Mike kind of conflicting advice on finding a home…get a hotel and take your time but carry a wad of cash to put your money down immediately so you don’t lose a place.
@mikesphilippineretirement
7 ай бұрын
yes I said if you find perfect place from you with 3 month lease and you like it take it. Don't sign a 1 year lease at the first house you see
@richardhowe5583
7 ай бұрын
He means while you are staying in the hotel and you are looking for a home carry cash in your pocket when you go look for a place to rent because if you find it go ahead and get it after you look at it.. if you go to the bank and come back the place may be gone.. also it is easier to negotiate when you have the money in your pocket..also do not sign a long-term contract because you want to live there a couple of months to see what kind of neighbors and neighborhood you are going to be living in.. you do not want to be next door to some karaoke people or roosters crowing 24/7 and dogs barking 24-7.. it is also hard anywhere is in the world to find a good landlord that will fix things that are broken..
@FilipinaAndTheForeigner
7 ай бұрын
Yeah, we did a month to month in Davao then found a better place up the road... feel out the place without the big commitment 👍
@richardhowe5583
7 ай бұрын
@@FilipinaAndTheForeigner yes, sir, that is what I learned watching these KZitem videos video’s 👍
@hansreynders6853
7 ай бұрын
@@richardhowe5583Hahaha, please send me the list with residences where there's No karaoke, No roosters, No dogs, and preferably not too far from decent grocery stores and health care facilities. I don't really know of those places and I don't really care because soon enough you get adjusted. If not, than it's perhaps not the right country for you.
@francisp7609
7 ай бұрын
The real charm and appeal of the Philippines for me is the fact that everything IS slower and less developped. 💖👍
@garrylafferty100
7 ай бұрын
That i dont like about philippines poverty no job worth doing for a wife who want to work
@mikesphilippineretirement
7 ай бұрын
The Good the Bad and the Ugly
@RickRogers-o8m
2 ай бұрын
I am from the US and I LOVE living in the province!!
@solhoffmann7491
3 ай бұрын
I think two months is not enough, more months is better and don't hurry! make slowly but surely :) ... if you ever make a mistakes ...you can learn from it.Move on .
@GBU61
7 ай бұрын
I would add one thing more. Come for a reconnaissance trip just to get a feel for the place. It is one of the biggest decisions you will ever make, so why not do the background work so you know you will have a good chance of success? There are things that are unique to you that no one tells you or things that may be an issue for you that are not for the presenter. No one is the same and hence, we have different needs and desires.
@mikesphilippineretirement
7 ай бұрын
yes come and check it out
@ChocolateAfterDark
7 ай бұрын
That’s my plan.
@Synfulz
7 ай бұрын
Certainly best plan. I traveled here 14 times before retiring.
@tomsewell2462
7 ай бұрын
I spld or threw, everything I owned divorced from western Montana. Moved sight unseen to Duma. Five years and one 21 year old "Nine" later I couldnt take the 3rd world any longer and returned to half a million dollar trailer houses.
@richardroy6179
7 ай бұрын
Note on hot water and dipper showers. 1 tea kettle of hot water makes a washtub of water warm lol
@mikesphilippineretirement
7 ай бұрын
hahaha so no tea
@dukeman7595
7 ай бұрын
Sage advice Mike. You are indeed a wealth of knowledge. I sent to a text hoping to set up a time we can talk one on one via telephone.Could you let me know please?
@jimscholz2997
7 ай бұрын
You are really great at explaining things Mike... Thanks for all of your advice over the past year.. Nheng and I hope visit Duma again in late April... I want to check out the Dauin area as a possible hide out...
@mikesphilippineretirement
7 ай бұрын
many people enjoy Dauin
@leonardanderson5692
7 ай бұрын
Very good video Everything very well put together very good information thank you for very good advice
@mikesphilippineretirement
7 ай бұрын
You're welcome Leonard
@GabrielEddy
7 ай бұрын
The more that I learn about the Philippines, the more turned away I become. Yikes
Weird comment, but I listened to five videos on youtube today and I could barely hear them. Your audio is really perfect. You guys have it figured out and your videos are always great.
@mikesphilippineretirement
7 ай бұрын
Wow, thank you! We got some very good Mic's not cheap ones
@RudyG-c3u
7 ай бұрын
Hello Mike from Cebu City. Finally made here. I arrived three days ago and I am really enjoying my time here seeing the sights and enjoying the awesome food and taking your advice, "Slowdown" Thank you and Janet. Rudy G.
@mikesphilippineretirement
7 ай бұрын
Welcome!
@jerrystanley6820
7 ай бұрын
Been watching videos 5 years coming next month heard it 100 times SLOW DOWN good job Mike
@mikesphilippineretirement
7 ай бұрын
Thanks Jerry
@JenGioPhilippineJourney
7 ай бұрын
Always listen to Mike he has best advice for Us going to Philippines. I'm in the process of moving to Philippines for last months I been doing what Mike teaches us Glad I watched and listened if I have questions I ask. Guys do what he's telling you trust him . Thanks Mike and Janet for all your information you give us
@mikesphilippineretirement
7 ай бұрын
Thanks Gio. Take care
@Jammer411
7 ай бұрын
GiointhePhilippines
@JenGioPhilippineJourney
7 ай бұрын
@@Jammer411 Gio to he puts out great information to and Old Dog and Baby Mae top 3 I watch on KZitem and will after I move to Philippines cause they are our pioneer people and went thru it already
@tomsewell2462
7 ай бұрын
#3 Moving sight unseen to your online "girlfriends" Barangay in the Province nearby her family. OMG!
@mikesphilippineretirement
7 ай бұрын
maybe #1
@ricoroger
7 ай бұрын
It is not just the Philippines, but it is worldwide., everything has gone up!...and it is going to get worst and possibly not going to get better. in our lifetime.
@mikesphilippineretirement
7 ай бұрын
Thanks for sharing
@peterjacobus7578
7 ай бұрын
Mike, I think your making to many Video's . Same or Similar Content. Slow Down
@mikesphilippineretirement
7 ай бұрын
let me think about that
@brentbonneau502
6 ай бұрын
You kind advice and wisdom is respected. Thank You. In any country instant gratification doesn't exist for one whom seeks real love and desires to marry. Question .... If one lives on a medium yacht.... is it tourist trap expensive to dock there ???😮
@mikesphilippineretirement
6 ай бұрын
i do not know the answer to that Question
@homebasebelgium359
7 ай бұрын
You are so right when you say that we have to "think in Peso". When I first came to the Philippines I found everything cheap, but my then wife pointed out to me: "You're not in Belgium! Here this is expensive!" It must have been around that time that I started thinking in Peso. If I ever live there, I'm going to have my budget in Peso and forget about Euro.
@mikesphilippineretirement
7 ай бұрын
Thanks for sharing my friend
@miked9091
7 ай бұрын
You can do Airbnb all bill paid for $300-$400 a month show me y’all don’t do y’all math right
@mikesphilippineretirement
7 ай бұрын
what Math. And in Dumaguete an AirBnb for 300 I do not think so but I have not looked in a long time
@christofotto2499
7 ай бұрын
I pay 2 to 3 bucks for a cup of coffee in cafeteria here in Germany too, obviously I and many foreigners cannot afford that country , imagine to invite your girlfriend her 7 kids parents 7 siblings with family just for coffee I 'd say 1/3 of foreigners at least are underfunded there coz they cannot math 😂
@mikesphilippineretirement
7 ай бұрын
why would you invite that many for coffee? Do you invite 15+ people to have coffee in your home country?
@jimmynavarro162
7 ай бұрын
Mike new subscriber from California been there a couple of times question please how to carry my cash through customs im always in fear with my cash through customs
@mikesphilippineretirement
7 ай бұрын
i Carried my cash in my back pack and keep an eye on it. Also keep it deep inside the backpack so not easy to see it it is opened
@CharlesFuh5pt4nd7z
7 ай бұрын
Mike is right with that stuff about far out in the province i'm about an hour from san carlos. When i first got here no hot water or anything. Please ladies and gentlemen when you decide to come just take your time that's the one of the main things mike says take your time. I am ok because i was planning to remodel. We don't have rent so i figured to remodel. You can remodel here with labor costs around $10/day. Thanks for the post Mike...
@mikesphilippineretirement
7 ай бұрын
Thanks for sharing
@tommythomas6553
7 ай бұрын
Big mistake Having a stroke or heart attack from taking too many Viagra’s 😳😳😳
@mikesphilippineretirement
7 ай бұрын
yes yes
@RetiredArmy2012
7 ай бұрын
maybe men just loose there common sense when they get off the plane in philipines best advice is dont do anything there you wouldnt do in your home country
@mikesphilippineretirement
7 ай бұрын
Please common sense will keep you out of a lot of trouble here
@johnnysakko8853
7 ай бұрын
Yeah as soon as they ask you for money for their family for what ever reason, time to get away
@mikesphilippineretirement
7 ай бұрын
If in the first month
@jamestedeschi877
7 ай бұрын
Poop behind a tree hahaha that was great 😂
@mikesphilippineretirement
7 ай бұрын
and true
@Ego-Kills
Ай бұрын
Really? pooping behind a tree? Hard for me to believe
@kippsguitar6539
7 ай бұрын
If the Philippines mostly yanks like Mexico?
@mikesphilippineretirement
7 ай бұрын
no not at all
@wickman.r4662
2 ай бұрын
I prefer Valencia; in 2018 -20 enjoyed same place as Turquoise Sunset resides.
@shb7772000if
7 ай бұрын
Nice video. To the point of money when you arrive. I would say you should have at least $15,000 in your American bank. You should have both an ATM card and a credit card. You can get cash advances from ATM's with your credit card. I can get P30,000 a day. You can also open a dollar account at a local bank. I recommend BPI. I lived in the Philippines when I turned 62 and had no problem getting social security at the US embassy in Manila. They deposit in my American bank account. My three kids also get social security and in total they get more than me. The have it deposited it into BPI dollar accounts. I never had any problem finding apartments or houses for rent. There are signs all over the place. You don't need a real estate agent. I recommend not eating out at restaurants. Their mainly expat run and they can't cook any better than me. I recommend staying in Angeles City because that's where the most bars and expats are. Definitely don't get a girlfriend or a wife. Boring?
@mikesphilippineretirement
7 ай бұрын
Thanks for sharing
@sbw89
4 ай бұрын
Here's my expenses: 1. Rent.... $1,000/mo 2. Electricity.... $150 3. Internet/phone.... $50 Transportation and food... $1,000 Entertainment (Starbucks, bars, etc)... $500 = $2,700 There are some other items: Health insurance, gym membership at Anytime, etc... maybe $200 I bring in almost 10k per month and have a hard time spending more than 3k. It's still quite cheap here compared to the US, Canada, Australia or Europe
@dansharpe-ss9nn
4 ай бұрын
Very well said Mike. Thanks for another clear and informative video. Common sense rules again.
@Dee-ps4ki
7 ай бұрын
You Sir are 100% correct ! Think in Peso and Not in US Dollar is Excellent advice ! I discovered this on my own many years ago. I wish I would have had you to teach me this a long time ago. Another topic that you covered was having your girlfriend pay the bill and do all the tipping. That is excellent advice also. Just make sure your girlfriend is Not Padding the bill and refund her later. I always wait till the bill comes to the table and I see the amount. At that point I get up quickly and walk away and let her finish the transaction ❤ Immediately when we walk away from that place of business I refund her money ! 😂
@mikesphilippineretirement
7 ай бұрын
not much of a girl friend if your worried she is padding her pocket..Maybe if it is just a date
@wickman.r4662
2 ай бұрын
I’ll setup multiple international money transfer companies. I also bring a few dozen fresh clean $100 bills. Also; test sending as you mentioned.
@PhilipJones-o8w
7 ай бұрын
If a man has $1000 a month to live, they need to move to central america and forget about the philippines,,, to far away from home. The safe haven is to be able to fly back to the US in case of any life issues. Central America has many countries to live that is cheaper than the philippines. If they really need to live in SE Asia, there are other countries that is cheaper than the philippines, like Vietnam or Thailand, or Cambodia which you get more for your money and are very nice places to live your last chapter in your life. Start up costs at bare minimum is 5k. You will need rental deposits, transportation ie; scooter or trike, taxi to get around. and you will find many unforeseen issues. Good luck!!!
@marcofluff
7 ай бұрын
Good advice
@Dexter-w1n
7 ай бұрын
All true , ive been to Thailand ,Cambodia , Vietnam , and laos its true they are cheaper , Thailand and Vietnam have nicer hotels , beaches , better roads , better food . . . but the breaking into that culture is difficult . Language can be challenging but in tourist areas you can always get by . The relationships might be fun for a while but communication and cultural differences will cause more problems than you think . In the Philippines a lot , not all Filipinos speak English , some more than others . Its the closest to our culture than any other country in Asia but different enough in so many ways .
@gregwil694
7 ай бұрын
Poop where? Obviously never lived in the provinces. While gf or wife is paying and tipping, observe closely so when you are on your own you know how much to pay. Dont delay this education by not concerning yourself about it in the beginning.
@mikesphilippineretirement
7 ай бұрын
Obviously I have Greg
@gregwil694
7 ай бұрын
Didn't have a toilet, squat or otherwise where you were?@@mikesphilippineretirement
@carltonedwards8775
5 ай бұрын
I took your advice and some other vloggers in the Philippines about filing for Social Security before you retire abroad if you are able to get it. Just started receiving my SS and within two months, I will be living somewhere in Southeast Asia. I have spent time in Vietnam, Indonesia and Thailand. Can't thank you enough for the PRICELESS advice that you and a few other vloggers in the Philippines gave out about the importance of filing and receiving your pension money before you move abroad. THANKS!!!! 💯💯💯💯
@rainbowbill531
4 ай бұрын
Mike, Do the Filipino men get envious when they see an American guy with a Filipino woman?
@mikesphilippineretirement
3 ай бұрын
no but other women do
@rainbowbill531
3 ай бұрын
@@mikesphilippineretirement Thanks Mike.
@bryanwhitehouse9506
7 ай бұрын
Hello Mike I have a gf in Zamboanga never met yet but been online with her for 2 years. Her parents own land which they have given a share of she says we could build a house on this land, this land has many trees for lumber to build a house. I’m a pensioner I get 800 euros a month. So if I can build a house no rent anymore. I have seen her parents and most of her family. What you think is it a risk?
@mikesphilippineretirement
7 ай бұрын
risk is high..what kind of trees
@OShackHennessy
5 ай бұрын
LOL are you serious?
@Gary-l9h
6 ай бұрын
About food, I was in Davao recently, went to see my pinays cousin who owns a food stall, one of many in the night market...I fed 4 people with really good filipino food including char grilled fresh tuna steaks with all the rice you needed...700 pesos...gave her 1000 ...Such wonderful people ps...could barely move after eating and I had minimal rice hahaha
@joshuarizalforeman816
3 ай бұрын
Don't rely on a pension or on social security. It's quite simple. I came here having bought property, with a load of cash in the bank as well as with a business. If you are not prepared, you shouldn't be out unassisted.
@xrayeyes2023
7 ай бұрын
Useful, practical content even for a Philippine born person like me .
@mikesphilippineretirement
7 ай бұрын
Wow Thanks
@augustdewin6885
7 ай бұрын
If you come to the Philippines to find a women, it's a bad start. Don't rent a place where lots of expats are. The have most of the time less than 10 years experience, and make lots of mistakes. Three things you need to do when you planning retirement are. Look,hear and say nothing. Most of expats came almost broke and unprepared. And more and more ends up as homeless. You only have to know where immigration is,in case you have questions,they will be glad to help you. Rend a place and live you're life as you lived in your country. Don't be dependent on expats, most they make big mistakes before themselves. And sometimes they fighting coz of a girl. Pay your bills and mind your own business.
@garrylafferty100
7 ай бұрын
Dont compare u.s to philippines total differnt living in states a better standard of living better pay jobs but you have to pay for meficare social security your whole life schools ,police fire clean water etc etc i pay 4000$ tax on a payed off house ever year that alone a good reason to move philippines plus biggest reason happy wife happy life mine dont like central heat cool she prefer no con air phililpines not me
@mikesphilippineretirement
7 ай бұрын
Garry I agree with everything you said
@garrylafferty100
7 ай бұрын
@@mikesphilippineretirementthank for all your good avice
@chrisplatt3869
6 ай бұрын
I'm setting up with the bank in queens ny 1 for social security pension thats a Philippines bank
@lazylarrylee2421
7 ай бұрын
Mike, you just keep giving us great advice. 👍 😊😊
@mikesphilippineretirement
7 ай бұрын
Thanks LLL
@RichardPolley
7 ай бұрын
Hey mike I have a question. I'm 64 I would like to meet a nice Philippine woman and it's not about having a young lady for sex that's the least thing on my mine. I would like to meet one for companionship. I dont have a good back. But not being sexually active would that hurt my chances
@charleschavez7288
7 ай бұрын
Hoody from west Texas Yes we need to review you earlier videos Mike you explain all that . Thank you for the reminder. Good context.
@mikesphilippineretirement
7 ай бұрын
Thank you
@Scottwang-l7h
7 ай бұрын
This dyper grandpa is running out of content and he is dying to make some KZitem ads. 😅😅😅😅😅😅😅😅😅😅
@mikesphilippineretirement
7 ай бұрын
keep watching and making comment it helps a lot
@Scottwang-l7h
7 ай бұрын
@@mikesphilippineretirement l don't at All u ball sack l watch l don't so algorithm doesn't COUNT....u get it???🤣😂🤣😂
@Ego-Kills
Ай бұрын
Learn how to spell diaper before posting nonsense.
@rogerashkenazi5797
7 ай бұрын
You can’t transfer money from us bank to bank in the Philippines ?
@mikesphilippineretirement
7 ай бұрын
I do I have a Philippine Bank and a US bank
@Synfulz
7 ай бұрын
When I retired in January 2022, my retirement pension was "processed." I retired from a government position. I was supposed to initially get 80% of my pension until numbers finalized. My first check was 25% instead of 80%. It took them 11.5 months to make things right. Thank goodness I had a good savings to get me through. But now I'm paying myself back still. Yes, our illustrious government and their efficiency. 😂 But my SS was just approved on February 14th with the first check in May. St. George Utah housing and rental pricing have sky rocketed.
@mikesphilippineretirement
7 ай бұрын
Thanks for sharing
@chrisplatt3869
6 ай бұрын
Myself im planning on 1500 a month what do you think is it reasonable
@nancyamaral5620
7 ай бұрын
Nothing like a old fool
@mikesphilippineretirement
7 ай бұрын
your right Nancy you need one in your life
@jdtravels5140
7 ай бұрын
As long as the rent is less than my current SoCal rent of $3,100 and electric is less than $350, I’ll be fine.
@mikesphilippineretirement
7 ай бұрын
you should
@Dexter-w1n
7 ай бұрын
just what your paying in rent now will let you live a good life here no problem
@MB-gz1ji
3 ай бұрын
I think the toughest adjustment for me will be the slow pace. One of my biggest pet peeves is people being inefficient and not being where they agreed to be at the time they agreed to be there. I understand the Phils is different and that’s just what it is but being retired military, it’s ingrained in my soul that if you aren’t ten minutes early, you’re late.
@kevinandgemma7740
7 ай бұрын
Yes traffic in Manila is horrendous at some times 4 hours to get home only 30 KLM .
@mikesphilippineretirement
7 ай бұрын
Wow I have heard it was bad
@torisefaamaligi3315
5 күн бұрын
Mike.... Thanx for all ya do man... Just joined your channel today... Awesome decision and looking forward to continue watching all your content... Getting ready to make the move, your advice has been invaluable... Great job to you and Janet
@mikesphilippineretirement
5 күн бұрын
Awesome! Thank you!
@222jojo
7 ай бұрын
Great content Mike! The only thing I would add is... Take advantage of the Balikbayan process (if you can). If you have someone here or a place then I would ship all the items that are expensive or hard to get here. Yes you can get Amazon here but it costs more with all the import fees.
@mikesphilippineretirement
7 ай бұрын
so items have no import fees
@222jojo
7 ай бұрын
@@mikesphilippineretirement Yes, some items do not have import fees, I seem to only buy the ones that do! 🤣
@pete531
5 ай бұрын
im minimalist i dont mind showring with a bucket or number 2 behind a tree.
@J-Tyson558
7 ай бұрын
"Everybody minds their own business." Really Mike?? Ever heard of chismis and marites? The Philippines is one place where everyone wants to know your business.
@mikesphilippineretirement
7 ай бұрын
if you say so. I just disagree with you
@J-Tyson558
7 ай бұрын
@@mikesphilippineretirement Ask Janet or anyone who's lived long enough in the Philippines if they agree with you.
@mikesphilippineretirement
7 ай бұрын
yes I have ask many . they do gossip and enjoy it but most people do not care about your life and what you do
@J-Tyson558
7 ай бұрын
@@mikesphilippineretirement Gossiping is talking about other people's business. They don't care what you do because you're a foreigner. But Filipinos care enough about their family members that you will get judged based on your actions and will ashamed for doing something that they consider out of the norm.
@hansreynders6853
7 ай бұрын
@@J-Tyson558Not sure how long you are in the Philippines, but I guarantee you, Filipinos are not very judgemental and very forgiving.
@stevelaconte8802
7 ай бұрын
LMAO
@mikesphilippineretirement
7 ай бұрын
so what made you laugh
@tedjohnson4451
7 ай бұрын
PLAN AHEAD. This is PART of my Planning for November Arrival in Cebu City: Banking/ Pensions: I'm retiring August 9th. My first Pension Deposit [prorated] will be August 30. That is going into Account #2. At the same time I'll get my last Paycheck, hitting Account #1. Because my last Check will be for Seven Work & 46 Vacation Days... I'm not starting Social Security until October. [September would potentially be an overpayment.] October 24, Social Security will go into Account #3. Account #1 will be left with Emergency Funds I can access from a Remittance Service. Both Accounts #2 & #3 have either no Foreign Exchange or Transaction Fees, or Refundable Fees. ATMs: Get a WISE Card in the US. Preload it with Pesos equal to what you will be carrying. US Banks can get Philippine Peso for you. Currency Exchanges are in most Major US Cities & can be dealt with online to order currency.
@mikesphilippineretirement
7 ай бұрын
Thanks for sharing Ted
@theadaptivefitnesschannel4308
7 ай бұрын
Mike, great advice! I have to say the one that I am particularly taking heed to is get out of that “dollar mentality.” I just flew in to Cebu at midnight. A little disappointing that I didn’t get to see the beauty flying in because of the dark. But the benefit of coming in at that time of night is there is absolutely no traffic Made it to the hotel in five minutes. The grab ride was only 136 pesos. I gave the guy 200 pesos. I almost thought about adding 50 to it. So yes, thanks for the advice. I will be tightening that up for my remaining 10 days.
@mikesphilippineretirement
7 ай бұрын
You're on Vacation enjoy
@RickMerryman-o7j
7 ай бұрын
Bring boxing gloves! I’ve heard one expat thinks he is Mike Tyson. Mark sucker punched a disabled guy outside a local coffee shop. I unsubscribed from his channel. They should deport and black list him. I’m like dude use your head ie you have a kid on the way!
@GeecheeLionsJourney
7 ай бұрын
I commend you on this video. I bear witness that what youve said is true.
@mikesphilippineretirement
7 ай бұрын
thanks for the comment. Please comment as often as you like
@mikemasters4382
7 ай бұрын
I disagree with getting out of thinking in dollars. I always think in dollars while in the Philippines, it's just easier for me. The mistake you make Mike is not thinking in dollars but comparing the cost to the US cost. So whether you think in Peso's or Dollars compare the cost to the Philippines costs not the US cost. For example, to use the example you gave, a $16 dollar steak, well I know I can get meals well under $16 dollars in the Philippines, so it does not matter if you use Peso's or Dollars what matters more is not comparing the cost to a US meal cost. Just because you think in Dollars does not mean you should compare the cost to the US cost but that is what you automatically do. I don't know why you can't think in Dollars and compare the Dollar cost of only Philippines meals not US meals, why do you automatically need to compare Dollar cost to the US ? For me it is much easier to think in Dollars, the value of my money based on what that dollar can buy in the Philippines, not what that Dollar can buy in the US.
@mikesphilippineretirement
7 ай бұрын
we agree to disagree Mike. Dollars or Peso it up to you. When I pay someone for working in the house i think 500 peso is a fair day rate but thinking in dollars I feel it is so cheap
@gerbourke1952
7 ай бұрын
@@mikesphilippineretirementyou are right. I am not dealing with dollars or my own currency here (euro) I'm dealing in php. Probably (because of the nature of my business here) am handling more piso than the majority of expats. I understand explaining on here using dollars because its easier for any future expats to fully understand but in reality we are buying/selling in php
@Steven-t9s
7 ай бұрын
I have a currency conversion facility on my phone calculator app and can work out 3 countries exchange rates.I have UK, Philippines,Thailand on mine.
@michaelwuji1758
7 ай бұрын
Michael, xlnt content. You are becoming quite the elder statesman. Respect. Send $$$ or Lechon, I'm not picky😁 (tips are appreciated)
@mikesphilippineretirement
7 ай бұрын
I appreciate that! But I will take the Lechon
@nottelling620
7 ай бұрын
Hi MIKE , RESPECT BRINGS RESPECT, TY GOD BLESS CIAO
@mikesphilippineretirement
7 ай бұрын
I appreciate that
@SonnyCrocket-p6h
7 ай бұрын
I would never leave the US, even for just a week, and not have $3000 in a money-belt, cash, as well as as much more scattered among at least 3 banks,, each of which I had an ATM card for, each of which I'd notified, in writing, via certified return receipt letter, that I was going to whatever country I was going to. If i was going to stay more than a week, I'd double that amount and if I was figuring on staying abroad, I'd triple it, along with assuring that my monthly income went to those banks.
@mikesphilippineretirement
7 ай бұрын
Thanks for sharing
@rogerashkenazi5797
7 ай бұрын
You can’t pay your bills on auto pay can you open a bank account there?
@mikesphilippineretirement
7 ай бұрын
after a few months you can
@jasonking6892
7 ай бұрын
Good info Mike 👍
@mikesphilippineretirement
7 ай бұрын
thank you
@DNG1966
7 ай бұрын
1000 a month in the states won't get u nothing now days it's bad I'll b 62 in 4 years I'll b heading your way😊
@johnrynkiewicz1607
22 күн бұрын
First and foremost, don't move to any country unless, you have saved up, at least 20-30k additionally to your monthly paycheck. Moving abroad should be about enhancing your life, not about making your life miserable.
@mikesphilippineretirement
20 күн бұрын
thanks for sharing
@Jammer411
7 ай бұрын
DRAMAQUETE
@mikesphilippineretirement
7 ай бұрын
Why do you say that?
@tomhunter2623
7 ай бұрын
Good video lots of sound advice. I know I made a few of those mistakes. One thing I wish I did not do is purchase a motor scooter. Should have rented for 6 months or more. Not sure Dumaguete is where I want to live. Now I have the inconvenience of the bike if I move to another island. Yeah I could sell the bike just an inconvenience.
@mikesphilippineretirement
7 ай бұрын
Great point!
@Steven-t9s
7 ай бұрын
I'm sure you can take the bike with you.
@chrisbunka
6 күн бұрын
So does that mean Browns fans aren’t any better than Bengals fans even if the Browns have beaten the Bengals and are farther up in the standings?😁 On a serious note, how do you keep up with the Browns if a game happens when there is a brownout and no internet service?
@mikesphilippineretirement
5 күн бұрын
very few brown out and you can get service when the power is out. or just wait till everything is back on. remember the time difference
@stevengonyaw1617
7 ай бұрын
Great video Mike ! I wonder if it's affordable for a single guy to just rent a Air bnb monthly. Much easier to pack up and leave if you want to.
@mikesphilippineretirement
7 ай бұрын
yes it is.
@HumbleTravels
7 ай бұрын
Would be a good con: message a couple hundred people claiming your check hasn’t arrived yet. Could I borrow a couple hundred bucks til it comes in?
@mikesphilippineretirement
7 ай бұрын
you think giving money to a Filipino is bad Give some to an expat...
@peterramstedt6260
25 күн бұрын
Think one of the most important things is to have a healthy savings account that you only touch if necessary or in case of emergency. One should also try save some each month and top this account up. You probably need 50K to have some peace of mind.
@mikesphilippineretirement
24 күн бұрын
Thanks for sharing
@johnpence1141
7 ай бұрын
Wow, it is his locus of responsibility to have the contact info for his pension, insane how someone can show up in another country and not have the income factor sorted, wow. Also, a man should have minimum of 6 months of expenses in hand. I would say even 9 months in hand, all expenses rent, phone, drinking and play $$ figure out what that figure is and have at lest -6-9 months available. Just prudent.
@mikesphilippineretirement
7 ай бұрын
totally agree John
@watersbey25
7 ай бұрын
That tiny percentage of financially irresponsible retires Will ALWAYS slide Into the Philippines. They are doomed before they leave the USA and don't know how to budget. They have little in social security and are too lazy to work until 65 to get an extra $500 per month for life
@CriticalBash
7 ай бұрын
you cannot live $500 a month hello, my monthly salary is $250, my room is $50, but I'm living here in simple neighbor of informal settlers, if you can live like that 🤣, i know foreigners are not used to it, but for now i agree with mike's opinion, only local can live with $500, but foreigners, i don't think so, you need atleast $1,500 so you can live a simple life without worrying about your monthly expenses, but that is only for a single person, but if you have a girlfriend, then you need more than $3,000, it depends on your girlfriend demands 🤣 if your girlfriend is so luxurious and/or love scammer, then $3,000 is not enough, you need at least $10,000, so choose wisely.
@mikesphilippineretirement
7 ай бұрын
Thanks for sharing
@TheBullyBeater_4thekids
5 ай бұрын
Hey Mike what USA 🇺🇸 bank is in the Philippines 🇵🇭 Bank 🏦 of America 🇺🇸????????
@gerhardhauptmann9939
Ай бұрын
I love to listen to these videos. Although I will never live in the Philippines, it is still nice to fantasize about it...
@mikesphilippineretirement
Ай бұрын
it is ok I dream of being rich and being handsome
@carltischer7827
7 ай бұрын
What’s the best way to transfer money to the Philippines once moved there ?
@mikesphilippineretirement
7 ай бұрын
I will be doing a video about how soon. I use world remit
@johncalder-gx4bf
7 ай бұрын
I have lived here 14 years now and only think in pesos. The only time I refer to my old currency is when I am transferring money.
@mikesphilippineretirement
7 ай бұрын
14 years you must be really happy here
@whatsnext-007
7 ай бұрын
I hope that some will really head your advise and suggestions.
@mikesphilippineretirement
7 ай бұрын
Thank you
@Neal-1958
7 ай бұрын
Great advise. Enjoyed all you shared.
@mikesphilippineretirement
7 ай бұрын
Glad you enjoyed it!
@edwinlamaster4635
7 ай бұрын
If you bring a large sum of Money ( 10K ) where can you safely keep it until you can open a Bank account ? Great Video.
@mikesphilippineretirement
7 ай бұрын
Good question!
@gerbourke1952
7 ай бұрын
Don't bring 10k. At least not in cash. Bring 2k and send yourself 2 lots of money transfers of 4k each. They are good for 30 days without collecting in most cases
@watersbey25
7 ай бұрын
As low as $1.99 per sent easy.
@edwinlamaster4635
7 ай бұрын
Okay Thanks@@gerbourke1952
@TRICK-OR-TREAT236
7 ай бұрын
BIG MISTAKES FOREIGNERS MAKE WHEN COMING TO THE PHILIPPINES. #1) GETTING IN FIGHTS AT GROUND ZERO OVER STUPID CHISMIS ! 😂🤣🤣😂
@mikesphilippineretirement
7 ай бұрын
ground Zero is a good place to hang out
@Colin-on-Vaction
7 ай бұрын
Advice is ever evolving! Used to be don't go drinking in bars.!! don't get involved in a fight...it's now clear that you shouldn't go to a coffee shop as the same rule applies..Well in Dumaguete that is..personally I'd fell safe in a coffee shop outside Dumaguete for now
@robertkolleck1508
7 ай бұрын
Filipino teenagers can stage a fight around foreigners, it is an opportunity for pickpockets to work the crowd.
@RealGaryGibson
7 ай бұрын
Great tips Mike!
@mikesphilippineretirement
7 ай бұрын
Glad you liked it! See you this weekend
@frankcentofanti9317
5 ай бұрын
When u say cheque to cheque does that mean $0 in savings if so that is scary as hell moving with nothing
@mikesphilippineretirement
5 ай бұрын
no money in my savings
@American_Mike
7 ай бұрын
If you are planning on moving to the Philippines stop looking for a woman online. The first thing you need to do is secure long-term housing for yourself. So buy a Condo in one of the major cities or secondary cities. Don't worry about getting a girlfriend. When you own your property you can venture out and meet people naturally. If you want to move somewhere else you can turn your condo into an AirBnB, and then have residual income.
@mikesphilippineretirement
7 ай бұрын
thanks for sharing
@dannyho6786
7 ай бұрын
Sound advice, thanx Mike !
@mikesphilippineretirement
7 ай бұрын
Thanks Danny
@mikerobinson2201
7 ай бұрын
Mike, good job. I have few responses. Always remember that if your with a Filipina forget ( in public) about being the leader. Allow her to buy, find lodging, and guide you through how things work. In the neighbor hood where we first rented, it took like 2 days for the news of my arrival to get around. It was all good, but gossip about you and her will happen when you first arrive. Plus i let my Wife do the ATM with me standing guard. Be assured she will know how to use it. Also i opened 3 accounts at my USA local bank. Then you have 3 debit cards. Only take 1 with you. If it gets stolen or eaten by machine. Your banks app allows you to switch money back and forth. I was recently divorced when i came to Caloocan, i had forgotten to change my SS address from house my wife got with Divorce. SS will send mail to old address, my X wife was so kind to send the Mail back to SS my account got locked. But, luckily i was in Texas when it happened. Thanks maybe this can help someone.
@mikesphilippineretirement
7 ай бұрын
Good info and advice Mike
@PeterBrown-e3v
7 ай бұрын
10.4 million PHP is only $185,500 USD...lol
@mikesphilippineretirement
7 ай бұрын
hmmm he can do math
@alexmagee7596
7 ай бұрын
Hello Mike, I'm a long time viewer, first time commenter. I'm surprised you didn't talk about health insurance and opting into the Philippines national health service. Not having adequate health insurance and access to health care when you really need it is -by far, the biggest mistake you could make. A mistake you could pay for with your life. I have wanted to move to the Philippines from Canada for years and escape the long, cold, northern winters and finally get to live someplace sunny and warm with beautiful palm lined beaches. I'll tell you, one health crisis can end your Philippine retirement real quick if you're living on a pension and don't have adequate health insurance and have to spend what little you have on an urgent flight back to your home country for medical treatment there. That's if you have time to fly back. In an emergency, a heart attack, a stroke, you have to get to the hospital immediately and pay whatever it costs. Don't be caught in the Philippines without adequate health insurance. You DO NOT want to have to have to figure out the Philippino health system and have to arrange for payment from your hospital bed. Have all that lined up before you leave or at least as soon as you arrive. If something major happens you'll be in a very comprimised state of health. If it's something major like a heart attack or stroke happens, where you might have had to have had surgery, DO NOT count on being able to think straight. If you need an operation, you'll have so many drugs pumped in you, you won't be able to think straight for days, maybe weeks. Your vision or hearing may be impaired. You may not be able to walk -at least not right away. You may have even have difficulty breathing. You have to be prepared for an emergency before it ever happens. If you wait until you are actually in an emergency to start preparing, your options may be very limited. You may have no options. The biggest mistake you can make in your Philippine retirement is not having adequate health insurance. Something that covers critical illness, a major operation, a prolonged hospital stay, cost of drugs, physiotherapy and most of all -nursing. (Thank God for all the Philippino nurses.) Might be a good topic for an upcomming video. Keep up the good work.
@mikesphilippineretirement
7 ай бұрын
have talk about that b4 and will again soon
@SonnyCrocket-p6h
7 ай бұрын
when I was in Manila, spring of 2015, they would not let you open a bank account there until you'd been there for 6 months. Better line up some of your money in the hands of friends-relatives, 1-2k each, that you can trust to send it to you, via W. union, in case you need it and the banks are messed up, etc.. Try not to use your second month's back up money. Use the regular monthly income that you THINK you have set up. If that "set up" money does not arrive, you can use the second month's money that you have in your bank accounts./money belt. If that monthly income has not arrived by day 60, get on a plane back home and fix the money situation. Do NOT be broke in the third world, folks. It's way too easy to end up in prison, or clubbed-knifed and left for dead.
@watersbey25
7 ай бұрын
Huh? Send it to yourself
@timtolliver183
7 ай бұрын
I made that mistake of not waiting til my first SS check was deposited before I moved to Baguio City up north. Luckily it was deposited ok but i remember i was nervous until it was received. My soon to be wife had an apartment ready for us and I have absolutely no regrets save one. I wish i had brought more pocket money when i came. Luckily Mike it all worked out. Also luckily i adapted to the Philippine way of life easily. I never took it in consideration that i may not like it. Risky.
@mikesphilippineretirement
7 ай бұрын
Thanks for sharing Tim
@robertkolleck1508
7 ай бұрын
Mike, i know you wished it were a seamless move from working to retirement in the Philippines but the bug messed things up, but I'd like to hear about your last months of work getting ready to transition. I'm sitting here in a budget motel next to the airport in Seattle which is typical cold damp overcast etc waiting to go to the Philippines via Guam or Okinawa on contract air. Walking a short distance down the street is a Dennys where senior menu items are about 10 bucks and full fare items are 15 to 18 bucks and drinks are extra.
@mikesphilippineretirement
7 ай бұрын
Thanks for the info
@habsguy1966
7 ай бұрын
Some excellent advice Mike. In the many trips I've made to the Philippines, I learn something every time. My last trip in 2020 was to have a good email. I use Proton email for tha now. This trip, maybe not a mistake but didn't put my website passwords on my laptop because some sites recognize being in another country and log out and ask you to sign back in. The other is exchanging money. Some of the popular places frequented by foreigners give terrible rates. We talked to BPI bank as our friend here uses that bank and if we had an account there we could of exchanged our cash. The employee did recommend an exchange place with a very good rate. Best we've seen for the Canadian dollar. Thanks for another informative video.
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