´ó¿§¸£ÀûÓ°Ôº

MELVYN P wrote:

Hi thanks for reply im looking at at approx 60k a month there will be no rent i will by house plus a possible 10million peso from sale of house i will never return turn GB do you think i could live on 60k peso per month. also what visa would i want i dont wont a lot of hassle at my age.
                                                               Melvyn

Not a good idea to buy a house right away, make sure you want to live in a particular area first.  Best to rent for a year.

MELVYN P wrote:

Hi thanks for reply im looking at at approx 60k a month there will be no rent i will by house plus a possible 10million peso from sale of house i will never return turn GB do you think i could live on 60k peso per month. also what visa would i want i dont wont a lot of hassle at my age.
                                                               Melvyn

The Retirement Visa would be best for less hassle.
you just need to deposit US$10,000 and prove US$800.00 per month pension.
You can put that US$10,000 towards buying a condo, if it costs at least US$50,000.

The retirement visa is renewed every year for currently US$360.  The application fee is: US$1,400

A tourists Visa means renewing it every two months, (or 6 months at some oiffices) and then taking a trip out of the country every 18-24 months, and start again.  Visa renewals would cost a bit more than PHP20,000 (US$500) per year.

PHP60,000 per year with no rent looks like a reasonable life. Not extravagant though.
Some have said that you can live like a king on that...  Its not my idea of a Kings lifestyle though

Edit: The Philippines Government often price things in US$. 
eg:  The price for an ACR I-card (which you will need renewed each year) is quoted as PHP500 plus US$50..

arabianfalcon wrote:

you may inquire at our immigrations office here in Manila. i know our gov't has a program for foreign retirees. with your 10M you will live like a King in the Philippines. all you need is find a trustworthy person. i'll leave u my contact nos and should you need assistance pls do not hesitate to contact me +63 9151214084 - Alan

I've been told many times that I could live like a king in the Philippines, but the definition of "living like a king" leaves a lot of room for discussion.  I spend almost a million pesos a year here, on average, and in no way do I live like a king.
My ideal budget for a really nice lifestyle here (but even then, NOT like a king) would be nearer 160,000 pesos per month, or 2 million per year.

arabianfalcon wrote:

ABCDiamond u must have a very high standard of living....only the wealthy Pinoy's can afford to spend a million pesos a year to live in Manila but hold on if I win the lottery jackpot I will try to spend a million pesos a day to experience a good life in Manila hehehehe

Standard of living by what standard ?  THAT is the point..  By Pinoy standards YES, but we are discussing what expats want and need.

My standard of living here is lower than it was in Australia or UK, at 80,000 per month (1 mill per year). My rent takes half of that figure.

I have a decent one bedroom small apartment of about 70sqm, but it has hot water at ALL taps, bathroom and kitchen
I rarely eat out at restaurants, we mainly cook.
I avoid using the Air Con, as the electric bill may go too high.

It is important for expats to look at the real comparison for the lifestyle they want.  If they wish to live like locals, then yes, it will be cheaper, but if they wish to live a similar lifestyle to their old country, in this case the UK, then it may not be as cheap as they expect.

mugtech wrote:

Why come to the Philippines to live the same lifestyle as at home?
For the typhoons?
For the floods?
For the humidity?

Many people come because they think it is a LOT cheaper in the Philippines, thinking they can live like kings.

Weatherwise though, typhoons and floods don't hit everywhere in the Philippines.

Humidity needs some getting used to if coming from UK, but can be similar to some parts of Australia,

MELVYN P wrote:

Hi, I will be moving to the phippines but so much i need to know, How much money can i carry in cheque or cash,what is the best way to send a large amount as i will be selling my proerty here and getting married and buying a house. what can any one tell me about pensions. by the way im 72 is there an age limit to be let in. if any one can help on any thing i should know please tell

                                                   Thanks     
                                                                   Melvyn

Hi Melvyn,
If you have never been to the Philippines before, you should hold your horses and go over and have a look round first. Its totally different to the UK in every possible way. Over population, pollution, poverty and of course the toilets are beyond belief. After saying that. I lived there for a while and I love it. Being born in Africa may have helped.
Be VERY VERY careful buying a house. Foreigners arent allowed to own property. Except a condo. So your wife will be the proud owner for you. Which is fine till the shite hits the fan and you have to leave empty handed. My advice. leave some money at home for emergencies. Everyone you meet will want to get money out of you. You WILL be responsible for your wifes family too.
Living a western style life in the Philippines is expensive. But your 60,000 pesos (about 900 pounds) will do you fine. You have to buy all medication and pay for every single thing if you're hospitalised. From your meds to syringes, needles tubes, doctors, room, food etc etc. So hope you have or can get insurance.
Thats about it for starters. My biggest number one advice would be to go there and check it out first. BEFORE selling anything

giovannigio wrote:

i agree with you violet23, every where there is good and bad people.
i have a question,
what change after marriage? i mean what i can do after marriage? like before marriage i can't buy house, and also after marriage i can't buy house, so i am asking, what change,  how about visa? can change some thing ? can i have visa easy and for a cheaper price then with turist visa?
thanks

If you ENTER the Philippines with your Filipino spouse, you get a one year free visa, the balikbayan visa.


Then there is the marriage visa