Is it a brick and mortar business?
Many businesses operate without everything being 100% official and by the book as long as they fly under the radar. Maybe not the best solution long term, but might be an option to test the market until everything has been figured out.
Then when/if everything needs to be legit, you can follow calwinston's advice. There are many successful foreign owned businesses, but they often take considerable research and capital to set up properly. Don't forget PLDT is de facto fully foreign owned.
You can live in the Philippines permanently on a tourist visa as long as you do a visa run every couple years. Not sure if the limit is 18 or 36 months right now.
Many businesses operate without everything being 100% official and by the book as long as they fly under the radar. Maybe not the best solution long term, but might be an option to test the market until everything has been figured out.
Then when/if everything needs to be legit, you can follow calwinston's advice. There are many successful foreign owned businesses, but they often take considerable research and capital to set up properly. Don't forget PLDT is de facto fully foreign owned.
You can live in the Philippines permanently on a tourist visa as long as you do a visa run every couple years. Not sure if the limit is 18 or 36 months right now.