With an area of only about 300,000 km2 and a population of more than 98 million to date, the Philippines could be likened to a huge can of sardines which could only allot around 3 square meters of individual space per person. That is, if all of us are actually inhabiting the country.
However, ask a young Filipino what he or she plans to do in the future are and chances are, one of them is to go abroad. You can look in the most remote of barrios in the Philippines and you would find huge houses. With no apparent source of income because of lack of employment opportunities in the area, how would these people afford to build houses like that? The answer is simple. At least one of its family members is working abroad.
The Philippines is a very beautiful country. This is evident enough in the fact that one of the major income generators of our country is tourism. So why do more and more Filipinos want to work abroad?
There are many factors, actually. The first one involves three words: FOREIGN EXCHANGE RATE.
For example, a “kasambahay” or a household helper would normally earn around Php 2,000.00 to Php 3,500.00 per month here in the Philippines. If they go abroad, the value would be much higher because the Philippine Peso’s value in foreign exchange is low. So even if Filipino domestic helpers would only go to Thailand, the same value in Thai Baht which is at a ratio of 1.00 Baht : Php 3.00 would go a long way. A domestic helper earning Php 3,500.00 per month here in the Philippines would be able to send home Php 10,500.00 – a wage rate that is comparable to a salary rate for jobs that require a university degree.
So imagine if the Pinay domestic helper would go to Italy – 1 Euro is equivalent to Php 60.79. And this is the reason why even if people would only go abroad to do blue-collared jobs, they mostly end up getting rich and being successful upon return to the Philippines.
This is also the reason why there occurs a