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Cost To Retire In Philippines: Live Like A King With $1000 Every Month
This article is for people who are wondering how to retire to philippines.
Thank goodness, there are still destinations on earth at which you can live for less than $1000 and one of these places is the Philippines. So, remembering the Philippines living expenses, how far can your $1000 go if you're wondering how to retire in philippines?
1. The $300 rent
It is easy to lease a good flat or a house for just $300 per month in urban cities such as Cebu and Davao, not including the furniture. It is possible to rent a fully-furnished flat if you're willing to pay for a bit more.
2. The $200 food budget
When you're living alone or together with your Filipino spouse, you can have a food budget of $200 a month. Certainly, this doesn't cover the cost of eating at a Hilton hotel (yes, you can find Hilton hotels in the Philippines).
3. The $12 hospital trip
Ignore the general community hospitals, dropping by reputable private hospitals in places similar to Cebu will cost you a maximum of $12 in doctor's fees. For anybody who is on prescription medication, you can find chain store pharmacies that carry prescription medicine from the United States besides other countries.
Summing it all, the living costs in the Philippines is substantially much less than in other countries in Asia. The good thing about it is the fact that the Philippine government offers wonderful program for foreign retirees called the Special Resident Retirees Visa (SRRV).
Additionally, if you're married to a Filipino lady, you can sign up 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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