Advice For A Visa To The Philippines!

My Filipino citizen (Has resided most of his life here in Canada) buddy and I are hoping to open a small bar and grill in Boracay, Philippines. We've done all the studying, financing and so on

but have come upon 1 small snag.

We were planning on me being the investor, and getting an investors visa to live there permanently. An investors visa states that as long as you employ 10 Filipinos and invest $75 000 USD then this is no problem. The thing is we were planning on starting a smaller business with maybe half that amount of money.

I was wondering if anyone has any advice on how to get around this? We may be able to come up with $75K to put in a bank but can't spend it all.

Do we have to prove that it's in the bank and invested in the company? Or just have it in a Filipino bank?

Are we allowed to bring the money back out of the country if we had to without losing a substancial sum?

Is HSBC a bank that we can do that with? I trust a bank like that more than a local bank.