Are you thinking of setting up your home to another country to enjoy expatriate life during your retirement years? If you’re seeking a new experience in a country with warm people, a tropical climate the whole year round, and where your money can go further, then the Philippines is definitely a country worth considering.
An archipelago located in Southeast Asia and consists of more than 7,000 islands, the Philippines is famous for its tropical weather, pristine beaches, friendly and family-centered people, and low cost of living. It’s no wonder why the opportunity of retirement in the Philippines attracts people from all around the globe.
The great news is that this beautiful country welcomes expats with open arms. As a matter of fact, the Philippines has a special government agency, the Philippine Retirement Authority (PRA), dedicated to the promotion as well as for providing assistance for foreign nationals who want to retire in the country.
But before you jump in and book your ticket to spend your dream retirement in the country’s stunning beaches, it pays to know as much as you can so you’re able to plan your retirement well.
Here’s a comprehensive guide designed to help foreign nationals plan their retirement in the Philippines.

One of the attractive reasons why the Philippines is considered one of the world’s best places to retire is its relatively cheap cost of living.
Retirees can lead a comfortable life in the country for less than US$1,000 per month. That already covers accommodation, dining out, utilities, and travel in domestic locations.
In addition, the Philippines also offers a number of potentially good business and investment opportunities, thanks to its steady economic growth and development.