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Wednesday, November 6, 2024

OFWs asked to invest in real estate

One of the more seriously affected sectors amid the pandemic are the overseas Filipino workers, long acknowledged as the economic heroes of the country. OFWs, estimated at 2.566 million, are responsible for $20.38 billion worth of remittances in the first nine months of 2021, an important lifeline in a developing country such as the Philippines.

OFWs asked to invest in real estate
OFWs benefit from the expertise and experience of special guest speaker Marissa del Mar.

While global travel restrictions impede long-planned homecoming events, OFWs are being encouraged to direct their energies towards a positive goal: achieving and sustaining financial health. Many are now learning that they can provide for their families—and contribute to the Philippine economy—even as they go from being spenders to being savers and investors.

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OFWs are now looking at real estate investments as the best way to achieve financial stability. Property developer Bria Homes is right there with them as the company sponsors important free webinars that aim to help them attain financial literacy and secure their families’ future. These highly-informative lessons in financial planning include teaching OFWs to be more responsible and use discipline to keep track of their medium- and long-term financial goals.

On Nov. 20, Bria Homes hosted the first of these webinars. The first episode titled Kabayan, Why Should You Invest in Real Estate allowed OFWs to listen to the expertise and experience of special guest speaker Marissa del Mar, chair-emerita and chairwoman of the board of advisers for National Real Estate Association and president of the One Filipino Worldwide Partylist, which lobbies for OFW rights. Del Mar enlightened participants on what makes real estate a financially-rewarding investment option, and how to maximize such investments for the future.

“I am honored to have been part of Bria Homes’ historic webinar for our kababayang OFWs,” said del Mar. “It was a defining moment for both participants and me, as I have both a compelling love for serving the OFW sector, as well as a deep-seated passion for real estate investment. I am grateful for the opportunity to share my insights with our economic heroes so they can attain the financial constancy they deserve.”

Bria Homes then hosted the second webinar in partnership with AllBank on Nov. 27, featuring Vic Garcia, president and executive director of AllBank as guest speaker. Garcia taught participating OFWs how to apply for home loans in the Philippines and facilitate procedures for homeownership.

These webinars may be viewed at any time on Bria’s official Facebook and YouTube.

Bria Homes will continue to host webinars to encourage OFWs to invest in real estate and develop wiser spending habits by ‘shopping smart’ for the holidays.  Bria Homes offers a portfolio of horizontal and vertical developments that are strategically located in 50 towns and cities across the country.

The developer assures prospective homeowners of its competent property management available 24/7, safe and secure communities, proper hygiene and sanitation measures, proximity to key destinations and essential services, reliable internet connections, and digitalized and cashless transactions in all its enclaves.

Bria house-and-lot units may be purchased through flexible payment options like the Pag-IBIG Housing loan, rent-to-own plans, and loans from partner banks. Online reservations may also be done through the official Bria reservation page.

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