The Philippines is fast developing into a choice retirement destination. For retirees who are still active, the appeal lies in the fact that they can look forward to continuing, and even improving their lifestyle, at the fraction of a cost it will take in their home country.
There are more other reasons to Smile at life in the philippines. Find out the top 9 reasons why foreign nationals who choose to retire in the Philippines are increasing... and why you should, too!
1. Affordable Cost of Living
The cost of living in the Philippines is indeed very affordable. It is one of the main reasons why more and more retirees move to the Philippines.
The monthly expenses for housing, food, transportation and even labor costs anywhere in the Philippines are quite reasonable and affordable for most retirees that allow them to stretch their pensions and savings. With a pension of $3000 each month,a foreign retirees enjoy a favorable currency exchange rate. On an average, a retiree can live very comfortably in the Philippines at US$2,000 per month in a fully furnished home complete with a household helper. The average monthly rate of a three-bedroom apartment, townhouse, or bungalow house in the suburb will cost you around $150 to $200. A live-in house helper has on average a monthly salary of $90.
For groceries it will only cost a retiree an average of $50 to 70$. Electricity, water and gas will only cost you on average around $100 a month.
The low transportation cost in the Philippines is very reasonable. You can get a second-hand car in good running condition for at least $5,000. You may choose not to buy a car if you will live in big city where public transportation is easily available.
2. Filipino Hospitality
Filipinos are renowned for their hospitality. They are among the most hospitable races on Earth. Part of the Filipino culture is to always treat their guests warmly. Filipinos’ are friendly, cheerfull and compassionate, qualities that will make retiring in the Philippines truly feel like one has found a second home. They are a happy people, and have consistently rated among the top in every happiness index conducted.
3. World-Class Medical and Health Facilities
Retirees are naturally concerned about their health-keeping healthy will help them enjoy their retirement to the fullest. Medical care in the Philippines is primarily Western in its philosophy, methods and approaches. Filipino Doctors receive the best education and training in establish institution in Asia, US and Europe, and affiliated with international medical associations.. Nurses, and other healthcare professionals natural friendliness and competence are sought all over the world and would be comforting to every retiree who needs compassionate care, hence, retirees are assured that they will receive reliable health and wellness support from Filipino medical practitioners.
Medical costs are much less, and the cost of hospital services in the Philippines is cheaper than services in the US. Despite the low-cost medical services, hospitals and healthcare providers ensure high level quality health products and services. Pharmacies are easily accessible and most medications can be easily bought.
Wellness facilities and spa centers also abound in the Philippines. They offer massage therapy, acupuncture, and other natural and alternative treatments and practices that aim to restore vitality and promote relaxation and good health. Majority of these health and wellness facilities are managed by medical doctors who underwent training on Western and Oriental medicine.
4. Tropical Climate
Located just below the equator, the Philippines has a "Tropical Rainforest Climate" all over the country, with both a rainy and a dry season. The temperature is generally fair throughout the year. The almost-perfect weather and ample sunshine is very appealing to retired foreigners who are tired of the cold and grey seasons.
During the months of March to May, it is summer in the Philippines, which makes the weather warm and humid with, approximately 77% humidity level. The monsoon season on the contrary, it is rainy from June to October, while it is cold but dry during the months of November to February. January is the coldest month and has lower humidity with good sea breeze. The average temperature during the entire year ranges from 78°F to 90°F.
5. Language and Communication
Communicating with Filipinos will never be an issue. English is one of two official languages in the Philippines. Almost every Filipino can speak the English language with confidence, making the transition to this country and getting around very easy. The Philippines is known as the third largest English-speaking nation.
You can easily find an English interpreter around the country. if you do not know how to speak English, there are also a lot of language schools that offer courses English as second language, where you can enroll and learn the English or Filipino language.
6. Abundant Outdoor Activities and Attractive Eco-Tourism Destinations.
The Philippines is considered one of the world’s best ecotourism destinations. And why not when we are blessed with vast pastoral lands and lush mountains, extensive coastlines ringed by unspoiled beaches, and deepblue waters offering about 40,000 square kilometers of coral reefs teeming with marine life. Its rich biodiversity and natural wonders will bring you closer to Mother Nature.
There are some superb wilderness areas in the Philippines and dozens of volcanoes and mountains to be climbed, from the tallest in the country, Mount Apo (2954m), to more manageable peaks close to Manila in Batangas and Rizal provinces, some of which can be tackled in a day-trip. The country also offers opportunities for caving, whitewater rafting, surfing and sailing. When it comes to sport, basketball and boxing are among the biggest passions in the Philippines.
From the white sand of famous Boracay Island to the stunning hills of Tagaytay, the Philippines has thousands of islands for one to explore this tropical paradise. If you love the outdoors and want to live in cooler places, it is best to stay in the beautiful hills of Tagaytay City, Baguio City, or Sagada in Mountain Province.
Do you love to surf? You should not miss the giant waves of Siargao Island, Catanduanes, Pundakit, and Baler!
For those less adventurous, even just strolling on the beach daily is worth moving to the Philippines for.
7. Modern Conveniences
The Philippines provides retirees with all the basic necessities and conveniences of modern living. From large malls to modern transportation, to the Internet and other high-tech telecommunications network, to contemporary forms of entertainment like Hollywood movies to cable TV channels that include programs from around the world-the retiree would never feel cut-off from the rest of the world and modern life.
Retirees from other countries can keep themselves updated with what is happening around the world through the constantly improving telecommunication facilities in the Philippines. They can keep in touch with their family, friends, and relatives across the globe with high speed internet connections and mobile phones.
With the modern and developing technology in the Philippines, foreign nationals who chose to retire in the country will never feel isolated from the rest of the world.
8. Diverse Cuisine
The Philippines offers incredibly diverse gastromony. The food has mainly Spanish and Chinese overtures but over the centuries has also adaptedto the flavors of the cultures that have come in contact with Filipinos, including American, Chinese, Japanese, Indian, Arabic and Southeast Asia. One thing that many people who have lived in the Philippines and then moved away constantly say is how much they miss the food. Besides the local cuisine, the Philippines also has restaurants offering authentic dishes that will definitely satisfy foreign palates.
9. Governement Support
The collaborative effort of the Philippine Government and the private sector, the Philippines was put on the map as the ideal place to retire. The declaration of the governement that Philippine retirement Industry as a key Flagship Project to be led by the private sector with strong support from the government, set the stage to revitalize Private sector led retirement industry. Aside from Memorandum of Agreement signe with the private sector, the Philippine government earmarked to expand major infrastructures including maritime hi way, additional airports and national roads which is vital for the Philippines to effectively compete with its ASEAn neigbors.
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