Retiring in the Philippines

[marklovetina 52]

And for sure, there is a lot of different kind of nightlife ! Karokee bars, discos and girliebars. for the old Perverts!

lolz!! then ur very wrong sir on that!!!, our place is not like that... if there is its very limited only, foreigners who lives here are not too many, uhmmm but honestly foreigners now noticing our place i see lots of them when i am in the mall... they starting to love our place, coz peace and quite... :thumbs:

our place is know for VIGAN NG KATIMUGANG TAGALOG... :thumbs:

[oliver-chris 3]

Two words for Baguio. Air pollution.

TRAFFIC

Edited April 12, 2010 by oliver-chris

[oliver-chris 3]

Retirement is still too early to think about ..but we are still considering building a house so we can be comfortable whenever we visit the Philippines and we can invite our friends and relatives over .

[**ash(16)jOhn** 1]

I love putting the cart before the horse (heck we just got the NOA1) but I am getting up there in age and a person needs to think of their options...

After hundreds of hours of talking with my love, we have covered many subjects as we have gotten to know each other. One of our conversations revolves around where we would retire. She is from the far north of the Phils and has a great established family there. I live in Minnesota where it is very cold in the winter and I don't have a large family.

I love the thought of living out our lives together on a quiet beach and just watching the sunset and maybe occaisionally watching the sunrise. Financially if things go as planned we should be able to make this dream come true.

Is there anyone else that is contemplating something like this???

thats 'our' plan......

myb someday all us VJ's could meet 4 coffee .

enjoy the jouney...

[Filipinawife0210 15]

My wife and I will be retiring in Pampanga. We are pplacing the down payment on our house in September. She has a sister who will be watching construction for us, and will stay in the house until we get over there full time. You can't beat the finance rates over there. I have a few years left before we can get there full time, but at least we'll have a place to stay when we visit.

[sjr09 155]

My wife and I will be retiring in Pampanga. We are pplacing the down payment on our house in September. She has a sister who will be watching construction for us, and will stay in the house until we get over there full time. You can't beat the finance rates over there. I have a few years left before we can get there full time, but at least we'll have a place to stay when we visit.

Hope she is an architect, design and construction builder all rolled into one?

[sjr09 155]

As one member posted "I love putting the cart before the horse."

Careful Planning is advised.

It is frequently reported that the divorce rate in America is 50%. This data is not accurately correct, however, it is reasonably close to actual. The Americans for Divorce Reform estimates that "Probably, 40 or possibly even 50 percent of marriages will end in divorce if current trends continue.", which is actually a projection.

The divorce rate in America for first marriage, vs second or third marriage

50% percent of first marriages, 67% of second and 74% of third marriages end in divorce, according to Jennifer Baker of the Forest Institute of Professional Psychology in Springfield, Missouri."

Just some food for thought!

[Matt & Bing 56]

As one member posted "I love putting the cart before the horse."

Careful Planning is advised.

It is frequently reported that the divorce rate in America is 50%. This data is not accurately correct, however, it is reasonably close to actual. The Americans for Divorce Reform estimates that "Probably, 40 or possibly even 50 percent of marriages will end in divorce if current trends continue.", which is actually a projection.

The divorce rate in America for first marriage, vs second or third marriage

50% percent of first marriages, 67% of second and 74% of third marriages end in divorce, according to Jennifer Baker of the Forest Institute of Professional Psychology in Springfield, Missouri."

Just some food for thought!

Yea, well I bet the divorce rate for Americans marrying Filipinas is much lower!

[sjr09 155]

Yea, well I bet the divorce rate for Americans marrying Filipinas is much lower!

What's your source?

[sjr09 155]

Divorce rates of all countries, compared to U.S.:

Country Divorce Rate Rate as % of US Rate

(Per 1000 population

per year)

Sri Lanka 0.15 3.03%

Brazil 0.26 5.25%

Italy 0.27 5.45%

Mexico 0.33 6.67%

Turkey 0.37 7.47%

Mongolia 0.37 7.47%

Chile 0.38 7.68%

Jamaica 0.38 7.68%

Cyprus 0.39 7.88%

El Salvador 0.41 8.28%

Ecuador 0.42 8.48%

Mauritius 0.47 9.49%

Thailand 0.58 11.72%

Syria 0.65 13.13%

Panama 0.68 13.74%

Brunei 0.72 14.55%

Greece 0.76 15.35%

China 0.79 15.96%

Singapore 0.80 16.16%

Tunisia 0.82 16.57%

Albania 0.83 16.77%

Portugal 0.88 17.78%

Korea 0.88 17.78%

Trinidad 0.97 19.60%

Qatar 0.97 19.60%

Guadeloupe 1.18 23.84%

Barbados 1.21 24.44%

Finland 1.85 37.37%

Canada 2.46 49.70%

Australia 2.52 50.91%

New Zealand 2.63 53.13%

Denmark 2.81 56.77%

United Kingdom 3.08 62.22%

Russia 3.36 67.88%

Puerto Rico 4.47 90.30%

US 4.95 100.00%

Catholic Annulment Statistics Worldwide:

"For the year 2002: of the 56,236 ordinary hearings for a declaration of

nullity, 46,092 received an affirmative sentence. Of these, 343 were handed

out in Africa, 676 in Oceania, 1,562 in Asia, 8,855 in Europe and 36,656 in

America, of which 30,968 in North America and 5,688 in Central and South

America."

[RDDIXON 0]

we are staying in the USA long enough for me to get my US citizenship. we leave before then and i would lose my GC. US citizen... i'd be so proud to be an american citizen!

[sjr09 155]

we are staying in the USA long enough for me to get my US citizenship. we leave before then and i would lose my GC. US citizen... i'd be so proud to be an american citizen!

?

[eros_EX_Plumber 0]

As one member posted "I love putting the cart before the horse."

Careful Planning is advised.

It is frequently reported that the divorce rate in America is 50%. This data is not accurately correct, however, it is reasonably close to actual. The Americans for Divorce Reform estimates that "Probably, 40 or possibly even 50 percent of marriages will end in divorce if current trends continue.", which is actually a projection.

The divorce rate in America for first marriage, vs second or third marriage

50% percent of first marriages, 67% of second and 74% of third marriages end in divorce, according to Jennifer Baker of the Forest Institute of Professional Psychology in Springfield, Missouri."

Just some food for thought!

Good Advice...

but most of the readers here, are in their HONEYMOON stage....because they have been waiting so long to be re-united, so they are seeing the world in rosy glasses at the moment.

My concern is, how many relationships actually survive after the 3rd-4th year....

maybe I am a bit biased regarding this, due to my own personal experience.

my best wishes to all...but being a bit careful today in order not be really sorry tomorrow is always a good advice.

[psycons12 0]

it's not completely retiring in the Philippines,on winter time to go home in the Phil back to the US after.My fiancee own a beach resort in cebu just fully paid last 2008 but love to own one for ours in the future.the one in cebu will be for his ex and son.we both love sunset and fresh fish from the ocean eyeing one in guimaras or samal in davao....

we are in

[WorriedPinay2 0]

I completely understand the desire to retire in the Philippines and a lot of good advice has been given on this topic. There is one point that has been touched on but i don't think has been made clear. Foreigners can not own property in the Philippines. Why are so many in a rush to buy property when you can rent so cheaply and not have to worry about losing your investment. If you buy the property will have to be solely in your Philippine spouses name. In the unlikely event you divorce or god forbid they die, you lose everything. Also, why put up all of that cash upfront (PI financing is almost always very short term) when you can rent beautiful houses for very cheap. I was renting a 4 bedroom, 3 bath with a seperate maids room for only $300.00 a month. Before that it was a slightly smaller place for 250.00 a month. Thankfully I didnt buy the first one because it turned out I didnt like the area and all I had to do was pack and leave. No worries about trying to sell.

I know we are all supposed to be so postive on VJ, but I would be very cautious if my new spouse was already trying to get me to buy property in the PI. There are many cases of foreigners buying homes and then losing evrything in the divorce. All the PI spouse has to do is say get out of MY house and you have nothing.

Oh yea, you can form a corporation with your spouse and buy in a corportae name. The corporation will still be 60/40 and as the spouse has the higher share who do you think will come out on top in the PI courts. Plus there are additonal costs inn forming that corporation.

Edited April 17, 2010 by WorriedPinay2