The American Dream Is Dead! - The Philippines Is The New Dream For Expats!
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- Опубликовано: 21 апр 2024
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The slow death of the U.S.A that I know, and grew up in, is a very sad thing to watch.
Fear not. Once the insurrectionists are swept out of office come November, positive change will be on its way.
I feel exactly the same way. It hurts my heart to see this happening. I am fearful of what may come. I want to leave the States & find a place in the Philippines or somewhere in SE Asia. So many are losing their homes here, can't afford a roof over their head & even families are turning to living in their vehicles! This should NOT be happening!! 😢
@@ThereIsSoulInArtUnion busting, decades of tax changes favoring the rich, = gutted middle class and many more millionaires and billionaires.
I for one, am not surprised.
I had already made the decision to retire abroad long before the decline.
But it very sad what the last 5-10 years have done.
Not just in the US. Turd-eau is screwing us up here in Canada with a spintered broomstick! Talking to most of my friends in the age range from the late 30s to 50s. None of them think they afford to retire. I'm from the Philippines originally. Moved to Canada before I was 2. I'm in my mid 50s now. But I think I will move back. But it helps that I have properties and a modern house to move into though.
I get on a plane in 10 days! The adventure begins...😊
Please keep us posted. Those of us who can't go yet.
Safe travels 👍🏻
A year and a half ago I made that pilgrimage. I'm envious of all the new and amazing experiences I know you will have. Congrats.
I’m jealous. Safe journey
I saw the writing on the wall 5 years ago. Had to wait 2+ years to turn 62 and started planning my escape. Coming up on 1 year and no regrets
I remember my “ countdown “ .
One year is a piece of cake
Just be sure to relocate to a tax friendly state
Did you wait for Social Security to set in before you left?
Sad fact is. Those who have been preparing for retirement for 20-30 years are doing just fine. The rest of us must move overseas to survive on social security.
@@keith4826 yeah, the state of the Philippines. ha ha ha
@@waltgreen8759 The state that you file your taxes in.
For example California = bad. South Dakota = good
If a US citizen moves abroad the last state of residence will collecting state taxes even after you leave.
So one should establish residency in a state that doesn’t have state income tax or tax Social Security.
Got a contract on the house today. Retiring at the end of May. Filipino wife of 20 years, 5year old son and I will be there soon.
Good timing, in 6 months your house will be worth 40% less. Foreclosures Are up 400% now and the media isn't covering it.
Fact,the wife arrived in Ohio tax day 2019.We live simple,NO debt,no house pmt..No car pmt.Our cost just to live has risen $11500 per year annually in 4 years,,yet our NET income has not risen any where close to that,,our young people have no chance with out help from mom and dad..
Sure global inflation is Bidens fault 😂 Trump had nothing to do with it 🙄
"our young people have no chance with out help from mom and dad" WTF are you talking about, all my nieces and nephews are killing with jobs and money. Yours must be woke with useless degrees in social engineering.
I pay $1240 per month for a small townhouse just south of the Twin cities which is actually very low for my area. A Big Mac combo meal now costs about $13.50 in my area just to give you and idea of how much inflation is killing the US. I have been good with my VA compensation but it would for sure go further there in the Philippines, which is why I will be heading over in the next few years.
Lived here in the Philippines now for 2 years and with my asawa...Love the USA BUT, Gio said it right...I did the smart move and now living here with a beautiful asawa in a beautiful country...Yes, there is poverty, but the people are beautiful and amazing...Friendly and caring and genuine...I've often told other filipinos, that yes, it's a beautiful country here, but it's the people that make this country (the Philippines) truly beautiful...Another Great video Gio! Yours are the BEST!
totally agree. The people and hospitality are such a huge pull for me in the PH and so refreshing compared to the hustle, aggression and rudeness we so commonly find in the day to day in the US.
There's outrageous poverty in the US as well. People just hide it well with materialistic belongings that make them poor. Not to mention all the homeless in just about every major US city. So America is looking 3rd world if not worse than other poor countries.
great information.
It is very expensive in the US, I just spent 10 days in Cebu and Dumaguete and it was sooo much cheaper. I stayed at Quest Hotel in Cebu and it was $47 a night. I spent $266 for a room in New York City for 1 night waiting to catch my flight to the Philippines and the room at Quest was just as nice. I live in the Orlando area and live ok on around 50k, but I live in a motorhome, so my lot rent is much cheaper than renting an apartment or house. My mom lives near me, is retired, has no mortgage and doesn't go out a lot and she still spends around $2200 / month, it ain't cheap to live in the US anymore and is just getting more expensive every day.
We stayed at Quest a few yrs back in Cebu and loved it. Wife even had a mild allergic reaction to shrimp and the concierge sent a private on duty nurse to come medicate her free of charge. We were super impressed by Quest.
My wife and I grossed $205k last year. I used to not have a budget and just saved 25% and spent whatever was left over but now we have a budget. We just went to an average restaurant in south Florida and for 3 of us it was $155. It was just a run of the mill chain restaurant. Even at our income with the inflation and cost living it is difficult to thrive in America. Our house in Cebu that cost $40k to build would cost over 300k here to build.
The new American dream is to get the hell out but with the money bag.
Personally, for SEA I'd try Thailand, Malaysia and Vietnam before going to the Philippines.
Agree but Malaysia is yesterday's idea, Thailand is great and Vietnam is tomorrow's good idea 💡
Thailand is Buddhist. Pol Pot was a Buddhist. Malaysia is Islamic. Vietnamese are atheists who generally don't like older men. Filipinas do. This world is headed for economic collapse. I would not want to be in any of those 3 countries when the collapse comes. Life in the provinces in the Philippines will change little during an economic collapse.
I’m in Cambodia 🇰🇭 for a visit. I could very easily live here.
From my experience they all have their positives and negatives. It's more about personal preference which one you will enjoy more.
You can scratch Vietnam off that list. They don't like long term foreigners here unless you are employing Vietnamese citizens. Vietnamese aren't looking to marry older foreigners. The cost of living isn't that low either, legally you can't live like a local as far as renting some cheap place. America sucks I get it, but unless you are quite wealthy there aren't very many countries to go to long term. If you have 3k a month plus in pension than you can just do a circuit of different countries. The PI seems a boomer's dream as except for a select few who did well in the US its not a place to obtain money but to spend it.
I talk a lot about it on my channel, life in the Philippines is just so fun and amazing, it’s also a huge place that happens to be a really cheap place to live, and you get the friendliest people in the world. What a great package deal.
Plus, English is very widely spoken, so you don't have to struggle with learning a new language. Or, you could choose to learn some Tagalog, if languages interest you.
Good points to consider about where one should look for a companion.
You can live in the US for 30K per year, as long as you live in a rural area, away from major cities...
Yeah, and you don't have to deal with constant power outages like the Philippines 😂
@@toddt5562 I haven't had a power outage in over a year here in Cavite. I have a gigabit fiber connection something I couldn't even get living in Florida. As long as you don't live out in one of the small islands you should be fine in the Philippines. If you live in BGC, Makati you don't ever have power outages because the condo you live will have a back up generator. You can afford to live in the big city here on just 2 grand a month try that in NYC.
You have to have the 30k in income to do that, good jobs in rural areas are much harder to come by. I figure I can cut my expenses down to 1/3 of what I pay in US if I lived in the Philippines after spending some time there.
I have had less than 6 power outages in two years and 5 of those were in Baguio City.
After moving to Makati a year and a half ago I have had one outage that was very short.
Also living in South East Asia on 30k a year is infinitely less stressful than trying that in the US
Yea to heck w/ living here in the US on only 30k lol. Last time I was in the PH my wife and I were living on the equivalent of 22k per yr (1800 usd per mo), taking road trips, nightly outings/dining and I was getting at least 3 massages a wk. That many massages here in the US alone would be half of your 30k by the end of the year. Lifestyle to lifestyle, yea drop me off in SE Asia and leave me if I can only survive in the US on 30k lol.
Inflation is very real the world round. Thanks for sharing.
I'm in the Ph and don't see the Philippine dream either and believe me the Ph is not for most.
Most westerners I've known fled the Phillies after the honeymoon period plus 3 years.
It takes some adjusting. I recently went to Cambodia and might go there for a year and see how I like it long term.
That's because it's mired in deep poverty and almost everything is filthy and grimy. It's very very expensive for any quality food or accommodation and even then it's just barely tolerable. It's dystopia except for dating young girls.
@@matrices3987older guys here are pretty much sponsoring these young girls, not really dating. Most of these girls have younger guy boyfriends their age
Gio is very knowledgeable on this topic . .
100% agree with you Gio. My first thoughts on comming to the Phillipines was: Wow this is a lot more like the country I grep in than the USA is now. Maybe it was the music. LoL
I'm from Canada and it's the same...BUT me, I have the fund $$$ and I'm working on the learning about Philippine and prepared to move there. Thanks for the Video GIO
It's not all roses here. It's hot and humid as hell and all i want to do is stay under the air conditioner. Plus the people here don't critically think and the slightest problem is a big problem here. For instance in my hotel room, I asked the attendant for a plunger, and before I knew it 4 people were involved including the hotel manager. This stuff is constant and i can't wait to get back to U.S You might want to visit first.
you can add Canada, England, New Zealand, Australia, ... to the list :(
If you want to learn about the Philippines spend at least a month or more before you make the move
Like you I had a friend that needed to rent his house because people moved out he's letting me rent it for 500 a month that's why I'm still in the states but it's not lasted long by the end of the summer I'll be coming to Philippines
Been out here for a while traveling about. It's amazing, you will love it.
I have been in the Philippines for 19 month. I am back in the usa 🇺🇸 for a month taking care of a few things and getting a big reality check on everything you just mentioned Gio! I am doing everything I can to finish my business here and get back to the Philippines ASAP!!
Cost of living is one of the main reasons, but do not forget about the people.
I’m planning on being there in July if everything falls into place. Will know more in a week or so around the time I will be leaving. Hope to meet you in Dumagete sometime.
When I went to college at Arizona State circa 1992, instate tuition was $500/semester, unlimited classes. My rent (which was located across the street from ASU) was $165/month plus utilities for my share of a 2BR/1BA unit. Today on Zillow that same unit rents for $1850.
I’ve no clue how the younger generation will survive, and completely understand why so many have just given up.
on point,,
Coming 😁
I think your videos were better when it was just going along with you on trips
Getting a college degree in the Philippines is viable option. We have a female engineer that received an engineering degree somewhere in Angeles City and now works as a nuclear engineer in Pearl Harbor, Hawaii. If I had a do - over, I would definitely take that route.
I would too
Please get more details from her. I'm looking for a good engineering school for my son that's accredited in the U.S.
@@Tony99992000 Any college/uni in the Philippines you can, as long as you pass the American standard work-related required exams before getting a spot in any Western country for high-paying jobs, I have cousins living in Iowa now as IT engineers who graduated here.
It's a sad thing living here and experiencing the decline. It is amazing how few people are talking about it, like it's not happening. But it is.
I don’t know who or how they came up with those numbers but I can assure you that they are grossly exaggerated; an income of $100,000 for a single person would put that person well into the top 10% of earnings in the US.
According to the US Census Bureau, the majority of Americans (54.98%) make $50,000 per year or less, while only 18% of individual Americans make $100,000 per year or more. This means that over 80% of Americans make less than $100,000 per year.Dec 30, 2023
Just searched that info
$113,651 gross for California sounds about right… It would net you $7103 a month after 25% in taxes, a third of which would be an ideal cap for mortgage or rent would be $2130. That’s what a nicer 1 bedroom apartment is going for here in Sacramento.
@@allanf6047Unless you want to go out for a hamburger then up it by 10% ;
Outrageous alright mate Something's Gotta change it's the same here in Australia it just doesn't make sense
I lived in Valencia from 2015 to 2019 with my Maya clone girlfriend Princess, on $1400 a month, All In. Gated, guard, 2 gyms dues, swim dues, eating out daily, and Red Table bills. I felt it was almost luxurious and I use "Air-Con" a lot. Now I live in a small south central Oregon city on.... $1500 solo with my Doberman. All In. Only difference is my railroad house I paid cash for, so no rent or mortgage payment. I think most Westerner's spend too much. Like fancy coffee, bottled water, car payments, so many ways. That $80k figure is bullshit. Just don't live where it's expensive. But, alas, there sure ain't any hot young Filipina honeys around here! Drats! (T'24!)
Why’d you go back?
0:34. Where are you getting these numbers? According to the US Bureau of Labor Statistics for Q4 of 2023 the median salary in the US is 48k. (Median is a MUCH more important term than average, as the average is pulled up by the extremes.) The "average" salary was 59k. Cost of living in WA is 17% higher than the national average, and the average cost of living in WA is 22k annually (groceries, rent, and utilities), remember the average includes Seattle, and the rest of King County, dragging the number up. A single guy in WA can comfortably live on 50k, depending on where in WA you settle (outside of King County), complete with savings, assuming said guy has decent financial hygiene. (It doesn't matter how much you make, or where you live, if you're irresponsible, you can use it all.)
Exactly. Those are probably from the biggest cities in the top most expensive states
I agree gio way over inflated incomes to !I've on however USA is getting ridiculous to live in, but if these countries keep getting huge numbers of foreigners coming in then get ready for higher rents etc its already happening due to all thee YT bloggers.
Ok I gotta math this
50k-23k for 401k bc he's financially responsible and max'd it out right?
=27k left to tax
minus 12% tax bracket
=23,760 net for the year or 1980/mo net
now lets run some fake but normal looking numbers
20k auto loan for 5 yrs at 5% = 377/mo
75/mo auto ins
60/mo cell
600/mo groceries/dining out
65/mo internet
200/mo gas
16/mo Netflix
250/mo elect/gas/garbage
25/mo dmv fees (yearly tag)
40/mo haircuts
800/mo rent
That leaves us -528 on the month my guy
Ok so lets drop the car payment lets assume car is paid for we are still -151/mo. And you mentioned said guy is saving? Now savings and retirement are two different buckets right, so maybe guy is not planning for retirement in your said scenario and only "saving"? Now I don't live in WA nor do I make 50k but if someone told me tomorrow I was getting demoted to 50k and had to move to WA this would be the way I would assess my potential situation and numbers. And the 50k salary just isn't mathing for me. So is said guy paying less rent than 800, not saving for retirement but instead just putting money in savings? Trying to understand how one can be "comfortable" on 50k in WA? Maybe he built a "shed to house" in the back country and cash flowed it, thus having no monthly rent lol? I mean there isn't even any fun discretionary spending in this budget so Im not sure about this 50k level of comfort we're talking about here lol.
@@JakeandJesset You are starting out your "financially responsible" life with an immediately irresponsible action. Saving 20% is the gold standard, not 46%. Also, if you're going to go with a large % savings, you should be deducting it from your income with a traditional, effectively lowering your taxes. If you're buying a 20k car, then you have TERRIBLE financial hygiene. You can get a quality reliable car for 4k, 6k effortlessly (which you should pay for with savings, auto loans are a waste of money), and since a car is a fast depreciating "asset" (read liability), this is not where your money should be going. Just fixing these two terrible assumptions you made puts us back in the black, now with a positive 1,479 a month (going along with your other numbers). Like I said, you have to have good financial hygiene, which your scenario does not.
Jake, no way you can only spend $600/month on food, household items, etc, anywhere in the USA, unless it's only 1 person. Going out to eat at fast food is $12 - $20, sit-down restaurant will be $20+/ea time. I am in agreement with your other items.
I can't find the link to the article. Did you forget, or did I miss it?
I agree Gio. For instance Im a nurse and where we are in Northern California I think the cheapest Nursing degree locally is about 60k for all 4 yrs right now. Now compare that to 2 friends of mine who recently graduated Nursing school in Bohol and their base tuition was 1k per yr. They are both now working here in Cali making that USD. Phenomenal return on their money. But I refuse to pay the scam college tuition in the US for our kids. They can either get the GI Bill like I did, if that will even cover it now a days, or I will pay for a college in the PH.
We are reverse engineering our way out of the US now bc this is more like the American Nightmare than a dream. We can live in the PH on 1/3 of what we are paying here in NorCal. And be surrounded by much more polite and pleasant people to top it off!!
Take care bud! Jake
Gio FABULOUS video and TRUE STORY about the American dream being way out of reach now for most people. Thank God there are great options like the Philippines to live a safe, comfortable n enjoyable life for 24k a year. Thanks again for an excellent report!
Yes! Thank you!
This can easily be done in the USA if you live in the right areas. Going to Asia to avoid expenses is not prudent if someone knows how to load up a U Haul. Myself and all of my peers live strictly from SS alone and only use investments for fun money. Don't believe the liberal media hype.
You’re not supposed to retire in your 40s. I worked in Thailand during my 40s but returned to the US on my 50th birthday in 2015. Glad I did bc there were far more good paying jobs for me than when I left in 2005. Which means my social security benefits will be higher (minus 10 years of not paying into ss) plus I have a great pension now as well. The only major cost increase I have seen is rent. That is caused by private landlords colluding to raise rents on everyone across the board. The other major change has been rightwingers taking away civil liberties.
Food is cheaper for me in California for me shopping in the grocery stores , you had to buy your home when it was a drop in the market and rates were good .
The Disney vacation so true. My daughter with her husband and 2 kids &5,000 up. Every year the park tickets cost and food increase
I wouldn’t even come to the PI without $20,000 In expendable cash. Not only do you have to rebuy everything for your apartment/house. But you are on the hook for 100% of all medicines, hospital bills and many hospitals demand payment before they will treat you. And if you are in the hospital they won’t let you leave until your bill is paid in full.
Yup, have that $20k for medical emergency, non-negotiable because it will arrive especially when we are aboved 60 years old.
You're going to Japan in August? You might want to rethink that. My 40 plus years experience living in Japan advise you to wait until October. July, August and these days even September are like living in a sauna.
Its out of control here
Totally agree. USA dream is gone . Was executive for many years, but don’t see future here
Cost of living in the states is crazy and here is much cheaper. Life is good, exchange rate is 57 pesos. So enjoy it but it can change. When I retired here the exchange rate was 42 pesos, so it can change. I pay for college (Riverside) and private high school (La Salle) here in Bacolod for about 10,000 pesos a month combined. I bought my wife a house in a decent subdivision. I bought my car (a repo) from BDO 9 years ago, still running great.
Remember the Philippines was once America!
I was on a live Gio people were saying $3k is not enough to come live in cebu Philippines for me and my girlfriend. They said I can't eat western foods, out or do anything. So I was really worried about that.
Make know mistake about it inflation is raising surprisingly fast here in the Philippines and anyone saying it isn’t are not paying attention.
For 2 people to eat at fast food is costing $35.00 sad it is
Hehe, would you like extra spit with that?
Phnom Penh Cambodia 🇰🇭. Went to a fine dining restaurant for lunch.
White table cloths good silverware and fine China.
I dad a Beef dish my girlfriend had roasted duck. Two fresh squeezed fruit drinks. Mine water melon and hers was mixed fruit.
$25 total for 2 people.
Right in the town center, river front.
A condo in las vegas nevada is about $300 k to be able to afford it you should be making about $100 k.Need to put 30% down to be able to secure a mortgage loan. Cost of living skyrocketed,it's the talks in Dr's reception areas,local barbershop etc,etc.how some people would forgo maintenance medications just to be able to eat.Some would debate to pay the rent or buy food. The American dream seems to be out of reach.
Yes
The Gen z generation(born between 1997 and 2012) is doing better financially than any other generation before them. They mark low in some other areas but they’re doing great financially.
Yeah, that’s the thing that scares me though it’s already bad enough that over the last decade every Tom, Dick and Harry has come over here as far as foreigners go if the world finds out the dream is actually over here it’s really not gonna be that much of a dream anymore when too many ex-pats show upthat generally messes everything up bring the price of everything up and before you know it, the Philippines has more foreigners than Filipino. I could see that being a nightmare.
Our place is in Mindanao I’m even thinking of buying more lots and building apartments here in Valencia or the surrounding area. Been coming here for 11 years. I love it.
I'm in mayabalay now. I LOVE IT!
3-2 2k SF pool near town ... How much?
Retired expat from the US livjng jn Thailand six years.
Everythjng great here- low cost of livjng,no jnflation, great people and weather, plenty of travel and things to do .
Havent missed the US for a moment. Would never go back,
Good luck.
Where in Thailand?
Lived in both. Thailand lots better IMO for retirement visa, far better accomodation, way way better food & healthy living in general.
Thailand safe vibe & largely run by women.
Phil's women can be better as more speak English... but i found them not as clean as Thai's. Mobile phone / Dating Apps have changed the game... so the attractive ones can be more arrogant & lazy. Lots guys online prepared to send them. They don't need a fat sweaty foreigner complaining how better the food etc is in the US to them all day.
@kongphooey7230 ha ha The Philippines is where Tland was 20 years ago. Love it here.
Bad air quality in Thailand, though
@@brucesnyder690 ... hahaha NO unfortunately .... not with mobile phones, internet, tiktok, dating apps & poor engagement with Filipinos / Filipinas with their heads staring at a screen.
Who would have thought the pandemic would turn everything upside down and really start the ball rolling as fast as it has? I left prior to the pandemic but looking back, there is no way I could afford to live in the states now. Healthcare alone can bankrupt someone let alone all the other rising costs. My initial reasons for leaving all came back to quality of life, weather and healthcare. The thing I see more than anything else is for men who want a relationship with a woman who appreciates and respects him.
My friend takes his 3 kids and wife and kids to Disneyland and other places there every year. It always cost them well over 10k.
The article states that you only need $52,000 to live comfortably in North Dakota. I would say that North Dakota doesn’t have any major cities and could represent the cost of living in the rural US.
These articles would be more useful if they reported the average, median and rural/city cost of living numbers.
we saw this coming, hence we moved out of the US 12 years ago. PH has dramatically change our lives. We 'own' things. (no debt) and are able to save money. It is just so much different. I am amazed that those that can do not make the move.
That's what happens when you send billions overseas.
Most of it is actually being wasted inside the country. Outside of the country isn't being handled correctly. Both Democrats and Republicans are to blame.
You are exactly right, Gary.
Republicans are red. Democrats are blue. And neither one gives a f*** about you.
Yes let Russia have Ukraine. They can have America next. Russian propaganda is running strong here today. Zero connection between supporting Democracy overseas and the cost of rent.
I don't think the US is doing charity by sending those billions, most of the tax money is wasted or spent inside the US. Also, in relative terms, it is peanuts.
I'm 59 going on 60 in August, I just want to retire and rent a beach house for around $600.00 a month and live out my life there, I truly hope this will still be do able in the next couple of years, I need desperately to get out of the states, got a lot of research to do, that's for sure...............................
Hi Gio…..I have watched all the RUclips Expat channels, your channel is best by far. You come across as a nice solid guy, straight up, true information and you are one of the very few that knew what they wanted, took time to be sure and living a good life. I have lived in Thailand 19 yrs. I did visit Phil’s 5 times but to me, same as Cambodia…….Phils you need to step back in time 30+ yrs and Cambodia is closer to 50 yrs. The food, the never ending lines, barking dogs, crowing roosters, and brown outs……..those things are not for me. I am biased to Thailand. Best to you and Mya (sp)
Home sales are up in the US. More than 4.5 million bought the american dream last year. A big Mac is $18 in Connecticut on 95. Around $3.65 everywhere else. Use whichever price supports your agenda.
That 4.5million was only for homes above $500k. If you look at the stats sales decreased for homes
I remember when inflation was described by how much a loaf of bread cost.
Now it’s how much fast food costs.
Bread in the US is not even bread anymore and fast food really isn’t food.
It wasn’t just the cost of living that made up my mind.
That looks like a nice little operation you have there .old folks in America are prey The American dream now is get the hell out!
Student loans in US is biggest scam ever for lifetime lmao.
Same thing in EU, its becoming impossible to go out on a trip, once a year at best.
As for 6 figure salary ? I have no idea what i need to do to get that lol.
I hope my sons will join me in the Philippines someday
I'm from the Philippines lived here in Illinois . everything is expensive.
So many people don’t plan for their future and that’s often why they have to move to a less expensive country or travel around the US as a nomad in an RV.
I started planning for my retirement 40 years ago and now live comfortably on 60 K a year here in the US.
$650,000 house that’s all paid for, new car, vacations.
I really couldn’t leave the US if I wanted to because of family obligations.
$2000 a month you’re living really good Geo. I’m in the states North Carolina. I own my own home my retirement $790 a month that’s what I live on in the US no problem. American dream is not gone.
Bottom line is the guys who were not only more successful as far as earnings and/or who have been preparing for retirement for 20-30 years will be ok but the rest of us who have only been doing so since age 50 will struggle-if you call moving to a tropical island with beautiful girls struggling.
I’m in ph now, I figure my expenses double in USA
You are right but many people live cheaper. My friend is 80 years old, she lives alone , having her own place fully paid for and lives comfortably on 33K in AZ. You can still find affordable rentals in PHX under 1K . of course, if you compare PHL prices with LA or Boston, thats a different story. PHL universities are way cheaper, no question, but the thing about universities is they are the place where you really make your future networking. It is not about what you know but Who you know. But hey, I am sure that your son will be happy in the PHL. The girls are way more friendly. Best of luck to both of you.
Retirement to Asia is growing fast as people grasp that the west is dying. After living for a year in the Philippines my filapina fiancé and I took a vaca to Thailand. We quickly realized that we both preferred Thailand to retire to. Reasons were affordability (similar to Ph but more for your $), food choices for expats were greater, cleanliness, traffic, health care, 5G etc. Overall things actually WORK here 😂. The best wives in the world are Filapinas so grab one and retire to Thailand…and visit the Philippines 👍
I agree !
That's best choice
I've always said that
Filipina wife
Live in Thailand
😊
I am choosing the Philippines BECAUSE nothing works there. An economic collapse is coming to the world. Last place I want to live is where there is an efficient government. I actually prefer that they can't keep the lights on. As to the food, Thailand has awesome food. But I am a good cook. I make great Thai, Chinese, Mexican and have made some awesome dishes by experimenting. When the collapse comes, life in the Philippine provinces won't change that much. For me, it won't change at all. I am going to be fairly self sufficient and will be able to trade for items I don't want to grow, like rice and pork.
Let's not forget the very high cost of a retirement visa in Thailand!
I just hope not too many westerners come and start driving up the prices year by year.
Do you get Medicare?
In the UK only philippines degrees gained since 2022 are recognised.
I own 35,000 I. School loans for 3 years of college. If you live in campus. It’s crazy expensive. And most own 100 k after graduate , crazy
I went into the military back in the day, they paid me to learn a trade.
At least in Massachusetts that is gross income not net
Everything is nice and rosy in the Philippines, until u have a medical emergency. They you might have a nightmare, u need cash for medical emergencies. I lived in the PI for 7 years, traveling there for 30 years. I have had 2 medical problems in cebu city, it was so so bad. The hospitals are not as clean as the west, they overcharged me on many items. They charge for lab work they did not do, and many of the nurses are young and have no experience. One tried to take blood from my arm, she could not get it to work. She then tried the top of my hand, there was blood all over the floor. It was a nightmare, i am now back in USa.
Your exactly right I'm still in the USA own my home single and and it still sucks here lol 😂 not to mention the bad weather conditions seem to happen everyday now have great day in the Philippines im in wv but not for long heading to Saipan then the Philippines soon if I survive the USA lol 😅
My mother and I went out the other night and ate chicken. It was jerk chicken , half a chicken, some bread, beans, and rice, slaw $78 not including tip
For me Thailand or Malaysia is the all-around best bang for the buck and all-around best bang for the psyche....🙂🙃🙂🙃🙂
Courses here that will land you a good job in America are Nursing, Medical Technology, Computer Science, Education, Physical Therapy, and Engineering.
100%
THailand is cheaper especially hotels, rentals and overall accomodation.💲💲
I like Thailand more than The Philippines. Thailand has better food. The Thais women are a little more beautiful.
I will retire this summer, and I think the Philippines would be better choice, especially the fact that I can communicate with the locals.
I miss mean tweets & thriving economy
Me too, instead of build back better Briben economy. it’s like trying to let a chimpanzee run the country.
People's debt in the US is out of control. Once that catches up to those on debt is when the trouble really begins.
Like all the free money we send to the rest of the world.
The US economy likes it when people go in debt.
How much is college in the Philippines and do they teach in English?
College courses are taught in English, cost varies depending on school but very inexpensive.
I just had two friends graduate from nursing school in Bohol they paid 1k USD per yr.
If I was living in the USA my pension would last 1 day. Living in the Philippines I always have $$ for savings at months end. That includes paying all of my expenses such as rent, electricity, food, transportation, entertainment, etc..
I live in Washington DC. For my area, $100k is net minimum, not gross. The alternative is to live a very poor life in a crime-ridden area on a diet of rice and beans.
But it can be done❤
Yesterday I went to an ice cream restaurant for 4 person cost me 45.00 dollars.
You just have to manage your money good. not be wasteful not act like something were not
Need a good relationship with god to live a good life anywhere. Prayer It definitely helps
Don't dream it, do it. And if you are going to do it- don't get fat and lazy in PI like the 75% of old expats i have seen on recent trips!!!
I can't add to my 401k or invest in stock anymore.
My finpno girlfriend is from the province and she speaks good English
The illegals around me have it figured out how to thrive in the US. Those that live where I live all get rental assistance, food stamps, and large tax refunds on their $5000 declared income [actually making 50K to 100K under the table.] with 5 to 10 dependents. They are doing well.
Cheaper to eat out every meal here than groceries in the US
Well the American dream for retires it’s leaves USA. And start fresh in a different country
You guys should try it here in canada. …. It’s a shit show. Not sustainable anymore. Time to go… if I’m going to have to live in a 3rd world country its dam well going to be warm.
Trudeau?
I left Canada in 2011 and never returned even for a visit. The cost of living is ridiculously high in Canada now and salaries are much lower than in the USA. I’m a very well-educated, experienced professional, and was born in Canada, but I can’t afford it.
@@garyzies3486Dustbin Turdo is by far the very, very, very worst Prime Minister in the history of Canada.
Just yesterday... We went on a tour of a college.. for our daughter... She wants to be an RN Nurse.. The school wanted.
$2,000 per year.. this covers everything.. Is living in a woman's dorm and food... One thing it does not cover is your books.. Yes this is not philippine..
2,000 a year it’s cheap. I own 35,000 on school l oh abs for only 3 years
2k per yr is cheap better enroll her quick lol
The American dream is to leave. Next week I will be in Baguio. Philippines. Maybe Da Lat, Vietnam, sometime in middle to late June. Who knows where next? The divisiveness of politics in the States is exhausting. We have one party openly talking about another Civil War. No thank-you! Not my idea of a nice retirement. I'll be voting absentee this year from somewhere in South-East Asia. Probably won't go back to the US for quite a while.