Moving to the Philippines Because of the Economy
March 21, 2009
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Posted by dmihalia
I just learned today that an older couple who had moved to the US years ago and whose children grew up there are moving back to the Philippines. Why? Because they lost their jobs and house in California and can’t afford to live there anymore. Luckily this couple planned ahead and have a very nice house in the Philippines and can come to the US to visit whenever they please. It is happening all over and many people who after visiting this blog and reading my posts ask me about the advantages of moving to the Philippines. Of course, I always tell, them my first rule, that you don’t move to someplace you have never been. Rule 2 is when you go there you need to live on the economy and see if it’s for you. I would also recommend anyone who previously didn’t have plans to move there to wait a little while and see if the economy improves.
On another note I have new site to recommend to you. It’s called Kat’s World 3 and first of all it is written by an English teacher. But there is so much more to the site such as things about Filipino life from a nice young woman. Add the beautiful pictures and you have a great site please check it out.
Categories: Philippines General
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oohh..This is really sad…I hope they have saved enough money to start a new life in the Philippines.
I know quite a number of people who have lost their jobs because of this financial crisis. I really pray that this crisis is resolved as soon as possible.
Hello, thank you for posting the link to my blog here. You don’t know how happy reading this made me. Hope you’re having a good time in this country I love so much.
katcarneos last blog post..Teacher Kat On A Mission
Interesting post about those migrating back to the Philippines. My husband is Thai and if things get bad enough, we may have to move back to Bangkok (we’re in California right now).
I found your blog from the Blog Promotion group in Blog Catalog.
Another expat in the Philippines blog I know of is Jil in the Jungle:
http://junglejil.blogspot.com/
This guy’s an American who used to live in Thailand, then he gave up Thai women and married a Filipina. You might find his blog interesting.
Hi Amy
Thanks for the link to the site. I plan on visiting his site very soon.
Good post. I enjoyed reading your blog.
Hi Alan
Thanks for stopping and if you have a blog please let me know. I’d like to visit it.
That is a real shame, they must have worked really hard to make a in the USA and now having to move back must really hurt.
This blog is very informative too. I love blogging when it is for or about something I believe in. I also read news blogs often and find that it makes me feel more intelligent every time I read them. I will definitely put your site on my speed dial.
They may be chasing the economy there as well. Sad, either way.
Mark´s last blog ..California Car Insurance
Many are contemplating a move now.
@demihalia– yeah, im one of those. i got here 3 yrs ago. and i dont like the lifestyle here, once im done with my grad school here in michigan, im heading back.
Hi kristakulit
Thanks for reading and commenting. I’d be interested in what you mean by “I don’t like the lifestyle here” You say you are in grad school so I’d assume you are younger. What so you plan on doing when you return to the Philippines?
China doesn’t want its currency to appreciate because by keeping the yuan low, they are able to export their goods at a cheaper price. China competes with Brazil, Russia, and India amongst others for exporting goods, and by keeping the yuan artificially low, China is able to gain that advantage of being able to sell your goods at a cheaper price. Cheaper prices looks more attractive to buyers who then may have a favoritism to China because of that reason.
If you’re talking about buying properties that are being sold as a fleeting sale in peacefulness to buy them cheap and flip them, there are a million books at the library. I read one called Millionaire Real Estate Mentor (or something close to that) that was pretty informative.
Hi Leaonard
I’ll agree with you on the million book thing and I think I’ve read them. My real estate dealings in the Philippines have been mostly conventional deals and I’m not sure creative real estate happens for a person like me there.
Hi Ira
In most cases cheaper doesn’t mean better
Nice..
This post is one my favorite blog..
I am loking forward to see more interesting content like this..
Keep it up ..and keep posting
Visit this one of the interesting site that i managed to surf in:
Hotels in Philippines and Philippine Hotels
Filipinos are smart enough, see they have thought of investing their hard earned money to build up a house in the Philippines. So just in case something happen they have something to hold on to.
abbey1990 ´s last blog ..Black and White Bedding for Bedrooms with Class
my dad’s friend from the states is moving too after they retire. they said it’s much cheaper to live in the Philippines.
Lucy´s last blog ..Missold GAP Insurance Compensation Claims
Yes Lucy it is!