PH one of the world's most affordable retirement destinations

MANILA – The Philippines was listed in the global top 10 best destinations for retirees, securing a high score of 95.1 in general affordability and 91 for housing affordability.

In the recent Rumavi Global Relocation Index, the country joined Malaysia and Thailand as the only three Southeast Asian states to make it to the 10 best countries list to retire in this year.

Malaysia ranked number 1 among 192 countries and territories in the index, Thailand came in fourth, while the Philippines placed eighth.

The Singapore-based relocation advisory firm Rumavi said the Philippines stands out as a “particularly strong option” for retirees, citing its exceptional affordability and housing costs.

The country currently offers the Special Resident Retiree’s Visa (SRRV) for foreigners looking to retire in the Philippines.

SRRV holders are allowed multiple entries and indefinite stays in the Philippines and are eligible for a number of discounts and privileges from Philippine Retirement Authority-accredited merchant partners across the country.

Earlier this year, the Philippines was also named as the world’s No. 1 retirement destination for 2026 by the Expatriate Group, scoring 78 out of 100, in the group’s Retirement Abroad Index. (PNA)