Why Living in the Philippines Is Perfect For Retirees
Published on: June 9, 2021
Updated on: August 5, 2021
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Why should you retire in the Philippines?
There are 7,107 reasons why the Philippines is the Pearl of the Orient. Each of its 7,107 islands is a pocket of paradise. Come hell or high tide, the Philippines will never run out of places that will leave you in awe and things to do. The cost of living is incredibly affordable. The food is great, the weather is fair, the people speak English and are simply the sweetest and the happiest bunch in the world!
Whether you are a returning resident or someone who worked abroad as an overseas Filipino worker (OFW) or a foreigner who fell in love with the country, you are sure to enjoy the many conveniences the Philippines has to offer.
The Philippines climbed the International Living’s Annual Global Retirement Index of “best places to retire” from the 23rd spot in 2015 to the 19th place in 2017. In 2014, it was also named the 8th leading ex-pat destination in the Ex-pat Insider’s Inter Nations Survey.
Your pension will surely go a long way
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- Exemption from customs duties and taxes for one-time importation of household goods and personal effects worth up to USD7,000 from pensions and annuities;
- Exemption from travel tax if the retiree has not stayed in the Philippines for more than one year from the last date of entry;
- Discounts and privileges in select merchant stores; and
- Entitlement to PhilHealth benefits and privileges.
Live in a safe and secure new home
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Enjoy a piece of heaven
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Surround yourself with happy people
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