Cost Of Living Philippines: Living Like A King At Only $1000 Every Month

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

Thankfully, there are still places on earth wherein anybody can survive for less than $1000 and one of them is the Philippines. So, keeping in mind the Philippines cost of living, how far will your $1000 go if you're wondering how to retire in philippines?

1. The $300 rent

You can easily rent out a decent apartment or a home for just $300 a month in urban cities like Cebu and Davao, not including the home furniture. You could rent out a fully-furnished apartment if you're prepared to pay for a bit more.

2. The $200 food budget

If you're living alone or with your Filipino spouse, you can have a food spending budget of $200 monthly. Certainly, it doesn't cover the cost of dining at a Hilton hotel (yes, there are Hilton hotels in the Philippines).

3. The $12 hospital trip

Skip the general public clinics, visiting first-rate private hospitals in places like Cebu will cost you no more than $12 in doctor's fees. For anybody who is on prescription medication, there are actually chain store drugstores that carry doctor prescribed medicine from the United States and other countries.

Summing it all, the cost of living in the Philippines is substantially lesser than in remote locations in Asia. The advantage of it is that the Philippine authorities has special program for foreign retirees called the Special Resident Retirees Visa (SRRV).

Also, if you're married to a Filipino lady, you can make an application for a 13A visa, or 13B visa if you are not married and simply want to know how to retire in the philippines.

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