Cost of Living
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10 Best Businesses Retirees Can Start in the Philippines
Most retirees who settled in the Philippines often feel the need to do something new for their life. Although retired, it does not mean that their life are expired. Retirees and expats have resettled in the Philippines for their 2nd or 3rd chapters of life. While they enjoy their living in the Philippines, the inner…
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Preparing retirement in the Philippines?
Retiring in the Philippines is not only about choosing a beautiful island, buying a condominium, or finding a quiet place near the sea. The first practical question is legal residency: How can a foreign retiree stay in the Philippines long-term? To answer this question, the Philippines created a dedicated agency to provide service to the…
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The Philippines is an Upper-Middle-Income country.. what does it mean?
The World Bank Philippines recently announced that the Philippines is now classified as an upper-middle-income country. It described this as a milestone that reflects decades of progress, as well as the hard work, resilience, and aspirations of millions of Filipinos. This is certainly an important achievement. But as the country celebrates this new status, this…
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Planning a business in the Philippines?
The Philippines offers many small-business opportunities, but it is important to look at them realistically. A good business idea is not only about market demand. It must also match location, capital, skills, management capacity, permits, and local consumer behavior. In my opinion, business should start with the knowledge of Filipinos. Many foreigners and local entrepreneurs…
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Condo Living and Transportation in Manila for Newbies
For many foreigners and long-term residents, condominium living is one of the most practical housing choices in Metro Manila. Condominiums usually offer better security, convenient locations, building maintenance, and access to nearby malls, offices, restaurants, and transportation. But condo living in Manila is not only about rent or purchase price. There are several additional costs…
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A Newbie’s Practical Guide for Living in the Philippines
Living in the Philippines can be exciting, comfortable, and sometimes challenging. For many foreigners, especially Koreans and other long-term visitors, the Philippines offers warm weather, English-speaking communities, friendly people, and relatively lower living costs compared with many developed countries. However, living here is different from visiting as a tourist. A short vacation may show the…