Hmm… what is going on with the Philippines? For some reason, I believe that the Philippines is becoming a more desireable destination for people to live or retire in. Why do I say this? Well, as you can imagine, because of this website, I get a lot of e-mails from people who are interested in coming here to the Philippines to live. In the past, when I would get these e-mails from people, it was almost exclusively from people of retirement age, and people who were already married to a spouse from the Philippines, or had a love interest of some kind in the Philippines. In almost every case, these people who were inquiring were men who had Filipina wives or girlfriends, and wanted to spend their golden years here.
In the last few months, though, the e-mails that I have been getting on this topic have changed. Now, many of the inquiries I get are from people who have no apparent connection to the Philippines – no girlfriend – no wife. Another thing is that many of the people who write and ask me about living here are younger too. I even get inquiries from people in their 20’s who are thinking of permanent relocation to the Philippines.
Any ideas why the trend would be changing like this and I am suddenly hearing from a totally different class of people asking about living here? I don’t know for certain why, but I am thinking it is because of the worldwide financial crisis. People are seeing that life is different now. Jobs are not easy to find. Cost of living in the West is high. Maybe they are just disillusioned with life where they are now, and want a big change. Like I say, I don’t kow for sure why they are looking for this change, but it is apparent to me that a lot of people from many different backgrounds are indeed now looking for a new lifestyle.
For somebody in their 20’s or 30’s who have no marriage connection to the Philippines, being able to move here permanently is nearly impossible to do. About the only thing they could do is some kind of an investor’s visa, but that can take several hundred thousand dollars to obtain. Most such people simply don’t have this kind of money. Once you reach 40 years of age, you have the option of an SRRV (Special Retiree’s Resident Visa), and the amount of money that you need to invest in the country is drastically less. Of course, a person can come and live here on a tourist visa, but for a young person who needs to earn money, that doesn’t really work out.
Do any of you reading this have any other ideas why many other types of people seem to be considering a move to the Philippines? For me, I can’t think of other reasons why that would happen now, and I am certainly interested if you have an idea of why this trend seems to be happening. Your thoughts?