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Old April 24th, 2013, 02:52 AM   #1
InfinitiFX45
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Retirement Industry

Retirement industry leaders: Long-stay visas will expand PHL 'silver market'
by BM | GMA News | Tuesday | April 23, 2013 11:57pm

The Philippines should look into providing long-stay visas, setting up retirement communities and improving its healthcare to attract more retirees to the country, retirement industry stakeholders said at the 3rd Philippine Retirement and Healthcare Summit in Makati on Tuesday.

Long-stay visas would give older tourists the opportunity to see if living in the country would work for them, said one of the summit's speakers.

“Retirees want to test out living in the Philippines and the best way to do that is using long-stay visas that allow visitors to stay in the country for at least six months,” said European Chamber of Commerce of the Philippines (ECCP) external vice-president Henry J. Schumacher, who is also chairman of the Retirement and Healthcare Coalition (RHC).

Tourist visas currently have a validity of 21 days, extendable to 30 days. At the summit, Tourism Undersecretary Daniel G. Corpuz said that the government is discussing the possibility of lengthening this to 90 days.

Schumacher added that making the visas multiple-entry and renewable would make them more attractive to retirees thinking of visiting the Philippines.

Read More: http://www.gmanetwork.com/news/story...-silver-market
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Old April 24th, 2013, 02:20 PM   #2
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We need to be competitive. Our neighbors are actually one of the best retirement havens!

Malaysia, Thailand Among Top Retirement Places

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Malaysia, the only Asian country to make the top five, drew retirees to its shores with its tropical climate, low cost of living and cheap rents, similar factors that boosted Mexico and Costa Rica’s appeal to retirees.

Thailand, praised for its “affordability, exotic locales and outdoor lifestyle,” placed ninth on an annual list of best countries for North Americans to retire to. Thailand and Malaysia were the only Asian countries to place in the Top 10 of the favoured retirement destinations.

...
...
Ireland, France, Portugal and Italy were other EU nations that made the ranking of 22 countries, along with the Philippines and New Zealand, which scored the worst for the cost of living, along with France, but ranked high for integration.
Read more from the link!
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Old April 24th, 2013, 07:13 PM   #3
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True, many Filipinos retire being parasite to thier children because they cannot sustain thier own needs. IMHO, many players (govt and private) will have to work remove such tradition.
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Old April 26th, 2013, 09:09 PM   #4
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Security also is a big factor .. Who cares if its cheap .. Retirees after a whole life working they want a peaceful life.
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Old May 27th, 2013, 09:27 AM   #5
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Foreign chambers piloting PHL takeoff as retirement haven
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THE Retirement & Healthcare Coalition (RHC), an organization formed by the American, European, Japanese and Korean chambers of commerce, held its third summit on Tuesday to promote the Philippines as a retirement and health-care destination at the Dusit Thani Hotel in Makati City.

Expanded to cover two days, the event dubbed “Retirement, Medical Travel & Wellness, Destination Philippines—The Take Off” introduced for the first time various seminars and workshops to go along with the summit.
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Old May 27th, 2013, 09:35 AM   #6
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A Retirement Complex being developed in Dumaguete




http://southseamedicalcity.com/
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Old June 1st, 2013, 03:21 PM   #7
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Just a quick reminder to all SSC forumers to follow this rule when posting quoted materials/write ups on SSC.

General reminder about quoting content

Thanks and have a great weekend everyone!
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Old June 3rd, 2013, 09:17 AM   #8
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Quote:
Originally Posted by Porknight View Post
Security also is a big factor .. Who cares if its cheap .. Retirees after a whole life working they want a peaceful life.
Marami namang lugar sa Pinas ang peaceful and security is not a problem.

Tagaytay, Batangas, Subic, Clark, Palawan are among the best places to retire in the Philippines
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Old June 27th, 2013, 05:03 PM   #9
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Nag-retire na rin ata itong thread na ito..
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Old June 27th, 2013, 06:35 PM   #10
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Quote:
Originally Posted by InfinitiFX45 View Post
Retirement industry leaders: Long-stay visas will expand PHL 'silver market'
by BM | GMA News | Tuesday | April 23, 2013 11:57pm

The Philippines should look into providing long-stay visas, setting up retirement communities and improving its healthcare to attract more retirees to the country, retirement industry stakeholders said at the 3rd Philippine Retirement and Healthcare Summit in Makati on Tuesday.

Long-stay visas would give older tourists the opportunity to see if living in the country would work for them, said one of the summit's speakers.

“Retirees want to test out living in the Philippines and the best way to do that is using long-stay visas that allow visitors to stay in the country for at least six months,” said European Chamber of Commerce of the Philippines (ECCP) external vice-president Henry J. Schumacher, who is also chairman of the Retirement and Healthcare Coalition (RHC).

Tourist visas currently have a validity of 21 days, extendable to 30 days. At the summit, Tourism Undersecretary Daniel G. Corpuz said that the government is discussing the possibility of lengthening this to 90 days.

Schumacher added that making the visas multiple-entry and renewable would make them more attractive to retirees thinking of visiting the Philippines.

Read More: http://www.gmanetwork.com/news/story...-silver-market
The budget to retire there should be based in the average retiree financial benefits amount we received from the country we worked most, example of this is the government pension plan we will receive after we retired.
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Old June 27th, 2013, 06:41 PM   #11
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Quote:
Originally Posted by calaguyo View Post
We need to be competitive. Our neighbors are actually one of the best retirement havens!

Malaysia, Thailand Among Top Retirement Places



Read more from the link!

Maybe to bring the cost further down is to have a sustainable self-sufficent, and self-reliant livelihood program with a farm near the retirement village where they could get their food source. Also using light but strong building materials for the homes and a solar panel for every roof could help subside the cost of living, to bring down the monthly rent.
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Old August 1st, 2013, 06:06 PM   #12
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Fil-Ams urged to retire in PH

The Philippine government is trying to entice Filipinos abroad to go home for their retirement. But some in New York are not sold yet on that idea.
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Old August 18th, 2013, 12:18 PM   #13
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Japanese firm proposes retirement facility in SRP
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Cebu City Mayor Michael Rama is studying a proposal for the establishment of a retirement facility at the South Road Properties (SRP).

He said a Fukouka City-based firm i-Land Co., Ltd. is interested in putting up the “Japan Longstay Paradise, Cebu” to cater to “active and assisted living Japanese seniors in Cebu City.”inquirerdotnet on Twitter | inquirerdotnet on Facebook
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Old August 18th, 2013, 12:20 PM   #14
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Southeast Asia: 4 Options for Enjoying the Most Affordable Retirement on Earth
Quote:
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Philippines. Meanwhile, in the Philippines, financial requirements are low, benefits are generous and a stay of many years is practically guaranteed. More than 27,000 foreigners have retired to the Philippines under the Special Resident Retiree Visa, or SRRV.

Retirees in the Philippines are permitted to hold employment, own a business, attend school, buy a condominium or house (but not the land), receive mortgage financing and enjoy most of the same benefits offered to any citizen of the country. The duty-free importation of household belongings valued up to $7,000 is another benefit of retiring to this country. The SRRV visa never expires: Once you have it, it's a simple matter of reporting to immigration once a year and paying $10 to get your ID card renewed.
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Old August 19th, 2013, 07:28 PM   #15
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the government should add also security .

Cheap mg retire sa pinas pero kung papataying ka naman -- eh di mg retire na lang ako sa medyo mas mahal but safe .
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Old August 20th, 2013, 08:53 AM   #16
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wow, swerte naman nag retire lang pinatay na

doon sa heaven safe mag retire

merong pumapatay sa sarap
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Old August 22nd, 2013, 05:39 AM   #17
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Visa extension attracts more retirees




By Othel V. Campos | Posted on Aug. 22, 2013




Quote:
The Retirement & Healthcare Coalition, a group composed of American, European, Japanese and Korean chambers of commerce, said the six-month visa recently approved by the Immigration Bureau will attract more foreign retirees into the country.



“With the new visa, the Philippines now has a complete visa-portfolio, which will allow it to compete with Thailand and other potential retirement destinations in attracting foreign retirees,” RHC executive director Marc Daubenbuchel said.
http://manilastandardtoday.com/2013/...more-retirees/

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Old August 26th, 2013, 08:17 AM   #18
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Now thats good news!

Especially, when we rarely hear news from this sector.
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Old October 13th, 2013, 06:09 AM   #19
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Make the Philippines your investment, retirement destination, Koreans asked
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Korean retirees and investors were invited to either stay for the long-term in the Philippines or invest in the country.

The invitation came on Friday, days before President Benigno Aquino III is set to pay a visit to Korea on Monday for a two-day meeting to boost both countries’ economic and trade relations.
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Old October 26th, 2013, 09:44 AM   #20
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6 Best Places To Retire Overseas If You're Gay
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The Philippines:

Described as "full of character and color," the Philippines is another of Asia's most established gay destinations. Particularly in the cities, namely Cebu and Manila, the gay scene in the Philippines is thriving, with well-known "hottie lookouts" and vibrant festivals.

Want something more relaxed? Consider Boracay Beach.
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