The restrictions on entry into the Philippines regarding the use of child travelers have been eased somewhat but there are still measures that need to be taken. The Philippine Ministry of Foreign Affairs and the Philippine Department of Foreign Affairs have released some travel warnings to travelers to ensure that they don’t take trips to the Philippines without their parents or legal guardians. While the younger generation in particular may find this a welcome change, there are those who seem to be less than thrilled about this measure. There are reports that many travelers have cancelled their vacations over the new restrictions. The tourism industry is also facing challenges given the current economic situation and lower interest rates in the country.
One of the reasons why more tourists are now traveling to the Philippines despite the new entry restrictions is the abundance of high-end hotels and resorts, as well as the large number of tourists from the western world looking for a place to spend their vacation. Because the Philippine economy relies on foreign investments, a lot of the new residents who come to the country are wealthy businessmen who have the means to build lavish resorts. Given the relatively high prices of properties here, the incomes earned by these visitors can put a dent in the Philippine economy if the prices of properties and other goods rise too much. This is one of the reasons why there are still strict limitations on the amount of money that tourists can earn and how long they can stay.
There are also reports that the number of tourists from the United States will continue to rise given the current state of the global economy. In addition, the Philippine economy depends on remittances coming from the United States and other sources. The recent changes in visa policy may affect these sources of income and may put a major crimp in the way things are handled in the Philippines. However, with more Philippine officials welcoming American visitors, it seems that the restrictions on visas for Filipino travelers will lift soon.