Tourist beach for build business

Okieboy Serial expat

Member since 20 October 2011

OkieboySerial expat13 October 2021 20:31:43

#41

659

One must be careful when investing in this type of business, for some reason it is not easy to obtain a permit to open a resort, there are two I know of near me that have been completed 5 years ago but not yet open, I ask what is the problem and was told not able to obtain a permit, both of these resorts are owned by Filipinos, and are very nice, there must be something keeping the number of resorts at a certain level, so beware make sure all permits can be obtained before you invest

Enzyte Bob ViP

Member since 26 October 2018

Enzyte BobViP13 October 2021 23:12:46

#42

4082

Okieboy wrote:
One must be careful when investing in this type of business, for some reason it is not easy to obtain a permit to open a resort, there are two I know of near me that have been completed 5 years ago but not yet open, I ask what is the problem and was told not able to obtain a permit, both of these resorts are owned by Filipinos, and are very nice, there must be something keeping the number of resorts at a certain level, so beware make sure all permits can be obtained before you invest

Seems like that slippery slope might be cured with ample supply of grease in the right places.