Reasons Why Renting Makati Office Spaces Is Good for You
Expats looking to find a good place to start businesses or settle down for a short time in Asia will find it easier to rent a Makati office space instead of purchasing a house and lot. Before proceeding, let us clarify the previous assertion that really begs the questions: Why rent and not buy, and why should it be in Makati?
First off, accept that Philippine laws prohibit you, as an expat carrying a foreign passport, from owning any territorial land. This means you can only own a parcel of Philippine terrain if you are part of a corporate entity, wherein at least 60 percent of the corporation is Filipino-owned. This means only as a group can you purchase Philippine land. This is just the gist of it, although it would help to ask around for other technicalities that may pertain to this statute. Even owning a land through marriage or cohabitation with a local is governed by similar laws and there is really no sense in skirting the issue.
One good way is to lease land from a Filipino for a minimum 50 year contract, which then can be renewed for another quarter of decade. Going through this process will give you full control of all the infrastructures within the property and all the enhancements in it. This sounds easy but the nitty-gritty of it is not. All the same, these processes may be too complex for your own good when all you want is just to settle down quickly and proceed with building your own little business empire or family.
In this instance, leasing a lot rather than buying requires you to be less committed to the purchase. This means you are not making a huge investment in terms of mortgages or savings losses. Further, renting your place enables you to get to know your neighbors and the culture first before making long term decisions. Communities, wherever you go, are changing fast as well and you certainly don’t want to be caught in a situation where you can’t decide on your feet.
So what you do is to find a middle man or a third-party agency to help you find a Makati office space, which should lie in the center of all the country’s metro area. The business capital of the nation, the city has pockets of cosmopolitan areas where you can easily fit in when you begin to get a little homesick. It is likewise connected to the rest of the nation via land, air, and sea. It also hosts many commercial establishments, government offices, and medical care facilities.
Your guy should be able to find you a place near the fringes of the best expensive residential villages. Having a place in the parameters of such residential zones lets you enjoy some conveniences including being part of water and electricity grids that don’t usually get cut. You can be sure that laundry services, bill payment centers, and other utilities are nearby. Law enforcement people are more visible in these areas as well.
There are many advantages why you should rent instead of buying a land and why you should choose Makati. For one, Makati office space rentals can be haggled down to low levels, despite them being already lesser than those in Hong Kong and Singapore. Go online now and ask how you can rent a Makati office space before someone else gets that prime address.
Amanda Lorenzo plans to rent Makati office space to start an online NGO. Having a Makati office space space address, she has been advised, will help increase the future organization’s visibility in social circles.
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