HOW TO RETIRE IN THE PHILIPPINES
By Al Ambrose
There are three ways to retire in the Philippines. The first is to make a deposit of $10,000 into a Philippine Bank. You will also have to provide proof of social security income or a pension income that gives you at least $800 in monthly income to secure your retirement visa. The Visa fee at the time of this post is $1,400. The second way is by depositing $20,000 into a Philippine Bank, but you do not need the pension or social security income proof. You need to make sure that you meet the age requirement of being at least 50, and you are still required to pay the visa fee of $1,400.
The third way to retire to the Philippines is to get married to a Filipina, this is using a marriage visa, and it requires no deposit for this visa. You will need a marriage certificate and pay the spouse visa filing fee of $1,200. You also have the option of getting married online if you are a US Citizen, certain states will allow you to get married online and receive your marriage certificate in the mail and via email.
No matter where you are in the world with a good internet connection, you can get married without going to the hassle of the Philippine marriage process. You and your significant other can marry virtually online with a virtual ceremony for about $500 to $600 USD. This is the cheapest way to retire with no deposits. Contact MajaWorldwide.com for more help with your retirement planning and relocation to the Philippines.
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