The Philippines is blessed with heaps of wonderful places for someone with means to retire and sustain a lifestyle that is not possible in his/her home country. On the surface it might appear to be paradise for foreigners to retire here but nothing is what it seems in 3rd-world countries. Far too many foreigners have lost almost everything just a few years into the retirement. Properties purchased turn out to be encumbered with debts and other legal issues. Simple motor accidents turn into law suits and gigantic claims.
Nightmare scenarios can easily be avoided if the retirement is planned out properly taking into consideration real issues that are indigenous to this country. The golden rule for a foreigner to live in a 3rd-world country is to keep it as simple as possible. The application of this golden rule starts with the choice of a destination. Beautiful beaches, sea-side estates and adorable old houses attract many unwary retirees. These are places to visit, spend a little money and live like a king for a few days, not a home base to spend the rest of a life.
Yats Leisure recommends Clark Freeport as the most prudent option for retirement in the Philippines. Other special zones and freeports are also recommended for the same set of reasons. Crime rate is top of the list. The cost of protecting a retiree against threat and consequences of crime in the Philippines is very high. Most retirees opt to take their chances but that almost never ever works. Legal structures are far more dependable in Clark Freeport than in a municipal city including the big ones like Manila and Cebu.
Numerous requests have been received by Yats Clearwater Resort and Country Club to accommodate people from all over the world planning to retire in the Philippines. To properly handle these requests, Yats Leisure established a special group of trained staff experienced with processing residence visas, setting up homes and even small businesses in Clark Philippines and to give consultation on the do’s-and-don’
Living in Clark Philippines
The best way is to acquire a long-term lease of 30-40 years inside Clark Freeport which has the lowest crime rate in the country. Yats Leisure has house-and-lot projects that cost from US$150,000 upwards. For more information, visit www.YatsLeisure.com or ask for more information on Clearwater S O H O project.
Setting up a business in Clark Philippines
The best way to start your business here in Clark Freeport is to piggy-back on an existing business, a locator – that’s what they call businesses that are “located” in Clark. First, find a business that has excess land to sublease or assign or allow your business to dwell in. Once you do that, the rest is all downhill and nothing will stop you from enjoying all the best that this country can offer.
Getting to know people in Clark Philippines
If you are wondering how you can meet up with friendly businessmen in Clark Freeport, that’s not half as difficult as you might think. There are a few “in” places you can visit and before you know it, you’d be meeting up with local business leaders. This is not a very large community, just 130 or so active businesses. It won’t take very long for you to know all the who’s-who.
First place you want to visit is the town’s fine-dining restaurant where all the businessmen wine and dine. The place is called Yats Restaurant and Wine Bar. Right next to it is the London Pub, an English styled pub, quite cozy, not like the girlie joints out in Angeles. Both are located inside Mimosa Leisure Estate. Clearwater Resort and Country Club is about 5 minutes down the road from Mimosa.
If you need more information about retiring in the Philippines email Retire@Yats-
