Bacolod, Philippines

Capital City

With a population of 624,787, Bacolod is the second largest city in the Visayas region. However, the city's rapid growth has come with challenges - the bureaucracy is a persistent headache, and the tropical monsoon climate means heavy rains for half the year. On the upside, Bacolod has emerged as the Philippines' third fastest growing economy for tech and outsourcing, and has been named one of the country's most livable cities. Overall, Bacolod offers opportunities for those seeking an affordable, business-friendly provincial city, but the climate and red tape may be a deterrent for some.