Thanks for the update. A $70K condo might be good just as an investment if Manila is an upcoming place - the other thing is (not sure about the laws there) but could maybe buy and rent it out. That way you could keep it, get an income from it and then hopefully (if you don't need it yourself) you could sell it in a few years for a good profit. My brother did that with a small flat in London when he moved to Canada (I know it's a little different) but the principle is similar.
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Yes i agree with you, that's what i got in mind like a long term investment to rent out.