Cost To Retire In Philippines: Live Like A King With A Thousand Bucks Every Month
This article is for people who are wondering how to retire to philippines.
Fortunately, there are some parts on earth wherein anyone can live for under $1000 and one of these places is the Philippines. So, keeping in mind the Philippines living costs, precisely how far can your $1000 go if you're wondering how to retire in philippines?
1. The $300 rent
You can easily rent a good apartment or a house for just $300 every month in metropolitan cities such as Cebu and Davao, not including the home furniture. You can rent a fully-furnished apartment if you're willing to pay for a bit more.
2. The $200 food budget
If you're living by yourself or along with your Filipino spouse, you can have a food budget of $200 a month. Obviously, this doesn't cover the cost of dining at a Hilton resort (yes, you can find Hilton hotels in the Philippines).
3. The $12 hospital trip
Skip the public hospitals, visiting reliable private hospitals in places like Cebu will set you back a maximum of $12 in doctor's fees. For anybody who is on prescription medication, you will find chain store pharmacies that offer prescription medicine from the United States and other countries.
Summing everything, the living expenses in the Philippines is substantially lesser than in other countries in Asia. The good thing about it is that the Philippine government has unique program for foreign seniors called the Special Resident Retirees Visa (SRRV).
Additionally, if you're married to a Filipino lady, you can make an application for a 13A visa, or 13B visa if you're single and simply want to know how to retire in the philippines.
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