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xcrewman
10-04-2010, 14:46
Folks...I have a couple of friends that foresee themselves retiring in the PI in 8 to 10 years. Husband will be pulling pension from his retirement. What is a comfortable gauge to determine your wealth in your country?

What is the average salary of lawyers, doctors and senators...

Place the mentioned was Tagatay.

Allegra
10-04-2010, 17:18
I would say , if you stay away from Manila you could have a very comfortable living at a 100k pesos a month ( $2500 a month )

then again, I'm pretty happy and surprised my personal expenses is only 10k pesos a month and that includes gas and a lot of hobbies

sandman_sy
10-04-2010, 18:33
Depends on the friend's hobby.. if he plays gold everyday.. or shoots competitions every weekend :rofl:...

I'm not from Tagaytay.. but i had experience staying somewhere probably like it.. Cebu. 20k was the monthly budget. although like i said. depends on the hobby. :P heheheh

Doctors and Lawyers.. it would probably be around 100k++ a month... this is just my estimate.

horge
10-04-2010, 18:50
Folks...I have a couple of friends that foresee themselves retiring in the PI in 8 to 10 years. Husband will be pulling pension from his retirement. What is a comfortable gauge to determine your wealth in your country?

What is the average salary of lawyers, doctors and senators...

Place the mentioned was Tagatay.


Tagaytay is beautiful in parts, but expensive for a rural setting.
We're talking Manila prices, and then some.

Assuming their residence is already paid for, they can look at an outlay
of up to PhP150k a month maximum within the first year, buying basic kit
and gear. After that's taken care of, and they get a feel for how to get
good deals (on everything from groceries to cellular service), that figure
can drop to as little as PhP15k a month, depending on their medical needs
and desire to have fun.

In rough terms then, as newbs --they're looking at $3,400 a month
until they find their footing, then it drops to $330 a month. These are
figures for a couple who like to eat out, own a subcompact car, and
retain a housemaid. If they're homebodies, the figure drops further to
as little as $150 or even less, monthly.

Typical high-yield placements earn 3-6 percent in banks, less taxes.

Now, gross wages...
A housemaid/cook makes $25-$100 a month depending on skill
A call-center newb makes about $350
A starting lawyer in a good firm an make around $600-$1000 a month
A rural city mayor only makes about $800.... on paper.
Established professionals in various fields can make many, MANY times that.

hth

xcrewman
10-04-2010, 19:56
A rural city mayor only makes about $800.... on paper.
Established professionals in various fields can make many, MANY times that.

hth


Wow ...on paper. Funny you should mention that. Bob and I were having a conversation over coffee. His wife mentioned that a certain Mayor "GO TO GUY" campaign person has 5 brand new cars, takes trips to Hong Kong, an abode in compound like area with a wife w/several Louis Vuitton Bags minimum of 1,000 US dollars can afford all this.

Heck, I know of prominent doctors and judges that can not of will not even entertain this lifestyle. :dunno:

What are the laws of owning weapons for a US citizen living abroad?

horge
10-04-2010, 22:46
What are the laws of owning weapons for a US citizen living abroad?

Only Filipino citizens may legally own firearms in the Philippines.
If your friends qualify for dual citizenship (US-Filipino) based on
genealogical descent, then they'll be okay... or they can go for
the hardcore solution and seek naturalization.

The basis of firearms ownership is a license per firearm, and
home storage/use, renewable biennially. Transport permits
are required (easy to obtain) for just that: transporting to and
from the range/gunsmith/dealer. Carry permits are trickier to
obtain.

A base-model, locally-made 1911 may cost a little over $300,
with license fees (and prerquisite documents) hitting the
$150 mark. A carry permit may cost up to $400 to process,
if approvable, and is renewed annually.

Tagaytay is pretty safe, and Filipinos generally like Americans.
The vast good-guy majority will help them steer clear of bad
parts, if Americans can themselves steer clear of acting like
"ugly Americans", (...lol) you know the stereotype.

:)

Allegra
10-04-2010, 23:54
is tagaytay a good place to retire?
it's a ghost town during weekdays and over populated sa weekends

if I wanted a plce to retire, siguro sa ayala Greenfields
Puro fellow retirees ang neighbors, very safe , fresh aire , good views , golf course
Theres also a view of a lake and a dormant volcano like tagayaty, except one is to the north , the other....well your house would be sitting on it

atmarcella
10-05-2010, 03:46
yeah... ill go for ayala greenfields. very safe.

atmarcella
10-05-2010, 03:49
here is a blog of an american couple who retired in the islands...hth...

click (http://goiloilo.com/)

choi_tan2000
10-05-2010, 19:25
bro if he loves nature, go to palawan and for sure he can adjust easily actualy dami retirees doon from us even pinoy balikbayan and white people and sanay narin mga tao duun sa kano so it will be easy for him to blend.

PMMA97
10-05-2010, 19:34
Subic.
Andaming puti na sumasakay sa PUJ at may mga owner type.
Kahapon nakasalubong ako ng 20-30 white guys riding their Harleys. Mad Dogs.

choi_tan2000
10-06-2010, 01:44
Folks...I have a couple of friends that foresee themselves retiring in the PI in 8 to 10 years. Husband will be pulling pension from his retirement. What is a comfortable gauge to determine your wealth in your country?

What is the average salary of lawyers, doctors and senators...

Place the mentioned was Tagatay.

bro if he is really decided toretire here in PI better aquire a property here na 10 years bfore his retirement for sure after 10 years malaki na diff ng prices na nakuha mo ngaun or better yet he may now start amortizing this proerties in 10 years if ever mag iba plan for sure nagappraise na value ng property and hell get more money over it. just my two cents

xcrewman
10-06-2010, 20:02
enjoyed the PI back before the volcano eruption, visited Bagio and Subic. Loved the fat juicy mud crabs. Favorite restaurant was the Green Emerald in front of the US Embassy.


Aaahhhh good times...

CatsMeow
10-06-2010, 21:58
An expat can retire in the Philippines comfortably on a pension, provided it isn't in Metro Manila. That is why in my hometown in Negros there are a lot of Americans and Europeans, drinking beer all afternoon at the boulevard...

Baguio's not so good nowadays because of the pollution, but if you are in the provinces the mud crabs are still there. Cebu is great, but is now being overrun by Koreans.

I overheard an American in a coffee shop commenting that there is a whale of a difference in the price of a basic mug of coffee here as compared to over there...

BrassKnuckle
10-06-2010, 22:33
Speaking of Tagaytay, I was there with my family just last weekend. There was cool weather (due to some rains), and the place was foggy. That made the tapsilog, raisin bread, and kapeng barako taste so much better.

Life here is good if you don't upset yourself with what the govt is or isn't doing.

darwin25
10-07-2010, 01:33
My family of 4, survives on a budget of Php 50K or $1,100.00 / month. Quite comfortable you may say. We have 2 cars, pays mortgage on house, regularly shop and dine.