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Cost Of Living Philippines: Feel Rich With A Thousand Bucks Monthly
This article is for folks who are wondering how to retire to philippines.
Fortunately, you may still find places in the world wherein anybody can live quite a bit under $1000 and one of them is the Philippines. So, considering the Philippines living costs, how far will your $1000 go if you're wondering how to retire in philippines?
1. The $300 monthly rent
You can easily rent out a nice flat or a home for merely $300 every month in urban cities like Cebu and Davao, excluding home furniture. You can actually rent a fully-furnished flat if you're prepared to pay for a little more.
2. The $200 food budget
If you're living alone or with your Filipino wife, you can have a food spending budget of $200 per month. Needless to say, it doesn't pay for dining at a Hilton hotel (yes, there are Hilton hotels in the Philippines).
3. The $12 hospital visit
Skip the general public hospitals, dropping by respectable private clinics in places like Cebu will cost you no more than $12 in doctor's fees. If you are on prescription medication, one can find chain store pharmacies that retail doctor prescribed medicine from the USA and other countries.
Summing it all, the cost of living in the Philippines is a lot lesser than in remote locations in Asia. The good thing about it is the fact that the Philippine authorities bears unique program for foreign retirees called the Special Resident Retirees Visa (SRRV).
Also, if you're married to a Filipino woman, you can make an application for a 13A visa, or 13B visa if you are single and simply want to know how to retire in the philippines.
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