The Portal - Retirement in the Philippines by The Portal

Your Guide In Retiring In The Philippines

First Edition 2015

THE PORTAL RETIREMENT TO THE PHILIPPINES The Portal, Retirement in the Philippines is part of the guidebook series published by St. Uriel Publishing House, which also publishes bi-monthly, The Philippine Traveller, a travel lifestyle newspaper. The Portal contains facts, tips and information about the Philippines as the best emerging retirement destination and select choices of real estates properties. It also has maps and other sections useful to a retiree. _____________________________ ACKNOWLEDGEMENT PRA Office of the General Manager PRA Marketing _____________________________ The Portal “Retirement in the Philippines” First Edition 2015 Copyright 2015 St. Uriel Publishing House Alabang, Zapote Road, Las Pinas, Metro Manila 1747 Philippines Email: theportalguide@gmail.com ALL RIGHTS RESERVED 2

COME TO THE PHILIPPINES … LOVE THE PHILIPPINES The Philippines is one big friendly home. With wide open arms eager to embrace visitors from all walks of life Filipinos are known to flash such big smiles even in the midst of challenges. They are naturally caring, and always ready to meet new friends. The country is rich in natural attractions. From world-class beaches to dive spots, hiking and trekking adventures, the rich environment offers countless weekend activities. When you choose to live in the Philippines, there will always be some new experience to post in your social network page and share with your friends back home. 3

Beach Lovers Paradise

Sight-Seeing Adventure

The skillful Filipino craftsmen have created magnificent structures that have earned the credit of international heritage societies. The Banaue Rice Terraces, considered one of the Wonders of the World, tops the list followed by the Spanish style houses in Vigan, Ilocos Sur. Other sight-seeing attractions include the Baroque-style churches -- San Agustin Church in Paoay, Ilocos Norte, the Nuestra Senora de la Asuncion in Santa Maria, Ilocos Sur, San Agustin in Intramuros, Manila, and the Santo Tomas de Villanueva in Miag-ao, Iloilo; and the interesting land forms like Taal Volcano in Batangas, the smallest active volcano, Mount Mayon in Legaspi Albay, known for its perfect cone shape, the Chocolate Hills of Bohol and many more.

The Philippines has numerous fine, powdery white sand beaches. One of the longest coastlines in Asia at 36,289 kilometers, the crystal blue water is admired by travelers worldwide. Among the top beaches are Boracay Island in Aklan, El Nido in Palawan, Camiguin Island, Pagudpud in Ilocos Norte, Puerto Galera in Mindoro, Nasugbu and Lian in Batangas, Ternate in Cavite and many more.

Diving Capital

The country has the highest density of coral species in its marine rich and bio-diverse waters. Asia’s dive capital: amateur divers can earn their license at the training centers in Anilao, Puerto Galera and Boracay. Among the country’s famous sites are Palawan’s Tubbataha Reef, a UNESCO Heritage site, Verde Island in Mindoro Oriental, Apo Reef National Park in Mindoro Occidental, the largest atoll-like reef in the country and home to 285 fish and 197 coral species, Apo Island Marine Reserve in Dumaguete, Negros Oriental, Balicasag and Pamilacan Islands in Bohol and Malapascua and Moalboal Islands in Cebu. 4

Sports Adventure

Sports enthusiasts will be amazed at the variety of facilities all over the country. Golfers can choose from the courses designed by famous golf celebrities, including country clubs that host international tournaments. Those who enjoy water sports can snorkel with the whale sharks in Donsol, Sorsogon or surf in Siargao Island, Surigao del Norte, Baler, Aurora, Daet, Camarines Sur and in Catanduanes province; Mountain climbers can head for Mt Apo in Davao, the highest peak at 9,689 feet, go trekking at Mt. Pinatubo or explore the Callao caves in Tuguegarao, Cagayan.

Gustatory Feast

Dining, Filipino style is not your usual meal. A lunch or dinner invitation is actually a celebration of friendship, topped with a rich cuisine influenced by Asian and European cooking techniques. Locals love to eat in groups, politely inviting everyone including strangers to partake in the meal. A feast will not be complete without a lechon, spit-roast whole pig served with liver sauce, adobo chicken and pork marinated in vinegar, soy sauce and garlic and stewed until tender, kare-kare, meat and vegetables cooked with peanut sauce served with shrimp paste, sinigang pork, or seafood in tamarind soup, grilled seafood and many more. The more adventurous are challenged to try the balut, boiled duck eggs with partially formed embryo, and dinuguan or pork blood stew served with steamed rice or puto, a local term for rice cakes. Aside from local cuisine there are rows and rows of restaurants in the city serving dishes from different parts of the world. Foreign food chains are also found in popular shopping malls.

The brave can go white river rafting in Chico River or in Cagayan de Oro River, kayaking and canoeing at the Bacuit Archipelago or at the St. Paul Subterranean Cave in Palawan; windsurf in Lake Caliraya or in Taal Lake, kite surf in Boracay or wakeboard in Pili, Camarines Sur.

Spa Indulgence

The Filipinos have a traditional healing massage called “hilot” which means touch therapy. It relaxes tired muscles and heals aching joints. Several spa clinics and massage centers have also mushroomed all over the country offering all different kinds of massage treatments. For a more luxurious spa weekend there’s Nurture Spa in Tagaytay, Mandala Spa in Boracay, Sanctuario Spa in Manila, Chi Spa Village in Shangri-La Mactan, Cebu, and at The Farm at San Benito in Batangas and many more.

Shopping

Shopaholics especially bargain hunters will enjoy going to the malls in the country. The top shopping centers are found in Metro Manila, Cebu and Davao offering everything from international brands to local products. In Manila, shoppers can go to Mall of Asia, the third largest mall in the world Mall of Asia, Robinson’s Place, Balikbayan Handicrafts, and Tutuban Center. In Makati and Ortigas there’s Greenbelt, Glorietta, Landmark Department Store, Greenhills Shopping Center, Megamall, Shangri-La Mall and Tiendecitas. In Cebu, check out the Ayala Center, the Gaisano Malls, Robinson’s Place, SM City, and for native delicacies, fresh produce and fresh and dried seafood, go to the Carbon and Tabo-an Markets. In Davao, shop at Aldevinco Shopping Center (for fabrics, batik, carvings) Victoria Plaza, Gaisano Mall and at the New City Commercial Center department store. City centers are also have tiangges, the Filipino version of flea markets where shoppers can haggle for the lowest price possible.

Festivals

Filipinos love to celebrate. They have a long list of festivals where people celebrate in the streets through religious processions and parades. The year opens with the Ati-atihan in Kalibo, Aklan. The event commemorates the feast of the Sto Nino with a week-long street party. 6

Pahiyas in Lucban, Quezon is on May 15, a harvest festival celebrating the feast of San Isidro Labrador. Colorful kiping and other thanksgiving offerings are displayed in houses that line the procession route. The Masskara Festival in Bacolod City is celebrated in October, coinciding with the city’s charter day. The city holds a mardigras-style parade complete with carnivals and fairs.

World Class Artistry

The theater and concert scene in the Philippines is alive with astounding performances by world class artists. The Cultural Center of the Philippines features performances by the Ballet Philippines, the Philippine Madrigal Singers, and the Bayanihan Dance Troupe. World-renowned artists Lea Salonga and Cecile Licad also hold concerts in major concert halls in Manila. The Center of Arts in San Antonio (CASA) in San Miguel, Zambales features violinist Alfonso “Coke” Bolipata and his Pundaquit talents. Other groups that showcase the Filipino performing talents are Philppine Educational Theater Association (PETA) Repertory Philippines, Atlantic Productions, and other independent production groups that hold shows at the New Port Performing Arts Theater in Resorts World, RCBC Auditorium, Onstage Greenbelt and other popular venues. In the Visual Arts scene, works of world-class Filipino masters Juan Luna, Felix Resurrection Hidalgo and Fabian de la Rosa, National Artists Fernando Amorsolo, Carlos Francisco, Victor Edades, Vicente Manansala, other Philippine painting greats and contemporary visual artists can be viewed at the Philippine National Museum, the Metropolitan Museum of Manila, the Ayala Museum and in galleries and University museums around the city.

The festivals are as many as towns in the entire archipelago. Other unique cultural events and activities include Santacruzan — a May time procession of beautiful women re-enacting St. Helen’s quest for the holy cross, the Black Nazarene procession in Quiapo held in January, the holy week rituals in San Fernando, Pampanga and the traditional Christmas rituals like the colorful lanterns, dawn masses and noche buena feasts.

Exciting Night Life

Evenings will never be boring in the Philippines. Every city is bustling with energy come sun down with restaurants, cafes and bars lighting up the busy streets. In Makati the country’s financial district, the night life sizzles at Greenbelt and Glorietta while at nearby Bonifacio Global City party goers troop to Serendra, Bonifacio High Street and Burgos Circle. Quezon City is another popular evening destination with establishments in Timog, Tomas Morato Eastwood City in Libis.

Colleges and universities in the Philippines are the training ground for internationally-recognized performance groups namely Dulaang UP (student theatre group), the UP Concert Chorus, UP Singing Ambassadors of the University of the Philippines, Ateneo College Glee Club and the Ateneo Chamber Singers of the Ateneo de Manila University, the UST Singers and the Salinggawi Dance Troupe of the University of Santo Tomas. The live concert scene at Araneta Coliseum and SM Arena are packed to rafters with concerts by local and international artists like Beyonce, Jennifer Lopez, Justin Bieber, One Direction and other performers.

The city of Cebu is noted for its exciting evening entertainment. Check out the Ayala Mall and the different establishments in Osmena Blvd. The ultimate island-party fever is in Boracay. The island is noted for its carefree spirit and home to clubs and bars on the beach. 8

BE PART OF A UNIQUE CULTURE The Philippine archipelago is made up of 7,107 islands. It is part of the Southeast Asian region and spans 1,840 kilometers north to south. Taiwan lies in the northern border and the southern part is enclosed by Indonesian and Malaysian Borneo. At the Western and Eastern sides are the South China Sea and the Pacific Ocean. Manila is the Capital of the Philippines which is 8 hours ahead of Greenwich Mean Time, (GMT).

Culture

Ask any foreigner living in the Philippines about the uniqueness of the culture, and you will hear endless tales of their warmth and graciousness. Other nationalities are just as hospitable but Filipinos are a league of their own. They generally like to help others, including strangers. When visiting a new place, you can always count on some kind-hearted local who will point you to the right direction. The Philippines is also the only Christian country in Asia. More than 86 % of the population is Roman Catholic, 6 % belong to various nationalized Christian groups, and another 2 % belong over 100 different Protestant denominations.

Language

Language will not be a problem for retirees when they choose to live in the Philippines. It is the third largest English-speaking nation in terms of population. Almost every Filipino can understand and speak some English. There are two official languages -- Filipino and English. Filipino which is based on Tagalog, is the national language. English is widely used and is the medium of instruction in higher education. There are also eight (8) major dialects spoken by majority of the Filipinos: Tagalog; Cebuano; Ilocano; Hiligaynon or Ilonggo, Bicol, Waray, Pampango, and Pangasinense. Filipino is easy to learn, most foreigners can immediately pick up the basic expressions after a few weeks. Moreover Filipinos will be more than glad to teach their native language to their foreign guests.

Climate

Foreigners love the country’s tropical climate. March to May is hot and dry, June to October is rainy, November to February is cool. Average temperatures: 78F/25C to 90F/32C; humidity is 77%.

Health

Medical facilities in the country are at par with the world’s top health institutions. Private hospitals are accredited by international commissions on patient safety and health care quality. Filipino medical personnel and caregivers are in demand worldwide for their expertise, competency and their natural ability to extend care and compassion to their patients. Health-wise foreigners are in good hands, should they wish to retire in the Philippines. Quality healthcare are available in both private and public hospitals. The rates are quite affordable for foreigners 10

compared to the cost of medical procedures in their home country. Among the top hospitals in the country are St, Luke’s Medical Center in Taguig and Quezon City, Makati, Medical Center, Medical City in Pasig and Asian hospital in Muntinlupa. There are likewise several clinics and health centers all over major cities and towns. Because of the affordable rates and expert medical personnel the Philippines is fast becoming a more popular destination for medical tourism.

Transportation

Commuters can freely move about the metropolis with the variety of transportation options.

Taxi

Taxis are a convenient and comfortable means of travel in the city. All taxis are metered some even issue official receipts. Most drivers speak basic English, making communication very easy for both driver and passenger.

Trains

Metro Manila has three mass railway transit lines- LRT-1, MRT2 and MRT 3. LRT 1 runs in a north-south direction from Baclaran to Monumento, then it runs in an east-west direction from Monumento to North Avenue, linking the cities of Quezon City, Caloocan, Manila, Pasay and Parañaque. Passengers can transfer to the Purple Line at Doroteo Jose station, while passengers can transfer to the Blue Line at EDSA and North Avenue stations. MRT-2 runs the east-west direction of the Metro area. It goes through Santa Cruz passing several areas of Manila then San Juan, Quezon City, Marikina and Pasig. The track runs above Recto, Legarda , Magsaysay Boulevard, Aurora Boulevard, and Marcos Highway. MRT-3 runs in the north-south direction of the Metro area, through San Roque in Pasay, then Makati, Mandaluyong, Pasay and Quezon City. The track runs above segments of Epifanio de los Santos Avenue. The country also has a regional service -- the Philippine National Railway or PNR. It carries passengers all the way to the suburbs, and nearby provinces like Laguna.

Buses

Buses are a common sight on the major roads of Manila and in the distant provinces. Buses are classified as either air-conditioned or ordinary. The destinations are marked down on a large placard in front of the bus.

Boats

Being an archipelago, boats and ferries are very common around the islands. Bangkas are traditional boats used for shorter distances. Ferry boats are bigger and more comfortable, with several companies having daily scheduled trips. The fastest type of boat is the catamaran. It travels between the bigger islands, covering longer distances in a short time. 11

Jeepneys

The jeepney is the most popular and economical means of transportation. Distinctively Filipino, the colorful decorations embody the uniqueness of the culture. The designated routes are painted on its exterior with a small placard in the front indicating its main destination.

Tricycles

For short distances tricycles are used by commuters to get to their destination. A tricycle is actually a motor cycle attached to a passenger-cabin on a third wheel. Depending n the size it can carry as much as five passengers three inside the cabin, and two behind the driver.

Air Travel

The major airport in Manila is the Ninoy Aquino International Airport. It has four terminals NAIA 1, NAIA 2 also known as the Centennial Airport, NAIA 3 and NAIA 4. Other airports include the Clark International Airport in Angeles City, Mactan-Cebu International Airport and Subic Bay International Airport in Subic Bay.

EXCELLENT REASONS TO RETIRE IN THE PHILIPPINES To live in a place where you can watch the sun rise and set could be a new experience to many, who are foreign to this kind of life’s simple joys. In some parts of the world, where the sun’s daily greeting is almost unusual, having a warm day in a tropical island like the Philippines or basking under the sun is an event. There are excellent reasons to retire in the Philippines, which makes it an absolutely “more fun” destination this side of the globe!

The country’s national air carrier is Philippine Airlines also the oldest commercial airline in Asia. For local and international destinations travelers can also take Cebu Pacific, Air Asia Zest and Skyjet.

Banks/Money Changer

Foreign residents may open an account in the Philippines by presenting their ACR- I card or Alien Certificate of Registration. Some banks may allow you to open an account without the ACR- I card, but it is still best to double check. Banks have different requirements. Foreign ATM cards with visa electron and plus logos can be used in Philippine banks. Please make sure the ATM carries the appropriate logo before doing your transaction. There is an additional surcharge of 200 pesos is per transaction. Finding an ATM in the Philippines is not a problem. Almost all major shopping malls have several ATM machines. Some local bank ATMs have a withdrawal limit, which ranges from PHP 4,000 to P20,000 per withdrawal, and may also impose a limit of 2 transactions per day. There are lots of money changers all over the Philippines. You can go to any bank, or a foreign exchange centers in shopping malls and in every major commercial area.

Courier Service/ Money Transfer

There are a number of local and international courier companies in the Philippines providing delivery services for major cities worldwide. For international courier service there’s UPS, DHL Express and TNT, while the local companies are Air 21, 2Go and LBC Express. For money transfer services, there are Western Union branches all over the country, even in remote provinces.

Enjoy Filipino dishes like adobo, sinigang, kare-kare, pinakbet, bicol express, and the freshest sea food dishes you can imagine. Experience the country’s most popular festivals like Cebu City’s Sinulog, Aklan’s Ati-Atihan, Iloilo’s Dinagyang, Baguio’s Panagbenga Flower Festival, Davao’s Kadayawan, Bohol’s Sandugo; and islands like Palawan, Panglao, Boracay, Caramoan, Camiguin, and Coron. Shop in the some of the world’s largest malls like Mall of Asia, SM Aura, Megamall, Greenbelt, Glorietta, Shangri-la, Rockwell, Greenhills Center, Robinson’s Galleria, Robinson’s Magnolia among others. Enjoy world-class casinos and gaming venues like Casino Filipino, Solaire Resort & Casino, and Resorts World Manila. The cost of living in the Philippines is much cheaper. No doubt about this. And think of the many business opportunities

The Philippines has world-class healthcare. We have JCIaccredited hospitals like St.Luke’s, Medical City, Makati Medical Center, Asian Hospital, and Chong Hua. We also have locally accredited quality and affordable hospitals like Cardinal Santos, University of the East Medical Center, Lorma Medical Center, University of Santo Tomas Hospital, Manila Doctors, Medical Center Manila, Far Eastern University Hospital, Cebu Doctors, and Chinese General Hospital, and leading government hospitals like the Philippine General Hospital, Philippine Heart Center, the Lung Center of the Philippines, Philippine Children’s Medical Center, and the National Kidney and Transplant Institute, among others. The Philippines also has quality health insurance and health maintenance organizations, such as the Philippine Health Insurance Corporation, Maxicare, Philcare, and Medicard. International health insurance coverage by providers such as Van Breda, Aetna, United Healthcare, Carefirst, Humana, Molina Healthcare, Blue Cross,TriCare, and Kaiser International is accepted in Philippine hospitals. The cost of co-pay in the US may be practically equal to the cost of the whole medical procedure in the Philippines. The emergence of independent physician associations such as United Physician International, Inc. will help make Medicare benefits portable to the Philippines. Third party administrators and other facilitators are providing more mechanisms for Medicare portability.

a. Cebu SRP Project to host cutting-edge andlargest retirement related facility with 1.25 hectares, 3 buildings, 800 units; b. Tagaytay offers a unique project with best of wellness and best of retirement. La Bella in Tagaytay is an intergenerational project consisting of a condotel for visiting relatives of retirees and residential condos for retirees. Wellness packages are included in the purchase of the units; c. Mactan Newtown Township is in a fast-expanding mode. The first cluster consisting of four buildings is moving towards the finishing stage, as Megaworld has expanded the project from the Lapu-Lapu Shrine to the beach thru the acquisitionof Portofino beach. d. LifeCare Residences Cebu has tied up with the Manosa Group of Architect Manosa to develop a 2-hectare retirement facility in Cebu. e. Oroland in Bacolod is an international oriented, green, intergenerational community with access to metropolitan amenities. Last but not least, the retiree has visa options depending on his situation: dual citizenship, 13A (for those married to Filipinos), and PRA’s Special Resident Retiree’s Visa (SRRV).

Agressive lobbying by groups (such as US Medicare PH) identified with the Philippines and Latin American countries is bringing the passage of a bill making Medicare portable to countries like the Philippines and Mexico more and more likely. Furthermore, more policy studies by an increasing number of respectable research groups are providing the metrics to justify health outsourcing and retirement migration. It is easy to integrate with Filipinos. English is very widely spoken. Signages and instructions are in English, and daily newspapers are in English. There is freedom of expression, and as PRA retireemember Jon Stewart would say: “One of the reasons my family and I choose to live in the Philippines is that the people are warm, kind and reliable. We are happy to make our home here among such people.” Many localities see and promote their towns and cities as RADAR (Retirement Areas Deemed as Retiree-friendly): Makati, Quezon City, Cebu City,Talisay City, Liloan, Bogo, Cadiz, Bacolod, Dumaguete, Victorias, Baguio,Tagaytay, Davao City, Zamboanga City. Also economic zones like Subic, Clark and Zamboanga. Retirement facility projects include: 14

Live Like a Monarch at the Heart of the Bay City

The Bay City: A prime buy for serious property investors Serious property investors who want to cash in on the Philippines’ strong economic performance should look at investing in the Bay City, the most ambitious tourism project that could potentially bring good returns to property buyers. Covering 1,500 hectares of land across the cities of Manila, Pasay and Parañaque, the Bay City is envisioned to be the entertainment destination of Southeast Asia. It is also one of a few districts in Metro Manila which has land available for development on a large scale with room for growth over the next 5 to 10 years. This early, the area is bustling with life and activity even in the first few stages of its development. This should grow tremendously once construction is completed. World-class entertainment complexes As the country’s flagship entertainment project, Bay City boasts of infrastructure and amenities that will put it at par with Las Vegas, Macau, and Singapore. Once completed, Bay City will be home to 4 hotel casino resort complexes renowned for their expertise and their track record. The first is the $1.2 billion Solaire Resort and Casino which is now the favorite destination of casino players and those in search of good entertainment and dining options. Before 2014 ends, the City of Dreams Manila, a $1.3 billion urban resort project by Melco Crown Resort Corporation and Henry Sy’s Belle

Corporation, will open its doors. Tapping the world-class brand of City of Dreams in Macau. In 2016, Manila Bay Resorts, a $2 billion project by Tiger Resort, Leisure and Entertainment, Inc. will begin operations. Last but not the least, Bay City welcomes in 2018 the $1.1-billion Resorts World Bayshore by Travellers International, a partnership between Andrew Tan’s Alliance Global group, Inc. and Genting Hong Kong, Ltd. Anchor Land: blazing new trails in Bay City Well poised to soar along with Bay City is Monarch Parksuites, one of the largest residential developments of Anchor Land to date. Monarch Parksuites is an 17-storey residential luxury condominium on an 18,000 square meter piece of property situated right at the doorstep of the Bay City entertainment enclaves. An investor’s dream Since its launching, the property value of the project, along with its average rental income, has climbed steadily, and the trend is expected to continue. For unit owners who prefer to rent out their units, Anchor Land has a special group of client servicing experts under the Anchor 100 umbrella who are tasked to provide a wide array of services that enhance the value of their investments. For sure, Monarch Parksuites is at the right place at the right time. For those who recognize this, the upside

Place Yourself at the Center of Entertainment and Tourism

Aside from being touted as the grandest tourism development to date, PAGCOR’s Entertainment City Manila is expected to be a game changer for the Philippines. It has been said to play a vital role in altering the reputation of Metro Manila in the global arena. Four locators were awarded the franchise to operate gaming and resort facilities in the 110-hectare complex. The first one to open to the public is Solaire Resort and Casino which will officially begin operations on the 16th of March this year. It is a $1.2 billion project spanning 9 hectares of land. Other locators which will soon rise are: Resorts World Bayshore, a $1.1 billion project complete with a theme park and casino on 31 hectares of land; Manila Bay Resorts, a $2 billion project on 45 hectares of land that will have an impressive in-door man-made beach enclosed in a glass dome; and Belle Grand Manila Bay, a $1 billion project on 6.2 hectares. An ambitious project that aims to rival the casino and entertainment scenes in Las Vegas and Macau, Entertainment City Manila will most certainly earn the reputation of being the center of entertainment and tourism in the country. To be sure, owning a home near this phenomenal complex is a dream for most. Having hundreds of dining and shopping

options and world class entertainment facilities within walking distance from your home is perhaps something that some people would call “living the dream.” The impressive edifice of Anchor Land’s Monarch Parksuites is strategically located in between Entertainment City Manila and the SM Mall of Asia complex. It benefits from one of the best locations in the locale that is right smack in the middle of everything with a perfect location that’s not too far and not too near the lights and sounds of the exciting developments around it. It also has a view of the glimmering waters of Manila Bay and its fabled sunset, the spectacular skylines of Manila and Makati, and on special nights, the splendid fireworks from SM Mall of Asia. Moreover, it would be an incredible experience to look out your window and see a feast of colors and lights from Resorts World Bayshore’s sprawling theme park or PAGCOR’S Tower which will be the second tallest building in the world. Fancy a short walk and you can already sip a glass of iced tea inside the magnificent indoor beach of Manila Bay Resorts. And if you’re in the mood for a gastronomic adventure, hundreds of restaurants featuring all of the world’s mouthwatering cuisines are just within walking distance from your home.

Monarch Parksuites:

The best bet for a great investment

When buying a property, people nowadays want more than a roof over their heads. Aside from having a beautiful place to call home, Filipinos are becoming more practical and prefer a place that will not only provide a pleasing place to live in, but a property that suits a fast paced lifestyle and can potentially be a rewarding investment. Beyond pleasing aesthetics of Dutch-inspired architecture and well planned amenities, Monarch Parksuites of luxury property developer Anchor Land Holdings, Inc. is a person’s best bet for a great investment. Sitting in the middle of the country’s newest tourism and entertainment capital, the development promises good returns and puts the residents at the heart of a booming commercial district. Situated right at the center of the Bay City, Monarch Parksuites allows its residents to be within mere walking distance to the towering establishments of PAGCOR Entertainment City and the SM Mall of Asia Complex. The PAGCOR Entertainment City is expected to play a vital role in redefining the reputation of Metro Manila in the global arena, making the Philippines a premiere tourism destination this part of the world. Along with hundreds of restaurants, landmark shops, and designer stores, four world-class integrated hotelcasino and resort complexes will rise in the district. 22

The first to open to the public was Solaire Resort and Casino which officially began operations in March 2013. It is the $1.2 billion flagship endeavor of Bloomberry Resorts and Hotels, Inc., headed by maritime port magnate Enrique Razon, Jr. Tapping the world-class brand of City of Dreams in Macau, City of Dreams Manila, a $1.3 billion project by Melco Crown Resort Corporation and Henry Sy’s Belle Corporation, is scheduled to open in 2014. Scheduled to open in 2015 is Manila Bay Resorts, a $2 billion project by Tiger Resort, Leisure and Entertainment, Inc. Resorts World Bayshore by Travellers International is a partnership between Andrew Tan’s Alliance Global group, Inc. and Genting Hong Kong, Ltd. This $1.1 billion project will rise on a lot area covering 31 hectares and will be launched in 2016, the last to open among the four licensees. Indeed, the Entertainment City is the country’s most ambitious tourism project and will soon be the Philippines’ strongest commercial district. Around 250,000 people will be working within the area in the next five years, and about 10% of that number will be foreign nationals.

Canyon de Boracay

Canyon de Boracay It does feel like a tropical summer all year at Canyon de Boracay. The resort’s feel is unmistakably Asian, with tall trees, cool breeze, and Oriental designs setting the tone of what promises to be an unforgettable island vacation. Canyon de Boracay is situated in Station 2, and gives guests the advantage of being close enough to the island’s most happening bars, clubs, restaurants, and shops—but not too close as to lose one’s privacy and peace. Canyon de Boracay boasts of 31 spacious guest rooms, classified into Deluxe, Courtyard, and Villa Suites. The suites are something else: they feel like actual house, complete with kitchen appliances. Guests can decide to cook their own food inside the comfort of their own room. Then again, why not enjoy Canyon de Boracay in all its full glory? Nothing and nowhere else spells treat better than the in-house restaurant Traviesa. If the international menu reads like familiar fare, wait until the food arrives. They come in big portions, good for sharing among friends and family. Try the comforting carbonara or the crunchy chicken lollipops. Better yet, check the sumptuous breakfast buffet. There is a swimming pool for those who prefer to stay indoors. Massage services are also available upon request. Choose from shiatsu, Swedish, reflexology, or deep tissue massages to complete a relaxing experience. And what’s Boracay without island activities? Canyon de Boracay’s friendly and efficient staff will gladly assist in organizing island-hopping, fishing, sailing, or even biking activities for the up-and-about guest. It is reassuring indeed to know that the resort staff does go the extra mile for their guests. They will call public transport if need be, or even offer to give directions. All in all, Canyon de Boracay provides a comfortable, unforgettable stay with its excellent services and amenities. 24

Station 2, Tourist Road, Manggayad, Manoc-Manoc Boracay, Aklan 881 8433 • (+6336) 288 5875 (+6336) 288 5893 resortmanager@canyondeboracay.ph www.canyondeboracay.ph canyon de boracay 25

Canyon Cove Hotel & Spa / Canyon Woods Resort Club

pool is enormous and eye-catching, with snack bars conveniently located around it—doubtless a vision of resort realness. Do consider spending a weekend here and luxuriating in the clean and classy superior, deluxe, and suite rooms. The superior room is a standard room with king or twin beds plus day bed. The deluxe room includes a king bed, family room, and dinette, while the suite room features one bedroom unit with king or twin beds plus day bed, a family room, and a dinette. Canyon Cove also has a function hall that is best for business conventions, seminars, weddings, anniversaries, debuts, or any other celebration. With its well-thought out amenities, Canyon Cove is only eager to please and serve tired city guests, and ultimately give them a getaway they will not easily forget.

Canyon Cove Hotel & Spa / Canyon Woods Resort Club For people looking to enjoy a vacation like no other are well advised to go the Canyon route. Highly recommended are two properties bearing the same name, Canyon, but offering different and exciting locations. Canyon Woods is a dream: think of pine trees, peaceful environs, cool weather, and log cabins. Try visiting the site in Laurel, Batangas (yes, the resort provides a breathtaking view of the Taal Lake and Volcano) and experiencing the aforementioned as all too real earthly delights. Canyon Woods features The Peak, a condotel in two towers for guests who want to enjoy a quiet holiday. The Peak has 167 units divided into studio, junior, one-bedroom, and penthouse suites. There is even an outdoor infinity swimming pool for that is great for friends and families. For those in business mode, Canyon Woods has function rooms for conferences, seminars, and group activities. There is a fitness gym, tennis court, golf course, fun center, spa, basketball court, and a chapel within the premises. Canyon Woods is truly that unique space for honest-to-goodness downtime. Then again, why stop there? Canyon Cove in Nasugbu, Batangas awaits. The resort is a beachfront property boasting of a cove all to itself (and its guests, of course), thereby giving guests a sense of privacy and utmost enjoyment. The beachfront swimming 26

Far East Road, Piloto Wawa Nasugbu, Batangas Diokno Highway, Brgy San Dionisio, Laurel , Batangas 908 1111 • 840 2290 • 521 7878 817 5473 • 908 1111 local 835 (0905) 310 3964 • (0915) 853 7444 canyoncoveres@gmail.com • reservationsmanager@g2globaline.com www.canyoncove.com.ph • www.canyonwoods.com canyon hotels

cove-resort / woods-resort 27

Field Residences

Field Residences Field Residences has been developed with generous open spaces complemented with a vast offering of amenities for families to enjoy. Field Residences, brings in both value and a high standard of living with its themed gardens, a large selection of sports facilities, and its own clubhouse among its many features. Families also enjoy the conveniences of living next to SM City Sucat. And because it is in Paranaque, the airport is in close vicinity. With the elements of convenience and space composing a well- balanced lifestyle, experience an urban sanctuary at Field Residences.

SM Mall

Unit Size: Approx: 24 sqm to 82 sqm Unit Price: Approx Php 1.8M to Php 5M

Airport Terminal University / School

Dr. A. Santos Avenue, Barangay San Dionisio, Paranaque City (+632) 857 0100 local 1947 gayle.calixterio@smdevelopment.com www.smdc.com TheOfficialSMDC 28

Golden Empire Tower

Golden Empire Tower is nothing short of extraordinary. It comes with luxurious recreational facilities for its residents. On their spare time, residents can relax in the swimming pool or take a dip at the outdoor Jacuzzi. Other leisure facilities that residents can enjoy are a main function area with an outdoor terrace and its own bar and pantry, a card room, a playroom for children, fitness gym, and house sauna. For an exclusive preview of Golden Empire Tower, please call 717-8880 and 0917-7178880 or visit www.moldexrealty. ph. Golden Empire Tower is ready for occupancy.

Golden Empire Tower Most people view retirement as a routine and lifeless existence, overlooking the fact that it can actually be the start of something new. Depending on how one decides to view each day, to retire means to relax, have fun, and enjoy having more control over oneâ&#x20AC;&#x2122;s daily activities. Retirees are actually blessed with the freedom to decide how they wish to live their lives. They can do whatever they please â&#x20AC;&#x201D; stay home, visit friends, and check out the nearby shops, the list can be endless. For those who always wanted to live in style, like waking up to a magnificent view of Manila Bay, a unit at the Golden Empire Tower can turn that lifelong dream into a reality. Golden Empire Tower is a 57-storey residential condominium in Roxas Boulevard. Golden Empire Tower offers a premier range of three-bedroom and four-bedroom suites, each of which includes a floor area of 187 to 341 sq.m, as well as a set of hotel-type features and amenities fit for privileged bayside living. Each unit boasts of floor to ceiling windows allowing natural light and ventilation to flow freely within the suites. Windows also have built sun shades in case the heat becomes too strong in the afternoon. 30

Golden Empire Tower Showroom & Business Center: G3 Golden Empire Tower 1322 Roxas Bouleverd corner Padre Faura Street, Manila, Philippines (02) 717 8880 (+63917) 717 8880 Main Office: Moldex Realty Incorporated Moldex building, Ligaya Street corner West Avenue, Quezon City, Philippines inquiry@moldexrealty.ph www.moldexrealty.ph Hotline US: (+1) 323 215 1224 Hotline UK: (+44) 115 718 0297 Hotline AU: (+61) 730 53 8965 Hotline HK: (+852) 580 85612 /MoldexRealty.Official

/MoldexRealty 31

Grand Riviera Suites

imbibe the arts in the city, by checking out the shows and exhibits at the Philippines hub of culture and arts — the CCP Complex. Weekend shopping is doubly exciting because Grand Riviera Suites is near Robinson’s Place Manila, SM Manila, and Mall of Asia. It is also a few minutes away from the country’s top educational institutions like University of the Philippines - Manila, St. Paul University in Manila, De La Salle University – Manila, and St. Scholastica’s College - Manila, Mapua Institute, Colegio de San Juan Letran and the Philippine Women’s University It’s also near the Philippine General Hospital, Manila Doctors and Medical Center Manila. Grand Riviera Suites is a project of Moldex Realty. With over 30 successful residential developments, Moldex Realty delivers both signature style and value for money.

Grand Riviera Suites Success is all about living in style, having that incredible passion to achieve one’s goal. And after a busy day, there is instant gratification as one walks into an elegant abode, marked by the majestic view of Manila bay. The glamorous life includes looking forward to the beautiful sunrise every day, while basking in the comforts of a well-designed yet comfortable home. And even if a busy schedule awaits at the workplace, there is no need to hurry, especially if one resides at Grand Riviera Suites.

Grand Riviera Showroom & Business Center: G3 Golden Empire Tower 1322 Roxas Bouleverd corner Padre Faura Street, Manila, Philippines

A project of Moldex Realty, Grand Riviera Suites at Roxas Boulevard is the perfect dwelling for those who appreciate the highenergy city vibe. The strategic location is an advantage if one enjoys being in the center of action. Right smack at the corner of Padre Faura and Roxas Blvd., the 55-storey tower is near malls, restaurants, and other leisure establishments.

(02) 717 8880

Owners can look forward to spending quality time with their loved ones while living amid the busy metropolis. Grand Riviera Suites combines contemporary design elements with functional living spaces. Residents can also have fun at the swimming pool, Zen Garden, recreation room, children’s playroom and other lifestyle amenities exclusive to unit owners.

inquiry@moldexrealty.ph

Looking for an exciting evening activity? A few drinks with friends at the nearest bar can cap a busy day. On weekends families can 32

(+63917) 717 8880 Main Office: Moldex Realty Incorporated Moldex building, Ligaya Street corner West Avenue, Quezon City, Philippines www.moldexrealty.ph Hotline US: (+1) 323 215 1224 Hotline UK: (+44) 115 718 0297 Hotline AU: (+61) 730 53 8965 Hotline HK: (+852) 580 85612 /MoldexRealty.Official

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Jazz Residences

Jazz Residences Jazz Residences is a 4-tower “vertical village” at the heart of Bel-air Makati that boasts of five-star amenities. It also has its own mall- the Jazz Mall, complete with commercial and food establishments, and an SM Hypermarket that can provide all the conveniences at your doorstep. This vertical village also transports you to Reposo’s artistic hub- a quaint and laid-back neighborhood with an array of unique restaurants, designs and curio shops. Cultural activities and festivities are some of the highlights that abound in this artistic side of Makati. Unit Size: Approx: 16.25 sqm to 52.10 sqm Unit Price: Approx Php 1.8M to 5.5M

SM Mall Airport Terminal Establishment

Metropolitan Ave. corner Nicanor Garcia Street, Bel-air, Makati City

University / School

(+632) 857 0100 local 1947 gayle.calixterio@smdevelopment.com www.smdc.com TheOfficialSMDC 34

Monarch Parksuites

Balmoral Place. Each tower is filled with spacious units that feature spectacular views of the surrounding areas: the majestic sunsets of Manila Bay, the intricacies of the Makati skyline, the exciting hustle and bustle of the Mall of Asia and the grand events that happen in PAGCOR Entertainment City, Bay City Philippines. At Monarch Parksuites, you are always at the center of oomph and excitement.

Monarch Parksuites At the center of Bay City Philippines lies Monarch Parksuites, the premiere luxury condominium located right in the middle of the country’s future hub of shopping, gaming and world-class entertainment. This prime location boasts an atmosphere of royalty enjoy your very own luxury amenities such as exclusive gourmet dining rooms, 2 Olympic sized swimming pools and your own movie theater. Enjoy the privileges of being one of Manila’s elite. Surround yourself with world-class casinos, 5-star hotel resorts and the best restaurants in town. Monarch Parksuites is your kingdom in the heart of Bay City. Monarch Parksuites was designed to be a modern rendition of Europe’s famous century-old castles. The building’s classic Dutch Baroque architecture is highlighted against the glimmering waters of the bay, creating a breathtaking vision as one approaches the property. The exquisite architecture creates an atmosphere of opulence that is fit for men and women of noble birth. With its elegantly designed facade, wide zopen spaces in between towers, sprawling lawns, charming fountains, and landscaped gardens, Monarch Parksuites truly is a modern-day palace. Monarch Parksuites is an 17-storey residential luxury condominium that stands on a huge lot area of 18,000+ square meters. It is composed of four grand towers named after real castles in England: Windsor Suites, Windsor Place, Balmoral Suites, and 36

Airport - 3 KM Philippine Entertainment City - walking distance Mall of Asia - 1KM Makati CBD - 6KM MRT - 4KM

Bradco Avenue corner Diokno Boulevard, Aseana Business Park, Paranaque City (02) 988 79 88 ; (+63917) 5804053 • (+63922) 8993995 www.monarchparksuites.com.ph

Moldex Residences Baguio

And, because Baguio is known for its beautiful greens, Moldex Residences Baguio included wellness parks and garden attractions into the posh community. The Rose Garden is a green thumbs haven, carrying various types of rose species. It will have a lawn with a paved pathway and park benches for leisurely reading sessions, while enjoying the cool air. Those who wish to enjoy the scenery without leaving their homes can relax at the Garden of 5 Senses. It will have nature trails, topiary garden, dog park, playground, and a quiet area for yoga sessions. Baguio’s colorful blossoms can all be found at the Flower Garden. This recreational area includes a giant board game and a fire pit that’s perfect for lounging or for outdoor celebrations. Those in search of a wellness sanctuary can visit the Botanical Garden. It is the perfect place for jogging and trekking with its nature trails and playground. Gourmet cooks who want the freshest herbs are most welcome at the Herb Garden. With its medicinal and culinary herbs, families will certainly have fun picking herbs during the day, and holding bonfire gatherings at night. Moldex Residences Baguio offers a unique lifestyle that combines the best amenities while enjoying the city’s natural wonders. Homeowners can choose from the stylish one-bedroom, two-bedroom units available. For inquiries on Moldex Residences Baguio, please call 717-8880 and 0917-7178880. Moldex Residences Baguio’s Show Room & Business Center is located at the LG/F SM City Baguio, Upper Session Road cor. Governor Pack Road, Baguio City.

Moldex Residences Baguio The refreshing weather and the scenic views of Baguio city easily make it a top retirement destination. Individuals who look forward to the cool mountain breeze, when they wake up in the morning will definitely enjoy spending each day at the famous summer capital of the Philippines. Also known as the “City of Pines” the mountain province is approximately 1,500 meters above sea level. Located in Northern Luzon, it is about 250 kilometers from Manila. Locals like spending the holidays in Baguio. In fact, those who plan to retire in the cool city can expect frequent visits from their friends from nearby cities. And, should there be a need to go to Manila for business or pleasure, travel time is approximately 5 hours via SCTEX and TPLEX. Baguio is also the starting point to other Northern Luzon attractions. The pine city travelers can proceed to the famous Banaue Rice Terraces and Sagada Mountain Province. Session Road is Baguio’s bustling district. Lined with retail stores and restaurants, it is a short walk from SM City Baguio. Other popular attractions include Burnham Park, Mines View Park, Wright Park, The Mansion, Botanical Garden, Strawberry Farm, Lion’s Head Park, Lourdes Grotto, Camp John Hay, Baguio Catholic Cathedral, PMA (Philippine Military Academy), Bell Church, Baguio Cathedral, Tam-awan Village, Teacher’s Camp, Easter Weaving Room, Aguinaldo Museum, Crystal Cave, Good Shepherd Convent, and many more. Living in Baguio is like being on vacation every day. For those who are considering owning a property in the summer capital of the Philippines, Moldex Residences Baguio is set to launch nine buildings inspired by the scenic mountains of Europe. Whether buyers are looking to invest in a vacation house, or a permanent dwelling, Moldex Residences Baguio aims to recreate an exciting life in the Alps, with the cool mountain breeze and the picturesque hill top view. All of the nine buildings that will be built in Moldex Residences Baguio will be well-secured with its own entrance gate and 24 hours roving security. This mid-rise condominium development will also have its own commercial area with a coffee shop, water station, salon, and other establishments that can serve residents’ basic needs. For gatherings and celebrations Moldex Residences Baguio will have a multilevel Grand Clubhouse complete with function rooms for casual or formal gettogethers. It will have a lounge with a bar and fireplace, a recreation room, and a heated Jacuzzi for those who wish to stay warm while soaked in soothing water. 38

Moldex Residences Baguio Showroom & Business Center: Lower Ground Floor SM City Baguio, Upper Session Road, Baguio City, Philippines (02) 717 8880 • (074) 4420126 (+63917) 717 8880 Main Office: Moldex Realty Incorporated Moldex building, Ligaya Street corner West Avenue, Quezon City, Philippines inquiry@moldexrealty.ph www.moldexrealty.ph Hotline US: (+1) 323 215 1224 • Hotline UK: (+44) 115 718 0297 Hotline AU: (+61) 730 53 8965 • Hotline HK: (+852) 580 85612 /MoldexRealty.Official

/MoldexRealty 39

M Places South Triangle

M Place South Triangle M Place South Triangle is a high-rise four-tower mixed-use residential condominium featuring 28 floors, with unit sizes ranging from 16 to 40 square meters. M Place is built to cater to the young market who want a place of their own to complement their rising careers and start their path toward independent living. Having the needs of its clients in mind, the ground floor of M Place boasts of a commercial complex which features various retail and service shops. Being at the heart of South Triangle, M Place residents have the advantage of easy access to the most sought after dining places, bars & entertainment centers in Timog, as well as a host of Health & Wellness Centers in the Metro. Unit Size: Approx: 16 sqm to 40 sqm Unit Price Approx Php 1.23M to Php 5M

SM Mall Airport Terminal University / School

Panay Avenue, South Triangle, Quezon City (+632) 857 0100 local 1947 gayle.calixterio@smdevelopment.com www.smdc.com TheOfficialSMDC TheOfficialSMDC 40

Princeton Residences

Princeton Residences Inspired by boutique hotel interiors, Princeton Residences sits right beside the LRT 2 Gilmore Station. The location of the development allows it to be highly accessible by commute and easily navigated by car. This means Princeton Residences homeowners will easily reach noted establishments such as the Greenhills Shopping Center, the famed restaurants of Tomas Morato and the Ortigas Business Disctrict. Important Institutions are also nearby such as the St. Paul University, La Salle Greenhills, and St. Lukesâ&#x20AC;&#x2122;s Medical center. Moreover, fitness and recreational establishments can also be found within the area. Unit Size: Approx: 22 sqm to 50 sqm Unit Price: Approx Php 2.1M to Php 5.8M

SM Mall Airport Terminal University / School

New Manila, Quezon City (+632) 857 0100 local 1947 gayle.calixterio@smdevelopment.com www.smdc.com TheOfficialSMDC 42

The Capital Towers

business center, and function rooms. Children have their place in The Capital Towers with a playground and daycare center, both safe and secure environs. With Federal Land and Metrobank on the lead, one can breathe a sigh of relief knowing that The Capital Towers is built on solid ground, founded on trust and dependability, and the approval of residents.

The Capital Towers The Capital Towers is a new residential property to watch out for-and for very good reasons. For starters, the project is a joint venture of Federal Land and Metrobank, two of the most trusted and respected names in their respective industries. With the two companiesâ&#x20AC;&#x2122; reputation for high quality standards, it is no surprise that The Capital Towers realizes their commitment for excellence. The Capital Towers is situated at the heart of the cityâ&#x20AC;&#x2122;s commercial, educational, and entertainment hub, where everything is within reach. It is composed of three towers: Athens, Beijing, and Rio de Janeiro. Athens is a 38-storey building with 34 floors of residential condominiums. Beijing is a 36-storey structure with 28 floors of residential units. Rio de Janeiro boasts of 42 storeys with 538 residential condos. Each has its distinct feel and characteristic. That being said, The Capital Towers ensures that no one misses out on the action. Its proximity to shopping centers, academic institutions, hospitals, churches, banks, offices, and restaurants make it the most happening and convenient address. What makes The Capital Towers even more special is the living space. Its world-class architects have actually redefined space management: enough (and so much more) room to move, grow, and live in. This is practically making every inch of space matter for singles and families. The first-class amenities are just as exciting: sufficient parking spaces, port-cochere, jogging path, fitness gym, swimming pool, pocket and meditation gardens, 44

Hospital Waltermart Mall Quezon City Sports Club Greenhills Shopping Center

E. Rodriguez Sr. Avenue, Quezon City (0632) 723 4153 (0632) 856 3842 marketing@federalland.ph www.thecapitaltowers.com.ph The Capital Towers (Official) 45

Wind Residences Tagaytay

TO THE AIRPORT 1 HOUR AWAY

Wind Residences Tagaytay Wind Residences is a 15-hectare property located at the heart of Tagaytay City, a premiere destination for both foreign and local tourists. It offers breath-taking views of Taal Lake and the Metro Manila skyline. It is a residential and commercial development surrounded by green landscapes.

SM Mall Entertainment Center Airport Terminal

Wind Residences offers relaxing and fun-filled amenities in its own clubhouse such as a badminton court, tennis courts, swimming pool, and a basketball court. Just an hour drive from Manila, enjoy a Tagaytay weekend getaway at your very own dream home at Wind Residences. Unit Size: Approx: 20 sqm to 216 sqm Unit Price: Approx Php 2M to Php 28M

Along E. Aguinaldo Highway, Maharlika West, Tagaytay City (+632) 857 0100 local 1947 gayle.calixterio@smdevelopment.com www.smdc.com TheOfficialSMDC 46

“Filipinos are the most courteous and friendly people in the world. You can have a very good life with much less money than you might need to have in another country.” John Sinclair (Australian) SRRV member since 1989

“I always wanted to retire somewhere warm...it was a natural thing to come to the Philippines. Watch the sunshine, make friends. It’s a beautiful country to travel around.”

“To retire has been the best move we have ever made. We can live comfortably on our reduced income because the dollar goes so much further. We now have many good friends too, many of them are Filipinos.”

Michael Peter Walden (British) SRRV member since 2010

“One of the reasons my family and I choose to live in the Philippines is that the people are warm, kind and reliable. We are happy to make our home here among such people.” Samuel West Stewart (American) SRRV member since 2011

Robert Shead (British) SRRV No. M17280 52

“I really do not have any regrets about my decision to retire in the Philippines ... easy access to the resorts, islands and vacation destinations, as well as the very reasonable cost of living and the friendly treatment that I have been fortunate to receive is all of great benefit.”

“I enjoy living and working in the Philippines, the climate is good and the people are great! With the country globalizing and current developments in real estate, health care, and other infrastructure, Philippines is a great place for retirees from all over the world. Great value for money and a level of service and care unmatched anywhere in the world.”

Joris Jacobus Spanhoff (Dutch) SRRV No. M00412

There are options in applying for the SRRV designed to suit his/her lifestyle and needs. The basic features of the different SRRV Options are:

SRRV: THE PHILIPPINE RETIREMENT VISA SRRV is a non-immigrant multiple-entry, indefinite-stay visa. With the SRRV, the holders may stay in the Philippines for as long as they want without giving up their citizenship. Other benefits include: 1. Multiple Entry Privileges 2. Exemption from • Philippine Bureau of Immigration Annual Certificate of Registration (ACR) / I-Card, Alien Registration (AR), Emigration Clearance Certificate (ECC), Reentry Permit (RP), and Special Return Certificate (SRC). • Customs Duties and Tax for the importation of household goods and personal effects up to US$7,000.00; • Tax from pension and annuities; • Travel tax, if stay in the country is less than one year from the last entry date; • Student Visa/Special Study Permit for childrendependent; and 3. Access to Greet and Assist Program at from the international airports; 4. Free subscription of the PRN (PRA Newsletter); 5. Discount privileges from services offered by accredited PRA Merchant Partners; 6. Assistance in obtaining documents from other government agencies like: • Alien Employment Permit (AEP) from the Department of Labor and Employment (DOLE) in case of employment in the Philippines; • Driver’s License from the Land Transportation Office (LTO); • Tax Exemption/Extension Certificate from the Department of Finance (DoF) • Tax Identification Number (TIN) from the Bureau of Internal Revenue (BIR) for purposes of setting-up a business in the country; • Clearance from the National Bureau of Investigation (NBI). 56

1) SRRV SMILE – for active / healthy principal retirees 35 years old and above who would just like to maintain their Visa deposit of US$20,000.00 in any of the PRA designated banks; 2) SRRV CLASSIC – for active / healthy principal retirees who would opt to use their Visa deposit of US$10,000.00/US$20,000.00 (50 years old & above) or US$50,000.00 (35 to 49 years old) to purchase condominium units or use for long term lease of house and lot; 3) SRRV HUMAN TOUCH – for ailing principal retirees, 35 years old and above, who are shown to have medical/clinical needs and services. Under this option, the retiree only needs to have a Visa deposit of US$10,000.00, a monthly pension of at least US$1,500.00 and a Health Insurance Policy; and 4) SRRV COURTESY – for former Filipinos (35 years old & above), and foreign nationals (50 years old & above) who have served in the Philippines as diplomats, ambassadors, officers/staff of international organizations. The visa deposit is US$1,500.00. There are documents and fees that must be accomplished in applying for SRRV as a principal: a. Accomplished SRRV Application Form (downloadable at www.pra.gov.ph) – Information must be typed written and ensure that all information requested are answered; b. Medical Certificate (downloadable at www.pra. gov.ph) – may be secured from the country of origin. However, said document must be translated in English, if necessary, and authenticated by the Philippine Embassy/Consular Office nearest the place where the Certificate was secured from. Applicant may opt to secure the Certificate in the Philippines from any licensed physician/clinic/ hospital. If the certificate has been secured in the Philippines, there is no need for any authentication. A Medical certificate is only valid within 6 months from the date it was secured. PRA has an accredited clinic and we can assist you in securing said certificate; 57

c. Police Clearance – an Applicant need to secure this clearance from the country of origin. Said document must be translated in English, if necessary, and authenticated by the Philippine Embassy/Consular Office nearest the place where the Clearance was secured from; d. NBI Clearance – in addition to the Police Clearance, a NBI Clearance (Philippine Document) is needed when an applicant has stayed in the Philippines for more than 30 days prior to his application for the SRR Visa. PRA can accompany the applicant in securing this document; e. Bank Certification - A visa deposit must be remitted to PRA’s designated bank which is the Development Bank of the Philippines (DBP). The Bank will send PRA a notarized Bank Certification after the remittance has been received by the Bank. The amount of the Visa deposit depends on the SRRV Option that the applicant has chosen (Remittance instruction may be downloaded from the PRA Website). A principal applicant may include in his application his spouse, and children who are below 21 years old and unmarried, as his dependents. In cases that the Principal applicant will include more than two (2) dependents, an additional visa deposit of US$15,000.00 for each additional dependent must be remitted under the name of the Principal applicant; f. Original Passport with valid stay in the Philippines – in cases where the tourist visa expires while the SRRV is being processed, the applicant must have it extended. PRA may assist in the extension of the tourist visa; g. Photos – 2x2 (12 pieces); h. Application Fee of US$1,400.00 – this application fee or processing/service fee is a one-time payment only and this encompasses all other fees for the Bureau of Immigration and PRA in relation to the application for the SRR Visa. In case that an applicant discontinues his/her application, the Application Fee may be reimbursed but the amount of US$200.00 will be deducted as service fee. However, if in a case wherein the applicant discontinues while the documents are already with 58

the Bureau of Immigration, application fee is nonrefundable already. In cases where in the processing must be discontinued (needs to return to his country or for any other emergency reasons), the documents including the passport may be pulled out from the Bureau of Immigration. The applicant may proceed with his application later on but needs to pay an additional revalidation fee of Php5, 520.00 (Bureau of Immigration required fee); i. PRA Annual Fee (PAF) of US$360.00 – this fee is payable upon joining the program and every year thereafter as long as the retiree is a holder of the SRR Visa. A principal Applicant must pay US$100 for each additional dependent in excess of two (2); For SRRV dependent-applicants (spouse and children), they need to accomplish: a. Accomplished SRRV Application Form; b. Medical Certificate; c. Police Clearance (and NBI Clearance, if necessary) for Spouse, and for children who are 18 years old and above; d. Marriage Certificate for the spouse and Birth Certificate for the child; e. Original Passport with valid stay in the Philippines; f. Photos; g. Application Fee of US$300.00 for each joining dependent. All documents coming from outside of the Philippines must be translated into English, if necessary and authenticated by the Philippine Embassy/Consulate. j. Applicant must submit the above original documents and 2 sets of photocopied documents. After submission of complete documents and payment of fees in the Office, PRA can endorse the application to the Bureau of Immigration. PRA will only process SRRV applications received in the Philippines. The processing of the application usually takes 10 to 15 working days. Upon the issuance (sticker-stamp on the passport), PRA will request the presence of the retiree-applicant in the PRA Office to take welcome and take the Oath of Affirmation as a new retiree-member.

1. CANYON DE BORACAY 2. CANYON WOODS & CANYON COVE 3. FIELD RESIDENCES SM CITY SUCAT COMPLEX 4. GRAND REVIERA 5. JAZZ RESIDENCES BEL-AIR MAKATI 6. MONARCH PARKSUITES 7. MOLDEX RESIDENCES BAGIUO 8. M PLACE SOUTH TRIANGLE 9. PRINCETON RESIDENCES 10. THE CAPITAL TOWERS 11. THEGOLDEN EMPIRE 12. WIND RESIDENCES

LUZON

PHILIP PINES 6

VISAYAS

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MINDANAO