The Global Phoenix - Issue 4 The Global Phoenix - Issue 4 | Page 37

9. What changes do you project over the
next 5 years? 10. How would you sell the Philippines as a
destination?
The present government has deployed an
aggressive program for the term they are in
power, including: Based on GDP growth, the Philippines is one of
the most progressive countries in Asia, and is
expected to lead Asian Economics by 2050.
• Elimination of corruption in government
offices.
• Drug-free society and enforcement of law
& order throughout the country.
• Strong improvement in transport
infrastructure to ease the pressures on
traffic.
• New tax measures which will bring up the
minimum income to higher levels. The Philippines ranked 14th among 41
countries in an international survey listing best
places for expatriates to raise a family.
On the negative side, the new proposed
Tax Reform recommends amendments to
tax incentives presently offered to Regional
Operational HQ of Multinationals, which
could well lead to a decline in Multinational
investment in the country.
In the InterNations 2015 Family Life Index,
the Philippines trailed countries like Mexico,
Canada, United Kingdom, China, Thailand,
South Korea, Italy, Indonesia, Hong Kong,
Malaysia, Saudi Arabia, and the United States,
among others.
The Family Life Index ranked countries
according to expatriate parents’ response to
various subcategories. The Philippines ranked
7th in availability of childcare and education,
5th in cost of childcare and education, and 26th
in family wellbeing.
About the interviewee:
Vedit Kurangil is Managing Director of Santa Fe Philippines Office. He is
working in his 10th year with Santa Fe, following 40+ years of experience in
International Relocation and Mobility Support.
www.theglobalphoenix.org
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