The Philippines has once again made it into the top 20 countries in the world to live and retire in compiled by Forbes Magazine. The 20 countries were listed in alphabetical order, not by rank.
Forbes said of the Philippines:
“For US retirees the principal appeal of the Philippines is a low cost of living in a tropical environment full of English speakers and outdoor beauty. Foreign income is untaxed, and permanent residency can be had on a minimal showing of retirement income. Popular locations include Tagaytay, a suburb of Manila, the capital, that is elevated and therefore cooler, and Subic Bay, with an infrastructure from the old US Navy base. Non-stop flights between Manila and the US average 15 hours.”
Forbes said it based its rankings on the following factors: cost of living, taxes, medical care, climate, security and crime, cultural attractions and hospitality, as well as ease of return to the US.
Below is the list in alphabetical order:
- Costa Rica