Good News for OFW's

Sounds like there's an unemployment problem over there.
Still, it'll be a massive help to many potential expats.

Currently over 3 million OFW's in the USA, 1,200,000 in Saudi Arabia, 13.5 million world wide

well this is good..

Good or bad I question. I remember a time that student and work loans were good. Today I see a time when people will work till they die. And all they have and worked for will go to the Government after they die to pay the debt and bankers handling fee.  Be causious here you deal with a sharp 2 edged sword is my thought.

There was a time when domestic helpers in Hong Kong were making more than twice what public school teachers were paid in the Philippines.  The new loan should be paid off in one year, and if the worker survives the first year it is gravy after that.  I do know of some who gathered large debt trying to do this, and there are plenty of scams out there, but for many it is their only chance.

This quite interesting.... tell us where and how... and what is the qualification?

curlytops28 wrote:

This quite interesting.... tell us where and how... and what is the qualification?

Sorry, I only read about it in the newspaper, did not get any details, sounds like it is not yet law.  Good luck.