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Cost To Retire In Philippines: Feel Rich For A Thousand Dollars Every Month



This article is for people who are wondering how to retire to philippines.

Fortunately, there are a few places on earth in which you can live for less than $1000 and one of them is the Philippines. So, keeping in mind the Philippines cost of living, just how far will your $1000 go if you're wondering how to retire in philippines?

1. The $300 rent

You can lease a nice apartment or a home for just $300 a month in metropolitan cities like Cebu and Davao, not including the furnishings. It is possible to rent a fully-furnished apartment if you're prepared to pay for a bit more.

2. The $200 food budget

If you're living on your own or with your Filipino partner, it is possible to have a food budget of $200 per month. Certainly, it doesn't cover the cost of dining at a Hilton accommodation (yes, there are Hilton hotels in the Philippines).

3. The $12 hospital trip

Forget about the general community hospitals, visiting respectable private hospitals in places like Cebu can cost you no more than $12 in doctor's fees. For anyone who is on medication, you can find chain store pharmacies that carry doctor prescribed medicine from the United States and other countries.

Summing all this, the cost of living in the Philippines is significantly less than in other countries in Asia. The good thing about it is that the Philippine authorities has special program for foreign pensioners called the Special Resident Retirees Visa (SRRV).

Also, if you're married to a Filipino lady, you can apply 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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