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Cost To Retire In Philippines: Feel Rich For A Thousand Bucks Monthly
This article is for people who are wondering how to retire to philippines.
Thank goodness, there are some places on the planet wherein you can stay for under $1000 and one of these places is the Philippines. So, keeping in mind the Philippines living expenses, just how far will your $1000 go if you're wondering how to retire in philippines?
1. The $300 monthly rent
You can easily lease a good apartment or a house for just $300 per month in metropolitan cities like Cebu and Davao, not including home furniture. You could lease a fully-furnished apartment if you're willing to pay for a bit more.
2. The $200 food budget
When you're living on your own or with your Filipino lady, you can have a food spending budget of $200 a month. Obviously, this doesn't cover the cost of eating at a Hilton accommodation (yes, you will find Hilton hotels in the Philippines).
3. The $12 hospital appointment
Skip the general community hospitals, visiting reputable private hospitals in places similar to Cebu will set you back only $12 in doctor's fees. In case you are on prescription medication, there are actually chain store drug stores that offer prescription medicine from the United States besides other countries.
Summing everything, the cost of living in the Philippines is much lesser than in remote locations in Asia. The good thing about it is that the Philippine government has wonderful program for foreign seniors called the Special Resident Retirees Visa (SRRV).
As well, if you're married to a Filipino woman, you can make an application for a 13A visa, or 13B visa if you are single and simply want to know how to retire in the philippines.
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