Here people are open to foreigners. Millions visit the country each year on vacation, and many choose it as the best retirement destination after a life elsewhere. Living standards vary wildly, allowing a retiree to adjust to where they feel most comfortable.
Below are some of the good reasons to move to the Philippines:
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English is an official and widely spoken/understood language.
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The Filipino people are incredibly warm and welcoming.
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The cost of living is comparatively low, even in the three main cities. Luxury living can be had for a fraction of the cost elsewhere. A part-time house helper will cost about $ 50 per month, and a full-time resident will cost less than $ 100 (plus room and board).
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Local markets offer a variety of fresh fruits and vegetables at a reasonable cost. Seafood is also cheap.
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Public transport is developed and widespread. It is easy to live without having a car. Small motorcycles and scooters are popular for personal transportation (although it is not a necessity by any means).
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Tropical weather complemented by excellent eco-tourism destinations, which abound in the country.
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The country is an excellent base for traveling to Asia. When on sale, airfares to Hong Kong, Macau, Malaysia, or Thailand can be less than $ 100 (roundtrip).
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There are a variety of living situations to choose from: major cities offer a fast-paced urban lifestyle, while the surrounding areas offer a peaceful retreat from city life.

Disadvantages of moving to the Philippines
Note: These are common foreign complaints and may not apply to everyone.
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Poverty is widespread, some have a hard time coming to terms with it. Income inequality is tough.
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The government bureaucracy and corruption are real and obvious.
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You will not be able to own lands in your name.
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Business laws and regulations make entrepreneurship difficult.
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It is not easy to find a decent job, much less build a career.
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While many Filipinos are honest, you will always come across someone looking to take advantage of the rich foreigner.
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Depending on the location, the weather can be a serious problem. The country is prone to typhoons, which can cause massive damage in some areas. Meanwhile, summers are very hot, it is not uncommon for overnight temperatures to be 32 C.
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Imported food and products can be expensive.

Visas and work permits

Residence and citizenship

Cost of living in the Philippines
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Rent an apartment/house with 3 rooms in the center of a secondary city: 470-580 USD (15-20% less if it is in the suburbs, in a small town, or rural area).
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There are some internet portals where you can find interesting apartments (mainly in cities) such as Carousell.ph, Lamudi.com.ph, RentPad.ph, or MyProperty.ph. But the best option is the old-fashioned way, walking around the area where you want to live and looking at the “for rent” signs.
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Electricity: It tends to be a bit pricey compared to other costs, about 100 USD / month and even more if the air conditioning is thrown a lot.
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Internet: it varies depending on the rate and contracted provider, but if you want fiber optics (100 Mbps) with certain guarantees, you have to have about 60-90 USD / month. Here are some providers: Converge ICT, Globe Broadband, PLDT Home, SKY Broadband. Another thing is, the internet is one of the weak points for those who want to set up as a freelancer since in many places it is quite poor, at times non-existent.
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Restaurant meal: 4-5 USD per person (half if eaten at street stalls)
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Transportation: Tricycles and jeepneys cost $.20, for trains and buses, it's $0.25 and $0.35, Taxis: 2 to 4 USD each way.
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Nanny, house helper, practically 24/7/365: between 120 and 220 USD (depends on the area).
Summing Up!
A good number of foreigners have been attracted to coming and settling in the Philippines after retirement. This is because the country has great tropical weather and of course, your retirement money can go a long way with the cheap cost of living.
We hope that this post has helped you learn about the necessary information you need if you’re planning to migrate to the Philippines.