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Post: Why Retire in the Philippines Expat?

This forum post has messages dated from 04/08/10 through 05/18/12, please be sure to read all the messages. If you feel it is old or outdated, please follow up with a question or comment and someone may be able to update it, or reply with newer information if you have it.


Forum Post
04/08/10 02:41
Raleigh, North Carolina

Post: Why Retire in the Philippines Expat?

Thank author of this post/comment

http://philippineliving.wordpress.com/ click here to go to site and read complete article and get resouces for retiring in the Philipines

Also check out previous Philippine Bargains Articles here on frugal living Philippines
Why Retire in the Philippines Expat?
Live in the Philippines on $500 per Month
Living in the Philippines on $770 a Month
The Cheapskate Guide: 50 Tips for Frugal Living

Also read my Living in the Philippines Retirement blog here which has one blogger writing he can live on $700 a month
http://philippineliving.wordpress.com/


Comment #1
04/08/10 03:11
SL City
Thank author of this post/comment"Cost of retiring in the Philippines"

Is that really true? Can you honestly live comfortably in the Philippines for just US$700 a month?! Thats amazing!

I was hoping to rent an apartment in the city, just a studio or one bedroom is fine. How much would that cost per month in a nice safe area?


Comment #2
04/08/10 03:13
Atlanta, Georgia
Thank author of this post/comment"You CAN live Cheap in the Philippines"

of course cheap and safe or cheap and good food may not be combinations that go together, but there are untold opportunities to live cheap in the Philippines!

Comment #3
04/08/10 21:35
Holy Land
Thank author of this post/comment"Less than $400 a month"

@curious cat

There are a lot of studio type apartments and condominiums in the Philippines that will only cost you about P5, 000 to P10, 000 a month (which is about $110 to $220 on current exchange rates). I'm telling you, living in a place for about P10, 000 a month isn't cheap in the Philippines. But for foreigners, that is definitely a good deal. However, if you decide to live in a hotel or condotels, don't expect a price like that. Most hotels in the country runs a rate of about P1, 500 to P7, 500 a day, depending on the quality of service they offer as well as the popularity of the place as a good place to stay. Most five star hotels run a rate of P4, 900 a night, as their lowest price.

Regarding safe areas, the whole of Metro Manila is safe if you take necessary precautions. The City of Manila is safe especially if you are in the main roads, which houses most of the cheap apartments and condos. If you decide to go on narrow streets and corners at night, take extra safety measures. Makati is definitely safe as well as the Ortigas area in Mandaluyong. Quezon City is pretty safe, although the northern part of the city is quite notorious for night crimes.

Definitely, you can live in the Philippines the cheapest you can imagine. As a matter of fact, you can have a relatively happy and 'normal' life for less than $400 a month, that is if you are not the type who goes on expensive activities and hobbies.

Always remember that you need to research everything about the place you will be staying for maximum satisfaction. Price, location, the neighborhood and the building itself matters. You can join Pinoy forums or visit real estate websites to ensure you get the best deal.


Comment #4
04/09/10 21:09
SL City
Thank author of this post/comment"Cheap v's Happy"

Edward I know what you mean that cheap and good standards don't really go together, but if central Manila is safe for foreigners and I can get a nice apartment/condo there for 10, 000 (US$220) then I consider that a very good deal! Is that the case, or is the center of Manila more expensive?

Holy Cow, you said Makati is definitely safe...what is it that makes that area particularly safe? Is it a family area? Suburbs? Really boring? I'm young and want to be close to active areas, but of course safety is important.

What else is "cheap" in Philippines? Is the food in the supermarkets good quality? How is the transport? and the clothes shopping?


Comment #5
04/28/10 15:00
jonrivera

"jonrivera"

im considering moving to manila in the next couple months and you can live comfortably for $1000 or under if you do not spend a lot to go out. check out the book on amazon "a man's guide to life and love in the philippines" its the best book i have read with a no holds barred look at all the aspects of living there.

Comment #6
05/18/12 16:51
US, Land
Thank author of this post/comment"why retire"

if the question is why do you choose to retire in the Philippines? The answer is very simple this is because living and retiring in the Philippines gives an ultimate fulfillment to one's life as well as you will attain here a very cost-friendly living unlike in any other places

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