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:: RETIREMENT
Filipinos are known for being caring
and respectful, especially for the elderly.
A survey conducted in March 2005 by ECA International (Employment Conditions Abroad Ltd.) of 32 countries said: “The Philippines has the lowest living costs for expatriates...It is the cheapest country to live in...”
Retirees will find the Philippines as an ideal place to live in.
Filipinos are known for being caring and respectful, especially for senior citizens. It's not unusual for them to gently kiss the hand of the elderly, as a gesture of reverence and respect. It's an integral part of Filipino culture.
Senior expatriates settling down in the country can avail of the incentives extended to Special Resident Retiree's Visa (SRRV) holders.
SRRV Benefits
1. Option to retire permanently
2. Multiple-entry privileges
3. Exemptions from income tax, customs, duties, and travel tax
Internationally accredited medical facilities can provide healthcare services that are equally good (if not better compared to institutions abroad for a more affordable cost. The low cost of living in the Philippines enables retiring seniors to live like a kind (or queen!), without a hole in their pockets.
Thus, those who want to get the most out of their hard-earned money would choose the Philippines as a great place to retire.
visit http://www.pra.gov.ph/