Build or buy a house in Clark
Building a nice house to live in the Philippines is an attractive proposition. Language and cost are the main reasons but denigrating factors like safety and quality of life in a third-world country cast doubt on the wisdom of this choice. Those who manage to land a property in Clark Philippines retire gracefully away from the threats that other have to face living elsewhere in the country.
There are a number of locations in the Philippines that are well-kept secrets. These are called special zones, industrial zones, economic zones but the best ones are the Freeport zones. Tax and investment incentives aside (and these will be discussed later in another part of this series) these Freeport zones do not allow outright purchase of land. Long-term leases (25 to 50 years) are offered instead. This does not appeal to local residents. As a result, these Freeport zones are largely inhabited by foreigners who in turn cause the estate to acquire an international look and feel, plus a higher standard of living. Security is very tight in these zones and the infrastructures are much more advanced and integrated than in municipal cities. Clark Freeport Zone in Pampanga is one such example. Clark is a mere 60 minutes from Metro Manila along the North Expressway which brings visitors straight into Clark Freeport without going through any city traffic along the way. Complete with its own Clark International Airport DMIA which links Clark to all major cities in Asia, and thus the world, this city is fast replacing Manila as a preferred destination for multi-national companies like Samsung and Texas Instruments. Crime rate is practically negligible and so are pollution levels and traffic problems.
Find out more here.
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