What do I need to know before retiring in Puerto Galera?
When we asked people what advice they would give someone preparing to move to Puerto Galera, they said...
"Expats considering retirement in Puerto Galera, should be aware of several key factors. Firstly, the cost of living is generally lower than in many Western countries, but it can vary depending on lifestyle choices. The local currency is the Philippine Peso, and it's important to understand the exchange rates and banking options. Healthcare in Puerto Galera is adequate for minor health issues, but serious conditions may require travel to larger cities. It's recommended to have comprehensive health insurance that covers medical evacuation. The climate is tropical, with high temperatures and humidity year-round, and a rainy season from June to October. It's important to consider how well you can adapt to this type of climate. English is widely spoken in Puerto Galera, but learning some basic Tagalog phrases can be beneficial. The local culture is friendly and welcoming, but it's important to respect local customs and traditions. Housing options range from renting an apartment to buying a house. It's advisable to rent first to get a feel for the area and understand the property market. The Philippines has a special retiree visa called the Special Resident Retiree’s Visa (SRRV) which allows unlimited stay and multiple entries, but it requires a deposit in a Philippine bank and has age and income requirements. Lastly, safety can be a concern in certain areas of the Philippines, but Puerto Galera is generally considered safe. However, it's always important to stay vigilant and aware of your surroundings," commented one expat who made the move to Puerto Galera, Philippines.
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SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
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SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
Connect
Click connect to have our partner contact you via e-mail and/or phone.
Other Questions:
- What do I need to know before retiring in Puerto Galera?
- What do I need to know before moving to Puerto Galera?
- How do I find a place to live in Puerto Galera?
- What is a typical expat home or apartment like in Puerto Galera?
- What is the average cost of housing in Puerto Galera?
- How do I meet people in Puerto Galera?
- What should I pack when moving to Puerto Galera?
- Where should I setup a bank account in Puerto Galera?
- Will I be able to find a job in Puerto Galera?
- What is life like in Puerto Galera?
- What do people like (and dislike) about Puerto Galera?
- What type of social life can someone expect in Puerto Galera?
- What is the social scene like in Puerto Galera?
- What advice to expats in Puerto Galera have about housing?
- What are medical services in Puerto Galera like?
- Are healthcare and health insurance expensive in Puerto Galera?
- Is the cost of living in Puerto Galera high?
- What are the visa & residency requirements in Puerto Galera?
- Why do people move to Puerto Galera?
What do I need to know before retiring in Puerto Galera?
If you live in Puerto Galera, newcomers to Puerto Galera would love to hear your answer to this question.