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Saturday, February 21, 2009

OFW

An Overseas Filipino is a person of Philippine origin who lives outside of the Philippines. This term applies both to people of Filipino ancestry who are citizens or residents of a different country and to those Filipino citizens abroad on a more temporary status. It may also extend to Filipinos having extended holidays abroad, though common usage does not usually include this group. The lack of well-paying jobs in the Philippines combined with a widespread knowledge of English (a result of having been a colony of the United States) have made Filipinos one of the most internationally mobile nationalities. Many Filipinos go abroad to support their families back at home through remittances, and as a result, many countries have a substantial Filipino community. Often, these Filipinos are referred to as Overseas Filipino Workers or OFWs. The term Global Filipino is another term of more recent vintage but less widely used.
President Gloria Macapagal-Arroyo recently coined the term Overseas Filipino Investor or OFI for Filipino expatriates who contribute to the economy through remittances, buying property and creating businesses.

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