Philippines Cost Of Living: Live Like A King At Only A Thousand Bucks Every Month
This article is for folks who are wondering how to retire to philippines.
Thankfully, there are still parts on the planet where you can stay for under $1000 and one of these places is the Philippines. So, bearing in mind the Philippines cost of living, how far can your $1000 go if you're wondering how to retire in philippines?
1. The $300 rent
It is possible to lease a decent apartment or a house for only $300 a month in urban cities such as Cebu and Davao, not including furnishings. You could lease a fully-furnished apartment if you're willing to pay for a little more.
2. The $200 food budget
If you're living alone or along with your Filipino partner, it is possible to have a food spending budget of $200 monthly. Obviously, this doesn't pay for dining at a Hilton hotel (yes, one can find Hilton hotels in the Philippines).
3. The $12 hospital appointment
Forget the general community clinics, visiting reliable private clinics in places like Cebu will cost you a mere $12 in doctor's fees. For anyone who is on medication, there are actually chain store drug stores that offer prescription medicine from America and other countries.
Summing it all, the living expenses in the Philippines is significantly lower than in remote locations in Asia. The advantage of it is that the Philippine government carries special program for foreign retirees called the Special Resident Retirees Visa (SRRV).
Furthermore, if you're married to a Filipino lady, you can apply for a 13A visa, or 13B visa if you are not married and simply want to know how to retire in the philippines.
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