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A New Type Of Philippine Real Estate Investment |
| Written by Webmaster, on Monday, March 01 2010 |
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Enjoy ownership, luxury, & appreciation in a Condo Hotel vacation home! Considering retirement in a
Tropical Climate For many British, Australians and Americans, retirement time is just around the corner. At home, with low interest rates and high cost of living, the prospect of trying to live on a pension, in old age, is a daunting one unless you are prepared to substantially downscale your lifestyle.
For some, moving to retire in another country is an option which has been successful in the past with
Spain, Portugal, Mexico and Puerto Rico being among some of the more popular destinations. But why not consider retiring in the Philippines?
Over the past decade, the Philippines have become a retirement haven for thousands of foreigners,
particularly the Japanese, Korean, and Northern Europeans. Along with Thailand and Malaysia, the
Philippines developed communications, infrastructure, and service delivery systems specifically geared
to meet the needs of foreign retirees. Better yet, unlike most European Countries and South America,
nearly everyone speaks ENGLISH in the Philippines.
The Philippines offers a significantly lower cost of living. The Philippine Peso (PhP) exchange rate is
approximately PhP 48 to $ 1.00 or PhP 96 to 1 Pound Sterling (GBP).
Housing, food, and labor costs Last update: Monday, March 01 2010
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