|
| Home | Ask the Retirement Expert | Retirement Archive | Retirement RSS Feeds | Advertise | Sitemap |
Overseas Retirement Places: the Philippines |
|
contribute to this site?
Retirement Menu |
Overseas Retirement Places: the PhilippinesBy Will Irwin Philippines - February 1, 2010 - "One of the best places to retire overseas has to be the Philippines because it is developing fast at this moment hence opportunities are abundant for expats and investors, especially in Samar, Romblon and Tablas" says author Will Irwin who is currently writing his next book 'The Coming Real Estate Boom in the Philippines'. The Philippines is known as an overseas retirement haven for both Filipinos and non- Filipinos; cost of living is about 20% compared with the USA and Europe; for US$ 90.00 per month you have a maid and for US$ 200.00 a private nurse. Many Philippine retirement villages are popping up in places you never read about in the media because it is in a developing stage. However this is exact the reason why those locations might be the best choice; prices of real estate are still low. Huge profits are also being made in real estate investment with any new retirement community in the Philippines; however prices are going up as we speak. As a sideline, 'sustainable organic farming' is developing near the retirement villages; a group of non-Filipinos has started a 50 hectare farm with Pili trees. It is a welcome alternative for the usually offered Philippine investment opportunity; condotels. The group is expanding their business with honey bees for organic honey and not only the 'bigger players' (they are looking for investors-) can make a good profit but really any expat or retiree who wants to buy a few hectare; this provides for a nice monthly supplemental income. One of their secrets to success is the fact that they are 'foreigners' who can assist 'other foreigners' in any aspect of starting a business or buying real estate; they think alike. Some expats are interested in a vegetable farm, flower farm, mango farm, goat farm, rice farm, poultry farm, piggery (hog) farm, game farm, dairy farm, cattle farm or bee farm. Mr. Irwin mentions Samar, Romblon and Tablas as one of the best places for retirement overseas because most beaches are comparable with Boracay (a popular tourist destination in the Philippines); the big difference is found in the cost. You can still secure a fantastic, pristine, clean and private beach fronting land for much less than what you have to pay at Boracay. Samar, Romblon and Tablas have adopted the 'zero waste and zero pollution policy' to safeguard their environment so their future looks bright. With about one million tourists per year visiting Boracay, investors are now looking at Tablas Island (less than 30 minutes by boat) to develop a golfcourse and resorts where tourists can escape the 'Sun, Sand and Party' of Boracay and enjoy the quietness of nature as it should be. Some Philippine retirement communities are focussed on 'themes' like Spanish Villas or American style homes while other retirement villages are catering to Japanese, Koreans, Germans, Americans, Australians or other nationals.
Will Irwin is researching all aspects of this
exciting 'Overseas Retirement Venture' to use
in his books and as an appointed consultant
he is creating a database of persons who are
involved; he can be contacted at
http://www.sibonga.com/contact_us.htm
|
 |
| Home | Ask the Retirement Expert | Retirement Archive | Retirement RSS Feeds | Advertise | Sitemap |
Copyright © Retirement Yes, 2006. All rights reserved.
Contact Us