Passive Income Philippines 2022: Welcome to our official passive income guide for the Philippines. Throughout this article, we will be covering what passive income is in the Philippines (AKA passive income Philippines meaning) and how to earn passive income in the Philippines.
Additionally, we will also cover seven passive income examples, including some of the latest techniques on how entrepreneurs earn passive income.
7 Passive Income Philippines Examples
1. Cryptocurrency Staking
Cryptocurrency staking is perhaps one of the hottest investments globally, and some suggest it will be a very popular passive income in the Philippines in the near future.
But one question you may ask is, what is cryptocurrency staking? Coinbase sums staking up in just a few simple sentences…
Staking is the process of actively participating in transaction validation (similar to mining) on a proof-of-stake (PoS) blockchain. Anyone with a minimum-required balance of a specific cryptocurrency can validate transactions and earn Staking rewards on these blockchains.- Coinbase
Most simply, some cryptocurrencies operate a proof of stake technique instead of proof of work (mining); therefore, if you have cryptocurrency, you could invest it into a staking pool, allowing you to earn passive income/rewards on your cryptocurrency.
Just like every passive income in the Philippines, there is an element of risk, and cryptocurrency is sometimes seen as one of the highest types of risks in our modern-day investment world.
How to start staking? There are many different platforms, such as Uniswap, Polkadot. Still, my personal favorite is CakeDEFI. I think the application form for CakeDEFI is long, but the fees are low, and the rewards are high. I have seen high passive income over the last several months compared to other staking marketplaces.
2. Online Content Such As Courses
When researching what is passive income in the Philippines, you may come across a very popular type of passive income, such as online material and infographics.
For example, you have made fantastic progress on platforms such as YouTube, such as increasing your view count and subscriber rate very quickly and effectively…. you may then decide to teach others your method, allowing you to produce passive income in the Philippines.
Courses are one type of online content that can be sold and turned into passive income, but there are many different types of other content models such as ebooks, premium content, etc.
The most important thing is that you either have a large audience or market your product effectively.
Once you have your content turned into passive income, it’s now time to make your asset available. This can be done through a Patreon account or by using other platforms such as teachable. However, if you feel confident, you can also sell your content from your website.
There are many different types of passive income in the Philippines that revolve around this business model. However, those products that often succeed are products with real genuine value tailored initially with an enticing marketing strategy.
3. Blogging & Youtubing Advertisement
Finally, we have got to my favorite one! Just kidding, but as you can imagine, I love to talk about this subject because it is one of my passive incomes.
One big misconception is that blogging and YouTubing are dead in the Philippines. This is not the case, but competition is getting more challenging, so it’s always vital to focus on a niche rather than cover general topics and become an innovator.
In other words, be different in your delivery and content.
A common question is how much can you earn blogging and YouTubing in the Philippines. We have spoken about this question in a full article, but to summarise, based on 1000 views, a Filipino YouTube channel can earn anywhere between $2-$5 per month.
This amount can change depending on many factors. For example, one factor could be the location of your audience; another factor is whether ads are skipped or watched to the end.
Based on the lowest rate of $2. if your YouTube channel received 100,000 views each month (total views across your whole channel), you could earn $200, which is approximately 9600 pesos each month.
Some people see blogging and YouTubing as a semi-passive income in the Philippines. This is because work is involved. For example, to continue to grow your channel, you will need to maintain uploading content; however, once your content is up, you can start to generate an income passively.
4. Vending Machine Income
We have spoken in great detail about setting up a vending machine business in the Philippines, which is a super exciting business for some entrepreneurs. But not only can it be an exciting business, but it can also be a great source of passive income.
When we look at how to earn passive income in the Philippines and apply it to vending machines, we develop a somewhat unique opportunity.
Vending machines can be set up in many different areas. If you own a business or land and there are people in this area, then starting a vending machine business/investment with the hopes of passive income in the Philippines might be a good idea.
When looking at this passive income example, there are a few rules to follow to increase the likelihood of success. One of these rules is to station your vending machine in an area with sufficient surveillance and security.
5. Fiat Lending And/Or Crypto Lending
Fiat lending (USD, PHP, GBP, EUR – Often referred to as Peer-To-Peer) and cryptocurrency lending is another popular passive income idea in the Philippines but carries a high level of risk.
Lending Pesos, U.S. dollars, or any other currency has been around for many years. Still, cryptocurrency lending is a new and fresh topic that is starting to make traction globally.
Cryptocurrency is becoming more popular than traditional fiat lending because some cryptocurrency marketplaces have introduced collateral. In addition, some marketplaces are looking to split collateral with investors if payment has not been made, but this is still an ongoing debate at the time of writing.
How to start lending Fiat and cryptocurrency? The great news is that there is a marketplace that allows investors to earn money passively from Fiat lending and lending cryptocurrency….
…The platform’s name is Binance and is one of the biggest and most popular platforms worldwide. One of the reasons many choose Binance to start earning passive income Philippines is because they operate many different types of investments and have hundreds of different online tutorials.
There are also other options for lending. Yahoo released an article covering different peer-to-peer lending companies in the Philippines, including Vidalia Lending, Kiva, Blend.PH and others. As always, it’s highly recommended to speak to an independent financial advisor before investing in any passive income in the Philippines.
6. Flipping Online Real Estate
One of the first questions you may be asking is what exactly is online real estate, and how can you make passive income from selling online assets?
Online real estate is often used when speaking about domains. In addition, it is often used interchangeably when speaking about websites, blogs, social media pages, and any other type of online content.
This has made our list of passive income examples in the Philippines because there is value in online assets, and depending on the assets in question, you may be able to turn flipping into a source of monthly cash flow.
Flipping is the process of selling something for a higher price than you purchased it for. This is very common in website domains, but many entrepreneurs have flipped social media pages, blogs, and other online content in our modern times.
Flippa.com is a great place to start investigating this passive income as it is the leading marketplace for buying and selling online content. Additionally, Flippa also releases weekly blogs covering online assets in much more detail. This is especially valuable if you are looking at how to earn passive income in the Philippines.
7. App Development
Whether you have an iPhone or an Android, the chances are you’ll have many different apps that you do not need but have downloaded. I am guilty of this, especially when it comes to online games that I like to play. But the point is that there are opportunities to earn passive income through app development.
Even though this passive income example in the Philippines is a tried and tested method, it is not always the easiest. It requires a degree of technical and coding experience in many cases.
Google has a step-by-step guide on releasing an app on their Google store. Apple also has a very similar article, and it’s important to note certain restrictions that may be applicable to adding developers.
On the other side of the coin, if you have released an application that meets all the terms and conditions, the excellent news is there are a few different ways to earn money passively in the Philippines from an app.
The most common method is through advertising, but other methods of earning passive income, such as a premium version of the application or purchasing coins or other valuable items in the application.
When we look at passive income Philippines meaning, we must also look at semi-passive opportunities in the Philippines. Some of these are listed below; however, here is a quick definition of semi-passive incomes in the Philippines.
Semi-passive incomes are incomes involving little maintenance. Many types of businesses and investments fall under the semi-passive income category as often some tasks need to occur to generate additional cash flow.
In other words, when we look at what passive income is in the Philippines, we can break different types of passive income into different groups. For example, some passive income requires little to no work, and other passive income in the Philippines requires weekly or daily maintenance.
When looking at different passive income examples in the Philippines (more on this below), it’s always a good idea to analyze your current lifestyle and schedule to determine which passive income would be more suitable for you.
What Is Passive Income In The Philippines – Passive Income Philippines Meaning
Most straightforwardly, passive income is an income received without any work and/or personal involvement. So, for example, if you were to invest in the Philippine Stock Exchange, you may incur passive income (extra money) on your investment which you could reinvest or sell.
In the example above, the only task that would have been needed is the purchase of stocks. However, there is some passive income in the Philippines that requires involvement, leading to earning passive income in the near future. An example of this would be earning passive income from a YouTube channel.
Passive income is earnings derived from a rental property, limited partnership, or other enterprises in which a person is not actively involved. As with active income, passive income is usually taxable. – Iinvestopedia.com
How To Earn Passive Income Philippines
The process of how to earn passive income in the Philippines depends on the individual’s passive income vehicle. Therefore, the first stage on how to earn passive income is deciding on what passive income in the Philippines you wish to focus on.
Once you have decided (we will give some passive income examples for the Philippines below), you can start looking into how to purchase or start passive income.
When looking at how to earn passive income in the Philippines, many people believe that you need to have millions of pesos to earn passive income each month, but this is not the case. In many cases, Filipino entrepreneurs have earned passive income from less than 1000 pesos.
The downside is that the time scale is often very long. For example, if you are looking to passively earn 20,000 pesos each month, it may take several years to build up a passive income stream that will generate 20,000 pesos.
For example, this website earns me many pesos each month; however, I did not even receive 100 pesos in the first year of blogging. As the years passed, I increased my content and audience, and I’m now earning passive income in the Philippines.
You may be still wondering how to earn passive income in the Philippines as we have just covered a few general areas, so let’s look at some passive income examples for the Philippines.
The Truth About Passive Income In The Philippines
There are a few things to consider when looking to start passive income in the Philippines, and the 1st is the most obvious and the most important, and that is to stay away and be vigilant of any possible scams. In most cases, if something sounds too good to be true, it is typically.
The boring news is that significant sums of income that are earned passively usually take a long time. But, unfortunately, not everybody wants to get rich slowly, which is why scams are so successful as they prey on the vulnerable.
As mentioned, passive income in the Philippines is not always exciting. It is a slow process, but through compounding, you could see your net worth increase, and as the years pass, compounding will be more visible.
This is not to say in any way that you cannot earn passive income quickly because, in some cases, you can, but in many cases, it can take many years to build up your portfolio. Therefore, if you are interested in how to earn passive income in the Philippines and wish for additional passive income ideas, then visit our simple guide for more examples.
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