Here’s a little post under the broad heading of how to Retire in the Philippines I’ve been meaning to write for some time. It’s perhaps 50% rant, and 50% good business idea going to waste, so be forewarned that I’m going to say a few things here about … how to retire in the Philippines, retirees, foreigners, Filipinos, those living in the Philippines, those retiring in the Philippines and other expats who want to know about visas and technicalities about the question of Philippine retirement…that are strictly my opinion (as if I ever don’t 😉 (say what’s on my mind, that is).
Retire in the Philippines — How Would people Know?
Just start out by asking yourself this question. Suppose someone had no idea of what retirement in the Philippines was all about, but for some reason decided to start learning about it?
In the year 2011, there’s an excellent chance that the potential retiree, or even a younger person thinking about starting a business in the Philippines, is going to type a query, something very much like “Retire in the Philippines” into our good friend Google. Isn’t that what most of you would do to start researching a new subject these days?
Of course Google is going to know thousands and thousands of things about how to Retiree in the Philippines, and it’s going to bring back the most relevant 10 pages in a matter of just a fraction of a second. You’ve all seen these pages, technically they are called SERPS … Search Engine Results Pages.
I just tried that query in Google a few minutes ago, and 10 sites came back, all looking to be pretty interesting. The top one in the list, I was glad to note, was the Philippine Retirement Authority site … the folks who administer the SRRV (Special Residents Retirement Visa) program … of which I’ll have a bit more to say about later.
But you know what kind of jumped out at me … stuck out sort of like a sore thumb, especially since it was the only paid ad on the page riding along with the free SERPs? This ad:
Retire in the Philippines — Malaysia?!?
Nothing wrong with it at all. Malaysia runs a government-sponsored program for special visas for expats and other retirees that’s similar in many ways to the Philippine SRRV.
Anyone can buy ads on Google for any legitimate purpose … so the fact that the ad is there doesn’t stick in my craw from any legal or moral sense.
But in today’s world, where so much of commerce runs on the Internet, and especially here where people bug me continually about:
- How they could make money from the Philippines
- How they could help the Philippines
- how they could be involved in something that might earn them an honest dollar no matter if they lived in the US or the Philippines
That little ad certainly leaves me a little depressed. Opportunity just going to waste.
Retire in the Philippines — Where’s The Opportunity?
You want opportunity? OK, I’ll point one out to you.
The PRA (Philippine Retirement Authority) does more than just take people’s money and issue visas and ID cards. They have an active, ongoing program to market the SRRV. The requirements to become accredited as an SRRV marketer are on their website. In summary, the requirements are pretty simple. Anyone who wishes to can become an offical marketer for the SRRV program, including:
1. Single Proprietorship, with business address in or outside of the Philippines
4. Law Firm
Do you get remunerated (that means earn money, folks) for this accreditation? Well, if you deliver new SRRV members I believe the payout is $500 USD cash money (or maybe a check 😉 ).
Contact the PRA for the current details … I’m not selling anything here. My point in writing about this today is to try to show those who come here looking for direction and opportunity to think a little outside the box. Think more of yourself than just another sari-sari store or Internet cafe operator or some other ordinary day-to-day business hopeful. Set your sights higher than the lowest rung of the ladder.
Many of you reading this are active online enthusiasts and many are Filipinos or foreigners who love/are very interested and knowledgeable about the Philippines.
So ask yourself why some online businessman in Malaysia is making money by targeting Retire in the Philippines? Perhaps because nature abhors a vacuum. You want to do something that pays? Fill a need … and help others to Retire in the Philippines.