Photo courtesy of pra.gov.ph
We’re all working incessantly to enjoy 'now' and to prepare for the future. Our golden age is supposed to be a time for reaping the rewards of our hard work. I was asked a couple of times where I want to retire…guys, I just turned a year wiser but do I really look 65?
Come to think of it, I haven’t really thought about it at this point in time but I am sure, this place will be sunny, filled with friendly people and close to nature and recreation. I don’t envision being a hermit and be secluded from everyone. I need the vibe.
Our country has a program called “Smile at Life in the Philippines” being managed by the Philippine Retirement Authority. This is an invitation to our former Filipino citizens and foreign nationals alike to make our country, their second home. Maybe, you’re thinking why you should retire in the Philippines? I challenge you, why not?
We are a tropical island. You can choose from our 1701 island paradise. We have the best healthcare professionals, they are so in demand abroad. We speak English, the universal language. Our being hospitable is known all over the world. We are a friendly bunch (even Starbucks barista asks your name when you order your coffee – talk about personal service!) Our telecommunications infrastructure is world class so you can communicate non-stop to your family and friends back home, in fact Philippines is the text/sms capital of the world. Our literacy rate is high. Unlike our neighboring countries, most of us graduated in our country because there’s really no need to study abroad since our standard of education is world class. Family is at the core of our society being a predominantly Catholic nation. Last but not the least, cost of living here is quite low. Your cents and dollars and yens and euros will have a better mileage.
If you really think about it, this retirement program is great because you can still do business here if you want. You can come in and out of the country as you wish. You don’t get taxed on your pension and annuities – your money is all yours, we don’t take it. You can purchase your own condominium and buy club membership – how about playing golf for 365 days?
What more can you ask for? Philippines, is truly a retirement paradise.