Current Events > Is it ever a bad thing to retire abroad in a developing country once you retire?

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AzNDarkSamurai
04/26/23 2:00:14 PM
#1:


with how much inflation is making everything cost more in the USA, I cant imagine I will end up retiring here and ill probably end up living in the Philippines when I retire due to lower cost of living

im probably gonna work for the rest of my life if I stay in San Francisco

only problem I can imagine having is the healthcare system there wont be as good as the USAs

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ReDaZnDraGoN97
04/26/23 6:41:30 PM
#2:


bump

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Tyranthraxus
04/26/23 6:44:10 PM
#3:


AzNDarkSamurai posted...
with how much inflation is making everything cost more in the USA, I cant imagine I will end up retiring here and ill probably end up living in the Philippines when I retire due to lower cost of living

im probably gonna work for the rest of my life if I stay in San Francisco

only problem I can imagine having is the healthcare system there wont be as good as the USAs

You're going to find it very difficult to just go to another country to retire. Have you looked into a potential destination and what the requirements would be to emigrate there?

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ReDaZnDraGoN97
04/26/23 6:45:11 PM
#4:


Tyranthraxus posted...
You're going to find it very difficult to just go to another country to retire. Have you looked into a potential destination and what the requirements would be to emigrate there?

yeah Philippines. my family is Filipino.

I plan to retire there if I cannot afford to live in the bay area once I retire

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Tyranthraxus
04/26/23 6:48:56 PM
#5:


ReDaZnDraGoN97 posted...
yeah Philippines. my family is Filipino.

I plan to retire there if I cannot afford to live in the bay area once I retire

Do you already have citizenship? Because it takes 10 years to become Naturalized there and you could be deported during that time.

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ReDaZnDraGoN97
04/26/23 6:57:02 PM
#6:


no, I didnt apply yet because I still didnt decide where Im gonna retire

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doomcrusader
04/26/23 7:35:22 PM
#7:


I've been in PH for 5 months now while waiting for my wife's visa to get approved. We're a long way from retirement but I'd definitely consider buying a place here for the winter.

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shironinja
04/26/23 7:38:14 PM
#8:


Depends what your expectations are with medical conditions as you age. Like if you are experiencing chest pains or a burning anus prolly good to learn the local language so you can tell the doctor that, etc.

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Glob
04/26/23 7:38:15 PM
#9:


I didnt wait until retirement.
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