View Full Version : Philippine Residency and/or Permanent Visa
FreebieFan
09-01-11, 02:17
I am an American citizen though I was not born in the USA but have been here since I was 3 years old. It was all I knew till I went to the Phillippines and OMG! I want to live there! I am 38 and wanted to know the requirements to live there and also to own property and business. Truth is I am a long way from retirement here in the USA but I would love to invest in a business and establish myself financially there. Lets be honest, the USA as we know it is falling apart. Not to mention all those LBFM's calling my name and I want to answer!You arent the first and you surely arent the last to have had a taste of sweet Filipina bilat and now you want it regularly. This forum has many posts on putting up a business (quickest way to make a million in Phils, start with ten million LOL) , on investing etcetc. Some have won in the game many have lost. Read this forum for such posts, read other forums on other sites and slowly you will get the picture that its not quite as easy it might look. There are thieves con artists and struglling nubiles all after your money. Think well, plan well, and maybe consider the Philippines as a vacation destination and not a money making destination. Or wait till its retirement time (as many of us are ).
I am an American citizen though I was not born in the USA but have been here since I was 3 years old. It was all I knew till I went to the Phillippines and OMG! I want to live there! I am 38 and wanted to know the requirements to live there and also to own property and business. Truth is I am a long way from retirement here in the USA but I would love to invest in a business and establish myself financially there. Lets be honest, the USA as we know it is falling apart. Not to mention all those LBFM's calling my name and I want to answer!Http://real-estate-guide.philsite.net/pra.htm
Chocha Monger
09-01-11, 07:10
I am an American citizen though I was not born in the USA but have been here since I was 3 years old. It was all I knew till I went to the Phillippines and OMG! I want to live there! I am 38 and wanted to know the requirements to live there and also to own property and business. Truth is I am a long way from retirement here in the USA but I would love to invest in a business and establish myself financially there. Lets be honest, the USA as we know it is falling apart. Not to mention all those LBFM's calling my name and I want to answer!Ed, don't let all that cheap pussy make you do things you'll surely regret. Use your head, not the small one, the one with your brains. Do a little research and you'll see that as a foreigner you cannot truly own anything in the Philippines and you can be detained and deported on a whim if you become the target of crooked locals or even a jealous neighbor. The Philippines is not a place to make money, it is where you go to spend or lose your money after you've made it. The US may be falling apart but the Philippines is already in pieces. Are you sure those LBFMs are calling your name or the names of the dead presidents in your wallet? You may want to try some extended visits to the country and venture outside of the usual fleshpots then see if you're enamored of anything in the country beyond the pussy. Many have squandered their wealth building houses and attempting to do business there. You will hear many who have done exactly what you wish to do recommend that you don't follow the same path. Save yourself the money and the sorrow. Visit and fuck to your dick's content then return home to your life. Repeat as needed. From your post it seems like it was your first time being paroled from Sex Prison USA, all parolees react the same way when they discover that sex is abundant and actually available to the average man beyond the fence. Your first mongering destination will always have a fond place in your memories but you should visit some other places in order to get a true feel for what will work for you. If investing and doing business outside of the US is your main aim there are better places to do so where gash is also available. However, if fucking your life away at 38 yrs of age is what you truly desire then few places can rival the Philippines as far as providing you ample opportunities to do so in more ways than one.
Ed, don't let all that cheap pussy make you do things you'll surely regret. Use your head, not the small one, the one with your brains. Do a little research and you'll see that as a foreigner you cannot truly own anything in the Philippines and you can be detained and deported on a whim if you become the target of crooked locals or even a jealous neighbor. The Philippines is not a place to make money, it is where you go to spend or lose your money after you've made it. The US may be falling apart but the Philippines is already in pieces. Are you sure those LBFMs are calling your name or the names of the dead presidents in your wallet? You may want to try some extended visits to the country and venture outside of the usual fleshpots then see if you're enamored of anything in the country beyond the pussy. Many have squandered their wealth building houses and attempting to do business there. You will hear many who have done exactly what you wish to do recommend that you don't follow the same path. Save yourself the money and the sorrow. Visit and fuck to your dick's content then return home to your life. Repeat as needed. From your post it seems like it was your first time being paroled from Sex Prison USA, all parolees react the same way when they discover that sex is abundant and actually available to the average man beyond the fence. Your first mongering destination will always have a fond place in your memories but you should visit some other places in order to get a true feel for what will work for you. If investing and doing business outside of the US is your main aim there are better places to do so where gash is also available. However, if fucking your life away at 38 yrs of age is what you truly desire then few places can rival the Philippines as far as providing you ample opportunities to do so in more ways than one.I concur. There are several stories of people loosing their fortune in Phi. Phi is not investor friendly to foreigners except Koreans and Japanese who open businesses through government support. I believe even they have to have a local partner but they will find rich businessmen to partner with. With government support they are not likely to loose.
So unless you have connections do not waste money opening business there. Lots of people including harry the horse have opened businesses married to local women.
There are many people got burned from what you call LBFM. You cannot trust anybody including American expats who live there. Just keep you money here and enjoy LBFM wherever.
Screaming Beaver
09-02-11, 00:00
I am an American citizen though I was not born in the USA but have been here since I was 3 years old. It was all I knew till I went to the Phillippines and OMG! I want to live there! I am 38 and wanted to know the requirements to live there and also to own property and business. Truth is I am a long way from retirement here in the USA but I would love to invest in a business and establish myself financially there. Lets be honest, the USA as we know it is falling apart. Not to mention all those LBFM's calling my name and I want to answer!I just returned from a two week 'business trip' to phils and can only echo what the others have said. It's best to make your money in the west and spend some of it in the Phils on Filipina beaver. At this moment it's clear you are suffering from Beaver Fever after returning back to your home. I don't know about you but I am glad to get back to some of the niceties I can't get in Manila, that being my BMW, Golf Club and great California climate. There is no way I could live in the Phils forever. You only need to read some of the posts from ex-pats here who complain constantly about the living conditions. One guy here even looks forward to escaping to obscure places like Africa to post reports just to get out of Manila. It's easy to become disenfranchised and become basically a bum living in such a lazy country. Don't quit your day job.
I am an American citizen though I was not born in the USA but have been here since I was 3 years old. It was all I knew till I went to the Phillippines and OMG! I want to live there! I am 38 and wanted to know the requirements to live there and also to own property and business. Truth is I am a long way from retirement here in the USA but I would love to invest in a business and establish myself financially there. Lets be honest, the USA as we know it is falling apart. Not to mention all those LBFM's calling my name and I want to answer!I too have done my due diligence in the Phils and have come away with the same conclusion as the others who replied to you. The way to a small fortune in the Phils is typically to start with a large one. There do exist guys who make it go, but they are few and far between, do not allow them to blind you to the reality of many others whose dreams crashed on the rocks of pinoy reality. Don't be stupid like them, make your money in the West and spend it in the Phils, then go back home and make some more.
The time to take up permanent residency in the Phils is when you already have sufficient income from western sources such as savings, pensions, investment income, internet, etc. At that point, you may decide to get involved in something local in order to keep busy, in which case, you should only invest what you can afford to lose because you should be prepared to kiss your investment goodbye.
I too have done my due diligence in the Phils and have come away with the same conclusion as the others who replied to you. The way to a small fortune in the Phils is typically to start with a large one. There do exist guys who make it go, but they are few and far between, do not allow them to blind you to the reality of many others whose dreams crashed on the rocks of pinoy reality. Don't be stupid like them, make your money in the West and spend it in the Phils, then go back home and make some more.
The time to take up permanent residency in the Phils is when you already have sufficient income from western sources such as savings, pensions, investment income, internet, etc. At that point, you may decide to get involved in something local in order to keep busy, in which case, you should only invest what you can afford to lose because you should be prepared to kiss your investment goodbye.The same applies to all those corrupt countries where law is only second, like Philippines, Indonesia, Thailand, Cambodia and Vietnam. One advantage of the Phils is that you can do some work to keep yourself busy. In Thailand the owners of the bars have to sit on the guests' side and give instructions that are not followed.
Chocha Monger
09-03-11, 20:32
An Attorney constantly pimping for clients is probably not worth 2 pesos. Besides, you can fill out the paperwork on your own and bypass the blood suckers all together. The bigger problem you will have is when your newly imported beaver gets her green card. Of course, your friendly attorney who helped you import her to begin with will be happy to take more money from you to undo your first mistake. Best advise, don't go there.Screaming Beaver, thanks to some geezer making the first mistake of importing some prime 19 yr old beaver a few years ago I've been able to bang some wet Flip beaver in the good Ole USA without taking that arduous flight across the Pacific. The old lecher did business with her auntie and kept an eager eye on her for 4 yrs until her eighteenth birthday when he promptly married her and popped her cherry. Her visa arrived when she was 19 yrs old and she received her temporary green card upon entry to the States. She started packing on the pounds upon arrival. Her husband grew desperate as he witnessed the evolution of his fucklet into a piglet. He resorted to Draconian measures like counting the number of shrimp in each pack, she was allowed only 3 for dinner, and inventorying the contents of the refrigerator each time he left her at home and returned. She chafed at the dietary restrictions and the fact that he had the gall to eat at restaurants without her when he exercised his visitation rights with his daughter. She said it was a clear case of mental abuse. So, she started looking for some other sucker. Gramps was holding the reins way too tight for her liking. She also felt that he was being abusive by banging her with his Viagra dick during her menstruation instead of giving her poo-say a break. Soon she was back online chatting dudes. One day, Gramps, sneaky old bastard, caught her in the act. She tried to tell him that she didn't know the dude and he had just popped up in the contacts on her Yahoo Messenger. He wasn't buying it. In a geriatric fit of rage he slammed her head into the ground. She lay there for a few minutes dazed. Then she quickly remembered what they taught her in that class about spousal abuse and her rights in America when she took that mandatory class every Filipina gets before being allowed to depart for the USA. She gathered up herself and called the cops. In a flash Johnny Law arrived and threw Gramps ass in the hucklebuck and dragged him off to jail where he spent a few days as someone's girlfriend. The cash was running low so she got his friend to bail him out as long as he promised to be a good boy and not violate his court order. He knew who was calling the shots now so he acted all remorseful and said that the devil must have gotten into him blinding him with jealousy. He convinced her that he was still madly in love with her and wanted to renew the relationship. And what better way to do it than a trip to Bohol and a visit to her family? So, off they went to the Philippines and everything was great again as in the beginning. They stayed in the best hotels, ate all their meals at restaurants, and Gramps didn't bang her during her periods with his Viagra dick because he could sneak off to the bars. Well, it couldn't last forever and he said he needed to head back to work but there was no reason why she couldn't visit her family a bit longer. He gave her a plane ticket and some cash, made a big show crying at the airport saying he'the be waiting at home for her return. She headed off to the province with her family and had a ball. As the weeks went by the money ran out and she decided it was time to head back to the Promised Land. She packed up her bags and boxes filled with things every vacationing Filipina takes back to the West. She arrived at the airport with her entourage. Everyone was weeping and reminding her of things to send back from the States. She heads to the airline counter and proudly hands the representative her passport, green card and ticket. The representative taps away at her keyboard then a frown comes across his face. He tells her that her ticket is not valid. It's a fake. Security detains her and after a humiliating interrogation she is ejected from the terminal much to the chagrin of her family outside. She tries to call Gramps but the phone number is no longer in service. It slowly dawns on the family that he pulled off a return to sender move hoping to strand her permanently in her homeland. Seeing their one toehold on the Land O' Plenty quickly slipping away they rally together and call a council where it was decided to pawn the family lands in order to purchase Piglet a ticket back to the States.
About a week later she rang the doorbell at her former residence. Gramps answered the door and his eyes almost popped out of his head. He let her in and convinced her it was all a huge misunderstanding. He took some Viagra then told her they should fuck and make up. He poked her and then they fell into a post-coital slumber. At midnight she was roused from her sleep. Gramps was standing over her looking crazy. He waved some documents at her face and told her that they were a divorce decree and restraining order he had obtained while she was in the Philippines. He told her to collect her belongings and leave immediately before he called the law. So, she found her ass sitting after midnight outside the airport in the brutal Detroit winter waiting to book a flight to another state where she had extended family.
She had lived with her husband for only a total of 5 months and she only had a temporary 2 yrs green card. She knew from the immigration classes she took that she could self-petition for a permanent green card if she claimed spousal abuse. She didn't have any money but she was 19 yrs old, Filipina and had pussy. She walked into a lawyer's office, told him what she wanted and a few years later she has her permanent green card. She tells me all this as I try to take a nap between sessions of mounting and pounding her beaver as she makes awful moans and grotesque facial expressions until I bust a nut followed by a rolling dismount.
This girl barely made it through high school in the Philippines but she informs me she has high standards. She has nothing to show for her 23 yrs on this Earth but she swears she has never been fucked by anyone with anything less than a graduate degree. Her ex-husband was a design engineer for a well-known American aircraft manufacturer and among the many guys who banged her and passed her off was an Indian software engineer for Microsoft. It made me feel like I was banging some real high class beaver, and thankful that I never use teeth and tongue on these social climbers only a standing Hampton like nature intended. I found it amusing that I'the found her on a site frequented by mongers and that she wasted no time in deleting her profile when I plugged her hole on the same night we met. Come to think of it, the time from first chat to fuck was a matter of hours. And to think that guys chat with the ones still trapped in the Philippines for months before banging them! Anyway, Piglet has a real appetite. This was the first time I went out with a woman and had to feed her 3 times, twice at night and once in the morning. But I think it was worth it to hear her story and see what a Filipina is like when she hits the States and transitions from skinny sexy fucklet to loud obnoxious piglet. By the way before I banged her I made no secret of having made many trips to the PI, and what and who I did there. She calls me crazy and a womanizer but she hasn't stopped spreading those [CodeWord140] (http://isgprohibitedwords.info?CodeWord=CodeWord140) flaps for me every time I make a booty call. She says she knows why I don't want to get married and have kids, so I can have my freedom to bang any woman I want. She thinks it's a funny puzzler why I don't want to give up my freedom to do that and marry someone like her instead. According to her, she is a way better choice than all the women in the Philippines because they'll just marry me to get to America, but she is already here so she'll do it out of love. Also, all the women in the Philippines are poor, prostitutes and social climbers. She repeatedly swears she married a man more than twice her age for love and not for her green card. She and all the Filipinas who made it to the States are different. It's a waste of time to travel to the Philippines. The ones who will make the best wives are already here. I thank her for her valuable information. I told her I never knew those interesting facts and guided Dirty Harry into her mouth which seemed to be the only time she ceased her incessant chattering apart from when she shoveled generous helpings of fatty foods and rice into her pie hole.
Screaming Beaver
09-04-11, 00:48
Screaming Beaver, thanks to some geezer making the first mistake of importing some prime 19 yr old beaver a few years ago I've been able to bang some wet Flip beaver in the good Ole USA without taking that arduous flight across the Pacific. .I also have maintained friendly relationships with LBFM's turned into little swines after moving to the USA. Old habits die hard for most of them regarding cheating on their man. I bring one in about every 4 months to my city and all it costs me is a cheap Southwest Airline Ticket. After I'm done pecker slapping all of her three holes, I send her back to her hubby who she is very tired of these days.
Severin007
09-08-11, 15:37
I just returned from a two week 'business trip' to phils and can only echo what the others have said. It's best to make your money in the west and spend some of it in the Phils on Filipina beaver. At this moment it's clear you are suffering from Beaver Fever after returning back to your home. I don't know about you but I am glad to get back to some of the niceties I can't get in Manila, that being my BMW, Golf Club and great California climate. There is no way I could live in the Phils forever. You only need to read some of the posts from ex-pats here who complain constantly about the living conditions. One guy here even looks forward to escaping to obscure places like Africa to post reports just to get out of Manila. It's easy to become disenfranchised and become basically a bum living in such a lazy country. Don't quit your day job.I'm from the sf bay area and live in makati. Its absolute paradise here. I've been here 4 years already. Ill never go back.
. Thanks to some geezer making the first mistake of importing some prime 19 yr old beaver a few years ago I've been able to bang some wet Flip beaver in the good Ole USA without taking that arduous flight across the Pacific.
She had lived with her husband for only a total of 5 months and she only had a temporary 2 yrs green card. She knew from the immigration classes she took that she could self-petition for a permanent green card if she claimed spousal abuse. She didn't have any money but she was 19 yrs old, Filipina and had pussy. She walked into a lawyer's office, told him what she wanted and a few years later she has her permanent green card. She tells me all this as I try to take a nap between sessions of mounting and pounding her beaver as she makes awful moans and grotesque facial expressions until I bust a nut followed by a rolling dismount.
I think it was worth it to hear her story and see what a Filipina is like when she hits the States and transitions from skinny sexy fucklet to loud obnoxious piglet.So cynical but so true. Through friendships with many girls I have seen first hand these creepy old guys who 'cultivate' 16 year old province girls until they get to anxiously import their fresh 18 year old asses to their home country. They wonder why it all falls apart so quickly. God what on earth leads them to believe this is in any way sensible behaviour?
AV
FreebieFan
09-09-11, 05:39
So cynical but so true. Through friendships with many girls I have seen first hand these creepy old guys who 'cultivate' 16 year old province girls until they get to anxiously import their fresh 18 year old asses to their home country. They wonder why it all falls apart so quickly. God what on earth leads them to believe this is in any way sensible behaviour?
AVI'm 100% in agreement with you, AV. Before a guy gets into the import business he should think.
1. After I've had her cherry how interesting will she be.
2. Aside from sex and her young smoking hot bod, what else do I like her for.
3. Will she be interesting to talk when the need to bang has gone. In most cases no she won't.
Easier to go to Phils, bang and delight then take the plane home, rather than fill in 100 forms to take a provincial girl home.
Your fiction is getting boring for me.
Detroit? You don't know Detroit.
You're a poser.
Screaming Beaver, .
\to do that and marry someone like her instead. According to her, she is a way better choice than all the women in the Philippines because they'll just marry me to get to America, but she is already here so she'll do it out of love. Also, all the women in the Philippines are poor, prostitutes and social climbers. She repeatedly swears she married a man more than twice her age for love and not for her green card. She and all the Filipinas who made it to the States are different. It's a waste of time to travel to the Philippines. The ones who will make the best wives are already here. I thank her for her valuable information. I told her I never knew those interesting facts and guided Dirty Harry into her mouth which seemed to be the only time she ceased her incessant chattering apart from when she shoveled generous helpings of fatty foods and rice into her pie hole.
Econo Tech
09-09-11, 09:45
I too have done my due diligence in the Phils and have come away with the same conclusion as the others who replied to you. The way to a small fortune in the Phils is typically to start with a large one. There do exist guys who make it go, but they are few and far between, do not allow them to blind you to the reality of many others whose dreams crashed on the rocks of pinoy reality. Don't be stupid like them, make your money in the West and spend it in the Phils, then go back home and make some more.
The time to take up permanent residency in the Phils is when you already have sufficient income from western sources such as savings, pensions, investment income, internet, etc. At that point, you may decide to get involved in something local in order to keep busy, in which case, you should only invest what you can afford to lose because you should be prepared to kiss your investment goodbye.And my 2 cents says, from seeing a friend being harassed, stay out of even local politics, even local volunteering. Never do anything that a local mafia man can see as a threat to his vote base. Even simple efforts like organising road clearing have led to threats with guns and what nots.
Live life. SAFELY!
Can somone please respond to it.
1. I am planning to apply for the PRC. (not sure the name) to get retirement visa. Thinking to buy a condo as investment. I am not sure what happens if I decide to sell my condo, cancel my visa or retirement status and take the money back to my country. For example if I transfer 80, 000 dollars in Philipine, buy a condo in Manila. Then after 2 years sell the condo for 85, 000 dollar and want to take the money back. Can I do that? Is that process very easy or transferring money out of philiipine is complicated? Is there a fee involved. What will be the best bank in Manila to open an account (and easy to transfer money out of philipine with less headache ). Also, if I rent the apartment, can my rent money be deposited in local bank in pesos and then could be wire transferred out of philipine monthly. Is it easy to transfer the money from peso to dollar account? Shoud I open a peso account or dollar account or both? What are the major advantages of getting the retirment visa?
2. Any precautions I need to take before buying a condo? Any advise to buy condo in manila or cebu?
All help appreciated.
Thanks
Can somone please respond to it.
1. I am planning to apply for the PRC. (not sure the name) to get retirement visa. Thinking to buy a condo as investment. I am not sure what happens if I decide to sell my condo, cancel my visa or retirement status and take the money back to my country. For example if I transfer 80, 000 dollars in Philipine, buy a condo in Manila. Then after 2 years sell the condo for 85, 000 dollar and want to take the money back. Can I do that? Is that process very easy or transferring money out of philiipine is complicated? Is there a fee involved. What will be the best bank in Manila to open an account (and easy to transfer money out of philipine with less headache ). Also, if I rent the apartment, can my rent money be deposited in local bank in pesos and then could be wire transferred out of philipine monthly. Is it easy to transfer the money from peso to dollar account? Shoud I open a peso account or dollar account or both? What are the major advantages of getting the retirment visa?
2. Any precautions I need to take before buying a condo? Any advise to buy condo in manila or cebu?
All help appreciated.
ThanksProceed with great caution!
Unless you have lived " in country" for at least six months, and are quite prepared to jeopardise most of your $ 85, 000 DON'T.
Get to know the various areas first. For at least one year, renting is easy and cheap, and then consider buying IF you're thinking is still the same.
As a foreigner you will undoubtedly be overcharged for your condo unit, and should you wish to sell later the chances of selling it at all, could be quite slim. Even at a hefty discount.
The local mortgage market is still in its infancy and finding a local with the will and financial clout to buy you out could be extremely challenging.
By all means visit for an extended period, and decide later.
Yes, you can repatriate your money quite easily, BUT exchange rate penalties and bank charges will take a big bite.
I would recommend that initially you travel on a tourist visa, which are now easily extendable in 59 days segments up to a maximum of two years.
Then, if you still want to go for a retirement visa, the door is always open.
Have fun.
Reporter2010
09-24-11, 17:52
I am planning to apply for the PRC. (not sure the name) to get retirement visa. What are the major advantages of getting the retirment visa?I guess you're thinking of the Philippines Retirement Authority (PRA). You can read the official view of what they have to offer and why you might want it at their website,
http://www.pra.gov.ph/
Others here may have more to say.
Capt Munch
09-25-11, 02:21
Can somone please respond to it.
1. I am planning to apply for the PRC. (not sure the name) to get retirement visa. Thinking to buy a condo as investment. I am not sure what happens if I decide to sell my condo, cancel my visa or retirement status and take the money back to my country. For example if I transfer 80, 000 dollars in Philipine, buy a condo in Manila. Then after 2 years sell the condo for 85, 000 dollar and want to take the money back. Can I do that? Is that process very easy or transferring money out of philiipine is complicated? Is there a fee involved. What will be the best bank in Manila to open an account (and easy to transfer money out of philipine with less headache ). Also, if I rent the apartment, can my rent money be deposited in local bank in pesos and then could be wire transferred out of philipine monthly. Is it easy to transfer the money from peso to dollar account? Shoud I open a peso account or dollar account or both? What are the major advantages of getting the retirment visa?
SZinda:
Here is a link to the PRA (Philippine Retirement Authority) site : http://www.pra.gov.ph/main/srrv_program
I had the program explained by a representative / associate (ex-pat) of the PRA. The basic requirements are listed on the website. At the time (a couple of years ago,) there werre only 2 qualified "investments" I believe; a condo or a golf membership. Your thoughts for the condo should meet the requirements for using the $ 10, 000 or $ 20, 000 deposit based on age and / or pension. The other choice is to leave the money at the bank. Somewhere on the website, there may be a list of the banks, one of which, you have to use if you pursue the SRRV.
Banking. I did send my funds to Phils. And have it at Bank of Commerce (one of the qualified choices) I used Wells Fargo (stateside) to do that at $ 40 wire transfer fee. Once you exceed $ 10K and if you are a USA resident, you will have to report the account to the US Treasury (I believe + best guess since I am not looking up the form and the instructions LOL) prior to June 30th (again, my recollection)
From the website:
1. Duly accomplished SRRV Application Form.
2. Original Passport with Valid Entry Visa.
3. Medical Examination Clearance.
4. Police Clearance and National Bureau of Investigation (NBI) Clearance.
5. I'd Pictures. Twelve (12) pieces of 2"x2"
6. Additional Proof of Relationship for joining SPOUSE / CHILD.
7. Pension Documents*
I believe that Sansai makes a couple of good points. You should consider going both to Manila and to Cebu for an extended visit before making a life decision. Rent in both locations and after an appropriate amount of time, decide if you want to invest in a retirement condo. Talk to the ex-pat residents that have been there for a while and see what issues they find both good and bad.
The website looks like it has changed. One of the changes I notice is the renewal fee. When I first considered the SRRV, the application fee was and still is $ 1400. At the time, the renewal was $10 per year. Sometime last year, it came out that the PRA was likely raising the fee. Apparently, it has@$ 340 per year.
Renewing your tourist visa costs about 3, 300 pesos (about $ 75 every 2 months or 59 days) plus after 6 months they do some extra checks and you get a registration card (?). So for approx. $500 to $ 600, you can stay in the country up until a year. I believe that you will have to make a trip out of the country once a year or there are penalties associated with not doing that, just as there are if you don't renew your tourist visa on time.
I know a few ex-pats that live in Phils and have for a number of years. The ones I know. RENT and stay on the Tourist Visa.
I may decide differently, but I believe that I will likely choose the Tourist Visa and definitely RENT versus buying anything.
By renting, you can always leave if the political climate changes significantly or for that matter, any other reason. Buying and hoping to sell a condo may well be difficult as Sansai suggests.
Hope this helps
Just my 1 piso (about $ 0. 023 but increasing.)
Zinda:
Here is a link to the PRA (Philippine Retirement Authority) site :
http://www.pra.gov.ph/main/srrv_programThank you so much Capt. Munch, Sansai and Reporter2010. I already had info about PRA but they could not tell me if I can repatriate the money. Hopefully it is not complicated to transfer back the money. I have been here quite few times. To me it just makes more comfortable if I have my own apartment and then it is easy to rent it out during my absence in the location where I saw the apartment.
http://www.pra.gov.ph/
Others here may have more to say.Which was my comment.
http://www.internationalsexguide.info/forum/showthread.php?2902-Philippine-Residency-and-or-Permanent-Visa&p=1191915#post1191915
Can somone please respond to it.
1. I am planning to apply for the PRC. (not sure the name) to get retirement visa. Thinking to buy a condo as investment. I am not sure what happens if I decide to sell my condo, cancel my visa or retirement status and take the money back to my country. For example if I transfer 80, 000 dollars in Philipine, buy a condo in Manila. Then after 2 years sell the condo for 85, 000 dollar and want to take the money back. Can I do that? Is that process very easy or transferring money out of philiipine is complicated? Is there a fee involved. What will be the best bank in Manila to open an account (and easy to transfer money out of philipine with less headache ). Also, if I rent the apartment, can my rent money be deposited in local bank in pesos and then could be wire transferred out of philipine monthly. Is it easy to transfer the money from peso to dollar account? Shoud I open a peso account or dollar account or both? What are the major advantages of getting the retirment visa?
2. Any precautions I need to take before buying a condo? Any advise to buy condo in manila or cebu?
All help appreciated.
ThanksI would not buy a condo as an investment, if you are going to live here permanently and occupy the condo as your primary residence thats okay, don't expect to make a killing in resale tho'.
As an investment, condo are a huge risk, most of the condo's in Manila and Cebu (my neck of the woods) that were bought for investment either by Filipino's or foreigners sit idle.
I had considered buying one a few years back but after researching and talking to numerous people realators etc decided against it.
Spamhog
I have always been big on real estate investment but at this point in time I am shying away from buying anything anywhere due to the global economy. To reside in a condo permanently or purchase as an investment are two different analyses, particularly if you're only looking at residing in the unit for two years. On Wednesday I was reading how the real estate market in the USA is not expected to start recovering until 2020. I walk or drive around Manila and see those condo developments going up and I ask myself who is going to live there other than OFWs coming back to retire. Very few working filipinos could afford even a smaller unit. Seems to me that there is already a surplus of units given the demand, just like here in my Wisconsin city.
If however, you are intent on purchasing, refer to the Living in the Philippines section report #882 by ShadowAxis on buying a condo. Its the most thorough analysis and advice I have ever seen on buying a condo in the Philippines.
Best wishes.
FreebieFan
10-03-11, 02:27
I have always been big on real estate investment but at this point in time I am shying away from buying anything anywhere due to the global economy. To reside in a condo permanently or purchase as an investment are two different analyses, particularly if you're only looking at residing in the unit for two years. On Wednesday I was reading how the real estate market in the USA is not expected to start recovering until 2020. I walk or drive around Manila and see those condo developments going up and I ask myself who is going to live there other than OFWs coming back to retire. Very few working filipinos could afford even a smaller unit. Seems to me that there is already a surplus of units given the demand, just like here in my Wisconsin city.
If however, you are intent on purchasing, refer to the Living in the Philippines section report #882 by ShadowAxis on buying a condo. Its the most thorough analysis and advice I have ever seen on buying a condo in the Philippines.
Best wishes.In 2010 Ayala land opened up The Columns. Three towers of condos. Sold out within 4 weeks. In 2011 Ayala Land opened the first tower of Park Terraces, Sold out within 2 weeks. They then opened up second tower sold out withn 4 weeks, third tower) due for handover in 2017) is now 50% sold out. The Columns which opened earlier this year is trading at 25% to price last year. The situation is even better (if you are an owner) in Fort Bonifacio where there is a value increase of 30 in past 14 months alone.
Guys thanks for the advice. The apartment building where I am renting and even considering to buy a condo has I'd card policy for visitors. Yesterday my visitor had no I'd and they would not allow her. When I told them that I am renting the place as Tenant for one month and I am willing to take responsibility, will sign on her behalf, they refused to let her go in. I was suprized as I am renting it as a tenant. Based on my experience, most hotels in Manila do not care who is going in or not and even those who care (will be ok if you tell them that you will be responsible if any thing happens if there was no I'd unless the person is very very young or looks young). So what is the point of buying a condo where you can not even bring a visitor or a family member if they don't have an I'd? I could not believe this but the security guard told me this is our policy. Any feedback on this issue?
Thanks
Lustforthrust
10-05-11, 21:26
In 2010 Ayala land opened up The Columns. Three towers of condos. Sold out within 4 weeks. In 2011 Ayala Land opened the first tower of Park Terraces, Sold out within 2 weeks. They then opened up second tower sold out withn 4 weeks, third tower) due for handover in 2017) is now 50% sold out. The Columns which opened earlier this year is trading at 25% to price last year. The situation is even better (if you are an owner) in Fort Bonifacio where there is a value increase of 30 in past 14 months alone.My apt. On HK Island is up 63% since March 2010, but up a mere 5% since 1997.
In April this year, I bought a place in Siesta Key, FL for 1/2 the price the last owner paid in 2004.
FreebieFan
10-06-11, 02:26
My apt. On HK Island is up 63% since March 2010, but up a mere 5% since 1997.
In April this year, I bought a place in Siesta Key, FL for 1/2 the price the last owner paid in 2004.And my Hk apartment (Stubbs Road) doubled from 1991 1993. And even as I'm at the lawyers handing over keys, the new seller was already reselling it for a 5% premium. They were the good days in HK. Yep nothing risk free except the 1% annual interest currently available. LOL
I have been in the Phils for 14 years, and for 8 of those years I paid rental fees in 3 different residences in Ortigas Center in Manila and a town house in Davao when I was based there. When I realised 6 years ago that I was planning to stay here and keep working I bought a condo at a reduced price because the owner was desperate to sell.
With the benefit of hind-sight, the rents that I paid for 8 years could have bought me more than one condo in that time if only I had known that I planned to stay here.
I am reinforcing an earlier post that said that if you need somewhere to stay for an extended period then it is sensible to buy a property in lieu of not paying rental fees because you may find, as I did, that the rents were in excess of my condo purchase price.
Even if you are forced to sell it for a price that doesn't show much of a profit, you may still be in front on the overall deal.
Lustforthrust
10-06-11, 17:31
And my Hk apartment (Stubbs Road) doubled from 1991 1993. And even as I'm at the lawyers handing over keys, the new seller was already reselling it for a 5% premium. They were the good days in HK. Yep nothing risk free except the 1% annual interest currently available. LOLMine is on Conduit; all paid, all mine. All cash short-sale in Siesta Key, despite the lowest mortgage rates in history and the available tax deductions.
1% huh? On the Peso? BSs are paying 5-10% on the £ and has less risk priced into it than the Peso.
Quit the markets completely, never to return? Consider dividend-paying stock in your base currency?
FreebieFan
10-07-11, 01:52
Mine is on Conduit; all paid, all mine. All cash short-sale in Siesta Key, despite the lowest mortgage rates in history and the available tax deductions.
1% huh? On the Peso? BSs are paying 5-10% on the £ and has less risk priced into it than the Peso.
Quit the markets completely, never to return? Consider dividend-paying stock in your base currency?ISG mongers will have no interest in this thread but I also lived in Conduit before, in 1994. Big place opposite the exit of the escalator. Building torn down now. Maybe your building replaced mine LOL.
Markets will return one fine day. But not for a few good years. Not till Greece is kicked out the Euro, maybe Spain and Portugal too. Then common sense in debt markets wil return. By that time Obama is long gone and the Us housing market will grow as will UK's. US needs to get out of Afghanistan in a hurry and put the money spent of there back into its own economy Markets will follow therafter.
I'm planning to move to the Philippines (probably Cebu, maybe Davao, definitely not Manila) next year as a semi-retiree. Although the last few years have taken a toll on me financially, I could make it fairly decently there without working, but extra money is always helpful.
I have worked (mostly in the US, but with some overseas jobs) for some time as a marketing consultant and a free-lance writer. If I can continue to pick up such work, it would probably be online or outside the Philippines, so the fact that I don't have a working visa would make no difference.
But what if I decide to take a part-time job there? I understand working visas are very hard to get. But what is enforcement like? My experience with the Philippines (my late wife was from Manila) in regard to law emphasizes two points. Inefficiency and corruption. So my instincts tell me that I'm unlikely to get caught and if I do, a payoff will suffice.
But does anyone with real experience have advice for me?
But what if I decide to take a part-time job there? I understand working visas are very hard to get. But what is enforcement like? My experience with the Philippines (my late wife was from Manila) in regard to law emphasizes two points. Inefficiency and corruption. So my instincts tell me that I'm unlikely to get caught and if I do, a payoff will suffice.
But does anyone with real experience have advice for me?If you have an invested stake in the Philippines then you take a risk that you will not get caught.
Two koreans in my condo have been deported with stamps in their passports because they were caught not only working but running a business on tourist visas. They were not "caught". They were reported by pinoys who were in the same business and resented the competition.
When they tried to pay their way out the penalty was increased by the "new" approach to business that is slowly percolating through the PNoy government administration. They picked the wrong guy to bribe.
You have to factor in the possibility (probability?) that if you have a successful business without the correct documentation then you may well find someone will "dob you in". Working visas are NOT hard to get. All you have to do is agree to pay the 12% withholding tax.
Working visas are NOT hard to get. All you have to do is agree to pay the 12% withholding tax.Thanks. That's great to know.
I'm not thinking of starting a business and what I would be doing would be fairly low profile (mostly free-lance writing, probably, and similar small-scale stuff) , so there probably would be relatively little chance of getting caught. But somebody might talk, and why risk even a small chance of trouble if it's easy to get the working visa? I have no objection to paying taxes. Well, I do actually, but I accept their inevitability.
Good to hear that it's getting tougher to bribe people. Could it be that the Philippines is actually making progress?
Econo Tech
11-22-11, 02:54
Good to hear that it's getting tougher to bribe people. Could it be that the Philippines is actually making progress?No, stories abound and have increased of working visas, legally obtained, whos mere existance evoporated in all the BI records. And so did it for PRA (the much promoted residency scheme) when somebody does you in, suddenly BI finds you were never given PRA. And everything in between. No kidding.
FreebieFan
11-22-11, 03:23
Thanks. That's great to know.
Good to hear that it's getting tougher to bribe people. Could it be that the Philippines is actually making progress?One would love to think so but its very hard to break habits that are ingrained, past on from father to son etc. Theres a lot of posturing going on that plays out well in the media. But the traffic cops are still playing their games thats for sure. Corruption can only be claimed to be reducing when its stopping at the top, and the bottom.
I'm not thinking of starting a business and what I would be doing would be fairly low profile (mostly free-lance writing, probably, and similar small-scale stuff) , so there probably would be relatively little chance of getting caught. But somebody might talk, and why risk even a small chance of trouble if it's easy to get the working visa?I don't think there will be any problems for you if this is all you plan to do.
Those activities are not going to trouble anyone at all.
Working visas are more for those who plan to be salaried in a local business here.
I suggest that you go to the Department of Labor & Employment (rather euphemistically named DOLE) and ask them what is needed.
Foe example, from a website:
Working Visas in the Philippines
In the Philippines, work visa applications are based upon a candidate obtaining a job offer from a Philippines based firm and will be issued as a Special Work Permit application for those who will only be working in the Philippines for six months or less.
For candidates who wish to work in the Philippines for longer than this period, a standard work permit will be required which may be obtained from outside the country or from within the Philippines.
Applicants will need to provide evidence of their job offer through a letter of request from their sponsoring employer as well as an affidavit of support from the company. Candidates will also need to obtain an Alien Employment Permit (AEP).
It should be noted that work permit holders must also notify the Philippines immigration authorities when they intend to leave the country and that the Alien Employee Permit must be returned.
Member #4491
11-22-11, 12:30
I'm not thinking of starting a business and what I would be doing would be fairly low profile (mostly free-lance writing, probably, and similar small-scale stuff) , so there probably would be relatively little chance of getting caughtAt the most I had some 25 employees and a down town office, and never had a work permit. Applied for an employers visa since I had 10+ employees, but never got it into my passport due to silly circumstances, and now I do not care about it. Note that I never competed on the local market but rather brought money / salary into the country. You get a 5 year tax holiday if you make your company a pure export company. As long as you do not take bread from the mouth of some pinoy, you are quite safe.
But as RK mentions it is not that hard to get the work permit. I was just busy and lazy so I am not a good example of a model visitor to Phil.
B
Anyone has this recent problem in renewing your I card? I think the bureau of Immigration and deportation is changing its rule without prior notice to their Phillipne Embassies aborad or their consular offices.
Recently, the new commission of Immigration of the Phillipine has change the rule and making everyone big problemn in renewing their I card. It has to be process in person against the past with Special power of Attorney to empower your designated representative to process for you in your behalf, which is very good way without you coming back and left your work with increasing expenses. Furthermore, now a days even you appear in person, it also have making you to wait for whayt I heard is over a month or so before you get it renew. This is crazy, as you have to be in the philippne to wait that long before able to depart the country and back to where you are working with.
Have anyone encountere such issues recently? Any possibility to expedite your I card renewal?
Please share your comments.
Cheers,
MD
I was just busy and lazy so I am not a good example of a model visitor to Phil.
BLOL, is anyone on this board? .
Member #4491
12-22-11, 16:49
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The purpose of this Forum is to provide for the exchange if information between men on the subject of finding women for sex. Let's stick to the subject.
Member #4491
12-22-11, 17:56
Define waste. It was a joke and my 667:th post to get me off the evil number.
Ok here is a useful advice; if you start an export firm and hire 10 persons (temporarily) you can get one year work and residential visa. Will not cost you so many thousand pesos if you have friends, and easier than extensions.
Barba
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EDITOR'S NOTE: This report was deleted because it contributed nothing of value and in fact constituted a complete waste of bandwidth.
The purpose of this Forum is to provide for the exchange if information between men on the subject of finding women for sex. Let's stick to the subject. You've got to be kidding! Deleted a post from Barba? He is in the Pantheon of Great Contributors in this forum.
Member #4491
12-25-11, 23:13
You've got to be kidding! Deleted a post from Barba? He is in the Pantheon of Great Contributors in this forum.I am slipping.
Now and then we discuss buying house in for example Davao, and one important aspect that is good to remember is if the area has been analyzed for land slides. Just some days ago a friend of mine looked at a house priced at 6 000 000 PHP and by coincidence found out that the land was not investigated in any way prior to the build, and that there had been a small slide in one corner of the lot. The rush sale was in fact not motivated by an urgent need to leave Davao but rather an urgent need to get this potential catastrophe out of the hands of the owner that built the house on that slippery slope. This is maybe obvious for most, but my friend simply did not think about this aspect at first, since this house was quite a pearl. Who builds a 6 million peso house on a potential land slide?
I once looked at a really nice small resort on Talicud for 2 000 000 PHP. Seemed to be quite a bargain, but I was convinced by a friend to look further into the erosion in one side of the lot. Every time I pass that lot, another chunk of the rock has fallen into the water, and sooner or later it will affect the foundation of the house closest to this side.
Be aware, gents. Both of how wet the area is after the monsoon and how stable the foundation is.
Barba
WestCoast1
12-26-11, 01:39
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The purpose of this Forum is to provide for the exchange if information between men on the subject of finding women for sex. Let's stick to the subject. B: Send it to me in PM, I didn't get to read it.
Member #4491
01-01-12, 01:18
B: Send it to me in PM, I didn't get to read it.I would if it was remotely worth to remember. I did at least learn not to write that the post is pointless, because then it gets deleted. Never plead guilty.
Speaking of moderation, what ever happened to all the ROD recommendations that used to flatter me and other posters in our virgin years on ISG?
This thread is for Philippine Residency and / or Permanent Visa, so in order to not risk deletion again I toss in a question; does anyone know where I can rent a four or five star apartment in either Davao or Cebu? I want privacy and prefer a private pool. Maybe some web site that advertise short term rental of more exclusive apartments in the lovely and sunny land of the Philippines?
All the best, Barba.
PS.
This post is not pointless. It is just hard to see the meaning of parts of it.
DS
GoodEnough
01-02-12, 11:57
I would if it was remotely worth to remember. I did at least learn not to write that the post is pointless, because then it gets deleted. Never plead guilty.
Speaking of moderation, what ever happened to all the ROD recommendations that used to flatter me and other posters in our virgin years on ISG?
This thread is for Philippine Residency and / or Permanent Visa, so in order to not risk deletion again I toss in a question; does anyone know where I can rent a four or five star apartment in either Davao or Cebu? I want privacy and prefer a private pool. Maybe some web site that advertise short term rental of more exclusive apartments in the lovely and sunny land of the Philippines?
All the best, Barba.
PS.
This post is not pointless. It is just hard to see the meaning of parts of it.
DSThere's nothing I can think of here that would be appropriate to a gentleman of your refined tastes, unless you can rent one of the newer condos sprouting like mushrooms after a rain. However, for very little, you could rent a two bedroom unit at Red Knight Gardens; the setting is lovely though the furniture looks like it was purchased for very little circa 1965. Then, you could toss out all of their crappy furniture and spend a couple of thousand dollars furnishing it to your tastes. You would then have a great place with a pool.
GE
Member #4491
01-02-12, 18:06
Thank you GE. I have looked at Red Knight Gardens in the past, and it is not quite what I am looking for. I would rather omit the pool and just get an apartment that is of higher standards. Or just stay in a hotel.
The problem with finding apartments in for example Davao is that very few will offer you an apartment for just 1-2 weeks. They all want long term lease with deposit, and I like my freedom to choose.
Barba
GoodEnough
01-02-12, 23:39
Thank you GE. I have looked at Red Knight Gardens in the past, and it is not quite what I am looking for. I would rather omit the pool and just get an apartment that is of higher standards. Or just stay in a hotel.
The problem with finding apartments in for example Davao is that very few will offer you an apartment for just 1-2 weeks. They all want long term lease with deposit, and I like my freedom to choose.
BarbaI misunderstood. I thought you wanted to take a place for on a long-term basis and use it as a permanent pied à terre. The only alternative I can think of would be Drifters, which a lot of guys seem to like. It does have a small pool and a reasonably authentic replica of an English pub. Also, it's somewhat out of the way, so there's little chance of anyone whom you don't want to see stumbling on it by chance. The next time you're here you should probably check out the new Pinacle Hotel as well. It looks reasonably nice and the location is quite good.
GE
Punter 127
01-08-12, 03:01
I've used ATJ Travels & Tours in Cebu for my visa extension, I think they charge 600p over the normal extension charge. I drop my passport off one day and pick it up the next. Be forewarned not all travel agencies charge the same, another agency on the circle quoted me 1000p for the same service. ATJ is located in the walk thru between Fuente Osmena circle and J. Llorente St. If you enter the walk thru next to KFC they are located on the left just before you get to J. Llorente St.
When I lived in Dumaguete I always did it myself, it was a cake walk there, no dress code and you were in an out in less than an hour. I've been told it's not the same story in Cebu and the immigration office is in Mandaue City, but I haven't tried.
I'm wondering why I couldn't send my domestic helper to do my extension for me, any thoughts?
I've used ATJ Travels & Tours in Cebu for my visa extension, I think they charge 600p over the normal extension charge. I drop my passport off one day and pick it up the next. Be forewarned not all travel agencies charge the same, another agency on the circle quoted me 1000p for the same service. ATJ is located in the walk thru between Fuente Osmena circle and J. Llorente St. If you enter the walk thru next to KFC they are located on the left just before you get to J. Llorente St.
When I lived in Dumaguete I always did it myself, it was a cake walk there, no dress code and you were in an out in less than an hour. I've been told it's not the same story in Cebu and the immigration office is in Mandaue City, but I haven't tried.
I'm wondering why I couldn't send my domestic helper to do my extension for me, any thoughts?They are much better at the Mandaue Visa office than before, but it's a 300p roundtrip taxi there & back from F. Osmena so sounds like.
A good deal if no dramas.
Stroker Ace88
01-08-12, 04:23
I've used ATJ Travels & Tours in Cebu for my visa extension, I think they charge 600p over the normal extension charge. I drop my passport off one day and pick it up the next. Be forewarned not all travel agencies charge the same, another agency on the circle quoted me 1000p for the same service. ATJ is located in the walk thru between Fuente Osmena circle and J. Llorente St. If you enter the walk thru next to KFC they are located on the left just before you get to J. Llorente St.
When I lived in Dumaguete I always did it myself, it was a cake walk there, no dress code and you were in an out in less than an hour. I've been told it's not the same story in Cebu and the immigration office is in Mandaue City, but I haven't tried.
I'm wondering why I couldn't send my domestic helper to do my extension for me, any thoughts?This should be in 'General Info' as all the other visa extention talk is there. This thread is for Residency and or Permanent Visa topics.
Correct, not all Visa service providers (VSP) in Cebu charge the same. When it comes to someone handling my business and taking care of my passport I always pay a little more for good service and my peace of mind. I do not trust some of the newer visa service offices that have sprung up in the last year. If they lose your passport you are in for a huge pile of red tape and spending serious time at your consulate waiting for emergency passport replacement documents. Not worth the big headaches to be a karipot with official business.
You can't send your helper because she has to be authorized. If you are not able or willing to go yourself you can sign a 'special power of attorney duly notarized if applied by a representative'. This policy has been in place for awhile. If you dropped your passport off at a VSP in Cebu and they did not get you to sign a paper authorizing them to get the visa extention on your behalf, then you run the risk your visa extention is not genuine. I am just saying it's real easy to get a fake stamp made around Carbon and for someone to setup a visa service shop over night. Nothing surprises me in the Philippines.
The VSP is also supposed to provide you with a signed 'Certification Waver' from the authorized signing officer at the Bureau of Immigration. It just details who you are and that your name 'does not appear in the bureau's hold departure, blacklist, watchlist and or Intelligence Derogatory Records as of this date'.
If your VSP does not give you either a 'special power of attorney duly notarized' to sign so they can act as your representative when you drop your passport off or a 'Certification Waver' when you pick it up, then your VSP is cutting corners and you might suffer the consequences as a result.
Punter 127
01-08-12, 06:00
I've used ATJ Travels & Tours in Cebu for my visa extension, I think they charge 600p over the normal extension charge. I drop my passport off one day and pick it up the next. Be forewarned not all travel agencies charge the same, another agency on the circle quoted me 1000p for the same service. ATJ is located in the walk thru between Fuente Osmena circle and J. Llorente St. If you enter the walk thru next to KFC they are located on the left just before you get to J. Llorente St.
When I lived in Dumaguete I always did it myself, it was a cake walk there, no dress code and you were in an out in less than an hour. I've been told it's not the same story in Cebu and the immigration office is in Mandaue City, but I haven't tried.
I'm wondering why I couldn't send my domestic helper to do my extension for me, any thoughts?
This should be in 'General Info' as all the other visa extention talk is there. This thread is for Residency and or Permanent Visa topics.Indeed Sir that is the title of the thread, but it was not the only intent of the thread, I know because I was the one who request the thread be created in the first place. Take a look at the very first member post after Jackson created the thread and also please note the subject matter.
http://www.internationalsexguide.info/forum/showthread.php?2902-Philippine-Residency-and-or-Permanent-Visa&p=756462&viewfull=1#post756462
Considering the above information I suggest that 'all the other visa extention talk' Is in the wrong thread. But hey I'm just a guy that thinks forum policing should be left to Jackson.
Please feel free to quote my post in the 'General Info' thread if you like, I don't mind at all.
Correct, not all Visa service providers (VSP) in Cebu charge the same. When it comes to someone handling my business and taking care of my passport I always pay a little more for good service and my peace of mind. I do not trust some of the newer visa service offices that have sprung up in the last year. If they lose your passport you are in for a huge pile of red tape and spending serious time at your consulate waiting for emergency passport replacement documents. Not worth the big headaches to be a karipot with official business.Sounds a bit over the top to me, as you can see from the above link I've been using ATJ travels & tours off and on since 2008 and I have Never had a problem.
You can't send your helper because she has to be authorized. If you are not able or willing to go yourself you can sign a 'special power of attorney duly notarized if applied by a representative'. This policy has been in place for awhile. If you dropped your passport off at a VSP in Cebu and they did not get you to sign a paper authorizing them to get the visa extention on your behalf, then you run the risk your visa extention is not genuine. I am just saying it's real easy to get a fake stamp made around Carbon and for someone to setup a visa service shop over night. Nothing surprises me in the Philippines.This is the kind of information I was looking for, I will look into getting her authorized.
The VSP is also supposed to provide you with a signed 'Certification Waver' from the authorized signing officer at the Bureau of Immigration. It just details who you are and that your name 'does not appear in the bureau's hold departure, blacklist, watchlist and or Intelligence Derogatory Records as of this date'.
If your VSP does not give you either a 'special power of attorney duly notarized' to sign so they can act as your representative when you drop your passport off or a 'Certification Waver' when you pick it up, then your VSP is cutting corners and you might suffer the consequences as a result.They probably did have me sign a power of attorney and/or have it on file, I just don't remember, I do know they always give me the 'Certification Waver' but the immigration office provides that. Again this is the kind of information I was looking for, Thanks for your input.
I'm still interest to hear other opinions. (about sending my helper)
Punter 127
01-30-12, 03:14
I extended my 21 day visa to 59 days (first extension) by again taking my passport to ATJ Travels & Tours. I dropped my passport off Wednesday afternoon and picked it up Saturday morning, the total cost was 3702.00 PHP, they gave me Bureau of Immigration “Official Receipts” with the following break down of cost. No “power of attorney” was required.
Application fee 1000.00
Visa waiver fee 500.00
Legal research 30.00
Bi clearance 500.00
Express lane 500.00
Express lane fee 500.00 (certification)
Sub total 3030.00
ATJ fee 600.00
Vat 72.00
Total 3702. 00 PHP
They are much better at the Mandaue Visa office than before, but it's a 300p roundtrip taxi there & back from F. Osmena so sounds like.
A good deal if no dramas.
No drama at all, could not be easier. I did not get my helper involved this time due to time restraints. I think the next time I need an extension I will take her with me to Immigration and investigate having her get my extension for me. If nothing else she can wait in line while I go look for chic’s at Park Mall, she can text me when my number is near.
I just received a copy of Expatch. A newsletter for expats in the Philippines.
A very neat summary is provided here for all people who might be confused about the different types of visas available.
http://www.expatch.org/2012/04/25/visas-staying-legally-in-the-philippines/
If you are an expat then you should add your name to the mailing list.
Mongerman69
01-01-13, 20:13
When of the more inclusive ones I've seen.
Nice Work.
I just received a copy of Expatch. A newsletter for expats in the Philippines.
A very neat summary is provided here for all people who might be confused about the different types of visas available.
http://www.expatch.org/2012/04/25/visas-staying-legally-in-the-philippines/
If you are an expat then you should add your name to the mailing list.
Mongerman69
01-01-13, 20:25
I too am looking for shorter term apartment rentals and coming up short. Looking to stay a couple months, on a 59 day visa, and looking for a more affordable option than staying in hotel. Be sure to post if you find any options. Surprised by how little there seems to be.
Thank you GE. I have looked at Red Knight Gardens in the past, and it is not quite what I am looking for. I would rather omit the pool and just get an apartment that is of higher standards. Or just stay in a hotel.
The problem with finding apartments in for example Davao is that very few will offer you an apartment for just 1-2 weeks. They all want long term lease with deposit, and I like my freedom to choose.
Barba
Pip Jaeger
01-02-13, 01:32
I too am looking for shorter term apartment rentals and coming up short. Looking to stay a couple months, on a 59 day visa, and looking for a more affordable option than staying in hotel. Be sure to post if you find any options. Surprised by how little there seems to be.What city and price range are you looking for? There are hundreds of them available. I am doing the same thing and I've already made my arrangements for a month long stay in Cebu City and 3 weeks (total) in AC. I will post reviews after I have been there (end of Jan to March). Not to sound flippant, but have you tried a Google search for : "short term (condo / apartment) rentals in (enter city)"
Here's just a few websites offering condo / apt rentals:
https://roomorama.com/short-term-rentals/philippines
https://www.airbnb.com/s/Metro-Manila--Philippines
http://metromanila.olx.com.ph/nf/houses-apartments-for-rent-cat-363/condominium
%2Brent.
http://www.sulit.com.ph/index.php/classifieds
+directory / q/furnished+condo+for+rent+cebu+city / province / Metro+Manila.
http://www.islandsproperties.com/
Pip Jaeger
01-02-13, 01:37
The ISG software broke the link to "metromanala. Olx. Com" and to "sulit. Com. Ph". You can just go to their respective websites or Google them.
Stroker Ace88
01-02-13, 02:43
[SNIP]No drama at all, could not be easier. I did not get my helper involved this time due to time restraints. I think the next time I need an extension I will take her with me to Immigration and investigate having her get my extension for me. If nothing else she can wait in line while I go look for chic’s at Park Mall, she can text me when my number is near.First, there is no 'line' as you call it at Mandaue BI office. You walk up to the building and a guard checks you over to make sure you are wearing the proper clothing. You must be wearing long pants, closed toe shoes and a shirt with a collar is suggested, although a clean t-shirt will do. No shorts, sandals, flipflops or wife-beater t-shirts are allowed and they are strict. If BI is filled to capacity you will be turned away and told to come back another day or you can wait outside if you wish but no promises you will be served.
Once inside walk up to the white guy behind the desk to your far left. Yes I said that right, he looks and is white but he was raised and lives in Cebu. He speaks Cebuano-Bisaya exactly like a local because he is a local. He will look at your passport to check when your previous visa expires. If everything checks out he will hand you the visa extention form and you fill it out and bring it back to him and he will check it over to make sure it's compete. He will instruct you to go to window number 1 and submit the form with your passport. You sit down and wait until your name is called, this could take awhile if BI is busy. When your name is called you go back to window number 1 and they will hand you a receipt and you go stand in the payment line. You pay and sit down and wait for your name to be called to get back your passport and you are done.
Cost 3030php, but I heard some rumblings the visa extention cost might increase when BI starts to issue the longer 30day tourist visas.
Stroker Ace88
01-02-13, 02:55
I too am looking for shorter term apartment rentals and coming up short. Looking to stay a couple months, on a 59 day visa, and looking for a more affordable option than staying in hotel. Be sure to post if you find any options. Surprised by how little there seems to be.That's because most places are only offered on a 12 month contract. Most require two months rent in advance, and a two month security deposit to be paid in advance before the appartment-condo-house is occupied. Your best chance would be to look for a foreigner who is willing to rent short term, but two months is very very short term IMO and most of the nicer short term places for rent are occupied by Koreans.
If you will be in the Philippines for less than 60 days stay in a hotel. If you find that expensive sleep in a park.
Stroker Ace88
01-02-13, 02:56
I just received a copy of Expatch. A newsletter for expats in the Philippines.
A very neat summary is provided here for all people who might be confused about the different types of visas available.
http://www.expatch.org/2012/04/25/visas-staying-legally-in-the-philippines/
If you are an expat then you should add your name to the mailing list.Nice work RK, good info posted.
Mongerman69
01-02-13, 16:21
What city and price range are you looking for? There are hundreds of them available. I am doing the same thing and I've already made my arrangements for a month long stay in Cebu City and 3 weeks (total) in AC. I will post reviews after I have been there (end of Jan to March). Not to sound flippant, but have you tried a Google search for : "short term (condo / apartment) rentals in (enter city)"
Here's just a few websites offering condo / apt rentals:
https://roomorama.com/short-term-rentals/philippines
https://www.airbnb.com/s/Metro-Manila--Philippines
http://metromanila.olx.com.ph/nf/houses-apartments-for-rent-cat-363/condominium
%2Brent.
http://www.sulit.com.ph/index.php/classifieds
+directory / q/furnished+condo+for+rent+cebu+city / province / Metro+Manila.
http://www.islandsproperties.com/I was interested in, Cebu; as well. I'd like to find something in the, $400-500 month, range. I've googled it, but found that most places are only up for long term rental. Thanks, for the suggestions Any other advice is welcome, as booking blindly, tends the make me a bit nervous. Are there certain things to watch for when booking apartments in, Cebu? Any concerns with places being, less than, guest friendly? Any general guidelines are appreciated.
Mongerman69
01-02-13, 16:32
That's because most places are only offered on a 12 month contract. Most require two months rent in advance, and a two month security deposit to be paid in advance before the appartment-condo-house is occupied. Your best chance would be to look for a foreigner who is willing to rent short term, but two months is very very short term IMO and most of the nicer short term places for rent are occupied by Koreans.
If you will be in the Philippines for less than 60 days stay in a hotel. If you find that expensive sleep in a park.Not sure what you were hoping to accomplish, with your backhanded, suggestion. Sadly, the downside of asking for advice, is that to some, it provides a reminder that they really do know stuff!
Stroker Ace88
01-03-13, 01:15
Not sure what you were hoping to accomplish, with your backhanded, suggestion. Sadly, the downside of asking for advice, is that to some, it provides a reminder that they really do know stuff!Geee, thanks. First you are posting that you need help in the Philippine Residency and / or Permanent Visa Section. This is not the place to ask about 60 day rental properties. If you are interested in Cebu you need to ask there. Also Pip provided good info and links below, so stop complaining.
You know I tried to help you, tried to post some info that will enlighten you. Seems you're typical of alot of the newbs who come on ISG asking for help but are unwilling or unable to goggle and do some research to dig a few things up by themselves. If you had done that you would know that short term rentals (60 days or less) are very hard to find in Cebu. Manila has a much more competitive condo rental market and as such is better suited to find a place that might be willing to rent for 60days or less. Like I stated below, short term means 4 or 6 months. Most guys who stay in the Philippines for under 60 days usually stay in hotels so they have flexibility and can change cities or hotels as they see fit. Keep in mind that most places still want a two month security deposit in case you might turn out to be a baboy and tear up the place or a troublesome guest. FYI most pinoy landlords keep the security deposit and refuse to return it when your stay is over and consider it 13th month rent.
It just so happens I know a guy in Cebu that was called back to Perth for most of 2013. He has a fully furnished 2 bedroom. 2 bathroom overlooking condo that might be for rent. Too bad your sassy remarks now make forwarding his contact info impossible.
Just a personal note. If you can afford the 2000USD airfare then you should be able to afford to stay in a hotel or at the very least a pension. You want champaigne on a budweiser budget and seem unwilling to compromise. If you can't afford a hotel, delay your trip until you have saved more cash.
I too am looking for shorter term apartment rentals and coming up short. Looking to stay a couple months, on a 59 day visa, and looking for a more affordable option than staying in hotel. Be sure to post if you find any options. Surprised by how little there seems to be.On my last trip to Manila I booked a condo in Mosaic Towers which is a block from the entrance to Greenbelt 1. It was a nice bachelor apartment with 24 hour security. A kitchen but no stove, and very good TV. They clean the rooms Monday, Wednesday and Fridays. I only stayed four nights and they allowed a 10:00 AM check in and 5:30 PM check out at no extra cost so were very accommodating. The price was $2, 800 per night. The online booking was a bit of a pain in the butt as they only use PayPal. I don't have a PayPal account which meant I had to make a deposit into their bank account.
They seem to be open to any duration of stay. I have the direct e-mail address for the for the condo manager who asked me to book directly with her in the future. I don't know what if any discounts they will give for direct bookings and extended stays.
If you are wanting the name and e-mail address send me a PM.
Thanks for the reports on extension procedures and costs. I been looking into long stay options in a few different countries and ran across this. Not sure how accurate it is but he really simplifies it.
http://www.cebuexpatservices.com/wp-content/uploads/2011/02/visaextensioncost.jpg
I am finding it useful to search for the word "apartel" for a place that's best for over 1 week, less than a year. I've found several in Davao. Drifters Apartel is one. About $30 / day.
Mongerman69
01-14-13, 19:27
Thanks, for the input. Seems to work.
I am finding it useful to search for the word "apartel" for a place that's best for over 1 week, less than a year. I've found several in Davao. Drifters Apartel is one. About $30 / day.
I got a special resident retiree visa from the Philippine Retirement Authority, you can find plenty of info online.
Getting it was a smooth process, with the following exception. I needed to deposit $10, 000 into a cd. So I opened an account with a $500 cash deposit and had my us bank wire the $10, 000 to my Philippine bank. Due to various fees only $9, 982. 50 made it into my account. When I went to get the cd, the person at the bank told me I needed to do another wire transfer as the full $10, 000 must originate from outside of the Philippines. I could not use the original $500 I deposited via cash.
I just laughed it of as the new account teller at the bank was lovely so I had an excuse to come back.
Big news about residency visa in the PI, if you are US military veteran:
VFW Post 2485 Members Meeting Room.
Meeting with Philippines Retirement Authority (PRA)
Meeting conducted by PRA Representative: Mr. Carlo Zialcita.
Discussion and briefing on the new expanded courtesy visa for USA Veterans.
Preview of some requirements for this program:
(1) Must be USA Military Veteran with DD Form 214.
(2) Must be at least 50 years old.
(3) Requires a deposit of USA $1, 500. 00 in a PRA accredited bank through electronic transfer or cashiers' check.
(4) One time visa fee of USA $1, 400. 00 paid upon filing of visa application.
Other requirements and information will be provided at the meetingHttp://www.margaritastation.com/readfull.php?m=1154
Its not on the Philippine Retirement Auty web site yet, but this would put it in the right hand category, seen in the table "SRRV Courtesy"
http://www.pra.gov.ph/main/srrv_program?page=1
Presumably the $1, 500 can be converted into an investment, but considering how much you would spend on renewing regular tourist visas, over a couple of years this is a deal.
I plan to apply later this year. I know I will be spending extended vacations to the PI and I don't like hassling with visa extensions. This is a $10 annual fee.
FreebieFan
06-09-13, 04:30
Website says to qualify for PRA visa must arrange " police clearance" from home country.
How does that work. Do I have to go to England (where I haven't lived for 30 years) find PC Plod and say " scuse me mate, but could you tell the Filipinos I've never done time in UK ".
Just asking if anyone here has experience with this.
Website says to qualify for PRA visa must arrange " police clearance" from home country.
How does that work. Do I have to go to England (where I haven't lived for 30 years) find PC Plod and say " scuse me mate, but could you tell the Filipinos I've never done time in UK ".
Just asking if anyone here has experience with this.Yes FF that's what I had to do when I was applying for my long-stay visa as an Australian National, although I bypassed PC Plod and went straight to the top.
I applied at the Australian Embassy in Manila and after I completed a routine standard form (from the website) it was all sorted out in around 5 days and I was sent a "clearance" all duly noted and signed etc.
I daresay you could do the same via a British Embassy near you. Cost was minimal, and very efficient too.
Wicked Roger
06-09-13, 15:57
Yes FF that's what I had to do when I was applying for my long-stay visa as an Australian National, although I bypassed PC Plod and went straight to the top.
I applied at the Australian Embassy in Manila and after I completed a routine standard form (from the website) it was all sorted out in around 5 days and I was sent a "clearance" all duly noted and signed etc.
I daresay you could do the same via a British Embassy near you. Cost was minimal, and very efficient too.FF,
Have done this for another reason (not PI residency). If you Google this there is a UK police website and the request is done online etc and it take 4-6 weeks I think. Cost is mall just be patient for the certificate saying you are an upstanding member of the community. Be thankful they did not ask or it in Asia where you have been living for many years LOL.
I am in the process of setting up the required documentation.
My lady has a property in Makati, that we will demolish and rebuild to "acceptable" standards.
WR: thanks re web site for police clearance in UK, I will look at that too.
Hope to see you in MNL. Bumz
FreebieFan
06-25-13, 02:34
FF,
Have done this for another reason (not PI residency). If you Google this there is a UK police website and the request is done online etc and it take 4-6 weeks I think. Cost is mall just be patient for the certificate saying you are an upstanding member of the community. Be thankful they did not ask or it in Asia where you have been living for many years LOL.Have found it thanks. GBP 48 for certificate. Will complete closer to retirement time. Appreciate the hlep in sourcing this info.
Econo Tech
06-25-13, 03:36
As per new rules, PH Govt has announced plans to extend Visa stay, for upto 6 months, not clear on the details though.
As per new rules, PH Govt has announced plans to extend Visa stay, for upto 6 months, not clear on the details though.That's very old news ET.
The key phrase is "has announced plans. .". There is no shortage of "plans" for everything here but making them operational is very unusual.
Econo Tech
06-26-13, 02:09
That's very old news ET.
The key phrase is "has announced plans.". There is no shortage of "plans" for everything here but making them operational is very unusual.Wow. So I was getting excited for nothing as usual. Thinking stuff will move faster in PH. Except of course, impeaching the CJ. LOL
Johan Waans
08-05-13, 18:49
Guys,
Still doubting whether to relocate in Africa or Philippines. I guess it is something like comparing apples with pears. For medical facilities I guess Philipines wins hands on. And I once heard that I a filipina can really love you or am I being naive and is it the same story all over the world.
Correct me if I am wrong but I think this type of visa (SRRV smile) needs a 20 000 dollar deposit, which you can not invest.
Could anybody tell me if there are any other requirements. I think the medical and police check can be done in Manilla.
And is 30 000 pesos a high rent for a two bedroom condo in Davao?
Cheers.
Wicked Roger
08-06-13, 02:16
Guys,
Still doubting whether to relocate in Africa or Philippines. I guess it is something like comparing apples with pears. For medical facilities I guess Philipines wins hands on. And I once heard that I a filipina can really love you or am I being naive and is it the same story all over the world.
Correct me if I am wrong but I think this type of visa (SRRV smile) needs a 20 000 dollar deposit, which you can not invest.
Could anybody tell me if there are any other requirements. I think the medical and police check can be done in Manilla.
And is 30 000 pesos a high rent for a two bedroom condo in Davao?
Cheers.Around 10-15 posts below your FR is a FR by Jambo giving some links. April 29th in fact.
Say all you need to know.
Also on police there is also a post even later (very recently. Around 1-2 months ago). All the info is there JW if you RTFF a little.
As for Davao. Ask in the Davao board.
In Davao 30, 000 seems like a normal rent for a 2 br condo, for me the condos are too small for the money. For the same amount or less you can rent a 3br townhouse in a gated subdivision with much more room. Far as the srrv you can deposit only $10, 000 if you have proof of pension, check the Philippine Retirement Authority website.
Johan Waans
08-07-13, 10:05
Thank for that.
I have not been to Philippines for a long time and am deciding to come over for a long stay and making up my mind whether to retire there and where to stay. Am thinking about Davao or Cebu and to rent a condo for like 6 months or one year. And then maybe get a house. Last time I was there is like 8 years ago so things must have changed a bit.
I wonder whether it is feasible to have SSRV residency in the PH and staying in the PH a mere 3 months / year or even less, spending the rest of the years in other countries on normal" visas. I haven't read anything about PH authorities checking where and whether SSRV holders live in the PH. Likewise, it is possible to have a token "permanent address" (a PO box address) so that post from banks etc. Has somewhere to go?
Murphy's Law is always in play in this country."What can go wrong, will go wrong." At least, it's always lurking, ready to bite!
In today's national newspapers there is a full page advertisement by the Bureau of Immigration announcing it's Alien Registration Project (ARP).
"All foreign nationals are required to present themselves before the Bureau of Immigration for biometrics capturing and issuance of Special Security Registration Number (SSRN) 01 October to 30 September 2015. ".
There is a 5-step process with step 1 being to download the application form from www.immigration.gov.ph Step 4 is to pay the necessary fees ranging from 500-700 p depending upon holding of ACR I-card.
From the BI Frequently Asked Questions:
What happens if I do not participate in the ARP? "Liable to arrest and deportation if found in violation of immigration laws".
What happens if I do not participate in the ARP within the compliance period? "Penalty of Php200 per month but not exceeding P2,000 per year".
If I am an illegal foreign national, will I be deported if I participate in the ARP? "No. Those illegally staying will be advised on the process to comply with immigration laws".
Exemptions:
-Those with valid ACR I-Card (except tourist ACR I-Cards).
-Tourist whose stay has not exceeded 59 days.
-"Those who are exempt from registration pursuant to law".
It doesn't specifically say so but I have enquired and found out that if you are here and registered under the Philippines Retirement Authority SRRV Scheme you are also exempt.
KongKing.
I saw this article on Yahoo today and wanted to get other's opinions on it:
http://www.investopedia.com/articles/personal-finance/031815/retire-philippines-200000-savings.asp
What do you mongers think, is this doable with $200 K? The article says that will last 14 years, assuming you live on $1200 a month. Having said that, the article doesn't seem to take in to account inflation, or if the dollar weakens.
I'm in my mid-30's, so this doesn't apply to my age group, but I can dream, can't I?
GoodEnough
03-19-15, 02:32
I saw this article on Yahoo today and wanted to get other's opinions on it:
http://www.investopedia.com/articles/personal-finance/031815/retire-philippines-200000-savings.asp
What do you mongers think, is this doable with $200 K? The article says that will last 14 years, assuming you live on $1200 a month. Having said that, the article doesn't seem to take in to account inflation, or if the dollar weakens.
I'm in my mid-30's, so this doesn't apply to my age group, but I can dream, can't I?I don't claim any expertise on the cost of living throughout the country. However, my 11 years of living in Davao, coupled with long stretches in metro Manila suggests that living here in any degree of comfort for such a small sum would be almost impossible. I'm sure that life in a small town or village and living the life of a local resident would be feasible for $1,200 but to enjoy any Western amenities, have access to your own transport, and secure decent accommodations would require significantly more.
GE.
assuming you live on $1200 a month.That amount is too small. That is roughly Php 52,800. 00. As the article correctly states, inflation is not accounted for.
GE is right in pointing out that it's insufficient to enjoy a similar Western lifestyle (own vehicle, decent accommodations not prone to floods or near squatter colonies, etc). One of the biggest expenses for any resident in the country is energy, whether gas for your car, electricity for your house and LPG for your stove. Power rates is what cripples the potential of the country.
If you regularly go after the ladies, you need more funds for your war chest.
I don't claim any expertise on the cost of living throughout the country. However, my 11 years of living in Davao, coupled with long stretches in metro Manila suggests that living here in any degree of comfort for such a small sum would be almost impossible. I'm sure that life in a small town or village and living the life of a local resident would be feasible for $1,200 but to enjoy any Western amenities, have access to your own transport, and secure decent accommodations would require significantly more.
After living here for 18 years, I agree with GE that $1200 would require frugal living, but I note that he qualified it with ". . enjoy any Western amenities, have access to your own transport, and secure decent accommodations. . ".
I find that when I spend any extended time in my wife's province, I spend around 1/8th of the budget I spend when in Manila so it is probably feasible if you don't hanker after the "western" lifelstyle or want to travel much (especially out of the country).
The big "elephant in the room" is the level of health care insurance one has, and whether there is any reasonable health care facility close to where a person decides to live.
As I get older, this factor seems to concern me more than anything else.
I need to live somewhere that I can get a competent doctor who, in the event of an unexpected life emergency, can give me sufficient life support to allow me to be transferred to a top-class medical facility. There are several placed sporadically in the country (Manila, Cebu and Davao), but nowhere else.
It may be the health factor that ends up sucking up the full budget of any retiree who is not covered by adequate health insurance.
GoodEnough
03-19-15, 09:03
The big "elephant in the room" is the level of health care insurance one has, and whether there is any reasonable health care facility close to where a person decides to live.
As I get older, this factor seems to concern me more than anything else.
I need to live somewhere that I can get a competent doctor who, in the event of an unexpected life emergency, can give me sufficient life support to allow me to be transferred to a top-class medical facility. There are several placed sporadically in the country (Manila, Cebu and Davao), but nowhere else.
It may be the health factor that ends up sucking up the full budget of any retiree who is not covered by adequate health insurance.I agree 100% with RK's comments, the truth of which were brought home to me profoundly over the past 3 weeks. I was fortunate to have been able to access very good health services at both Makati Med and Davao Doctors Hospital, and also fortunate to have health insurance that covers me wherever I am in the world. As I age, this is becoming an ever more critical consideration.
GE.
FreebieFan
03-19-15, 10:02
I need to live somewhere that I can get a competent doctor who, in the event of an unexpected life emergency, can give me sufficient life support to allow me to be transferred to a top-class medical facility. There are several placed sporadically in the country (Manila, Cebu and Davao), but nowhere else.
It may be the health factor that ends up sucking up the full budget of any retiree who is not covered by adequate health insurance.Totally understandable comments and totally correct. The reirement life looks great but access to first class, not third world class medical care can be the difference between a good few years or no few years. Bupa is expensive and worth every penny / cent / centavo as it covers and gives you access to a excellent care all around the world. Blue Cross, is a good Philippines version with no many places able to direct bill so no need for forms and lengthy waits for re-imbursements. PhilHealth which many retiress by virtue balikbayan or retiree visa 13 A etc status will grant you for a small monthly sum, will also give you what you pay for. And that in a nutshell is what medical insurance is. Something that you get what you pay for, and you pay for what you get. Save well potential retirees as medical insurance os going to be a bigger worry than the price of electricity or san mig or bar fines.
Wicked Roger
03-19-15, 10:22
I agree 100% with RK's comments, the truth of which were brought home to me profoundly over the past 3 weeks. I was fortunate to have been able to access very good health services at both Makati Med and Davao Doctors Hospital, and also fortunate to have health insurance that covers me wherever I am in the world. As I age, this is becoming an ever more critical consideration.
GE.A very good friend had a huge stroke in Makati 2 months ago, he fell on the street but the taxi driver was smart enough to take Hi to Makati Medical. There he received first class treatment and as he lives in Ortigas can access good physio. He was lucky to survive but is a fighter.
While he has insurance, the cost per day in the ICU unit was around 10-12 k PHP and on top were medicines, physio etc. He was there for 2 weeks just to stabilize his system. Think of the huge bill without insurance.
He is also a very nawty monger and his greatest concern was when and how he could shag. He asked the neurologist directly and received an equally direct answer LOL.
I saw this article on Yahoo today and wanted to get other's opinions on it:
http://www.investopedia.com/articles/personal-finance/031815/retire-philippines-200000-savings.asp
What do you mongers think, is this doable with $200 K? The article says that will last 14 years, assuming you live on $1200 a month. Having said that, the article doesn't seem to take in to account inflation, or if the dollar weakens.
I'm in my mid-30's, so this doesn't apply to my age group, but I can dream, can't I?You would have to live frugally I think. And that ain't living.
My approximate per month costs in Makati / Pasay.
Rental of furnished 1 BR condo inclusive of association fees, cable TV and Internet: p25,000.
Electricity: p5000 (This could be cut a lot by turning off the AC).
Groceries: p16,000 (I don't dine out too often).
Mobile: p300.
Transportation: p4000 (Taxis for night-time outings at p250 roundtrip + whatevs).
Movies: p2500 (Two tickets 4 times a month plus snacks).
Partying: p18,000 (Nightclub and 1-2 bars at p3000 once a week and cheaper outings other nights).
Dining out: p6000 (Dinner for two at p1500 once a week. On occasion special dinners, ex. B-day, Xmas at p4000-p6000).
Laundry + Ironing: p3000 (Most of my laundry is done at home. This is for washing large items and pressing of shirts and trousers).
Dating site membership: p1000.
Incidentals: p15,000 (I reckon p200 per day. Some days I spend nothing, other days it'll be more. A venti latte w / 2 extra shots of espresso is p200.)
Many of the costs are a bit high, but I'd rather over estimate costs and come in under budget than underestimate them and be screwed.
That's about p100,000 which is approx. U$2250. You'll note I haven't included any other costs such as travel to other cities, sport fees, shopping, gifts, etc. Visa fees depend where you're from and at which 2-month period you are at your stay. And as others note, health insurance and medical fees / prescriptions. I don't have a maid. I don't have a car.
I'm sure I've forgotten many things.
Other than basic fruits and vegetables, You're going to find healthy food ranging from hard to impossible to find in many places. So if you want to postpone those hospital visits, you probably want vitamins.
A single low quality 1,000 mg vitamin C starts at 4 pesos each if you can still find it in those small "Health" booths in the malls. At the GNC's you can find more things, but the price tag might give you a heart attack. The point is if you have an interest in anything more than very basic supplements, you're going to have to import them. If you keep your order under $150 USD, you won't get hit with a big tariff, just p100. So there's a couple hundred a month right there because shipping is going to run $60-$70. You can find a US company that uses USPS, and that transfers to PhilPost once it hits Manila. It sits there for a good week, so you'll probably see it in 2-3 weeks time.
Same goes for medicine, expensive. You're going to want a line on that too if you need it. And don't be surprised if the local pharmacy never even heard of what you're looking for.
Asian Rain
03-19-15, 16:13
Really interesting to get that breakdown Huts. That's reality. For the guy who is going to live on half of that, I would be interested to see what they would cut out / down and what that would mean for lifestyle. Although it seems a million years from now, I have begun to ponder retirement and the lifestyle I would want to have. The "others" you mention at the end would add on quite a bit depending on personal lifestyle (e. G. Mongering habits, car, maid) and practical fate (e. G. Medical problems). And most guys who seem to be budgeting for far away retirement based on today's prices haven't factored in any concept of inflation. A venti latte won't cost the same 5 years from now.
Agree a million percent on one aspect: better to overestimate. I wouldn't want to find myself having taken a one-way ticket to the Duma Retirement Village at 65 only to find out that I have to make a daily choice between paying for aircon, paying for viagra or having clean shirts.
Really appreciate any other insights you might have on the cost of living elements. Enjoy the Philippines, AsianRain.
You would have to live frugally I think. And that ain't living.
My approximate per month costs in Makati / Pasay.
Rental of furnished 1 BR condo inclusive of association fees, cable TV and Internet: p25,000.
Electricity: p5000 (This could be cut a lot by turning off the AC).
Groceries: p16,000 (I don't dine out too often).
Mobile: p300.
Transportation: p4000 (Taxis for night-time outings at p250 roundtrip + whatevs).
Movies: p2500 (Two tickets 4 times a month plus snacks).
Partying: p18,000 (Nightclub and 1-2 bars at p3000 once a week and cheaper outings other nights).
Dining out: p6000 (Dinner for two at p1500 once a week. On occasion special dinners, ex. B-day, Xmas at p4000-p6000).
Laundry + Ironing: p3000 (Most of my laundry is done at home. This is for washing large items and pressing of shirts and trousers).
Dating site membership: p1000.
Incidentals: p15,000 (I reckon p200 per day. Some days I spend nothing, other days it'll be more. A venti latte w / 2 extra shots of espresso is p200.)
Many of the costs are a bit high, but I'd rather over estimate costs and come in under budget than underestimate them and be screwed.
That's about p100,000 which is approx. U$2250. You'll note I haven't included any other costs such as travel to other cities, sport fees, shopping, gifts, etc. Visa fees depend where you're from and at which 2-month period you are at your stay. And as others note, health insurance and medical fees / prescriptions. I don't have a maid. I don't have a car.
I'm sure I've forgotten many things.
I heard from USA Embassy man that there are 300,000 retirees in Phillippines. 200,000 in the surrounding Cebu reporting area. What is interesting is major companies are building quite a few retirement and / or assisted living homes in the Cebu area. I am guessing the monthly costs are $1,500 plus or minus.
The other interesting thing is when I deplane in Manila from my flight from USA there are about a dozen wheelchairs and handlers waiting. Also there is a special immigration line for the wheelchairs. The people in the wheelchairs are 80+ yo Americans. I assumed they are headed for assisted living care facilities in the Philippines. Just an assumption on my part.
I have fiqured it would take $3,500 to $4,000 per month for me to be comfortable in Philippines. That is not taking in to account additional travel expenses or medical costs. This would only be a decent lifestyle with part-time liveout housecleaner / cook.
<Snip> I would be interested to see what they would cut out / down and what that would mean for lifestyle. <Snip> One thing they cut out is the ability to travel in and out of the country. And in an emergency they cut out their visa extensions. And then when things get really rough, like that medical thing you mentioned, allot become economic refugees. They're stuck in the country. Hopelessly overstayed visas. If they don't have good friends or family back home, no one else gives a shit. They just drink themselves to death, or otherwise die in the filthy street. Happens all the time in Phil and everywhere else.
I have fiqured it would take $3,500 to $4,000 per month for me to be comfortable in Philippines. That is not taking in to account additional travel expenses or medical costs. This would only be a decent lifestyle with part-time liveout housecleaner / cook.Philippines is a cheap place to live.
An average working at department stores make 500 peses / day. A call center person can make about 700/ day. The average income per capita is $1000/ year. Yet they live perfectly fine in the Philippines.
Food is cheap if you cook local food. Nightlife is cheap. Get a girlfriend instead of paying for expensive working girls in edsa. You can live for $1000/ month and live like a king. Stop making everything with western standards and go with the flow.
Wicked Roger
03-19-15, 21:00
I
200,000 in the surrounding Cebu reporting area. The people in the wheelchairs are 80+ yo Americans. I assumed they are headed for assisted living care facilities in the Philippines. Just an assumption on my part.That many Dg? Never knew it was that large a number but I have noticed a lot of Americans in and around the city. As for wheelchair guys maybe they go straight to one of the Ayala Centre girls who regularly walk the mall. Seen one regular with 4 different guys all in wheel chairs wheeling them out of the mall most likely o her 'nursing home' LOL.
Really interesting to get that breakdown Huts. That's reality. For the guy who is going to live on half of that, I would be interested to see what they would cut out / down and what that would mean for lifestyle. Although it seems a million years from now, I have begun to ponder retirement and the lifestyle I would want to have. The "others" you mention at the end would add on quite a bit depending on personal lifestyle (e. G. Mongering habits, car, maid) and practical fate (e. G. Medical problems). And most guys who seem to be budgeting for far away retirement based on today's prices haven't factored in any concept of inflation. A venti latte won't cost the same 5 years from now.
Agree a million percent on one aspect: better to overestimate. I wouldn't want to find myself having taken a one-way ticket to the Duma Retirement Village at 65 only to find out that I have to make a daily choice between paying for aircon, paying for viagra or having clean shirts.
Really appreciate any other insights you might have on the cost of living elements. Enjoy the Philippines, AsianRain.Happy to help. It really depends where you will live. My rent is low for a secure, comfortable condo with pool in Makati and now Pasay. One certainly could find much cheaper yet unsecured accommodation with no amenities. Or one could buy. Turn off the AC and electric will be quite low. I could cut my grocery bill; I like imported ribeyes at p1500 per kilo, portobello mushrooms and a decent claret. Chicken is very affordable. I cook a lot of Thai and Indian dishes. In some cases I already have cut my spending. I consume 1kg of tea per month; a low-end Earl Grey at high-end TWG is p4000 per kg. That's too much. I go to the Indian grocer and get a kilo of mediocre-quality Indian tea for p400 + a few boxes of chai masala powder. Instead of going with bottle service at a nightclub I could economise. Heck, occasionally I drink at Filipino bars where a bottle of Red Horse is p36. I could iron my own clothes. I can download movies rather than go the cinema. I'm sure I could easily cut 20-30%. I don't live a lavish life (I ride the jeep, launder my clothes, clean my condo, and cook often at home), but I also don't one of deprivation either.
I heard from USA Embassy man that there are 300,000 retirees in Phillippines. 200,000 in the surrounding Cebu reporting area. What is interesting is major companies are building quite a few retirement and / or assisted living homes in the Cebu area. I am guessing the monthly costs are $1,500 plus or minus.
The other interesting thing is when I deplane in Manila from my flight from USA there are about a dozen wheelchairs and handlers waiting. Also there is a special immigration line for the wheelchairs. The people in the wheelchairs are 80+ yo Americans. I assumed they are headed for assisted living care facilities in the Philippines. Just an assumption on my part.I reckon most of these retirees are ethnic Filipino US citizens, i.e. Fil-Ams. Those who are Pinoy likely have purchased property here and can afford to hire a live-in caretaker if not have relatives who will do so.
I have fiqured it would take $3,500 to $4,000 per month for me to be comfortable in Philippines. That is not taking in to account additional travel expenses or medical costs. This would only be a decent lifestyle with part-time liveout housecleaner / cook.You will live very comfortably. That being said, it's always best to control costs. I've seen some folks blow through money. It's alway a good idea to plan for an emergency and have the liquidity available to handle it. Obviously you know what's best for you, but U$2000-2500 will get you a very nice quality of life. And you can live on less. Domestic help is affordable. I enjoy cooking and there are decent culinary schools in the Philippines. You have a lot of hours to burn each day.
Philippines is a cheap place to live.
An average working at department stores make 500 peses / day. A call center person can make about 700/ day. The average income per capita is $1000/ year. Yet they live perfectly fine in the Philippines.
Food is cheap if you cook local food. Nightlife is cheap. Get a girlfriend instead of paying for expensive working girls in edsa. You can live for $1000/ month and live like a king. Stop making everything with western standards and go with the flow.Indeed it is inexpensive here. I guess you and I define king differently. I need a sceptre, my throne, and my bejeweled velvet robes. You can rent a little 1-room apartment in QC or Caloocan for p3000-5000 a month, or get a nicer place for p7000-8000. You can never take a taxi. If a girl has no family to live with then it's a bedspace or share an apartment with a group, 2-4 girls per room. Indeed, you can live like a Filipino wage earner. Do you want to? More importantly, do you think that quality of life is enticing to highly desired women who are getting hundreds of messages on DIA/FC/etc daily? You needn't be a multi-millionaire to enjoy life here in a way that would boggle the minds of most men, yet living a step or two above destitution isn't a prudent gambit, IMO. You may want to check the Philippine economic indicators, http://data.worldbank.org/country/philippines. Caveat: some countries that are donor recipients tend to underreport so they can keep their hands in the cookie jar.
That many Dg? Never knew it was that large a number but I have noticed a lot of Americans in and around the city. As for wheelchair guys maybe they go straight to one of the Ayala Centre girls who regularly walk the mall. Seen one regular with 4 different guys all in wheel chairs wheeling them out of the mall most likely o her 'nursing home' LOL.That was the number he gave me. These are mostly non-Filipino American retirees. They could be living all over the Philippines south of Manila as the other 100,000 report to Manila embassy.
I could live for a lot less and enjoy less. But why if I can afford it and want more? Why would I move to a lower lifestyle?
That was the number he gave me. These are mostly non-Filipino American retirees. They could be living all over the Philippines south of Manila as the other 100,000 report to Manila embassy.
I could live for a lot less and enjoy less. But why if I can afford it and want more? Why would I move to a lower lifestyle?I didn't know the US tracks retirees by race or ethnicity.
It's your money, spend it as you like. I have the same amount as you available, but in my life I've learnt fiscal prudence pays for me. Life sometimes hands you $20,000 surprises. And as I said previously, I'm not deprived whatsoever. I just prefer to keep as much money earning a return to spending it.
Has anyone considered working as a barker? Or even owning your own jeepney and becoming a driver?
http://thephilippinepride.com/10-underrated-jobs-that-pays-better-than-your-exhausting-call-center-chores/
According to the above article, they make around 30 k pesos a month. That's enough to live comfortably and mitigate your burn rate. If I am living well at $1000/ month, that reduces my required spending to only $600/ month.
Can someone recommend a job that pays just as well in Philippines for foreigners to retire? Call center people only make about 20 k pesos a month.
Can someone recommend a job that pays just as well in Philippines for foreigners to retire? Call center people only make about 20 k pesos a month.Don't rule out selling Viagra and Cialis in the street. Maybe some DVDs. Laserpointers. A torch.
May want to investigate what is permitted under your visa, http://manila.coconuts.co/2015/01/30/bureau-immigration-arrests-73-foreigners-fake-makati-call-center , http://www.gmanetwork.com/news/story/383808/news/metromanila/50-illegal-foreign-workers-arrested-in-makati-call-center.
Fastpiston
05-16-15, 08:10
Happy to help. It really depends where you will live. My rent is low for a secure, comfortable condo with pool in Makati and now Pasay. One certainly could find much cheaper yet unsecured accommodation with no amenities. Or one could buy. Turn off the AC and electric will be quite low. I could cut my grocery bill; I like imported ribeyes at p1500 per kilo, portobello mushrooms and a decent claret. Chicken is very affordable. I cook a lot of Thai and Indian dishes. In some cases I already have cut my spending. I consume 1kg of tea per month; a low-end Earl Grey at high-end TWG is p4000 per kg. That's too much. I go to the Indian grocer and get a kilo of mediocre-quality Indian tea for p400 + a few boxes of chai masala powder. Instead of going with bottle service at a nightclub I could economise. Heck, occasionally I drink at Filipino bars where a bottle of Red Horse is p36. I could iron my own clothes. I can download movies rather than go the cinema. I'm sure I could easily cut 20-30%. I don't live a lavish life (I ride the jeep, launder my clothes, clean my condo, and cook often at home), but I also don't one of deprivation either.
I reckon most of these retirees are ethnic Filipino US citizens, i.e. Fil-Ams. Those who are Pinoy likely have purchased property here and can afford to hire a live-in caretaker if not have relatives who will do so.
You will live very comfortably. That being said, it's always best to control costs. I've seen some folks blow through money. It's alway a good idea to plan for an emergency and have the liquidity available to handle it. Obviously you know what's best for you, but U$2000-2500 will get you a very nice quality of life. And you can live on less. Domestic help is affordable. I enjoy cooking and there are decent culinary schools in the Philippines. You have a lot of hours to burn each day.
Indeed it is inexpensive here. I guess you and I define king differently. I need a sceptre, my throne, and my bejeweled velvet robes. You can rent a little 1-room apartment in QC or Caloocan for p3000-5000 a month, or get a nicer place for p7000-8000. You can never take a taxi. If a girl has no family to live with then it's a bedspace or share an apartment with a group, 2-4 girls per room. Indeed, you can live like a Filipino wage earner. Do you want to? More importantly, do you think that quality of life is enticing to highly desired women who are getting hundreds of messages on DIA/FC/etc daily? You needn't be a multi-millionaire to enjoy life here in a way that would boggle the minds of most men, yet living a step or two above destitution isn't a prudent gambit, IMO. You may want to check the Philippine economic indicators, http://data.worldbank.org/country/philippines. Caveat: some countries that are donor recipients tend to underreport so they can keep their hands in the cookie jar.I agree that costs are generally cheap, but not all things. Power is expensive as are electrical appliances.
Jack Burton
09-25-15, 18:22
I too am looking for shorter term apartment rentals and coming up short. Looking to stay a couple months, on a 59 day visa, and looking for a more affordable option than staying in hotel. Be sure to post if you find any options. Surprised by how little there seems to be.https://www.airbnb.com/ Many list 1-7 days, but I am sure they will negotiate for your time period if not already booked. Many price ranges available. No hotel safe, though, and scams possible, of course.
https://www.airbnb.com/ Many list 1-7 days, but I am sure they will negotiate for your time period if not already booked. Many price ranges available. No hotel safe, though, and scams possible, of course.Airbnb is a great resource and yes, many owners will negotiate if you ask. I won't rule out the possibility of scam entirely because some scammers are quite clever, but with airbnb you're paying the company and not the landlord, and it claims to provide refunds if complaints are filed in accordance with the policies. Also, you have the ability to read guest reviews; if a owner is running a scam someone will soon post a complaint. Prior to moving to Manila I researched condos on craigslist, sulit and property websites but I wouldn't sign a contract or send money sight unseen. Upon my arrival I stayed at a hotel for several days and visited the condos until I found a place that met my requirements. If one intends to stay long term it is more economical to look outside airbnb (after your arrival) because its rates are 2-3 times more expensive than what you may find on your own. In the airbnb condo owners' defence they have to anticipate a tenant's running the AC all the time, and Meralco electricity is expensive here.
https://www.airbnb.com/ Many list 1-7 days, but I am sure they will negotiate for your time period if not already booked. Many price ranges available. No hotel safe, though, and scams possible, of course.Jack .
Did you realize that you were responding to a post dated 1/1/13 when you replied to Mongerman69 about trying AirBnB.
Though the information about AirBnB is helpful from Huts, I find that the add-on costs with deposits, bonds etc plus the fees for Air BnB are excessive for relatively short-term stays. I am sure it probably works out cheaper for 2 - 6 months but, as Huts pointed out, the photos advertising places are always excessively flattering and it's risky to pay long-term sight-unseen.
I checked out Air BnB for a recent 22 day stay in Sydney and I found that it was much cheaper to stay in a 4 star hotel with a negotiated rate with the hotel for an extended stay. They even threw in free laundry once each week for me. No advance deposits; room cleaned and sheets changed every day too.
Jack .
Did you realize that you were responding to a post dated 1/1/13 when you replied to Mongerman69 about trying AirBnB.
Though the information about AirBnB is helpful from Huts, I find that the add-on costs with deposits, bonds etc plus the fees for Air BnB are excessive for relatively short-term stays. I am sure it probably works out cheaper for 2 - 6 months but, as Huts pointed out, the photos advertising places are always excessively flattering and it's risky to pay long-term sight-unseen.
I checked out Air BnB for a recent 22 day stay in Sydney and I found that it was much cheaper to stay in a 4 star hotel with a negotiated rate with the hotel for an extended stay. They even threw in free laundry once each week for me. No advance deposits; room cleaned and sheets changed every day too.I booked a one bedroom unit in Makati with AirBnB about two months ahead of time for a 18-day stay in Makati. The price was great as it worked out to around half of what a very similar unit in the same building normally costs booked through one of the hotel sites. However, around 10 days before my arrival, I got an email from the owner of the unit cancelling my stay.Due to "unexpected maintenance". My hunch is that the owner had got a booking request for a much longer period of time that overlapped my intended dates, and just decided to dump me. No proof of that, of course.
Just a hunch. At least AirBnB was very prompt in fully refunding my deposit, and they offered other similar units for my stay at a slight discount. However, I ended up booking a similar unit in the same building with a different company.
Though the information about AirBnB is helpful from Huts, I find that the add-on costs with deposits, bonds etc plus the fees for Air BnB are excessive for relatively short-term stays. I am sure it probably works out cheaper for 2 - 6 months but, as Huts pointed out, the photos advertising places are always excessively flattering and it's risky to pay long-term sight-unseen.
I checked out Air BnB for a recent 22 day stay in Sydney and I found that it was much cheaper to stay in a 4 star hotel with a negotiated rate with the hotel for an extended stay. They even threw in free laundry once each week for me. No advance deposits; room cleaned and sheets changed every day too.YMMV of course, but my 14-day stay next to MoA was cheap, no hidden surprises, up front with costs (per night plus cleaning fee IIRC), clean, convenient, and photos were accurate. I could also do my own cooking and laundry. If I wanted to. I'd definitely do it again.
Jack Burton
10-07-15, 06:46
Jack .
Did you realize that you were responding to a post dated 1/1/13 when you replied to Mongerman ... much cheaper to stay in a 4 star hotel with a negotiated rate with the hotel for an extended stay. They even threw in free laundry once each week for me. No advance deposits; room cleaned and sheets changed every day too.I realized it after I hit send. YMMV. In the Philippines it's always short-term thinking, so it's the best deal for today that matters. And depends on part of country. I'd start wtth modest hotel if on a tight budget and new, and use time to look around in person.
I.
Fastpiston
04-24-16, 04:58
For those interested, as of November last year, Thailand now has a 60 day multiple entry tourist visa valid for one year. The Philippine equivalent is called a one year 59 day multiple entry visa. Both must be obtained from consulates offshore their respective countries.
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