The Cheapest Place In The World To Retire In 2012
Jan. 18, 2012, Olango Island, Philippines: Cebu and Olango islands, the Philippines, qualify as two of the cheapest places in the world to retire overseas in 2012.
Dear Live and Invest Overseas Reader,
"As I young adult," writes Philippines Correspondent Victoria Clair, "I often dreamed of the kind of place where I would like to live...and it never involved snow storms. I dreamed of a tropical paradise where the sun was almost always shining, it never got cold, and I could swim in the ocean whenever I liked. I dreamed of breakfasting on tropical fruits and of sipping mango lassies while feasting on curry at a beachside restaurant.
"Now these dreams have come true. I live on Olango Island in the Philippines.
"Olango Island lies 5 kilometers east of Mactan Island, between the islands of Cebu and Bohol. Olango and its neighboring islets have a total land mass area of approximately 10 square kilometers (about 4 square miles). It's a tiny tropical dream offering much to explore in the way of natural delights, from sandy beaches and rocky shorelines to beds of sea grass, forests of mangrove, and reefs of coral.




