Now that you have reached the peak of your life or accomplished the things you want to do, the next step is to find that perfect spot where you can spend the rest of your days enjoying peace and quiet, picking up a new hobby, engaging with other people, or bonding with your family.
The big question is “Where should you retire?” You are now faced with the daunting task of choosing the ideal retirement destination for you. In order to do that, you have to take in consideration things like your budget, your preferred location, etc.
Looking at several options, you will surely find this small tropical island located in the South East Asia region – the Philippines. It has been cited as one of the world’s retirement haven in a recent survey conducted by the International Living publication. According to the result, the primary advantages of living here include affordable cost of living, ease of integration, medical facilities and availability of retirement infrastructure. Cebu, one of the country’s provinces, has also been recognized as a top retirement destination in several articles.
There is a wide selection available to retirees. From dynamic urban living to idyllic rural lifestyle, the Philippines has a lot to offer. Listed are some of the places deemed to be the quintessential retirement destinations as well as those offering high potential.
LUZON: The Largest Philippine Island Group
Identified as the largest among the Philippine islands, Luzon is home to majority of the top retirement destinations in the country. There are many options to choose from. If you’re used to the hustle and bustle of the metropolis, there are several key areas in the country that will offer you a great place. However, there are also interesting locations if you are looking to get away from all the hassles of city living.
METRO MANILA. Urban living is very appealing to some foreign retirees because of the advantages it offers. The diverse forms of entertainment, more advanced facilities, and close proximity to embassies and other key government agencies make this a popular choice for most foreign retirees. Aside from that, expats find it is easier to adapt in the city life because of its cosmopolitan culture and English speaking residents.
The first choice for foreign retirees would be Makati City. In 2012, it was recognized by the Philippine Retirement Authority (PRA) as the “Most Retirement- and Ageing-Friendly City” and became the first ever city awarded the “Best of RADAR (Retirement Areas Deemed as Retiree-Friendly) 2012.”
With its state-of-the-art amenities and innovative developments, Taguig City comes in second place as one of the most favored cities for retirement. This is followed by cities like Manila, Pasig, Mandaluyong, and Muntinlupa.
The catch, however, is that city living can be quite expensive. Since this is where prominent health care facilities and major establishments are found, prices are high – from housing to food and other basic necessities.