INFORMATION FOR INVESTORS

Magallanes, Cavite, is located in the southern part of the province and is renowned for its rich agricultural diversity, cultural legacy, and peaceful but thriving natural surroundings. The town boasts a relaxing rural charm with large farms, scenic forests, and charming waterfalls.

Agriculture is still its economic pillar, with the output of muscovado sugar, coffee farms, and coconut goods among primary contributors. In the past years, tourism and small businesses have arrived in Magallanes to blend modernism with preserving its natural surroundings. Its ecotourism regions, local cuisine, and friendly resident hospitality draw visitors, transforming this area of leisure and culture.

Driven by its rich agricultural resources, local enterprises, and developing infrastructure, the town keeps seeing ongoing economic and industrial growth. The town drives agribusiness businesses both locally and abroad using its rich land. Small and medium-sized businesses thrive and provide various goods and services to residents and guests. Improved road infrastructure and connections help open more business and investment opportunities, drawing industries and entrepreneurs looking for key locations.

Why Invest in Magallanes, Cavite?

Magallanes, Cavite, presents an ideal investment landscape with abundant natural resources and growing economic possibilities. Being a dynamic and sustainable town, it offers a pro-business climate without compromising its agricultural background or capacity for ecotourism. Magallanes is becoming a rising destination for investments in farming, tourism, and light industries thanks to its qualified workforce, thriving local market, and government-favorable economic development.

These are the reasons Magallanes, Cavite, would be the ideal place for investment.

1. Thriving Agricultural Industry

Magallanes has changed its agricultural focus from rice farming to coffee production to meet rising market demand. This change has strengthened the local economy and made the town a significant actor in the area's coffee industry.

The Department of Agriculture Region 4A (DA 4A) gave Magallanes farmers ₱2.6 million worth of agricultural interventions to improve their output. These tools seek to benefit the nearby farming community and increase crop yields.

Rhodora Espineli owns Magellan Kaong Farm Products Manufacturing, a prominent agricultural endeavor. This business specializes in traditional kaong vinegar making and is well-known among the Slow Food Community Cavite for honoring native cooking techniques. Such projects preserve cultural legacy and boost nearby businesses and employment.

Among the notable coffee farms are Earth's Cup Coffee and Cacao Farm, and Salipit Coffee Farm. Besides increasing local tourism, both farms provide farmers and business owners livelihood opportunities. DeLove-R Farm is a dairy goat farm focused on goat milk and other goods. These farms boost the local agricultural industry and position Magallanes as a growing agritourism destination by stressing their rich coffee, cocoa legacy, and goat milk products.

These agrarian ventures show Magallanes' will to advance its sector through modernizing its agricultural industry, sustainable tourism, and international cooperation. Thus, they promote economic development and community resilience.

2. Strategic Tourism Development

The town's local government has devised a Tourism Development Plan covering 2020-2022, emphasizing the socioeconomic importance of tourism in its primary aspects of job creation and poverty alleviation. The initiative aims to tap the town's natural endowments and cultural heritage to the fullest in an effort to develop tourism and consequently enhance the local economy.

Magallanes, Cavite, has consciously cultivated its tourism industry by focusing on its natural attractions and historic value. The town lies within the 3,973.13-hectare Mounts Palay-Palay-Mataas-na-Gulod Protected Landscape, famous for its beautiful hiking trails and biodiversity.

Besides the natural attractions, Magallanes has also welcomed agri-ecotourism initiatives. A good example is the Buhay Forest Initiative, which transformed adjacent forests into tourist spots with recreational activities and educational value. Such initiatives have stimulated the local economy by increasing the number of businesses from 26 in 2020 to 55 in 2021.

Together with the town's sustainable tourism initiative, these businesses have turned Magallanes into a growing outdoor recreation and ecotourism destination, improving its local economy and quality of living.

3. Micro, Small, and Medium Enterprise (MSME) Support

The municipality has gained worldwide recognition for its economic development efforts. To promote micro, small, and medium businesses (MSMEs), Magallanes hosted delegates from the Canadian government, who came to evaluate the impact of the Catalyste+ initiative. The event reflected international aid for the municipality's economic growth goals and reaffirmed initiatives to empower local businessmen.

The municipality actively promotes the development of Micro, Small, and Medium Enterprises (MSMEs) due to their critical contribution to local economic growth. As of 2009, Cavite province had many MSMEs, with high concentrations in strategic municipalities.

One such strong representation of this commitment is the Magallanes Women's Club Multi-Purpose Cooperative (MAWCO), a prominent muscovado sugar producer. Established in 2008, MAWCO markets its brand, Muscovado de Magallanes, and contributes heavily to the local muscovado sugar economy. This cooperative strengthens the local economy and helps maintain traditional sugar production processes consistent with the town's rich agricultural history.

The presence and growth of MSMEs and agritourism farms in Magallanes are the primary drivers of economic and industrial development in the town. These companies diversify nearby businesses, generate employment, and support entrepreneurial innovation. Through MSME development, Magallanes improves its financial resilience and generates inclusive growth, benefiting society.

4. Infrastructure Enhancement and Connectivity

Magallanes benefits from infrastructural growth that enhances Cavite's connectivity and accessibility. The improvement of people's and goods' transportation attracts businesses and investors to the region.

The Maragondon-Magallanes-Amuyong Road, alternatively referred to as the Maragondon-Magallanes-Alfonso Road, is one of the major improvements in transport. Linking the municipalities of Maragondon, Magallanes, and Alfonso, this two- to four-lane secondary road enhances intra-provincial transport and access by 37.97 kilometers.

These infrastructure upgrades have made transport in Magallanes and the surrounding towns easier, moving goods and people with ease and fostering the town's economic and industrial growth.

How To Establish a Business in Magallanes, Cavite?

Magallanes, Cavite, is an ideal business area due to its affordability, accessibility, and booming economy. To establish a business in the town, you can follow the step-by-step guide below.

1. Choose Your Business Structure

Decide on the type of business entity you will establish:

• Single Proprietorship - Register with the Department of Trade and Industry (DTI)
• Partnership or Corporation - Register with the Securities and Exchange Commission (SEC)
• Cooperative - Register with the Cooperative Development Authority (CDA)

2. Secure Barangay Clearance

Visit the barangay hall where your business will operate to obtain barangay clearance, a requirement for the Business Permit.

3. Obtain Necessary Local Government Clearances

Submit the following documents to the Municipality of Indang for Business Permit processing:

• Lease Contract & Rental Permit of Lessor (if leasing a space)
• Clearances from various offices:
  • Municipal Planning and Development Coordinator (MPDC)
  • Engineering Office
  • Municipal Environment and Natural Resources Office (MENRO)
  • Sanitary Office
  • Bureau of Fire Protection (Fire Clearance)

4. Determine Asset Size and Pay Community Tax (Cedula)

• Declare your business's asset size with the Treasury Office to calculate applicable fees and taxes.
• Obtain a Cedula (Community Tax Certificate) for both individuals and corporations.

5. Obtain Industry-Specific Licenses

For businesses operating in regulated sectors (e.g., food, healthcare, manpower services), additional permits may be required:

• License to Operate / Certificate of Registration / Certificate of Accreditation from relevant national government agencies
• Department of Labor and Employment (DOLE) Accreditation (for manpower agencies)

6. Provide Authorization Documents (If Needed)

If the business owner cannot personally process the registration, the following may be required:

• Special Power of Attorney (SPA) and valid ID with three specimen signatures (if the applicant is not directly connected to the owner)
• Notarized Authorization Letter and valid ID with three specimen signatures (if the applicant is an employee of the business)

7. Submit Other Supporting Documents

Additional documents may be required depending on the nature of the business. Always check with the Business Permit and Licensing Office (BPLO) of Indang for specific requirements.

8. Finalize Registration and Start Operations

Once all requirements are met and approved, you will receive your Business Permit, which allows you to operate officially in Indang, Cavite.

Cost of Doing Business in Magallanes, Cavite

Below is the cost of doing business in Cavite Province, which varies per city and municipality-data from Cavite City's official website.

Geographic and Demographic Information

This information is based on Philatas data.

Land Area:

The municipality's land area is 73.07 square kilometers or 28.21 square miles, which constitutes 4.79% of Cavite's total area. The town consists of 16 barangays.

Geographic Location:

The town center of Magallanes lies at about 14° 11' North, 120° 45' East, within the island of Luzon. The elevation at these coordinates is estimated to be 170.6 meters or 559.7 feet above mean sea level.

Population:

The 2020 Census determined its population at 23,851. This number made up 0.55% of the whole population of the Cavite province or 0.15% of the CALABARZON region's total. These figures allow one to determine the population density-326 persons per square kilometer or 845 persons per square mile.

• Population by age group: Based on the 2015 Census, Magallanes has the highest population under the age of 15 to 19, with a population of 2,406, and the least populated age is 80 years old and above, with 233 persons.

Economy:

The annual regular revenue of Magallanes for the fiscal year of 2016 was ₱79,949,889.26.

Languages/Dialects:

The primary language spoken in Magallanes, Cavite, is Tagalog, which is the main mode of communication among residents. English is also widely understood, especially in the education, business, and government sectors.

Religious Sectors:

The primary language spoken in Magallanes, Cavite, is Tagalog, which is the main mode of communication among residents. English is also widely understood, especially in the education, business, and government sectors.

Labor Force Statistics in Magallanes, Cavite:

• Labor Force Population: 5,066 or 52.3% of the total population.
• Employment Rate: 54%
• Unemployment Rate: 3.7%

The vast and fertile agricultural lands in Magallanes provide diverse economic opportunities. The agricultural sector employs approximately 82% of the labor force, while the service sector, including teachers, government employees, and other workers, accounts for 15.6%. Meanwhile, only 2.4% of the workforce is in manufacturing, transportation, and other commercial industries.

Minimum Wage Rates in Cavite Province

As of September 2024, the minimum wage rates in CALABARZON IV-A have increased. It will be given in two tranches: the first tranche was granted on September 30, 2024, and the second tranche will be granted on April 1, 2025. This data comes from DOLE IV-A.

Crime Statistics in Magallanes, Cavite

Based on the Cavite Ecological Profile 2020, Magallanes, Cavite, experienced a fluctuating Average Monthly Crime Rate (AMCR) from 2016 to 2020. In 2016, the town recorded an AMCR of 13.75%, which increased to 31.80% in 2017, 9.88% in 2018, 10.10% in 2019, and 16.07% in 2020.

To reduce the crime, Magallanes employed strategic crime prevention strategies such as enhanced police visibility, community policing programs, and crime consciousness campaigns. The town also promoted the involvement of its citizens in keeping the place peaceful and orderly via barangay-level interventions and neighborhood watch mechanisms.

Furthermore, improved economic possibilities, effective street lighting, and better infrastructure could have helped establish a safe environment and reduced the incentive for criminal activity. In Magallanes, Cavite, these deeds have resulted in a more safe and quiet area.

Cost of Living in Magallanes Cavite

Living in Cavite Province can be affordable compared to the significant regions in the Philippines. Here's a detailed overview of the average cost of living in Cavite, according to the latest data in Numbeo Cost of Living.

Housing:

• Rent for 1-bedroom apartment: ₱8,000/month

Food:

• Meal at a restaurant: ₱150 to ₱300 (Inexpensive), ₱600 to ₱3,000 (Expensive)
• Meal at a fast food: ₱100 to ₱200
• Drinks, beverages, liquors: ₱15 to ₱300

Market:

• Rice: ₱45 to ₱70/klo
• Bread: ₱45 to ₱95
• Meat: ₱140 to ₱350/klo
• Vegetables: ₱50 to ₱200/klo
• Fruits: ₱40 to ₱150

Transportation:

• One-way ticket (local transport): ₱15
• Taxi fare 1 mile (normal tariff): ₱12.87 to ₱67.59
• Gasoline 1 gallon: ₱60 to ₱120

Education:

• College/University School (private): ₱15,000 to ₱50,000
• Secondary School (private): ₱10,000 to ₱50,000
• Primary School (private): ₱2,000 to ₱35,000

Health (Consultation Fee):

• Private Hospital/Clinics: ₱500 to ₱1,000

Utilities:

• Utilities (electricity, water, heating, cooling, garbage): ₱2500 to ₱ 15,000 per month
• Mobile Data (10GB+ data): ₱1,000 to ₱ 2,499

Internet Service Providers:

• Converge ICT Solutions (200Mbps - 1Gbps): ₱1,500 - ₱7,499
• Globe at Home (200Mbps - 1Gbps): ₱1,699 - ₱7,499
• PLDT Home (300Mbps - 500Mbps): ₱1,699 - ₱2,099
• FiberBlaze (500Mbps): ₱1,499
• SKY Fiber (30Mbps - 200Mbps): ₱999 - ₱2,299
• DITO Home 5G (55Mbps): ₱1,490

Distance and Mode of Transportation from Magallanes, Cavite, to Metro Manila and NAIA

The following is based on rome2rio.com data:

You can check these links for references:

List of Bus Routes

Ferry Schedules and Ferry Services

Jeepney Routes

Note:

• Distances are approximate
• Routes may vary depending on specific destinations within Metro Manila
• Travel times heavily depend on traffic conditions
• Ferry service availability should be verified

Magallanes Cavite Local Officials and Offices:

• Mayor: Jasmin Angeli Maligaya-Bautista
• Vice Mayor: Jesus B. Antazo
• Contact Number: (046)686-300
• Municipal Hall Address: De Guia St., Magallanes, Cavite
• Municipal Facebook Page: https://www.facebook.com/magallanescaviteLGU/
• Magallanes BPLO: https://www.facebook.com/magallanesbploandsafetyseal/

Municipal Planning and Development Coordinator Office

• Engr. Roilan R. Reyes
• Email: rrreyes1021@yahoo.com.ph
• MPDO Facebook Page: https://www.facebook.com/people/Magallanes-Mpdo/100081954859087/

Image Credits:

1. https://www.facebook.com/photo/?fbid=600067329250060&set=pcb.600067975916662
2. https://www.facebook.com/earthscup.ph/
3. https://www.galingpook.org/mandanas-ruling/mandanas-ruling-featured/lgu-magallanes-maximizes-the-dtp-as-its-guide-for-sustainability/
4. https://www.facebook.com/mawcomagallanes/photos/pb.100063746666272.-2207520000/547929433675533/?type=3

Disclaimer: The information provided in this article is for informational purposes only. While we strive to ensure accuracy, economic conditions, prices and rates data, statistics, list of development, contact information, local officials, addresses, and other relevant information are subject to change without notice.