Roxas, Philippines

Expect a hefty tax burden and persistent bureaucratic headaches in Roxas. The city was the site of intense fighting during World War II, leaving over 80% of its buildings destroyed. Today, the economy struggles with a GDP 38.7% below 1937 levels. Graft and corruption have plagued the government, contributing to the rise of left-wing guerrilla movements like the Huks. On the plus side, the city has secured $2 billion in post-war aid, and American military bases provide a degree of stability. But unless you're an opportunistic hacendado seeking to capitalize on the chaos, Roxas is not the place for the faint of heart.