PHILIPPINES: RETIREMENT HAVEN FOR WORLD’S RETIREES
It is nice to note that the Philippines is being promoted as a retirement destination for the world’s retirees. This move will surely provide more jobs and economic opportunities for the Filipinos especially those involved in the health industry.
General Manager of the Philippine Retirement Authority (PRA), Veredigno Atienza said the agency must do more road shows, promotions , and conferences for selected audiences.
Atienza said they are focusing on the Philippines’ leading possible source countries like USA, China, South Korea, and Japan. The Philippine Retirement Authority is promoting developments in age-friendliness, tourism, healthcare and the Department of Tourism’s “It’s more fun in the Philippines” campaign to boost the Philippine position further in the international retirement rankings,” he noted.
Atienza believed that the best way to get reputable international publicity is to secure good graces of respected international magazines.
He added the Philippines needs to compete with the other International competitors which are offering more aggressive retirement programs.
With this, Atienza said the Philippine Retirement Authority will soon be launching more product and program innovations designed to attract more retirees to the country.He also said the country is eyeing to attract one to ten million foreign retirees in six years.
“One, three, five, even ten million foreign retirees out of 600 million? Why not? With all our combined efforts we can attain these numbers,” he added.
Similarly, Negros Occidental is also getting ready for this move. Negros Occidental is said to have all the qualifications to be a retirement haven. Factors like climate, safety, medical facilities, low cost of living can be considered positive in the province. Negros Occidental is also considered as the organic capital of the country , making it a plus factor for the project. Presently, the cities of Bago, Victorias , Sipalay and the Town of Murcia is positioning to host retirement villages in their localities.