Expat life in the Philippines offers North Americans a blend of English-speaking convenience, quality private health care at affordable prices, a fairly easy visa process, and locals that will welcome you into the community and make you feel at home.
Offering otherworldly landscapes of tropical beaches and crystal-clear waters, vibrant culture, a low cost of living, rich history, and diverse entertainment options, from gaming to golf, diving to fine dining, and beyond, it’s easy to see why the Philippines is such an attractive retirement destination.
El Nido, Palawan Island, The Philippines…
As a U.S. citizen, you may enter the Philippines without a visa and stay in the country as a tourist for a maximum of 30 days per trip provided your passport has at least six months validity and an ongoing ticket has been purchased.
The Philippine government offers one of the best retirement programs for foreigners that comes with more benefits than any other country in the region and one of the easiest paths to permanent residency in Southeast Asia.
The Classic SRRV is for retirees who intend to use their required visa deposit to buy a condo or acquire a long-term lease of a house and lot.
For foreign buyers, the most straightforward way to legally own real estate is to purchase a condo. The Condominium Act allows non-citizens to hold title to a condo unit in their name, provided that foreign ownership in the entire project does not exceed 40%.
The deposits are $20,000 for applicants aged 50 years old and above without a pension and $10,000 for applicants that are aged 50 plus, with a pension.
If you receive a pension, it should be at least $800 per month for single applicants and $1,000 per month for those with dependents.
In the Philippines, high-end villas and stylish condos with 5-star resort-style amenities are surprisingly affordable. Services that would feel extravagant in the U.S. such as personal chefs, drivers, housekeepers, and private fitness instructors are accessible here on a modest budget.
You could live comfortably here from as little as $1,000 a month. For $2,300 per month, you could enjoy a luxurious lifestyle.
Popular spots for expats include Cebu, Dumaguete, Manila, Subic Bay, and Davao.
Makati City, Manila, The Philippines…
Across Asia, older people are generally treated with respect and warmth, and the Philippines is no exception—Filipino culture places a high value on family, community, and hospitality. Expats are warmly welcomed into neighborhoods, social clubs, and local networks.
Stay diversified,
Lief Simon
Editor, Simon Letter
