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Senior Living: Top 5 Reasons to Retire in the Philippines

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All the years of hard work are through. Now is time to reap the fruits of your labor and make the most out of your days as a retiree. Question is, in what place shall you retire? This question can be tough but the answer can be easy. If you are going to retire and want to spend what you worked hard for wisely, the Philippines is an ideal place for your retirement. To find out why you should choose the Philippines, here are the reasons that will help you decide on your retirement.

Special Resident Retiree Visa

If you want to retire in the Philippines and want to stay here for good, you can have a special resident retiree visa. SRRV is granted to a foreigner who is at least 50 years old. But in exchange for that, you have to keep a $10,000 deposit in a Philippine bank. If your monthly pension is of $1,000 or above, it is easy to acquire a special resident retiree visa along with an application fee of $1,400 and $360 annual fee. If you are not married to a Philippine citizen and you want to enjoy the advantages of living in the Philippines, SRRV can be a good option for you.

Low Cost of Living

Another great reason to retire in the Philippines is the cost of living. If you are form a Western country and you are too use your money in the Philippines, its value will not just double but will multiply.

Living in the Philippines with foreign money will give you a high standard of living at low cost. You can buy commodities at a lower prices, thus helping you save money for other expenses. You can even have the luxuries you want which you can’t easily get in other places. Your monthly food and house expenses won’t likely cost even half of yours in your country. Even private health care is inexpensive in the Philippines, which means you can achieve your desired lifestyle without worrying about your health.

Rich Culture

Philippines is a country known for its rich culture. You may be thunderstruck when you find out how different Filipinos are compared to Western people. For one, Filipinos are very friendly and hospitable. You will feel the warmth of their hearts especially if you are a guest. They will give you the best of what they have to let you feel you are welcome.

What’s more, you will never get bored by their culture and activities. Filipinos are also known to be enthusiastic in everything they do. Their energy is overflowing and contagious so be prepared for adventures and surprises every now and then.

In the Philippines, you don’t have to learn any language to understand and talk to people. In fact, the Philippines is the only English speaking country in Asia. Almost every Filipino knows and understands English since the language is taught in every school.  And because people are respectful despite one’s nationality, they are the one who make adjustments to help you get along well with them. However, it is still better to learn the national language, Filipino, especially if you are staying here for good. This way, you can easily understand and be understood and you can also show them your respect to the language and to the people.

Above all, Filipinos are known to be family-oriented. This is the one thing you will love once you live in the Philippines. The Filipino people value their family because of strong family ties. Some even live with extended family; grandparents and even great grand parents live with their children and grand children. If you are a retiree in the Philippines, even you are a foreigner, one thing is for sure, you will never feel neglected.  Filipinos will respect you despite your age, unlike in Western countries where elders are usually left at homes for the aged. In Philippines, you will be loved and well-taken care of; Filipinos will make you feel how it is to be young again.

Diverse Environment

Philippines is famous for its natural wonders. There are lots of beaches and beautiful spots everywhere in the country, some amazing beaches can be find at El Nido (Palawan), Batangas, Puerto Galera, and many more. Whichever part you may go, you’ll still see the marvels and feel the fun of being in the Philippines.

The country has diverse environment, which means you can go from place to place and see different views, taste different kinds of food and experience different cultures. You always have a choice when you are living in the Philippines. For instance, you love hitting bars and want an exciting nightlife; you can stay in Manila and have an urban lifestyle. In case your mood changes and you want a peace of mind, you can transfer to places like Batangas, Cebu and Davao. Provinces are known to be more peaceful than cities so if you want to get rid of heavy traffic and noise, you can always visit those places.

Also, if the climate or the weather affects your comfort, say you’re in Manila and it’s very hot, you can go to cold places like Baguio and Tagaytay. With Philippines diverse environment, you can enjoy your retirement in every part of the country depending on your interest, desire and comfort.

Home Ownership

You can always have a home of your own in the Philippines. Whether you’re staying here for good or not, it’s important to have a place to say which you can consider your home.

Home ownership is easy in the Philippines. With ample budget and enough determination, you can have the condo you like and call it your own. Condominiums are the best place to live in the Philippines especially if you are in a city. They have all the amenities that will make your stay more convenient and more enjoyable.

Besides, it is easy to acquire a condominium. You just have to find a credible real estate agent and choose a condo you want to buy wisely. Purchasing a condo will make your stay in the Philippines easier and more comforting, thus providing you a great asset that can surely help you in the future.

Finding a perfect retirement destination is crucial. A scrupulous research of your prospective countries is important. Hence, now that you know the major reasons to retire in the Philippines, you can pace forward to the next steps of your retirement or have a research about your other options. After all, the choice is still in your hands.

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