The closer you are to a major city, the higher the price. The average price per square foot in the city center nationally is about $164, making a 1200-square foot home $196,800. If you choose to live outside the city, it’s roughly $91 per square foot, meaning that same sized home costs just under $110,000.

Assets at financial institutions, such as checking and savings accounts, and vehicle equity are the most commonly held assets. In 2017, 93.7 percent of households held assets at financial institutions, and 83.1 percent of households owned vehicles.

To retire comfortably in the Philippines, you will need a minimum of $10,000 USD deposited into a Filipino bank account. You should also have an income of at least $1,000 per month. If you have savings of $100,000, you should be able to live comfortably in the Philippines for at least 10 years.

If you wish to settle in The Philippines and you are at least 35 years old, you may apply for a Special Resident Retiree’s Visa (SRRV). The SRRV is granted by the Philippines Retirement Authority (PRA), and you may reside indefinitely in the Philippines with free entry and exit.

HOW LONG CAN I STAY IN THE PHILIPPINES? You can stay in the Philippines indefinitely provided that upon your arrival in the Philippines you present before the Philippine Immigration Officer your valid US/Foreign passport and your Dual Citizenship Documents.

Texas is approximately 678,052 sq km, while Philippines is approximately 300,000 sq km, making Philippines 44.24% the size of Texas. Meanwhile, the population of Texas is ~25.1 million people (84.0 million more people live in Philippines).

Philippines is about 3 times bigger than South Korea. South Korea is approximately 99,720 sq km, while Philippines is approximately 300,000 sq km, making Philippines 201% larger than South Korea. We have positioned the outline of South Korea near the middle of Philippines.