I know someone with 40 acres in the phillipines. I am strongly considering moving there from the U.S, buying more land and making money off of it. Is there any reason why this would not be a good idea? It seems like a relatively undeveloped economy where would could both live off the land and profit very well if you had money to start with. There is a rice farm I believe bordering the land for sale for very cheap aswell that I would buy.