{"id":60623,"date":"2023-07-03T02:33:16","date_gmt":"2023-07-03T06:33:16","guid":{"rendered":"https:\/\/www.smileswallet.com\/canada\/?p=60623"},"modified":"2025-08-12T01:02:19","modified_gmt":"2025-08-12T05:02:19","slug":"invest-in-pag-ibig-and-sss","status":"publish","type":"post","link":"https:\/\/www.smileswallet.com\/canada\/invest-in-pag-ibig-and-sss\/","title":{"rendered":"Invest in Pag-IBIG and SSS Philippines from Canada"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">In modern times, OFWs have become more aware of their savings and expenses, allowing them to invest not only in their current essentials but also in their future. As non-immigrants of a foreign country, investing in the Philippines has become one of the aspirations of many OFWs, whether in business, the stock market, or insurance, both publicly and privately.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">One of the common investment options for OFWs is Pag-IBIG and SSS Philippines from Canada, which are government agencies tasked with handling the insurance and savings of Filipinos in the Philippines and abroad.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Pag-IBIG Fund<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Whether in the Philippines or abroad, Filipinos can invest, save and apply for loans through Pag-IBIG. To avail of these, you must become a&nbsp;<a href=\"https:\/\/www.pagibigfundservices.com\/virtualpagibig\/Membership.aspx).\">Pag-IBIG member<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As an OFW, and if you are duly paying your contributions, here are some advantages you are qualified to receive:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>You can have your savings in the Philippines that are fully guaranteed by the Philippine government. These savings also provide you with annual dividends that are tax-free.&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>You can apply for short-term loans for your emergency needs.&nbsp;<\/li>\n\n\n\n<li>You can apply for a housing loan with low-interest rates and repayment terms of up to 30 years.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">SSS Loans and Contribution<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Social Security Systems (SSS) is a social insurance program in the Philippines that mainly caters to private-sector employees, both in the Philippines and abroad. Once you become a member of SSS, you are entitled to multiple benefits, including support for death, retirement, and unemployment benefits.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Similar to Pag-IBIG, OFWs can also invest in SSS for savings, which later on can be used to apply for a short-term or long-term loan. Furthermore, SSS provides a service that is specific to OFWs for housing loan applications.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Investing in Pag-IBIG and SSS Philippines from Canada<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">All Filipinos are eligible to become members of Pag-IBIG and SSS from Canada. If you are an OFW, you may apply directly through their website or personally visit their offices in the country where you are currently based.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For SSS, your monthly contribution will depend on the wage that you are receiving per month. For more details, you may open&nbsp;<a href=\"https:\/\/www.sss.gov.ph\/sss\/DownloadContent?fileName=2023-Schedule-of-Contributions.pdf\">this link<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For Pag-IBIG, the mandatory monthly contribution is only PHP100. For more details, you may open&nbsp;<a href=\"https:\/\/www.pagibigfund.gov.ph\/document\/pdf\/circulars\/provident\/HDMF%20Circular%20No.%20274%20-%20Revised%20Guidelines%20on%20Pag-IBIG%20Fund%20Membership.pdf\">this link<\/a>.&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Saving and investing for the future has become one of the aspirations of many OFWs from around the world as they see it\u2019s practical and, more so, because it would provide them with better options when they plan to retire in the Philippines. In this context, Pag-IBIG and SSS are one of the best investment options for OFWs, whether they\u2019re professionals or skilled workers.&nbsp;<br><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center\">Smiles Mobile Remittance &#8211; Rate today from Canadian dollar to Philippine peso<\/h2>\n\n\n<link rel='stylesheet' href='https:\/\/www.smileswallet.com\/canada\/wp-content\/themes\/smilesremit\/inc\/blocks\/current-rates-table\/current-rates-table.css?ver=8.1.10' type='text\/css' media='all' \/>\n<div  class=\"current-rates-table\">\n      <div class=\"currency_display d-block mx-auto\">\n    <div class=\"dotWrapper\"><\/div>\n    <span class=\"last_updated\">2026 August 6, Thu 07:50 <\/span>\n    <p class=\"host_currency_unit\">\n      1 CAD =\n    <\/p>\n          <div class=\"equivalent_currencies\">\n                  <div class=\"currency\">\n                          <div class=\"flag_country_name\">\n                <img decoding=\"async\" width=\"30\" height=\"30\" class=\"country_flag\"\n                  src=\"https:\/\/www.smileswallet.com\/canada\/wp-content\/themes\/smilesremit\/src\/images\/currency\/php.png\"\n                  alt=\"PHP flag\" loading=\"lazy\" \/>\n                <p class=\"country_name\">Philippines<\/p>\n              <\/div>\n                        <span class='exchange_rate'>43.3 PHP<\/span>          <\/div>\n                        <\/div>\n        <div class=\"dotWrapper\"><\/div>\n  <\/div>\n<\/div>\n<script type='application\/ld+json'>{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Dataset\",\"@id\":\"https:\/\/www.smileswallet.com\/canada\/invest-in-pag-ibig-and-sss\/\",\"name\":\"Exchange rates from CAD to PHP\",\"description\":\"Exchange rates provided to Smiles Mobile Remittance customers for CAD to PHP\",\"keywords\":\"CAD to PHP,exchange rate,remittance,Smiles Mobile Remittance,Digital Wallet Corporation,forex,global,fintech,japan,canada,singapore,usa,download smiles app\",\"license\":\"https:\/\/digitalwallet.co.jp\/en\/privacy-policy\",\"creator\":{\"@type\":\"Organization\",\"name\":\"Digital Wallet Corporation\"},\"dateModified\":\"2026-08-06T07:50:00-04:00\",\"temporalCoverage\":\"2026-08-06T07:50:00-04:00\/..\",\"distribution\":[{\"@type\":\"DataDownload\",\"encodingFormat\":\"text\/html\",\"contentUrl\":\"https:\/\/www.smileswallet.com\/canada\/invest-in-pag-ibig-and-sss\/\"}],\"variableMeasured\":[{\"@type\":\"PropertyValue\",\"name\":\"Source Currency\",\"propertyID\":\"https:\/\/schema.org\/currency\",\"description\":\"Base currency for all exchange rates in this dataset: CAD.\"},{\"@type\":\"PropertyValue\",\"name\":\"Exchange Rate\",\"propertyID\":\"https:\/\/schema.org\/price\",\"description\":\"The numerical exchange rate value per 1 CAD\"},{\"@type\":\"PropertyValue\",\"name\":\"Target Currency\",\"propertyID\":\"https:\/\/schema.org\/priceCurrency\",\"description\":\"The ISO 4217 currency code for the destination currency.\"}],\"mainEntity\":{\"@type\":\"ItemList\",\"name\":\"Exchange rates: CAD to PHP\",\"itemListElement\":[{\"@type\":\"ExchangeRateSpecification\",\"currency\":\"CAD\",\"currentExchangeRate\":{\"@type\":\"UnitPriceSpecification\",\"price\":\"43.3000\",\"priceCurrency\":\"PHP\"}}],\"description\":\"Exchange rates provided to Smiles Mobile Remittance customers for CAD to PHP\"}}<\/script>\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"320\" src=\"https:\/\/www.smileswallet.com\/canada\/wp-content\/uploads\/sites\/5\/2023\/06\/Article-Banner-1-1024x320.png\" alt=\"Smiles Mobile Remittance\" class=\"wp-image-60587\" srcset=\"https:\/\/www.smileswallet.com\/canada\/wp-content\/uploads\/sites\/5\/2023\/06\/Article-Banner-1-1024x320.png 1024w, https:\/\/www.smileswallet.com\/canada\/wp-content\/uploads\/sites\/5\/2023\/06\/Article-Banner-1-640x200.png 640w, https:\/\/www.smileswallet.com\/canada\/wp-content\/uploads\/sites\/5\/2023\/06\/Article-Banner-1-150x47.png 150w, https:\/\/www.smileswallet.com\/canada\/wp-content\/uploads\/sites\/5\/2023\/06\/Article-Banner-1-768x240.png 768w, https:\/\/www.smileswallet.com\/canada\/wp-content\/uploads\/sites\/5\/2023\/06\/Article-Banner-1-1536x481.png 1536w, https:\/\/www.smileswallet.com\/canada\/wp-content\/uploads\/sites\/5\/2023\/06\/Article-Banner-1-2048x641.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\"><em><sup><strong><a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.digitalwalletcorp.app.smiles\">Want to send money to the Philippines from Canada with the best Exchange Rates? Send with Smiles Mobile Remittance.<\/a><\/strong><\/sup><\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><br>Related Article: <br><a href=\"https:\/\/www.smileswallet.com\/canada\/?p=60614\"><strong>Monthly Contributions for SSS and Pag-IBIG<\/strong><\/a><br><strong><a href=\"https:\/\/www.smileswallet.com\/canada\/how-to-use-smiles-remittance-canada-to-send-money-to-the-philippines\/\"><em>How to use Smiles Remittance Canada to send money to the Philippines<\/em><\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In modern times, OFWs have become more aware of their savings and expenses, allowing them to invest not only in their current essentials but also in their future. As non-immigrants of a foreign country, investing in the Philippines has become one of the aspirations of many OFWs, whether in business, the stock market, or insurance, [&hellip;]<\/p>\n","protected":false},"author":28,"featured_media":60624,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[37,35],"tags":[53],"class_list":["post-60623","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-money-tips","category-remittance-tips","tag-remittance"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.smileswallet.com\/canada\/wp-json\/wp\/v2\/posts\/60623","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.smileswallet.com\/canada\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.smileswallet.com\/canada\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.smileswallet.com\/canada\/wp-json\/wp\/v2\/users\/28"}],"replies":[{"embeddable":true,"href":"https:\/\/www.smileswallet.com\/canada\/wp-json\/wp\/v2\/comments?post=60623"}],"version-history":[{"count":0,"href":"https:\/\/www.smileswallet.com\/canada\/wp-json\/wp\/v2\/posts\/60623\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.smileswallet.com\/canada\/wp-json\/wp\/v2\/media\/60624"}],"wp:attachment":[{"href":"https:\/\/www.smileswallet.com\/canada\/wp-json\/wp\/v2\/media?parent=60623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.smileswallet.com\/canada\/wp-json\/wp\/v2\/categories?post=60623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.smileswallet.com\/canada\/wp-json\/wp\/v2\/tags?post=60623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}