Can An OFW Open A Mutual Fund Account While Abroad?

In the past few weeks that we’ve been giving seminars to OFW’s on how to start investing in various financial instruments, a considerable number of them have signified their interest in two most popular types of pooled funds: mutual funds or UITF’s.

One expected question and concern among them was can they really open a mutual fund account in the Philippines while they are working abroad?

Recently, we answered a question as to whether OFW’s with BDO savings accounts can invest in their UITF products. This time we will be giving our OFW’s one answer with complete procedures on how they can invest in this Philippine mutual fund even if they are currently based overseas. Continue reading Can An OFW Open A Mutual Fund Account While Abroad?