Why Retire in the Philippines?
1. Cost
One reason why outsourcing business has been considered the most promising sunrise industry in the Philippines is because companies in the U.S.A., England and Japan save on labor cost by as much as 70% to 80%.
Translate that to your savings in cost of living and you will immediately enjoy your retirement with a sustainable comfortable standard of living that you can easily afford.
Especially during recession, it makes sense to preserve your liquid assets and, because of this, retiring in the Philippines will instantly give you this benefit from the cost advantage point of view.
2. Language
You can talk to almost anyone in the Philippines and you will be astonished by the high literacy of natives in the English language. You may experience grammatical errors here and there but by and large, you will not get lost in the crowd because of this special ability of the Philippine natives.
We give due credit to the U.S. when during the early 20th century while occupying the Philippines, education was given highest priority in government. The Philippine form of government in fact was patterned against that of the United States sans Federalism. The Philippines at this time is looking at a Federal form of government very seriously in the light of the cultural divide in the extreme south of the Philippine archipelago.
Moreover, this explains why Philippines in 2008 has over 1.5 million migrant workers and expatriates all over the world where English is spoken.
3. Filipino Hospitality
Filipinos take special pride in their culture where hospitality is a inherent part of. This has been partly the reason why nurses from the Philippines are in great demand in english speaking nations all over the world.
As in every society, there are elements that are undesirable and we ask that foreigners heed the advice of their government foreign affairs office as to which part of the Philippines is safe for their citizens to reside.
We, in MYPHILIPPINEPROPERTY.COM, offer free advice on this.
4. Medical Care
Our hospitals have been accredited by major health insurance companies in the world. Some of these hospitals are: St. Luke's Hospital, Makati Medical Center and the Asian Hospital.
This gives high confidence to our tourism government officials to promote the country as a premier medical tourist destination.
5. Weather and Climate
The Philippines has only two seasons: rainy and dry seasons. We have no extreme seasons such as the winter in the western countries and the extremely hot summer in the Middle East and part of Europe. The tropical climate is very conducive to a very comfortable and healthy retirement. March to May is hot and dry. June to October is rainy, November to February is cool. Average temperatures: 78F/25C to 90F/32C; humidity is 77%.
6. Tourist Destinations
Philippines can provide the retirees almost endless choices of world-class destinations that will bring them closer to Mother Nature with clean air and beautiful sceneries. The white sand beaches of Boracay and Panglao and the virgin islands of Palawan often referred to as “the last frontier” are truly unforgettable places that entice the visitors to come back in the Philippines.
7. Government support
The Philippine Retirement Authority (PRA) prides itself on the after-membership service that it provides to the retirees. During their stay in the country, they can consider PRA as their second family. PRA helps them address their needs. If and when they encounter any problem, PRA is with them every inch of the way..