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Cost Of Living Philippines: Living Like A King At Only A Thousand Bucks Per Month

This article is for people who are wondering how to retire to philippines.

Luckily, you may still find destinations in the world where you can stay for under $1000 and one of these places is the Philippines. So, keeping in mind the Philippines living costs, how far can your $1000 go if you're wondering how to retire in philippines?

1. The $300 monthly rent

It is possible to lease a decent apartment or a home for just $300 every month in urban cities such as Cebu and Davao, excluding furnishings. It is possible to lease a fully-furnished apartment if you're willing to pay for a bit more.

2. The $200 food budget

When you're living alone or together with your Filipino wife, it is possible to have a food budget of $200 monthly. Obviously, this doesn't cover the cost of eating at a Hilton hotel (yes, you can find Hilton hotels in the Philippines).

3. The $12 hospital visit

Forget the general community clinics, visiting respectable private hospitals in places similar to Cebu cost a maximum of $12 in doctor's fees. If you are on medication, you can find chain store drug stores that offer doctor prescribed medicine from the United States besides other countries.

Summing all of it, the living costs in the Philippines is a lot lower than in other countries in Asia. The advantage of it is that the Philippine authorities has unique program for foreign retired people called the Special Resident Retirees Visa (SRRV).

Additionally, if you're married to a Filipino woman, you can apply for a 13A visa, or 13B visa if you're not married and simply want to know how to retire in the philippines.

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