I have been to the Phillipines four times since 1979! My son and I just returned from three wonderful weeks in Manila, Bulacan, CDO, Marinduque and Davao. I have a goal of retiring there within two years. I am not sure which location I want to pursue. The Filipinos are wonderful, warm, hospital people and their respect in their culture is so outstanding! Very good information! Salamat!
Glad it was helpful, yes I heard about the new tax law of thailand for expats starting January 2024. I will make a separate video about PH taxes in coming weeks. Stay tuned folks
just to be clear though what they mean to say is that there is no extra tax to pay on overseas pensions and overseas earning but you still pay exactly the same tax as if you had stayed overseas and not retired in the philippines - its not tax free at all ! - and as for the so called tax break on bringing $7k of your own possessions into the country to live !!!!! hahaha funny - taxing someones second hand possessions as they entered the country to live would be the most bazaar thing to do 😅
I just returned to America from a 6-week visit to the Philippines, in Sep-Oct 2023. My plan was to retire in the Philippines, that is why I stayed there for 6 weeks. After what I have seen in the Philippines, I am NO longer so sure about retiring there. Here is a short summary why: 1) In the United States, the greater majority of dog-owners "scoop the poop" of their dogs when those dogs defecate on the streets. In the Philippines it is the OPPOSITE. Most Filipinos do NOT "scoop the poop" of their dogs on the streets in Metro-Manila. I had to clean the soles of my shoes 3-4 times a week, because many of the streets were littered with dog feces. 2) Many of the streets in Pasay City were narrow and had NO sidewalk. I was at the mercy of being side-swiped by passing cars and motorcycles, while I tried to avoid the dog feces on the narrow streets. 3) The air pollution in Baguio City and Metro-Manila hit my lungs hard. I developed a cough, while my lungs tried to detoxify from the air pollution. 4) Widespread business fraud, inefficiency and incompetence, in Baguio City and Metro-Manila. 5) Searing heat from the weather. I was wearing shorts and short-sleeves to cope with the heat in Metro-Manila. Still the level of heat was often punishing.
If your wife is Filipina, you can bring your ENTIRE household with no additional fees. Forget the $7,000. She is the one moving, not you. Instead of the SRRV, get the 13a visa, your wife dual citizenship . You can own as much property as you want instead of 1000 sqm limit. A lot cheaper too for the visa.
This video totally confirmed my 2 to 3 years of research !!! My only obstacle may be the prices for Airfare ??? And I am allowed to work part-time which I need and will do to help with Airfare !!!
Crime rate? My daughter had a traumatic experience with celphone snatcher inside a passenger jeepney. She fought with the snatcher while other passengers just look on, even the jeepney driver did nothing. Eventually, she lost her celphone! And know what? The passengers advised her, “don’t fight with snatcher, just give them what they want”… Pinoy mentality? She reported the incident to the barangay but nothing… the kapitan Dodie Plata said, these might be the snatchers from Calaanan Area (Monumento). My daughter was extremely terrified & decided to just go back to CA to continue her studies. Because she witnessed also a lot of necklace-snatching, pickpockets, cellphone grabbing, days while waiting for her flight back home. I know, crime is everywhere but I can say, it’s more & horrendous in the Philippines…
every local knows not to use your phone when you are on a jeepney and the other passengers are right not to fight the snatcher, just give your phone and walk away unharmed
I would like to do serious research on retiring in the Philippines. I have questions that none of the videos I have seen even come close to answering. Do you have any pointers?
Go find a job If you find You will get 450 pesos a day A kilo of potatoes is 150 Onions 200 Gasoline 65 a liter After living a week on rahman noodles you will be begging your consulate for a ticket back tonyour country
I will be retiring to the PI in January. There are many digital nomads like myself. You say the internet connections are strong. Dependable wifi and electricity are important. Is this only the case in certain areas of the country, like the big cities?
If you dont have any peoperties that arent generating income and you are not dual citizen then its good to retire in pinas but if you have health issues and with a generating income then you have to pay taxes thats a big lie you are saying.
Hello from Seattle! I have been to the beautiful Philippines 19 times and going again for the holidays! We built our house there and now building our beach hotel there. We open next year and will move permanently next year! LETS GO PHILIPPINES!!!!🎉🎉🎉🎉
@@PhilippinesUpdate Thanks! We are building our hotel in Opol near Cagayan De Oro City. Working 2 full time jobs for years to build slowly but surely. 1 more year and we open. Stay tuned. Have a great weekend!
The Philippines should change its constitution, remove the 60/40 protective policy, and apply 100% foreigner ownership of all large-scale businesses. We should start atttacting corporate ex-pats and serious large-scale investors. Otherwise we will just become a haven of lazy Westoid anarchists and anarcho-communists retirees who don't know any other livelihood but vlog, Pinoy-bait, and beg.
I have been to the Phillipines four times since 1979! My son and I just returned from three wonderful weeks in Manila, Bulacan, CDO, Marinduque and Davao. I have a goal of retiring there within two years. I am not sure which location I want to pursue. The Filipinos are wonderful, warm, hospital people and their respect in their culture is so outstanding! Very good information! Salamat!
Useful information about taxes, particularly as Thailand is ‘muttering’ about starting them on Expat’s incomes!
Glad it was helpful, yes I heard about the new tax law of thailand for expats starting January 2024. I will make a separate video about PH taxes in coming weeks. Stay tuned folks
Seriously dang I was considering Thailand as one of my destinations 😊 beautiful women beaches might still go there just too young still.
Great video!! Please make an other video on expat taxes in the phillipines thanks
just to be clear though what they mean to say is that there is no extra tax to pay on overseas pensions and overseas earning but you still pay exactly the same tax as if you had stayed overseas and not retired in the philippines - its not tax free at all ! - and as for the so called tax break on bringing $7k of your own possessions into the country to live !!!!! hahaha funny - taxing someones second hand possessions as they entered the country to live would be the most bazaar thing to do 😅
I just returned to America from a 6-week visit to the Philippines, in Sep-Oct 2023. My plan was to retire in the Philippines, that is why I stayed there for 6 weeks. After what I have seen in the Philippines, I am NO longer so sure about retiring there. Here is a short summary why:
1) In the United States, the greater majority of dog-owners "scoop the poop" of their dogs when those dogs defecate on the streets. In the Philippines it is the OPPOSITE. Most Filipinos do NOT "scoop the poop" of their dogs on the streets in Metro-Manila. I had to clean the soles of my shoes 3-4 times a week, because many of the streets were littered with dog feces.
2) Many of the streets in Pasay City were narrow and had NO sidewalk. I was at the mercy of being side-swiped by passing cars and motorcycles, while I tried to avoid the dog feces on the narrow streets.
3) The air pollution in Baguio City and Metro-Manila hit my lungs hard. I developed a cough, while my lungs tried to detoxify from the air pollution.
4) Widespread business fraud, inefficiency and incompetence, in Baguio City and Metro-Manila.
5) Searing heat from the weather. I was wearing shorts and short-sleeves to cope with the heat in Metro-Manila. Still the level of heat was often punishing.
Try north Korea, you might fit in
Find a better place like a subdivision or live outside of metro manila
That's PI, love it or hate it
Please make a comprehensive video about tax exemptions living in the Philippines as retiree ! - thank you
just looked at one (NONE)
If your wife is Filipina, you can bring your ENTIRE household with no additional fees. Forget the $7,000. She is the one moving, not you. Instead of the SRRV, get the 13a visa, your wife dual citizenship . You can own as much property as you want instead of 1000 sqm limit. A lot cheaper too for the visa.
This video totally confirmed my 2 to 3 years of research !!! My only obstacle may be the prices for Airfare ??? And I am allowed to work part-time which I need and will do to help with Airfare !!!
Yes. Tax review pls
Wow, is there really such a place?
Crime rate? My daughter had a traumatic experience with celphone snatcher inside a passenger jeepney. She fought with the snatcher while other passengers just look on, even the jeepney driver did nothing. Eventually, she lost her celphone! And know what? The passengers advised her, “don’t fight with snatcher, just give them what they want”… Pinoy mentality? She reported the incident to the barangay but nothing… the kapitan Dodie Plata said, these might be the snatchers from Calaanan Area (Monumento). My daughter was extremely terrified & decided to just go back to CA to continue her studies. Because she witnessed also a lot of necklace-snatching, pickpockets, cellphone grabbing, days while waiting for her flight back home. I know, crime is everywhere but I can say, it’s more & horrendous in the Philippines…
So take a cab
every local knows not to use your phone when you are on a jeepney and the other passengers are right not to fight the snatcher, just give your phone and walk away unharmed
Definitely a fabricated story
where the hell was she at, Tondo Manilla eating pag pag?
I would like to do serious research on retiring in the Philippines. I have questions that none of the videos I have seen even come close to answering. Do you have any pointers?
what is your question?
Me too but I'm also thinking of some other unmentionable places low population but great places of resources foreign friendly regions
i love Philippines
Go find a job
If you find
You will get 450 pesos a day
A kilo of potatoes is 150
Onions 200
Gasoline 65 a liter
After living a week on rahman noodles you will be begging your consulate for a ticket back tonyour country
I will be retiring to the PI in January. There are many digital nomads like myself. You say the internet connections are strong. Dependable wifi and electricity are important. Is this only the case in certain areas of the country, like the big cities?
Hi there, I made a separate video about best cities for digital nomad in the Philippines, please check out the channel. Cheers
Jealous but congrats I'm sure you've more than earned it ill go there when I can good luck
Bit hard to watch due to it, sounding like a robot AI voice, as opposed to human
Yes ,COVER THE TAXES AND USA .. EXPATS
Hello can you do a programe on tax
I run a company in Denmark I am a designer but I am also retired so i have my pension
Thanks
Max
If you dont have any peoperties that arent generating income and you are not dual citizen then its good to retire in pinas but if you have health issues and with a generating income then you have to pay taxes thats a big lie you are saying.
are you american?
Hello from Seattle! I have been to the beautiful Philippines 19 times and going again for the holidays! We built our house there and now building our beach hotel there. We open next year and will move permanently next year! LETS GO PHILIPPINES!!!!🎉🎉🎉🎉
Congratulations on your up and coming beach hotel, where is it located?
@@PhilippinesUpdate Thanks! We are building our hotel in Opol near Cagayan De Oro City. Working 2 full time jobs for years to build slowly but surely. 1 more year and we open. Stay tuned. Have a great weekend!
Do not retire in Philippines ypu ate below human here
yes please do a video on taxes
why no mention of their nearest neighbor,
Taiwan.
Hello fellow Curtis good question friendly toward Americans aren't they? I'd love to see what is there
Taiwan is very small
Wrong in the province you need cash
Please advise the tax breaks for an expat retiring in Philippines. Thanks
Which country are you from. It differs
THANK YOU THANK YOU THANK YOU
Please do tax video when you can, thanks
im retiring in 2031 i hope prices don't go up to much
I'll make a yearly cost of living video to keep everyone updated
You had me at no income tax.
Internet sucks
you can get starlink internet all over the phillipines
In the province's most don't speak English
The Philippines should change its constitution, remove the 60/40 protective policy, and apply 100% foreigner ownership of all large-scale businesses. We should start atttacting corporate ex-pats and serious large-scale investors. Otherwise we will just become a haven of lazy Westoid anarchists and anarcho-communists retirees who don't know any other livelihood but vlog, Pinoy-bait, and beg.
Dumaguete real estate is nightmare
Now its expensive in philippines
ROOSTER CROWİNG all day long ........starting 4.00 AM ..
dogs barking non stop, extrem poverty..
golddigers everywhere
Go to PH
Retirees lose their retirement benefits if they stay out of their country for more than 6 months.
I don't think so....
i
liar!
no
I can't stand these AI generated videos ... just recycled content with zero personalisation
I"LL be back to stay USA is no good to anyone any more not joking