So you moved to the Philippines. Congratulations. Therefore, you might need a way to obtain cash from your home country. Hence, today’s post: “Cheapest Money Transfer Services.” I did some research which was based on the Philippine peso to US dollar exchange rate, 51.30 to 1. The exchange rate study was done on Tuesday, June 25, 2019, at 2:36 pm Manila time.
Move to the Philippines from USA: 5 Basic Steps
First of all, you need a passport to travel out of the United States. But you already knew that, right? However, you can move to the Philippines from the USA without a visa. The Bureau of Immigration lets you stay for up to 30 days.
I ran across this awe-inspiring article at Investopedia by Jean Folger recently. First of all, Ms. Folger presents an interesting premise. Retiring in the Philippines with $200,000 of savings. A quick Google search shows some financial experts predicting that even 1 million US dollars wouldn’t be enough to retire.