, and because of the government's "Build, Build, Build" infrastructure program.    As he made an appeal to Kuwait OFWs' sense of patriotism, the President said, "please come home."    Nevertheless, Duterte conceded that things would initially be difficult for returning workers, but matters would "straighten out" eventually.    According to the Foreign Affairs Department, there were 260,000 Filipinos working in Kuwait, with more than 65 percent of the domestic helpers.      However, The president expressed much gratitude to Kuwait for the help it provided to OFWs. He also reiterated that he had no ill will towards the Kuwaiti government, neither with its people. Nonetheless, he hoped that the Filipino workers who chose to remain in Kuwait would be treated humanely.    READ MORE: Recruiters With Delisted, Banned, Suspended, Revoked And Cancelled POEA Licenses 2018    List of Philippine Embassies And Consulates Around The World    Classic Room Mates You Probably Living With   Do Not Be Fooled By Your Recruitment Agencies, Know Your  Correct Fees    Remittance Fees To Be Imposed On Kuwait Expats Expected To Bring $230 Million Income    TESDA Provides Training For Returning OFWs   Cash Aid To Be Given To Displaced OFWs From Kuwait—OWWA    Former OFW In Dubai Now Earning P25K A Week From Her Business    Top Search Engines In The Philippines For Finding Jobs Abroad    5 Signs A Person Is Going To Be Poor And 5 Signs You Are Going To Be Rich


©2018 THOUGHTSKOTO

Are You a First Time OFW? Read These Advice

Thousands of stories of struggles of overseas Filipino workers (OFWs) have been told and re-told. In spite of this, many Filipinos still want to try their luck in a foreign land in search of a better life.
In their home country, having a decent job and adequate earnings is a struggle. Every day you need to think about paying your bills, rents, mortgage, expenditures and basic necessities. How would you survive all of these without even having a decent local job?

Many believe that the grass is always greener on the other side of the lawn but do they know what it takes to be an OFW?
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Thousands of stories of struggles of overseas Filipino workers (OFWs) have been told and re-told. In spite of this, many Filipinos still want to try their luck in a foreign land in search of a better life.  In their home country, having a decent job and adequate earnings is a struggle. Every day you need to think about paying your bills, rents, mortgage, expenditures and basic necessities. How would you survive all of these without even having a decent local job?    Many believe that the grass is always greener on the other side of the lawn but do they know what it takes to be an OFW?  Advertisement         Sponsored Links       You got to be tough An OFW named Aida said that one of the most crucial things an aspiring OFW must have in order to survive life abroad is “lakas ng loob.” Many aspiring OFWs already know how hard being an overseas worker could be based on countless accounts of OFWs or our ‘modern day heroes’. Despite this, they only realize how hard it really is once they take the first step onto foreign soil.  In moments like this, Filipino workers abroad must draw strength from within and remember the very reason they decided to fly overseas to work. Lakasan lang ang loob!   Expectations may be far from reality Carlo is a young OFW who decided to work abroad at the age of 21. Young and fresh out of college, Carlo left the Philippines full of hopes and dreams. It was only after a few years of being abroad that Carlo learned that expectations could be far from reality.  A tip from seasoned OFWs to first-timers: expect to experience failures and hardships. At the same time, expect that some of your expectations will not be met. Many OFWs have a concrete plan before flying abroad but years after stepping foot in their ‘second home’, many of them feel they are no longer in the path they envisioned themselves in years prior.  Despite this, never give up and never let go of your dreams. Through hard work and dedication, they will eventually come to fruition.  Do not trust anyone too soon Being alone in a foreign land, OFWs try their best to look for people they can trust, people who can become their second family in a foreign land. Word of advice —don’t trust too soon.  There will always be people who will take advantage of your naivety no matter where you are. Learn how to trust the right people.  Believe in yourself Jonalyn, a domestic helper, believes many people look down on OFWs. However, she said that being an OFW is both an honor and a responsibility.  For instance, being a domestic helper does not make you less of a person. Your seemingly simple cooking ability as a domestic helper, if done with dedication, could make you a chef.  Do you really want to be an OFW? Think about it thoroughly Marie said choosing to become an OFW is one of the biggest decisions in her life. An aspiring OFW should really think and re-think about deciding to work overseas. One has to deal not only physical burden. Your emotional and mental strength will also be put to the test.  READ MORE: Recruiters With Delisted, Banned, Suspended, Revoked And Cancelled POEA Licenses 2018    List of Philippine Embassies And Consulates Around The World    Classic Room Mates You Probably Living With   Do Not Be Fooled By Your Recruitment Agencies, Know Your  Correct Fees    Remittance Fees To Be Imposed On Kuwait Expats Expected To Bring $230 Million Income    TESDA Provides Training For Returning OFWs   Cash Aid To Be Given To Displaced OFWs From Kuwait—OWWA    Former OFW In Dubai Now Earning P25K A Week From Her Business    Top Search Engines In The Philippines For Finding Jobs Abroad    5 Signs A Person Is Going To Be Poor And 5 Signs You Are Going To Be Rich

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Thousands of stories of struggles of overseas Filipino workers (OFWs) have been told and re-told. In spite of this, many Filipinos still want to try their luck in a foreign land in search of a better life.  In their home country, having a decent job and adequate earnings is a struggle. Every day you need to think about paying your bills, rents, mortgage, expenditures and basic necessities. How would you survive all of these without even having a decent local job?    Many believe that the grass is always greener on the other side of the lawn but do they know what it takes to be an OFW?  Advertisement         Sponsored Links       You got to be tough An OFW named Aida said that one of the most crucial things an aspiring OFW must have in order to survive life abroad is “lakas ng loob.” Many aspiring OFWs already know how hard being an overseas worker could be based on countless accounts of OFWs or our ‘modern day heroes’. Despite this, they only realize how hard it really is once they take the first step onto foreign soil.  In moments like this, Filipino workers abroad must draw strength from within and remember the very reason they decided to fly overseas to work. Lakasan lang ang loob!   Expectations may be far from reality Carlo is a young OFW who decided to work abroad at the age of 21. Young and fresh out of college, Carlo left the Philippines full of hopes and dreams. It was only after a few years of being abroad that Carlo learned that expectations could be far from reality.  A tip from seasoned OFWs to first-timers: expect to experience failures and hardships. At the same time, expect that some of your expectations will not be met. Many OFWs have a concrete plan before flying abroad but years after stepping foot in their ‘second home’, many of them feel they are no longer in the path they envisioned themselves in years prior.  Despite this, never give up and never let go of your dreams. Through hard work and dedication, they will eventually come to fruition.  Do not trust anyone too soon Being alone in a foreign land, OFWs try their best to look for people they can trust, people who can become their second family in a foreign land. Word of advice —don’t trust too soon.  There will always be people who will take advantage of your naivety no matter where you are. Learn how to trust the right people.  Believe in yourself Jonalyn, a domestic helper, believes many people look down on OFWs. However, she said that being an OFW is both an honor and a responsibility.  For instance, being a domestic helper does not make you less of a person. Your seemingly simple cooking ability as a domestic helper, if done with dedication, could make you a chef.  Do you really want to be an OFW? Think about it thoroughly Marie said choosing to become an OFW is one of the biggest decisions in her life. An aspiring OFW should really think and re-think about deciding to work overseas. One has to deal not only physical burden. Your emotional and mental strength will also be put to the test.  READ MORE: Recruiters With Delisted, Banned, Suspended, Revoked And Cancelled POEA Licenses 2018    List of Philippine Embassies And Consulates Around The World    Classic Room Mates You Probably Living With   Do Not Be Fooled By Your Recruitment Agencies, Know Your  Correct Fees    Remittance Fees To Be Imposed On Kuwait Expats Expected To Bring $230 Million Income    TESDA Provides Training For Returning OFWs   Cash Aid To Be Given To Displaced OFWs From Kuwait—OWWA    Former OFW In Dubai Now Earning P25K A Week From Her Business    Top Search Engines In The Philippines For Finding Jobs Abroad    5 Signs A Person Is Going To Be Poor And 5 Signs You Are Going To Be Rich
You got to be tough

An OFW named Aida said that one of the most crucial things an aspiring OFW must have in order to survive life abroad is “lakas ng loob.” Many aspiring OFWs already know how hard being an overseas worker could be based on countless accounts of OFWs or our ‘modern day heroes’. Despite this, they only realize how hard it really is once they take the first step onto foreign soil.

In moments like this, Filipino workers abroad must draw strength from within and remember the very reason they decided to fly overseas to work. Lakasan lang ang loob!
Thousands of stories of struggles of overseas Filipino workers (OFWs) have been told and re-told. In spite of this, many Filipinos still want to try their luck in a foreign land in search of a better life.  In their home country, having a decent job and adequate earnings is a struggle. Every day you need to think about paying your bills, rents, mortgage, expenditures and basic necessities. How would you survive all of these without even having a decent local job?    Many believe that the grass is always greener on the other side of the lawn but do they know what it takes to be an OFW?  Advertisement         Sponsored Links       You got to be tough An OFW named Aida said that one of the most crucial things an aspiring OFW must have in order to survive life abroad is “lakas ng loob.” Many aspiring OFWs already know how hard being an overseas worker could be based on countless accounts of OFWs or our ‘modern day heroes’. Despite this, they only realize how hard it really is once they take the first step onto foreign soil.  In moments like this, Filipino workers abroad must draw strength from within and remember the very reason they decided to fly overseas to work. Lakasan lang ang loob!   Expectations may be far from reality Carlo is a young OFW who decided to work abroad at the age of 21. Young and fresh out of college, Carlo left the Philippines full of hopes and dreams. It was only after a few years of being abroad that Carlo learned that expectations could be far from reality.  A tip from seasoned OFWs to first-timers: expect to experience failures and hardships. At the same time, expect that some of your expectations will not be met. Many OFWs have a concrete plan before flying abroad but years after stepping foot in their ‘second home’, many of them feel they are no longer in the path they envisioned themselves in years prior.  Despite this, never give up and never let go of your dreams. Through hard work and dedication, they will eventually come to fruition.  Do not trust anyone too soon Being alone in a foreign land, OFWs try their best to look for people they can trust, people who can become their second family in a foreign land. Word of advice —don’t trust too soon.  There will always be people who will take advantage of your naivety no matter where you are. Learn how to trust the right people.  Believe in yourself Jonalyn, a domestic helper, believes many people look down on OFWs. However, she said that being an OFW is both an honor and a responsibility.  For instance, being a domestic helper does not make you less of a person. Your seemingly simple cooking ability as a domestic helper, if done with dedication, could make you a chef.  Do you really want to be an OFW? Think about it thoroughly Marie said choosing to become an OFW is one of the biggest decisions in her life. An aspiring OFW should really think and re-think about deciding to work overseas. One has to deal not only physical burden. Your emotional and mental strength will also be put to the test.  READ MORE: Recruiters With Delisted, Banned, Suspended, Revoked And Cancelled POEA Licenses 2018    List of Philippine Embassies And Consulates Around The World    Classic Room Mates You Probably Living With   Do Not Be Fooled By Your Recruitment Agencies, Know Your  Correct Fees    Remittance Fees To Be Imposed On Kuwait Expats Expected To Bring $230 Million Income    TESDA Provides Training For Returning OFWs   Cash Aid To Be Given To Displaced OFWs From Kuwait—OWWA    Former OFW In Dubai Now Earning P25K A Week From Her Business    Top Search Engines In The Philippines For Finding Jobs Abroad    5 Signs A Person Is Going To Be Poor And 5 Signs You Are Going To Be Rich
 Expectations may be far from reality
Carlo is a young OFW who decided to work abroad at the age of 21. Young and fresh out of college, Carlo left the Philippines full of hopes and dreams. It was only after a few years of being abroad that Carlo learned that expectations could be far from reality.

A tip from seasoned OFWs to first-timers: expect to experience failures and hardships. At the same time, expect that some of your expectations will not be met. Many OFWs have a concrete plan before flying abroad but years after stepping foot in their ‘second home’, many of them feel they are no longer in the path they envisioned themselves in years prior.

Despite this, never give up and never let go of your dreams. Through hard work and dedication, they will eventually come to fruition.
Thousands of stories of struggles of overseas Filipino workers (OFWs) have been told and re-told. In spite of this, many Filipinos still want to try their luck in a foreign land in search of a better life.  In their home country, having a decent job and adequate earnings is a struggle. Every day you need to think about paying your bills, rents, mortgage, expenditures and basic necessities. How would you survive all of these without even having a decent local job?    Many believe that the grass is always greener on the other side of the lawn but do they know what it takes to be an OFW?  Advertisement         Sponsored Links       You got to be tough An OFW named Aida said that one of the most crucial things an aspiring OFW must have in order to survive life abroad is “lakas ng loob.” Many aspiring OFWs already know how hard being an overseas worker could be based on countless accounts of OFWs or our ‘modern day heroes’. Despite this, they only realize how hard it really is once they take the first step onto foreign soil.  In moments like this, Filipino workers abroad must draw strength from within and remember the very reason they decided to fly overseas to work. Lakasan lang ang loob!   Expectations may be far from reality Carlo is a young OFW who decided to work abroad at the age of 21. Young and fresh out of college, Carlo left the Philippines full of hopes and dreams. It was only after a few years of being abroad that Carlo learned that expectations could be far from reality.  A tip from seasoned OFWs to first-timers: expect to experience failures and hardships. At the same time, expect that some of your expectations will not be met. Many OFWs have a concrete plan before flying abroad but years after stepping foot in their ‘second home’, many of them feel they are no longer in the path they envisioned themselves in years prior.  Despite this, never give up and never let go of your dreams. Through hard work and dedication, they will eventually come to fruition.  Do not trust anyone too soon Being alone in a foreign land, OFWs try their best to look for people they can trust, people who can become their second family in a foreign land. Word of advice —don’t trust too soon.  There will always be people who will take advantage of your naivety no matter where you are. Learn how to trust the right people.  Believe in yourself Jonalyn, a domestic helper, believes many people look down on OFWs. However, she said that being an OFW is both an honor and a responsibility.  For instance, being a domestic helper does not make you less of a person. Your seemingly simple cooking ability as a domestic helper, if done with dedication, could make you a chef.  Do you really want to be an OFW? Think about it thoroughly Marie said choosing to become an OFW is one of the biggest decisions in her life. An aspiring OFW should really think and re-think about deciding to work overseas. One has to deal not only physical burden. Your emotional and mental strength will also be put to the test.  READ MORE: Recruiters With Delisted, Banned, Suspended, Revoked And Cancelled POEA Licenses 2018    List of Philippine Embassies And Consulates Around The World    Classic Room Mates You Probably Living With   Do Not Be Fooled By Your Recruitment Agencies, Know Your  Correct Fees    Remittance Fees To Be Imposed On Kuwait Expats Expected To Bring $230 Million Income    TESDA Provides Training For Returning OFWs   Cash Aid To Be Given To Displaced OFWs From Kuwait—OWWA    Former OFW In Dubai Now Earning P25K A Week From Her Business    Top Search Engines In The Philippines For Finding Jobs Abroad    5 Signs A Person Is Going To Be Poor And 5 Signs You Are Going To Be Rich
Do not trust anyone too soon
Being alone in a foreign land, OFWs try their best to look for people they can trust, people who can become their second family in a foreign land. Word of advice —don’t trust too soon.

There will always be people who will take advantage of your naivety no matter where you are. Learn how to trust the right people.
Thousands of stories of struggles of overseas Filipino workers (OFWs) have been told and re-told. In spite of this, many Filipinos still want to try their luck in a foreign land in search of a better life.  In their home country, having a decent job and adequate earnings is a struggle. Every day you need to think about paying your bills, rents, mortgage, expenditures and basic necessities. How would you survive all of these without even having a decent local job?    Many believe that the grass is always greener on the other side of the lawn but do they know what it takes to be an OFW?  Advertisement         Sponsored Links       You got to be tough An OFW named Aida said that one of the most crucial things an aspiring OFW must have in order to survive life abroad is “lakas ng loob.” Many aspiring OFWs already know how hard being an overseas worker could be based on countless accounts of OFWs or our ‘modern day heroes’. Despite this, they only realize how hard it really is once they take the first step onto foreign soil.  In moments like this, Filipino workers abroad must draw strength from within and remember the very reason they decided to fly overseas to work. Lakasan lang ang loob!   Expectations may be far from reality Carlo is a young OFW who decided to work abroad at the age of 21. Young and fresh out of college, Carlo left the Philippines full of hopes and dreams. It was only after a few years of being abroad that Carlo learned that expectations could be far from reality.  A tip from seasoned OFWs to first-timers: expect to experience failures and hardships. At the same time, expect that some of your expectations will not be met. Many OFWs have a concrete plan before flying abroad but years after stepping foot in their ‘second home’, many of them feel they are no longer in the path they envisioned themselves in years prior.  Despite this, never give up and never let go of your dreams. Through hard work and dedication, they will eventually come to fruition.  Do not trust anyone too soon Being alone in a foreign land, OFWs try their best to look for people they can trust, people who can become their second family in a foreign land. Word of advice —don’t trust too soon.  There will always be people who will take advantage of your naivety no matter where you are. Learn how to trust the right people.  Believe in yourself Jonalyn, a domestic helper, believes many people look down on OFWs. However, she said that being an OFW is both an honor and a responsibility.  For instance, being a domestic helper does not make you less of a person. Your seemingly simple cooking ability as a domestic helper, if done with dedication, could make you a chef.  Do you really want to be an OFW? Think about it thoroughly Marie said choosing to become an OFW is one of the biggest decisions in her life. An aspiring OFW should really think and re-think about deciding to work overseas. One has to deal not only physical burden. Your emotional and mental strength will also be put to the test.  READ MORE: Recruiters With Delisted, Banned, Suspended, Revoked And Cancelled POEA Licenses 2018    List of Philippine Embassies And Consulates Around The World    Classic Room Mates You Probably Living With   Do Not Be Fooled By Your Recruitment Agencies, Know Your  Correct Fees    Remittance Fees To Be Imposed On Kuwait Expats Expected To Bring $230 Million Income    TESDA Provides Training For Returning OFWs   Cash Aid To Be Given To Displaced OFWs From Kuwait—OWWA    Former OFW In Dubai Now Earning P25K A Week From Her Business    Top Search Engines In The Philippines For Finding Jobs Abroad    5 Signs A Person Is Going To Be Poor And 5 Signs You Are Going To Be Rich
Believe in yourself
Jonalyn, a domestic helper, believes many people look down on OFWs. However, she said that being an OFW is both an honor and a responsibility.

For instance, being a domestic helper does not make you less of a person. Your seemingly simple cooking ability as a domestic helper, if done with dedication, could make you a chef.
Thousands of stories of struggles of overseas Filipino workers (OFWs) have been told and re-told. In spite of this, many Filipinos still want to try their luck in a foreign land in search of a better life.  In their home country, having a decent job and adequate earnings is a struggle. Every day you need to think about paying your bills, rents, mortgage, expenditures and basic necessities. How would you survive all of these without even having a decent local job?    Many believe that the grass is always greener on the other side of the lawn but do they know what it takes to be an OFW?  Advertisement         Sponsored Links       You got to be tough An OFW named Aida said that one of the most crucial things an aspiring OFW must have in order to survive life abroad is “lakas ng loob.” Many aspiring OFWs already know how hard being an overseas worker could be based on countless accounts of OFWs or our ‘modern day heroes’. Despite this, they only realize how hard it really is once they take the first step onto foreign soil.  In moments like this, Filipino workers abroad must draw strength from within and remember the very reason they decided to fly overseas to work. Lakasan lang ang loob!   Expectations may be far from reality Carlo is a young OFW who decided to work abroad at the age of 21. Young and fresh out of college, Carlo left the Philippines full of hopes and dreams. It was only after a few years of being abroad that Carlo learned that expectations could be far from reality.  A tip from seasoned OFWs to first-timers: expect to experience failures and hardships. At the same time, expect that some of your expectations will not be met. Many OFWs have a concrete plan before flying abroad but years after stepping foot in their ‘second home’, many of them feel they are no longer in the path they envisioned themselves in years prior.  Despite this, never give up and never let go of your dreams. Through hard work and dedication, they will eventually come to fruition.  Do not trust anyone too soon Being alone in a foreign land, OFWs try their best to look for people they can trust, people who can become their second family in a foreign land. Word of advice —don’t trust too soon.  There will always be people who will take advantage of your naivety no matter where you are. Learn how to trust the right people.  Believe in yourself Jonalyn, a domestic helper, believes many people look down on OFWs. However, she said that being an OFW is both an honor and a responsibility.  For instance, being a domestic helper does not make you less of a person. Your seemingly simple cooking ability as a domestic helper, if done with dedication, could make you a chef.  Do you really want to be an OFW? Think about it thoroughly Marie said choosing to become an OFW is one of the biggest decisions in her life. An aspiring OFW should really think and re-think about deciding to work overseas. One has to deal not only physical burden. Your emotional and mental strength will also be put to the test.  READ MORE: Recruiters With Delisted, Banned, Suspended, Revoked And Cancelled POEA Licenses 2018    List of Philippine Embassies And Consulates Around The World    Classic Room Mates You Probably Living With   Do Not Be Fooled By Your Recruitment Agencies, Know Your  Correct Fees    Remittance Fees To Be Imposed On Kuwait Expats Expected To Bring $230 Million Income    TESDA Provides Training For Returning OFWs   Cash Aid To Be Given To Displaced OFWs From Kuwait—OWWA    Former OFW In Dubai Now Earning P25K A Week From Her Business    Top Search Engines In The Philippines For Finding Jobs Abroad    5 Signs A Person Is Going To Be Poor And 5 Signs You Are Going To Be Rich
Do you really want to be an OFW? Think about it thoroughly
Marie said choosing to become an OFW is one of the biggest decisions in her life. An aspiring OFW should really think and re-think about deciding to work overseas. One has to deal not only physical burden. Your emotional and mental strength will also be put to the test.


©2018 THOUGHTSKOTO