Philippine Perspectives: Life, Costs, and Investments

Philippine Perspectives: Life, Costs, and Investments

As an expatriate who has left the Philippines for over two decades and is now a US citizen, my experiences offer a unique viewpoint on the country I call home. My latest visit to the Philippines in February was mainly to reconnect with my family and introduce my husband to my relatives. This experience provided valuable insights into the current state of the country and its challenges.

Lifestyle and Acceptance in the Philippines

Kudos to my family for their acceptance of same-sex relationships. While outwardly accepting, many family members expressed politeness and understanding towards these issues, even to those who might have personal doubts. It’s a testament to the evolving social attitudes in the Philippines, a nation where I was born, raised, and left behind at the age of 40.

Despite being away for years, I am grateful for the benefits I can enjoy while visiting. My intention to acquire a retirement visa demonstrates my desire to maintain a connection with the Philippines without the limitations of strict immigration policies.

Living in Cities vs. Smaller Towns

I am comfortable with the crowded cities of the Philippines, a lifestyle choice that aligns with my personal preferences. Living in smaller towns would mean being the 'big fish' in a 'small bowl,' an experience I prefer to avoid. However, the quality of life in smaller towns can be more self-sufficient and community-oriented.

My preference for urban environments is a matter of personal choice, as I believe big, crowded places offer more vibrant and dynamic experiences. With a life expectancy that would still allow me to live a full life, I am making the most of these moments in South East Asia, where the Philippines is part of a region that is thriving and growing.

Expenses and Market Dynamics

During my recent visit to Thailand, I noticed that prices in Bangkok are generally cheaper than in the Philippines. This observation highlights the significant living costs in the Philippines, a country that can be quite expensive for long-term residents. Inflation is a challenge, and it continues to affect daily living.

The facilities for people with disabilities in both the Philippines and Thailand are typically underdeveloped or considered a second thought. My husband, who has a disability, had to deal with barely existing infrastructure and facilities. This lack of inclusivity is a reflection of the broader issue of failing to accommodate marginalized groups.

The market in the Philippines is dominated by a focus on securing cheap prices, which often leads to a decline in quality. This frenzy for cheapness is a result of unrealistic wage rates for ordinary workers. Consequently, many businesses do not cover their costs realistically, leading to poor quality products and services. Desiring quality ultimately means paying more, but this scenario is less common in the Philippines due to the predominantly price-driven market.

Investment and Economic Growth

Despite the challenges, many Filipinos are investing in the country, a positive development for the nation's economy. Investing in the Philippines is a choice that ensures the country's success. As someone who has experienced the country's growth and decline, I am encouraged by this trend.

I am also actively participating in the economic growth by exploring various opportunities. The multitude of options for investment and the potential for growth provide a platform for individuals to contribute to the nation's prosperity.

Conclusion

Overall, I feel a sense of pride and a positive outlook towards the Philippines. While the country faces significant challenges, it also offers potential for growth and personal fulfillment. By embracing responsible investments and focusing on quality of life, the Philippines can overcome its current economic hurdles and grow into a thriving nation.