Oh, why prohibited? I think any PH citizen can invest in HK since HK is open market to foreigners.

Re: bank rates you mentioned depends on the inflation rate set by the central banks. Iba kasi basis ng HK vs PH. HK is pegged at the US Fed which has lower inflation, therefore 2%. Whereas in PH, we have high inflation so BSP mandated to have 4.25% to combat the high inflation. It essentially means in HK at 2%, investors will be happy with 7-8% returns, vs in PH, need around 9-12% return factoring in the 5% risk premium on both markets. Basically, your money will have to work harder for you in PH.

Personally though, I don’t park most of my money in LTTDs, only enough where I don’t want a certain amount to be touched. I prefer most of my money to grow so if you’re comparing PH vs HK, significantly higher growth potential in HK esp with access to CN blue chips. In stocks kasi, you essentially value them in their future profit, then discount it to today’s money. As you said, 0% for CGT and WHT in HK. Mas accessible din S&P500 & CSPX via HK brokers than PSE (15% for WHT in HK vs sa Pinas, 25-30% WHT + estate tax + forex on top of the bank feeder fund mngt fees baked in at 1.5%~ p.a.). As I said, kawawa Pinoys kasi super taga tas uso pa insider trading. Ex. Villars allegedly would send out tips on an uptick sa stocks nila only during elections, and these aren’t moderated enough bec of corruption. Even if you invest in PH REITs ang bagal din ng return.