At some point in our lives, we’ve probably dreamed of earning money without doing anything, right?
After all, who doesn’t want to live like that? We all know people who seem to earn a lot of money even while sleeping. They’re earning passive income in the Philippines and living the good life.
But what exactly is the meaning of passive income? As from the word passive, it’s the income you get from doing things that require little to no effort at all. It’s different from active income where you get paid as you work.
If you want to earn passively too but don’t know how to start, it’s a great thing that you’re in this blog post! This is because I’ve listed down 38 passive income ideas in the Philippines.
Without further ado, let’s dive right into it!
Online Business Ideas for Passive Income Philippines
Nowadays, a lot people earn money online. Most of them don’t even require a lot of effort to maintain unlike a traditional business. Because of this, I’ve listed down the best online business ideas for passive income in the Philippines.
1. Blog/Vlog
Money Needed to Start: Blog (Min. ₱500), Vlog (₱0)
Time it takes to Start Earning: Blog (6-12 months), Vlog (When the criteria have been met)
Things You Need to Start: Laptop/Computer and Internet Connection
Potential Passive Income: YouTube (Around $18/1,000 ad views), Blog (₱5,000+/monthly)
These days, who doesn’t have a YouTube channel right? One of the best ways to earn online today is through YouTube. But here’s the problem – it’s not easy.
You’ll need a lot of motivation, unique content and consistency, and this is just the minimum! But if you think you can handle these, then by all means start one now!
When you look at Jamill, it seemed like they took the world by storm. Now earning millions, a month, it’s surprising that they actually started since 2016. They just started to get traction in 2019 and since then, their videos always get a minimum million views nowadays.
Creating videos might sound like the perfect way to earn passive income in the Philippines for extroverts. But for introverts like me, this isn’t an option.
Thankfully, there are still many people who read blogs! I’ve created the Pesohacks blog in 2018 and it has just recently given me passive income every month. Though it’s still small, it will only get bigger as time goes on.
If you also want to earn money through blogging, I suggest you start right away because this is a long game.
2. Sell information products
Money Needed to Start: ₱0
Time it takes to Start Earning: Immediately
Things You Need to Start: Laptop/computer, internet connection, camera, website/platform/social media accounts
Potential Passive Income: Upwards of ₱1,000/month
If you have a valuable skill or knowledge, why not teach people and earn at the same time? Nowadays, you can sell a lot of information products on the internet alone.
You just need to have some skills, experience and the ability to teach people. The more in-demand your knowledge/skill is, the more people will pay for you to teach them.
If you don’t know what information product to sell, here are some ideas:
- Online courses
- eBooks
- Software
- Apps
- Audio
- Podcast
3. Buy and sell websites
Money Needed to Start: Minimum ₱1,000
Time it takes to Start Earning: Immediately
Things You Need to Start: Laptop/computer, internet connection, debit/credit card
Potential Passive Income: $0 – $5000+/month
You’ve probably heard of buying and selling cars, clothes and various items. But did you know that you can also make passive income in the Philippines by flipping websites?
If you know how to spot a good website to buy and sell, then you can potentially earn a lot of money monthly! There are a lot of people willing to pay good money for good websites.
Here are the best websites for website flipping:
- Flippa
- Afternic
- Freemarket
4. Affiliate Marketing
Money Needed to Start: ₱0
Time it takes to Start Earning: Immediately
Things You Need to Start: Laptop/computer, internet connection, website/social media accounts, YouTube channel
Potential Passive Income: Average 30% of the product/service you’re promoting
Have you ever promoted or shared your friend/family’s business on social media? If so, you’ve already done affiliate marketing!
Well, at least you have the general idea of what this is now if you do. In the business world, affiliate marketing is a way for people to earn money by promoting products/services to their audience.
Basically, you get a commission for every referral/sale that you can make. Personally, I’ve earned thousands from affiliate commissions from this blog through Canva among others. Because of this, I know that you can earn a lot here especially if you have an engaged audience.
5. Create apps
Money Needed to Start: Google Play Store ($25 fee), Apple Play Store ($99/annual), Minimum $25 subscription to app creation site
Time it takes to Start Earning: 1+ month
Things You Need to Start: Laptop/computer, internet connection, subscription to an app creation website/an app programmer
Potential Passive Income: Thousands of dollars per month
As an online freelancer, I once had a client where I wrote articles mainly for his apps in the Google Play Store. What shocked me the most was that he didn’t even know how to create apps. He just utilized some cheap app building websites such as GoodBarber and AppsZero and he’s making thousands of dollars per month!
If you thought that he must have some hit games or unique to earn this much – he doesn’t. His apps mainly consist just of information ones that you can easily find everywhere on the internet. He just hires writers like me to help him write these and compile it.
You see, you don’t need to wait for the next best idea to start making passive income here. He told me that you just need to make what people are searching. Search for keywords that people are typing into the app store/Play Store and create an app that can satisfy their needs.
If you’re curious as to what apps he’s made, here are they.
6. Sell photos online
Money Needed to Start: ₱0
Time it takes to Start Earning: Immediately
Things You Need to Start: Laptop/computer, internet connection, digital camera, image-editing software
Potential Passive Income: $0.25-$0.45 per image
If you have a passion for photography, why not use it to earn passive income in the Philippines? There’s a lot of demand for stock photos nowadays especially since more and more businesses are going online.
Of course, the more unique and high quality your photos are, the more you can earn in here!
Here are the best sites where you can sell your photos:
- Adobe Stock
- Shutterstock
- Etsy
- 500px
- Alamy
7. Sell your videos
Money Needed to Start: ₱0
Time it takes to Start Earning: Immediately
Things You Need to Start: Laptop/computer, internet connection, digital camera, video editing software
Potential Passive Income: Hundreds of dollars per month or more
Similar to selling photos online, you can also sell stock videos to various websites. The income you can generate here depends on the type and number of videos you sell as well as the niche.
However, you can certainly earn money here without doing a lot! Most importantly, you can also sell online courses, tutorials or other videos other than stock if you like.
Here are the best websites where you can sell your videos:
- Uscreen
- Udemy
- Teachable
- Amazon Video Direct
- Skillshare
8. Outsourcing
Money Needed to Start: ₱0
Time it takes to Start Earning: Immediately
Things You Need to Start: Laptop/computer, internet connection,
Potential Passive Income: ₱1,000+/month
If you’re an online freelancer like me, you can maximize your time to make more money! If you want to earn some passive income online, you just need to learn to outsource.
The way this works is that you delegate some tasks to other freelancers. I’ve tried outsourcing before when I couldn’t handle all the articles assigned to me. But take note that I still paid the freelancers I hired an acceptable rate per article.
With this, I’ve earned some extra thousands per month on top of my freelance work. Just make sure that you screen the freelancers you hire so you won’t have any problems.
9. Online Selling/Dropshipping
Money Needed to Start: Around ₱5,000
Time it takes to Start Earning: Immediately
Things You Need to Start: Laptop/computer, internet connection,
Potential Passive Income: ₱10,000+/month
During the pandemic, we’ve been forced to stay at our homes and look for new ways to earn money. A great way to make extra income online in the Philippines is by online selling. Plenty of Pinoys have been doing this before but their numbers ballooned when the pandemic started.
Depending on your products and how many you can sell, you can potentially earn thousands per month just by selling online. But did you know that there’s another way to sell online without making or having the product yourself?
It’s called dropshipping. You’re basically just a middle man in here. The way this works is that you’ll find products that you’re going to promote on your website and socials. Then, when a customer orders from you, you’ll order from your supplier and they’ll ship them directly to the customer.
This way, you don’t have to touch any product at all! You’re just in charge of marketing your products. If you didn’t know, plenty of Pinoys have already made millions just doing this.
Join these helpful Facebook groups to help you start dropshipping:
- Fast Delivery Dropshipping Suppliers
- Philippines E-Commerce & Dropshipping Community
- Dropshipping Suppliers – Local & International
10. Dropservicing
Money Needed to Start: Less than ₱1,500
Time it takes to Start Earning: Immediately
Things You Need to Start: Laptop/computer, internet connection, a website
Potential Passive Income: ₱5,000+/month
If you don’t want to sell products, why not try selling services instead? So, instead of dropshipping, dropservicing is a way to sell services without doing them yourself.
The way this works is similar to dropshipping – the only difference is that you’ll sell services this time. Typically, you’ll sell freelancing services such as the following:
- Web design
- Content writing
- Digital marketing
- FB Ads
- SEO
- Lead generation
- And more!
You just need to promote these services on your website and social media accounts. But to take it to the next level, you can use Google and Facebook ads to reach more potential clients.
Then, you’ll just need to find reliable freelancers to do the job for you on top sites such as UpWork, Fiverr, Onlinejobs.ph, and Freeeup. Of course, you’ll need to charge a bit higher to profit in here. But generally, you’ll need to find affordable freelancers that provide high-quality services.
11. Use Shopback
Money Needed to Start: ₱0
Time it takes to Start Earning: Immediately
Things You Need to Start: Smartphone, internet connection, Shopback app
Potential Passive Income: Up to 30% cashback/purchase, ₱100 per invite
If you want to make extra income in the Philippines with just your smartphone, then this app is perfect for you! Shopback is a rewards app that gives you cash back every time you shop online using the app!
The higher the price of the item you buy, the more you can earn! This is perfect for you if you’re always shopping online as is the case with millions of Pinoys.
Aside from that, you can earn from inviting your friends and family to register in the app! Each successful invite gives you and your friend P100!
Get your P100 bonus now when you create an account in Shopback using my link!
12. Live Streaming
Money Needed to Start: ₱0
Time it takes to Start Earning: After several months
Things You Need to Start: Smartphone, internet connection, Computer/laptop, microphone/headset with mic
Potential Passive Income: More than ₱5,000/month
If you have a passion for making people laugh or for making enjoyable content, why not try live streaming?
Millions of people worldwide make money here by just sitting on their computer doing things they love such as gaming, selling, webinars and more.
Popular Filipino gaming streamer Edgar Dumali (Choox) is now earning hundreds of thousands per month. He is known for his funny commentaries playing Mobile Legends. Now, he has earned enough to put up a huge house.
If you have a talent for gaming or entertaining why not share it online?
13. Facebook Pages
Money Needed to Start: ₱0
Time it takes to Start Earning: After a month or two
Things You Need to Start: Computer/laptop/smartphone, internet connection, Facebook page/s
Potential Passive Income: Unlimited
Filipinos are at the top 10 list of the most number of users who use Facebook with over 71 million. But did you know that there are a lot of passive income opportunities through Facebook?
Since a lot of us are already familiar with Facebook, this topic will be easy to discuss. You just need a Facebook page to start earning! Here are the different monetization tools that Facebook currently offers:
- Instant Articles
- In-stream Ads
- Fan Subscriptions
- Stars
- Paid Online Events
- Brand Collaborations
If you’re focused and determined, it’s not impossible to make thousands and even millions per month here like the one I saw. Join this group if you want to have free support: Facebook Ad Breaks Monetization (Philippines Group)
14. Print on Demand
Money Needed to Start: ₱0
Time it takes to Start Earning: Immediately
Things You Need to Start: Computer/laptop/smartphone, internet connection, Account on print on demand websites
Potential Passive Income: 10%-40% profit margin average per product sold
The trend of not needing products on hand continues in print on demand! Here, you just need to create your own designs that you can put in various products such as shirts, mugs, bags, and more.
You don’t need any products on hand as the website will automatically ship the products that the customer ordered to them. You’re just in charge of design and marketing your products.
As this is a popular way to earn passive income online, you can cater to international as well as local customers. A lot of Pinoys are earning passive income in the Philippines without all the hassle through this method.
With that said, here are the most popular and reliable websites you can apply to start your print on demand business:
International
- Redbubble
- Teespring
- Zazzle
- TeePublic
- Bonfire
Local
- Shirt.ly
- Merchiful
- Transferit
Money Needed to Start: ₱0
Time it takes to Start Earning: After several months or years
Things You Need to Start: Computer/laptop/smartphone, internet connection, social media accounts
Potential Passive Income: Unlimited
Nowadays, the term social media influencer is being used a lot. But what does this really mean? In simple terms, these are people who have built a following and reputation because of their knowledge and expertise on a topic.
Contrary to popular belief, you don’t need a certain number of followers to be considered an influencer. Rather, it’s your impact on your audience and people.
Because of your “influence”, you can make passive income in the Philippines without doing a lot. Here are some of the most popular ways you can make money as an influencer:
1. Produce content (Videos, blogs)
2. Sponsored posts
3. Becoming a brand ambassador
4. Affiliate Marketing
5. Create your own products/services
16. Resell items on eBay
Money Needed to Start: ₱1,000
Time it takes to Start Earning: In weeks
Things You Need to Start: Computer/laptop/smartphone, internet connection, eBay account
Potential Passive Income: ₱1,000
There are a lot of items that you can find or cheap on eBay. You can then try to buy and sell these for a profit!
But to be successful here, you’ll need to see which items are trending and verify the items first.
17. Email marketing
Money Needed to Start: ₱0
Time it takes to Start Earning: Around several months
Things You Need to Start: Computer/laptop/smartphone, internet connection, email subscription service
Potential Passive Income: Depends on the products/services you offer
If you have a business whether online or offline, you can generate a lot of income from email marketing.
If you didn’t know, email marketing is just what it is – sending emails to promote your products/services. But this is just the basic definition. If you know what you’re doing, you can generate a lot of sales by sending out emails!
Investments that Generate Passive Income Philippines
If you don’t have a lot of time but you have some extra money to spare, these investments are the perfect passive income ideas for you! Here, you just need to know what you’re getting into before investing. I’ve compiled all the best investments for Pinoys here.
18. Pag-IBIG MP2
Money Needed to Start: Minimum of ₱500/remittance
Time it takes to Start Earning: In a year
Things You Need to Start: Pag-IBIG Fund membership, money
Potential Passive Income: Average MP2 dividend rate is at 7.65%
The Pag-IBIG MP2 savings program is a voluntary platform for members to save. This is one of the most secure and of the highest yielding savings program in any government agency. This is why in the past years, there are more and more people investing in here.
The average interest rate for MP2 is at 7.65% for the past 3 years (2016-2018). But your savings will only have a 5-year maturity. After that, you can re-invest your earnings.
But the best thing about this savings program is that it’s government-guaranteed and there’s no limit to how much you can save!
19. Stocks
Money Needed to Start: Minimum of ₱1,000 (Col Financial)
Time it takes to Start Earning: Depends on when you want to sell your stocks
Things You Need to Start: Stock broker/platform, money
Potential Passive Income: Average of 12% per year
Investing in the stock market remains one of the best ways to earn passive income in the Philippines. Although there’s a higher risk in here than just parking your money in banks, it can also give great rewards.
Whether you decide to become a trader or a long-time investor, you’ll need to do your research. It’s always safe to just invest for a long time for your retirement. But you should only invest in blue-chip stocks to minimize the risks if you’re going this route.
To help you, here are the best websites where you can start investing in the Philippines stock market:
- First Metro Securities
- COL Financial
- BDO Nomura
- BPI Trade
- Philstocks
20. Bonds
Money Needed to Start: Minimum of ₱5,000 (Bonds.ph)
Time it takes to Start Earning: Usually lasts 2 years
Things You Need to Start: money, broker/platform
Potential Passive Income: Average of 3% – 8% interest rates
If you have extra cash lying around, it might be a wise idea to invest it in bonds. Bonds are a type of investment that represents a loan by an institution/government to an investor.
Bonds are one of the best ways to earn passive income in the Philippines since they are less risky than stocks. The way you earn here is through interest rates. Obviously, the longer the term and the more money you lend, the more you can earn.
You can invest in bonds through private institutions such as banks in the Philippines. Or you can invest in government bonds. Thankfully, you can now invest through an app called Bonds.ph which makes the process as simple as possible.
21. UITF (Unit Investment Trust Funds)
Money Needed to Start: Minimum of ₱1,000
Time it takes to Start Earning: Minimum1 year
Things You Need to Start: money, broker/platform
Potential Passive Income: 4% up
Unit Investment Trust Funds or UITFs basically consists of different investments such as Money Market Funds, Bonds, Balanced Funds and Stocks. Unit Fund managers are the ones who will manage your investments so you don’t have to.
Because of this, many investors choose this type of investment especially those that don’t have the time to manage their investments. However, it’s worth noting that the potential income here varies widely across different institutions.
22. Cooperatives
Money Needed to Start: As low as ₱1,000
Time it takes to Start Earning: In 1 year
Things You Need to Start: money, a cooperative to invest in
Potential Passive Income: Average of 7% (SEDPI)
Cooperatives are enterprises that are created for the people of a community to create a livelihood. Because of this, coop members make contributions to establish the enterprise.
Back then, you can only invest in cooperatives in your area and you need to do it in person. But nowadays, you can invest in cooperatives online! Thanks to Social Enterprise Development Partnerships, Inc. (SEDPI), you can now do so. For as low as ₱10,000, you can potentially earn 7% interest rates annually. Just message him here.
23. Investment Crowdfunding
Money Needed to Start: As low as ₱1,000
Time it takes to Start Earning: In less than a year (depends on the terms)
Things You Need to Start: money, a platform to invest in online
Potential Passive Income: 5% up
Investment crowdfunding is a way for businesses to raise capital to start or expand their operations. If you’re looking for another way to invest in companies aside from stocks and bonds, this is the next best thing!
There are already plenty of platforms that connect investors and businesses in the Philippines online. You’ll just need to select which ones you want to invest in and take things from there. This is a great way to earn passive income in the Philippines since you don’t have to do anything else!
To save you time, I’ve researched the most popular crowdfunding platforms here in the Philippines.
24. High-interest Digital banks
Money Needed to Start: As low as ₱1.00
Time it takes to Start Earning: After a month
Things You Need to Start: money, a digital bank app
Potential Passive Income: 3% up
Tired of storing thousands of pesos on your bank account only for it to earn 1% interest or less? This is a sad reality for most Pinoys. But the banks aren’t to blame as well since they’re not primarily an investment firm.
But if you want your money to earn more than what banks are giving, then consider storing them in digital banks. Most digital banks in the Philippines today give an average of 3% interest rates per annum. Some even go as high as 4%!
Also, your interest earnings are credited monthly directly to your account which is accessible through an app. If you’re excited to earn more from your savings, here are the best digital banks in the Philippines:
- CIMB
- ING
- GCash Save via CIMB
- Komo
- Diskartech (Input this code to receive ₱30 when you sign up: AASN5516)
25. Cryptocurrencies
Money Needed to Start: As low as ₱100
Time it takes to Start Earning: In days
Things You Need to Start: money, a cryptocurrency exchange platform
Potential Passive Income: Depends on a lot of factors but usually around 10% interest
In this day and age, we no longer use cash as much as decades ago due to the presence of credit cards and other money wallet apps. But if you haven’t heard of cryptocurrencies already, you might be living under a cave.
They made huge headlines over the past years as their values rose to incredible heights. Countless people have become millionaires overnight as a result. Today, they are still a great way to earn passive income in the Philippines since they’re similar to stocks.
But do note that there are a lot of scams out there right now involving cryptocurrencies. You should only conduct business in verified platforms and avoid conversing with individuals you don’t know regarding this.
If you’re looking for an easy and simple way to invest in cryptocurrencies, why not try Coins.ph?
26. VUL
Money Needed to Start: As low as ₱1,500 monthly investment
Time it takes to Start Earning: In 5 – 20 years
Things You Need to Start: money, a VUL policy from an insurance company
Potential Passive Income: Average returns on Equity and Bond: 16.6% and 7.8%
Nowadays, there are so many types of insurance that you’re probably confused about now. But in this one, we’re going to focus on the type of insurance that also has an investment feature called Variable Universal Life insurance or VUL.
Simply put, this is a life insurance policy that also invests your money through different vehicles such as equity funds, fixed income funds, and balanced funds.
What’s great about this is that your money is earning as you continue paying your premiums all while you’re insured! But since this is a long-term investment, this should just serve as a secondary investment option for you.
27. Peer to peer lending
Money Needed to Start: As low as ₱5,000
Time it takes to Start Earning: Depends on the term (months, years)
Things You Need to Start: money, a P2P platform
Potential Passive Income: Average returns of 10%-15%
We’ve all heard of the term paluwagan and 5-6 by now. These are the informal ways to invest your money by lending it to people.
But now there are a lot of Peer to peer lending platforms in the Philippines in which you can earn passive income. These P2P platforms allow you or a group of people to lend money for a loan that will earn interest. This is a more secure way of lending funds since there’s a platform that governs every transaction.
Here are the top P2P lending platforms in the Philippines right now:
- FundKo
- Blend PH
- UpLoan
- Vidalia
Business Ideas for Passive Income Philippines
If you want to earn passive income in the Philippines the traditional way, here are the best business ideas for you. Most of these require little to no effort at all but they take more time and money than the ideas above. But among all ideas here, these have the highest income potential!
28. Rental Income
Money Needed to Start: Minimum of ₱500,000
Time it takes to Start Earning: After construction
Things You Need to Start: money, land, barangay clearance, building permit and occupation permit as well as other permits.
Potential Passive Income: Depends on a lot of factors. Ex. 3 doors for ₱6,000 = ₱18,000 gross monthly income
When we think of passive income, one of the first things that may come to mind is apartments and dorms. Unlike other businesses, you don’t need to spend much here after the construction of the building.
You just need someone to look after the apartment from time to time while you are earning passively.
But if you want to venture into this business, you must be prepared to shell out large amounts of money at first. You will only get your ROI or return on income after a year or years of operation.
29. Royalties
Money Needed to Start: ₱0
Time it takes to Start Earning: Immediately
Things You Need to Start: money, digital assets, digital platforms
Potential Passive Income: $0.25-$0.45 per image, hundreds of dollars per month for videos, and $0.006 to $0.0084 per stream on Spotify
If you have a talent for taking great photos, audio and songs as well as videos, you can earn passive income in the Philippines from it!
The way this works is you just need to upload them to platforms. Then as people use them, you can earn money even while you’re sleeping. You can use sites such as Shutterstock, Spotify, Pond5, and more!
30. Ukay ukay – Don’t need to have a shop. You can sell online.
Money Needed to Start: As low as ₱5,000
Time it takes to Start Earning: Immediately
Things You Need to Start: money, supplier, a place or a platform to sell
Potential Passive Income: Minimum ₱50/item
The Ukay Ukay business is unique and popular in the Philippines. This can be a great source of passive income in the Philippines as you don’t even need to have a physical location to start one.
Although you can have your physical shop set up, nowadays sellers just use Facebook as a marketing tool. If you’ve come across plenty of sellers doing live videos on Facebook recently, chances are you already know how this works. You just need a page or your personal Facebook account to start. Not to mention, a reliable supplier where you can get your goods from.
From there, you’ll just need to do sort of a bidding live video for all your items. If everything goes smoothly, you can earn a lot here! If you want to find a supplier online, just join this FB group. Take note that you need to be careful when you deal with these suppliers online as not all of them are trustworthy.
31. Buy an established business
Money Needed to Start: As low as ₱10,000
Time it takes to Start Earning: In months or years
Things You Need to Start: money, an established business
Potential Passive Income: Depends on the business you’re going to buy
Nowadays, it’s easy to start a business here in the Philippines. What’s hard is surviving through the first few years and establishing a name. If you don’t want the hassle of going through all of this, there’s always an option of buying an established business!
What’s great about this is that you can potentially grow the business into a much larger and profitable one – if everything goes well. But as in business, there’s still a lot of risks.
This is why you need to choose carefully what business you’ll buy and have appropriate people look into every aspect of the business especially their financial statements if they have one. But if done right, you can potentially earn thousands or even millions of passive incomes in the Philippines by doing so.
32. Airbnb
Money Needed to Start: As low as ₱10,000
Time it takes to Start Earning: In months or years
Things You Need to Start: money, an established business
Potential Passive Income: Potentially ₱14,478 for 10 guests (Calculated using Airbnb Calculator)
Do you have an extra bedroom? Or you have an entire house or apartment that you want to turn into a business? If you want to reach more people, put out your listing at Airbnb.
This is especially great for people who are already in the renting business but are having a hard time getting people to notice your business. Take advantage of Airbnb’s search feature that would allow visitors to search for the perfect room or house to rent when they’re in the area.
You can potentially earn thousands of pesos of passive income in the Philippines just by doing this.
33. Invest in a Business
Money Needed to Start: As low as ₱10,000
Time it takes to Start Earning: In months or years
Things You Need to Start: money, a startup business
Potential Passive Income: Depends on the business
One of the best passive income ideas in the Philippines is to invest in a business. If your friend is planning to start a business soon or is in the startup phase (Within 12 months), it would be a good idea to invest in it.
You just need to talk about the specifics of what your responsibilities are and your share of the profits and put it into writing. This way, you’ll earn passively as the business grows.
34. Rent your vehicle
Money Needed to Start: ₱0
Time it takes to Start Earning: Immediately
Things You Need to Start: a vehicle
Potential Passive Income: ₱1,000+ per day
If you have a car that you don’t use often, you can consider renting it out to people for a price. There are a lot of people who need cars for various purposes here in the Philippines.
The most popular reason for renting a car here is for travel purposes. But they can use it for moving and other things. Aside from the car, you won’t have a lot of expenses in running this kind of business which is why it’s one of the best ways to earn passive income in the Philippines.
35. Vending Machines
Money Needed to Start: Minimum of ₱10,000
Time it takes to Start Earning: Immediately
Things You Need to Start: vending machines, products, money, a good location (ex. hospital, school, offices)
Potential Passive Income: 5% + margin per product
A vending machine business is among the top businesses that would come to mind when you ask people about passive income. While it’s true that you don’t need to do a lot in here to earn money, there’s a lot of factors to consider first.
First, you need to know what products you’re going to sell. There are so many types of vending machines nowadays that it’s hard to choose. For instance, you can have a coffee vending machine, tissue, loading, or the typical snack vending machine.
Then you’d also need to choose a good location preferably in places where a lot of people naturally walk by. Think of hospitals, schools, business establishments and offices. Of course, you’d need to have a permit when you want to conduct business in any place other than your own.
Lastly, the issue of finding a reliable supplier comes into play. If you’re interested in this kind of business, here are some great places to start:
36. Laundromat Business
Money Needed to Start: Starts from ₱250,000
Time it takes to Start Earning: Immediately
Things You Need to Start: a physical store, coin-operated laundry machines, a helper
Potential Passive Income: Depends on a lot of factors (For a small one – close to a thousand per day)
There are plenty of laundry businesses popping up left and right even just here in our city in Tuguegarao. But since our topic for this article is passive income ideas in the Philippines, it wouldn’t make sense to include this as this business is laborious.
Instead, what we’re focusing on here is a type of laundry business called a coin-operated laundry business. This type of business is popular in the States but it’s slowly becoming recognized in the country.
What’s great about this is that you don’t have to hire a lot of people to do the laundry as the customers will do it themselves. This is perfect for customers who don’t have washing machines or don’t have the money to go to a laundry.
As there aren’t a lot of suppliers of laundromats in the Philippines, you can start by scouting in your area for one. Or you can visit this FB page of a supplier I found.
37. Be a Real Estate Broker
Money Needed to Start: ₱0
Time it takes to Start Earning: When you make a sale
Things You Need to Start: connections, a place where you can see all the assets being sold, real estate broker permit (optional)
Potential Passive Income: 5% up per sale
There are so many Pinoys who’ve made millions just by being in the real estate business. You don’t even need to have a company to be in this business nowadays. You just need connections, good convincing power and some assets to sell.
My auntie is a real estate broker who primarily deals with lands. Although income isn’t consistent, she earns hundreds and thousands of pesos each successful sale as commission. The best thing is, she doesn’t do anything other than just connecting the seller to a buyer.
If you have a lot of connections like she does, you can be in this business too! You don’t even have to sell land; it could be a house or a condo. But even if you don’t have a lot of connections, you can start by joining local Facebook buy and sell groups for real estate.
38. Consultancy
Money Needed to Start: ₱0
Time it takes to Start Earning: Immediately
Things You Need to Start: a professional background, knowledge and experience
Potential Passive Income: Thousands per month
If you are an accountant, lawyer or someone who has a lot of knowledge and experience on a particular subject, you can earn extra income in the Philippines through consultancy.
Basically, you could teach or help people with their personal or business needs. My mother who is an ex-OFW is now an online freelancer but she also does consultancy on the side. She offers accounting consultancy to clients as well as files their taxes.
It’s not much work but she earns thousands per month just doing this. You can even turn this into full-time work or a company if it blows up!
Passive Income Philippines – Final Thoughts
If you’re reading this, hopefully, you now have an idea as to what you’re going to do to earn passive income in the Philippines.
You can go for a lot of ideas here but I suggest you focus on 1-3 first. Pick whatever resonates with you the most and I’m sure that you’re on your way to financial freedom!
Do you have additional passive income ideas to add? I’d love to hear them, comment them below!
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