PHILIPPINES A PREFERRED RETIREMENT DESTINATION

MANY foreign retirees from all over the world have chosen the Philippines as their retirement haven. The Philippine Retirement Authority (PRA) has reported that 27,000 foreign retirees, including former Filipinos, from 107 countries are now living in the Philippines through the Special Resident Retiree's Visa (SRRV). Most of the retirees have chosen to stay in Cebu, Angeles (Clark), Olongapo (Subic), Baguio, Davao City, and Metro Manila. The top nationalities are Chinese (People's Republic of China), Korean, Chinese (Taiwan), Japanese, Chinese (Hong Kong), British, Indian, American (former Filipinos), and German.

The PRA offers a range of services, benefits, and comfort to make the retirees' stay worthwhile. The SRRV entitled the holder to multiple-entry privileges with the right to permanent residence in the Philippines. It is issued by the Bureau of Immigration, in connection with the PRA program for foreigners and former Filipinos. Filipino hospitality, diverse culture, English-speaking population, medical and health services, local cuisine, religious freedom, natural attractions, tropical climate, and reasonable cost of living are some reasons cited by retirees in choosing the Philippines as their new home.

Makati City was recently been named by PRA as "most retirement and aging-friendly" city in the country based on criteria from the World Health Organization (WHO). Makati has the most foreign retirees from China, Japan, Korea, Europe and US. Most of them are now Filipino citizens while others have acquired dual citizenship.

Foreign chambers are pushing for the Philippines as a retirement haven. They work with hospitals in the country to institutionalize a system that would allow patients to get hold of their medical records anywhere at any given time. The Retirement & Healthcare Coalition (RHC), composed of American, European, Japanese, and South Korean chambers in the Philippines, said the project is part of initiatives to make the Philippines a preferred haven for foreign retirees. The RHC has been active in the fields of retirement and health care since 2007. Foreign chambers and the RHC also collaborate with Philippine nursing schools in pilot-testing in their curriculum an elderly care module to support public-private efforts to develop the country as prime destination for foreign retirees.

We wish Philippine Retirement Authority General Manager Veredigno P. Atienza, and Retirement and Healthcare Coalition Executive Director Marc Daubenbuechel, all the best and success in their partnership to develop the Philippines into a world-class retirement haven. CONGRATULATIONS AND MABUHAY!

Loading...

Editor’s note:Yahoo Philippines encourages responsible comments that add dimension to the discussion. No bashing or hate speech, please. You can express your opinion without slamming others or making derogatory remarks.

  • Phl, Japan sign P9.6-B ODA projects
    Phl, Japan sign P9.6-B ODA projects

    The Philippines and Japan have signed agreements for six official development assistance (ODA) projects amounting to 22.289 billion yen or around P9.6 billion. Foreign Affairs Secretary Albert del Rosario and Japanese Ambassador Kazuhide Ishikawa signed and exchanged notes on Thursday for four of the projects amounting to 2.789 billion yen or around P1.195 billion. …

  • Commission to launch glossary of Pinoy meteorological terms
    Commission to launch glossary of Pinoy meteorological terms

    The Komisyon sa Wikang Filipino (KWF) will release a glossary of meteorological terms in Filipino to help the Filipino people better understand weather forecasts and instill disaster awareness among them. National Artist for Literature and KWF president Virgilio Almario said yesterday the KWF produced the glossary titled Patnubay sa Weder Forkast to simplify scientific terms used in the weather bulletins of the Philippine Atmospheric Geophysical and Astronomical Services Administration …

  • Divorce bill good scapegoat for couples – CBCP
    Divorce bill good scapegoat for couples – CBCP

    Contrary to what romance novel writers would want their readers to believe, there are no perfect marriages in the real world. This was according to Catholic Bishops’ Conference of the Philippines (CBCP) president Lingayen-Dagupan Archbishop Socrates Villegas. In a statement titled “CBCP Position Against the Divorce Bill and Against the Decriminalization of Adultery and Concubinage,” Villegas said that while it is not easy to make relationships last, learning how to work out differences – and …

  • DND holds off infra dev’t in Pag-Asa
    DND holds off infra dev’t in Pag-Asa

    The defense department is holding off repairs and other planned infrastructure projects on Pag-Asa Island, one of seven islets and two reefs occupied by Filipino troops in the disputed Spratly Islands. Earlier, Foreign Affairs Secretary Albert del Rosario pointed out that the maintenance and repair of facilities in Pag-Asa Island are not covered by the Declaration of Conduct (DOC) of parties involved in the West Philippine Sea territorial disputes. “Repair and maintenance is okay but before …

  • Blackout to hit 5 Aurora towns
    Blackout to hit 5 Aurora towns

    An 11-hour power outage will hit five towns in Aurora on Tuesday, the National Grid Corp. of the Philippines (NGCP) announced yesterday. The NGCP said Baler, Dingalan, San Luis, Ma. Aurora and Dipaculao would be affected by the blackout. The NGCP said parts of Nueva Ecija and Aurora were hit by a power interruption yesterday due to the tripping of the Cabanatuan-Baler 69kV line. …

  • Rules set for climate change programs
    Rules set for climate change programs

    The Department of Budget and Management (DBM) and the Climate Change Commission (CCC) have released the revised guidelines to track and monitor climate change adaptation programs of the government. “The government of the Philippines has demonstrated leadership and strong commitment in implementing a comprehensive reform agenda to respond to climate change,” read the joint memorandum circular published in The STAR yesterday. “With the goal of using the budget process to plan, prioritize and …

  • It’s time to move on– Speaker
    It’s time to move on– Speaker

    The nation can now move on as President Aquino has satisfactorily explained his side on the Mamasapano incident for which he even begged for understanding, lawmakers led by Speaker Feliciano Belmonte Jr. said yesterday. …

  • ToyotaPH continues it’s strong sales in February
    ToyotaPH continues it’s strong sales in February

    Toyota Motor Philippines (TMP) sustains its strong sales in its February performance. Toyota’s strong performance last month was due to the  high demand of the Vios, with sales of 2,012 units and of course the rest of Toyota’s line up such as the Fortuner, Innova, Wigo, Hilux, Avanza and Corolla Altis. Toyota’s luxury brand, Lexus, recorded 60 units last month. …

POLL

Should Aquino be held accountable over the Mamasapano operations?

Loading...
Poll Choice Options