Article: Cost of Living For a Retiree in the Philippines - 5 Key Elements to Consider

[KeithD]

You can view the page at http://filipinaroses.com/content.php...ts-to-Consider

[SteveL]

Without a doubt, the biggest expense us LUBS (Loved Up BritS) will encounter by marrying a filipino is the cost of housing. She Who Must Be Obeyed comes from Dipolog and we've already purchased a 10,000 sqm plot of land that were going to build a house on (shades of Petchachelli hehe). The great thing about building in Phil is you can do it by installments, the Japanese house down the road from her took over 3 years to finish. But as everyone here will know, 100k in Phil will build you South Fork so who can complain.

[maria_and_matt]

wow 10,000 sqm is huge

[Don Hooker]

An important issue is that as we get older, we generally tend to degenerate in terms of health - as there is no equivalent of the National Health Service - unless you are privy to comprehensive health insurance, you might well run into financial problems in terms of meeting the cost of medical and or health care bills.

[jimeve]

Thats a very big issue over there, private health,
the older you get more expensive it becomes.

[johncar54]

Thats a very big issue over there, private health,
the older you get more expensive it becomes.

And not just 'over there.'

My last renewal for Axa / PPP, a couple of years ago, was just over £3,000 for just me.

I had been with them over 30 years and as I got older and made some claims my premiums shot up

The year before I cancelled they had offered me a 'special discount' if I did not publish my views on their `policy to get members to leave when they started making claims.'

In my 'research' I had called them for a quote, as a new customer, using a fictitious name but answering everything else correctly. I said I did not have any pre-exiting conditions. The quote was almost 2 thousand pounds less that my renewal quote. It was when I 'discussed' this with them that they offered me the 'special discount' to keep quite.

One problem with almost all private cover is that if you change companies they will exclude existing conditions, thus one can end up with no cover in effect.

[SteveL]

35 peso per sq metre

[fred]

If you cant afford to pay for medical emergencies then dont live here..If you have advance notice of a serious medical issue,go to the UK and use the NHS.(if you feel you are entitled)
GET Phil health!! If you need to be admitted you will get near enough 50% off!! Not bad for 20 Quid a year and that includes your immediate family too!

[RickyR]

I've got Bupa through work, which covers all the best hospitals in Manila, however it has no coverage in Cebu or anywhere else in the Philippines...

[somebody]

Also as we have mainly heard from Westerners. Make sure all parties are happy. Although the Wife misses Phill the friends,families and the people sights and smells etc.

The Wife has now spent 20 percent of her life in the Uk and made good friends, a career and way of living she has grown accustomed to. Not Just she can buy what she likes with in reason, she has a healthcare system which has benefited her greatly for various reasons. She can provide for her family out of her wage with ease.

Plenty of people who have every opportunity to return to their homeland and live the life of Reilly choose to stay in the UK or a third country..

On her recent trip back she had a great time and caught up with everybody but she only mentions later and discretly on im while there how the constant hey rich relative/friend i have a problem you will help me wont you which doesn't affect the majority of family and friends but...

When in Phill with the Missus often favours were asked and always of the Wife. Some people can tolerate this behaviour others cant tolerate this and I think my Wife would be in the latter group.

I would not even think about it if the Phill half does not have Citizenship of the non phills home country. Come across a couple of Wife's who have had to come back as the hubby was to unwell to return/earn some British currency to pay for various "issues" (The wife never asked the full details out of respect as they older ladies )

The Wife also from knows from the local group of one Lady who returned to the UK once the Hubby had popped his cloggs she simply preferred it here and only followed her hubby

The Wife also has as do some of her Brit Phill Mates, found she has got so many Friends and Family who have emigrated abroad that many dont live in Phil any more

Will they return who knows but I see quite a few older Phills living in the Uk and other western countries who seemed to have retired here..