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Guest Post: You Can Live Well Here For Just $10/Day
From Tim Staermose of The Sovereign Man
You can live well here for just $10/day
I first started coming regularly to Daet, in the Bicol region of the Philippines, more than 13-years ago.
It’s a sleepy, quiet, relaxed place without the bustle of Quezon or Manila… perfect for people looking to live an easy, simple life. Despite the bucolic setting, though, the telecom infrastructure is pretty stellar.
At my wife’s hotel last week, I was able to utilize a mobile broadband connection, which cost me the equivalent of $0.25 an hour, to sit and do what I do every day no matter where I am in the world– monitor and trade the Australian stock and options markets.
I even sent out a trading alert to my 4th Pillar subscribers from here when another great opportunity to make some safe money in the Aussie market became available.
I should also mention that Daet is incredibly cheap.
Wages for unskilled workers are about $4.65 per DAY. If you buy food from the local markets or vendors and prepare it yourself, you can have quite a decent meal of fresh local fish, rice, and vegetables for less than $1 per person.
If you have a place to stay, even adding in a few luxuries (beer is about 50c a bottle, for example), you could live well here on $10 a day.
Down the road from my wife’s small hotel is a vacant beach lot for sale. It’s priced at about $35,000, and the owners have spent a considerable amount of money improving it with access ramps and other structures leading down to the water.
The land is already planted with some crops, and there are ponds suitable for fish farming. Of course, construction costs here are quite cheap by western standards, and you could build a nice three-bedroom home for around $60,000.
In total, that’s less than $100,000 for a spacious beachfront home in a quiet, clean, pristinely beautiful place where living costs will only run $10/day.
One thing to keep in mind is that this is largely a cash market; there has been no rampant bubble created by teaser loans and negative real interest rates. Hence, prices haven’t moved much.
I believe it was Milton Friedman who said, “Inflation is always and everywhere a monetary phenomenon.” From what I’ve observed around the world in property markets, I couldn’t agree more.
Property markets that are based on high leverage and cheap money are the quickest to rise and fall. Where property markets are based on cash transactions, though, prices tend to remain reasonable.
If you’re looking for great value, I’d put that among the key criteria in your search. Assuming you have cash, seek out places where the real estate market is largely cash-based. Daet is just one example of a cash market where there are some real bargains available– both in terms of property and living costs.
In the Philippines, the catch is that only Filipino citizens can buy land outright. A non-citizen may own only a 40% interest in real property. So if you were interested, you’d need a Filipino proxy, or a carefully structured corporate vehicle through which to purchase land here.
I’ll have much more to tell you about the Philippines, my adopted home country, in future letters… including how I don’t have to pay taxes!
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Hummmm
Global warming or not, world wide sea levels do seem to be rising. Let's just hope the land rises as well.
Tim is full of it when he says he "doesn't have to pay taxes".
Unless of course, he's not an American citizen. But as an American, you're on the hook no matter where you go.
(I live in Asia, and I still have to pay US taxes. ...I wish it weren't the case... But even if you give up your US citizenship -- YOU'RE STILL ON THE HOOK FOR 10 YEARS! Go figure that one out... )
Update: Why is this getting junked? It's completely true.
because you are not suppose to complain about these taxes. It's [un]American
Aside from the occasional beheading or kiddnapping of american tourists, im sure its lovely.
Anytime you read a post like this that doesn't clearly address the reality of the legal and political systems which govern said real estate, one should run, not walk, to the nearest exit.
Richard Maybury's "Whatever Happened to Justice?" is a easy to read guide for picking a nation with "good" legal/political frameworks. I would never consider any foreign entity that didn't score highly based on the criteria RM put forth.
Regards,
Cooter
"good" legal/political frameworks...as in...Norway?
That was obviously a foreign attack conducted by a local agent. You will find no place without crime.
Why obviously? Other than because it confirms your beliefs
obvious because - humans committ crimes, hence anywhere humans live there will be crimes.
no crimes = no humans
obviously
It would exatons of US propaganda to start paying back the US debt. How cheap. The obviously comes here and not elsewhere as you wish to make believe.
In the Phillipines... all porno is illegal... and they can put you in jail for trying to import dildos.
not going
It would exatons of US propaganda to start paying back the US debt. How cheap. The obviously comes here and not elsewhere as you wish to make believe.
It would exatons of US propaganda to start paying back the US debt. How cheap. The obviously comes here and not elsewhere as you wish to make believe.
Just find a sexy tight Asian wife. Make sure she is no more then 15 years younger then you or you will be in for a screwing.
Have you ever lived overseas and encountered your average american tourist? It's surprising more aren't kidnapped and beheaded. When you 'move' to a foreign land, you learn to blend in. It's a bit different.
Anybody over 5'6" that doesn't have black hair will never 'blend in' in an asian country.
At 6'6" with light brown hair it was like a circus wherever I went for the whole two years I was over there.
You can stay home, or just try to ignore it when you go out, but its always there.
I was single at the time, so it worked for me.
I get people staring at me all the time when I'm in China. Just get used to it. I've had people come up to me wanting to take pictures with me. Some of them even giving me their young kids to take a photo with. Blows my mind when it happens. I figure I could retire there and just be a paid prop for people wanting to get a photo with roundeye.
Same here. On a NYC cruise from SSSeaport (almost completely asian) the chinese all wanted to take pics with my school kids on a field trip. I didnt feel rude saying no.
Here is the reality of these live cheap in Philippines or Thailand or Panama or Ecuador articles that are all over the web for "RETIREMENT".
1) You have to jump through hoops to get a visa for anything past 90 days. This usually involved tying up money that you may or may not ever get returned. Or you marry a local. Or if you don't marry a local and are under 50 years old, You Can't Do It. Visa issues vary from country to country, but almost ALL articles like this have a guy talking from some special circumstance that he has that got him past the visa issue.
2) For some UNKNOWN reason, guys who present their cost of living budgets for these places leave out health care insurance. It certainly costs less there, but it's not zero and they leave it out. That $300 / month quote doesn't have health insurance in it. If he has a local wife, he may have access to the barebones, basic citizen's health plan, but it won't cover 15 zillion things he will need someday.
3) Crime? Beheadings? Philippines has them only down south. It's not everywhere. Don't dismiss this stuff because of crime.
4) You can't work. The visa you get will not let you work. If you ignore it and presume they'll never know, it's not a fine. It's jail. Rather a lot of talk is starting about even "working online" being prohibited, or if not prohibited, taxed locally. The US expat tax exemption of 90K or whatever it is, shields you from the US for EARNED income, but not from any local attempts to get money.
5) This all being said, the expat approach can work for many. It's cheaper, if you can qualify. But it's not free.
Wait a minute Crash'
Are you telling me that I can't simply slip across the border there, secretly get a job and automatically get free healthcare, food subsidies, free education, scholarships for advanced education, social security? You mean they would jail me and kick me out if they caught me? Oh, the nerve! They must be racists!!! (sarc' off)
I see what you did thar!
Bravo!
The visa game in the Philippines is not difficult.
endlessly amusing when guys suggest marrying a "local" (often "Asian") woman to gain access to "cheap living" - when those same guys will piss 'n' moan about gold-digger women who "only marry them for their riches."
I'm married to a local from China who is the exact opposite as you describe. Not everyone has that experience.
oh, I agree malikai - I have friends who are married to Asian women, quite happily so - my post was merely pointing to an oft-made statement on these threads about women marrying solely to extract the poster's wealth, it was not directed to anyone who actually marries for reasons other than a means to an end.
Crashisoptimistic
he doesn't have a car either, the car alone would cost 300$ a month
workwise he trades, most likely in OZ so by doing this no prob for the visa
in some countries it doesn't need a big investment if you start a business
buy a cafe and you're in
Good post Crash. It seems you are talking about Thailand regarding visa issues, as I know it's very difficult even if you are married to a local--you can not get residency permit. But are you familiar with Philippines?
Visa requirements and/or rates seem to change almost yearly in the Philippines. Special retirement reidency visas require proof of retirement income and a dollar investment ($10,000 or more depending on age and income stream). My understanding is that the application will cost $1,000+ counting the red tape; background check, physical, bribes...
A tourist visa can be renewed every two months with total costs that will run abour $500 a year. Current limit on routine tourist visa renewals is 12 months and then a couple more times with some added red tape. Then you have to leave the country before you can restart the process. Costs for tourist visas has doubled in the last 2 years. (Warning: I am no expert on this and do not try to keep up with the changes or specifics. I let a travel agency manage my visa renewals and let them inform me of any rule or rate changes. I verify those with other expats.)
Agree on the Crash compliment. Good post. Even in backwoods Bicol $10 a day not counting lodging would mean your life was pretty much food, drink, flip flops and internet. Housing there I'm sure is incredibly cheap ($100 a month for a decent western world style place?) but electricity if running air con even just at night to sleep will probably run close to another $100. And periods without electricity will be a common occurance (without a generator). Broadband is expensive too. I pay $45 a month for speeds that are embarrassing to descibe as broadband.
Crash - Also right on the medical and fishface on the car. However, most Filipinos don't have cars so there are cheap transportation options. Unless one does extensive local travel or regular long distance local travel a car really isn't necessary. I've lived in the Philippines for 5 years without transporatation and only on rare occasion do I have a situation where I wished I had a car. Low end medical care is very cheap. I buy a million dollar medical insurance policy that runs me about $1,000 a year. Australians and most Europeans have a big advantage over US citizens as they can head home for none emergency health care. Still, good emergency medical care can run into some serious money in the Philippines. And lots of places will just leave you on the table to bleed out or whatever if you can't pay.
I doubt I could live out in the provinces somewhere without going bonkers but for someone who can do that the Philippines can be very inexpensive. I like to eat out, go out with friends and have a good time, go to the movies, replace my worn out clothing... I spend about $1,000 a month (actually more but I left out the blood sucking of my girlfriend's family).
Yeah... Because Amerika doesnt know anything of kidnapping or murder...
I live in Michigan but I do have a house in Mexico. I hear you … I can get buy pretty cheap, about a $100 week if I really wanted to. No property taxes (very little) No air conditioning needed, no heat needed, no insulation in the construction, no insulated glass, no insulated doors. Everything is available local. Don’t need a car – I can go to the “big city” for 90 cents. Everyone is poor but you know what – they’re HAPPY. Wish I had the guts to just go for it. I could still work there for a US company ………. But that is another story, one day maybe.
Labor is cheap, I had a crew of 4-5 guys working (not hard mind you) for about $450 -$500 a week. Paid for the house as you go down there, I have no mortgage. Acapulco is 6 hours away and Veracruz is about 5 hours the other way.
Yeah, yeah all the stories you hear about the violence are exaggerated and only at the border towns – well I haven’t seen anything (knock on wood).
To Blotsky:
Is that your name? Well it is my name too and people know I come here to ZH. Gives me the creeps that you are using my name and I don't like it. Is it possible that you could change it? It would be greatly appreciated, thanks in advance. TaintBoil at G mail dot com.
Check out the murder rates of El Paso and Ciudad Juarez, right across the border from each other.
I would think that if enough people simply stopped paying taxes, we might witness change we can believe in. I wonder how many here at ZH opted out of that annual, fear motivated tradition and I wonder how many monkeys it would take for the wheels to stop turning. I bailed out years ago with no ill effects. Couldn't imagine giving my hard earned dollars to a corrupt system. Seemed logical and rational at the time.
So, how are you finding federal prison time?
Remember what the dormouse said. Keep your head!
That was in western Mindanao in 2009.
And they are still dead?
So much for transitory Islamic militants.
I've been to Mindanao twice and I am still alive. I know several other people that weren't murdered too. And if I am correct the people killed in that post were all Filipinos and it was over local politics.
Many fun times:
http://channel.nationalgeographic.com/channel/videos/feeds/cv-seo/Full-Episodes/Locked-Up-Abroad/Locked-Up-Abroad-Philippines-1.html
http://channel.nationalgeographic.com/series/locked-up-abroad/5749/Overview
http://channel.nationalgeographic.com/series/locked-up-abroad/4382/Overview
Be afraid and stay home.
I hope to retire to a cave with a nice pure underground aquifier and a little shack on the surface. Low low taxes and year round air condtioning. sometimes it is best to shelter in place, the devil you know and all that.
Why go looking for trouble half a world a way when i can certainly let it find me without having to lift a finger?
You want to see sheer tyranny from law enforecement look no further:
(FALSE WARRANT) Columbia Mo SWAT Raid 2/11/2010. Cops Shoot Pets With Children Present
http://www.youtube.com/watch?v=RbwSwvUaRqc
Tucson SWAT Shot U.S. Marine Over 60 Times in Front of Family (20 SECONDS AFTER THEY KNOCK ON THE DOOR)
http://www.youtube.com/watch?v=UkOXjOCkQfM
SWAT team shoots dead a man who confronted them with a golf club
http://www.youtube.com/watch?v=WV6Bq8xeQrU
I could post dozens of videos like this but it makes me feel sick to the stomach to see people murdered in their own homes, I will post a map that shows the prevalence of these botched SWAT raids though, thousands per years:
http://www.cato.org/raidmap/
Let us also remember there is 2,245,000 prisoners in the USA, even as far back as 1999 1,000,000 of these were non violent 'offenders'.
http://www.reuters.com/article/2007/06/27/us-usa-crime-prisoners-idUSN26...
http://www.hawaii.edu/hivandaids/America_s_One_Million_Nonviolent_Prison...
If you're worried about being locked up in poor conditions have no fear in the Philippines, hell you can probably bribe your way out of even serious crime there. Living in the USA is where you've gotta have fear.
I think they did away with the 10 year wait, try to reasearch this again, ofc you'll wait a good few years for all the paperwork anyway
bbbut it sounds so unbelievable
If you work for an American company, I suppose they take deductions from your paycheck. Otherwise, why do you pay? How is this enforced? Are they threatening to take away your birthday or something? Do they hold your firstborn hostage? Are they going to throw your aged parents in the gulag?
They send you a bill. If you don't pay, it's reflected in your credit rating. If you have any assets left in the US they take them. They might hassle you if you change planes in the US. I doubt they collect 100 cents on the dollar on these debts.
It actually depends on where and how you work.
If you do business internationally, or with US companies -- as most expats still do, btw despite living abroad -- the companies you invoice will declare their payments to you to the IRS. Then, you're on the hook.
Likewise, many countries share tax information now. The days of anonymity while living abroad are drawing to an end.
And -- All US citizens have to file every year. If you don't, you're inviting an audit.
And of course -- that carries with it the threats of fines and imprisonment.
So... no they don't take your first born son. But they do take a pound of flesh.
Well.. there's the threat of imprisonment.
I don't agree with you on the fact that you have to pay taxes , because taxes are volentery , I live in Amerika and i pay no taxes ,property, federal, state etc all you have to do is challenge them and be a Sovereign , not a 14 amendment or federal citizen
Here's a fun way to do it.. for example... China.
Marry a local, have clients wire directly to her account if you want... even better yet setup a local company in, say, Hong Kong (also not in your name). Money comes in (probably not taxable where you live) and not in your name as far as the IRS knows, HK doesnt tax it, and China doesn't tax it either. IRS doesnt know shit unless you are dumb enough to tell them about your proxy account. Pass just enough through the us to avoid any questions. Another fun fact is that non-resident aliens do not have to pay taxes on us markets as long as they provide a wben-8. At least over here in China, there are no capital gains taxes for individuals, period.
The IRS knows about around 40k a year of my stuff and personal income taxes here are really not all that bad. I'm married, house, wife, nice car... nothing all that crazy. Some local investments which cover all monthly living expenses which means 100% of everything I earn goes into the bank. No property taxes or other bullshit either. As far as China cares, what I am doing is 100% legal, and as that is where I live that's all that matters. Enjoy your depression i guess... the smart ones jumped ship years ago.
Hear Hear.
Hey Laomei?Hows it going. I agree 100%! Why people worry so much about the big, bad feds, is beyond me. AND, I 2nd the "enjoy your depression" bit too, but throw in FUCKTARDS to boot. Have a nice day.
PS. ur not in CQ are you? Sorry I couldnt get u a QQ. I'll dig one up soon.
For Popo.
If you are 330 days outside the US and your income is derived from working overseas, the first $85K are deductible. Unless you have investments in the US, you would have to pay little or nothing. Also the IRS and the Homeland security do not criss cross the in and out of country dates. hint!
Trading co's do not report gains on US citizens with foreign address. You could be living in Kalamazoo and be controling companies and accounts in other countries and have several foreign addresses with forwarding mail to a box in OshKosh
There are 1000 way to not have to pay taxes. If you pay enough taxes you will figure how.
I am just saying. But for the good of Obama and the country, you should pay your fare share.
Why do you pay them? No country other than USA demands non resident citizens and <10 years non citizens pay taxes on foreign derived income, hence no country will extradite you for not paying the IRS.
In that case how are they going to make you pay?
It's funny, you yanks cite your 2nd amendment and think you're so safe from oppresion but even when you're an ocean away from the long arm of the law you're still too afraid to stand up against unjust laws or against looters.
After reading your pathetic ode to and acceptance of serfdom I feel this is a fitting quote to post, courtesy of our very own (member) wanklord:
Too close to Fukushima for my tastes.
2500 miles?
Yes. Too close.
PI is close to the southern hemisphere. Unlikely the radiation gets down there. Besides, the jet stream is bringing it all to the U.S. and Canada.
duped
cole,
it's a global event
those lines you see on the climate maps of wind and current are tendencies
its a global party we are having
Actually the cloud made a complete loop of the Pacific ocean within the first month.
Being a superpower, we get first dips on all radiation and debt.
Winds blow in the opposite direction. The US has more to worry
At least don't eat the seafood. Fuku is still dumping radioactivity into the ocean, and will for some time.
http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2011/07/24/bloomberg137...
wages are under $5 a day
but you can live with $10 a day
party like it's 1999, twice above your means
That's for unskilled labor. Presumably you are skilled enough to exploit all that local unskilled labor and thus make at least $10 a day doing so.
doesn't take much skill to exploit the locals:
step one: start lending business
step two: start selling *insert any western trendy flashy skanky brand*
step three: take land (which was signed on as collateral for the loans in step one)
hmm....someone beat me to that plan in greece
Or step one: open a bank.
Of course 'skilled labor' there is a good coconut tree climber with a machette gripped in your teeth.
A little too physcial for my taste.
However, I can lend him his own coconuts at interest. Fractional Reserve coconuts. Yeah, now that's the ticket.
given the many healthy benefits the coconut offers in its simple package, and the agility exhibited by the climbers, it's easy to see why such skills as reading financial charts & clicking computer screens are not as valued in their world.
That has to be wrong.
Even back in the 80s, a really cute hooker cost $8/night.
True story: When I got back I claimed the $20 it cost me to bribe an immigration official and the Navy paid it without comment.
Wages are $5 a day?
So Phillipinos can dig one ounce of silver out of the ground per day?
Count me in.
Yeah... it is true. Not that it matters now. We've passed the tipping point.
As in the island will tip over like Guam? Or as in there's no place to put the water because it's all water?
http://washingtonscene.thehill.com/in-the-know/36-news/3169-rep-hank-johnson-guam-could-tip-over-and-capsize
Follow me to dry land.
http://en.wikipedia.org/wiki/Waterworld
It really is beautiful, and it has some of the best water to dive in in the entire world.
There are a million worse places to live than the P.I.
Actually one of my email regulars lives in PI and has been regaling me with stories of the beauty and the cheap.
Hank Johnson ??????????? what a moron! Watched the video at 1:20 I am lost for words .................................
The trick is to learn another language. Every place that is cheap to retire doesn't speak English.
You can get along just speaking english in the Philippines.
Most speak some English and some speak it very well in PI. Their road signs are in English. Lots of noisy chickens and limited privacy though.
that's a rather profound observation, should you chose to ponder it.
Yes, they have for over 50,000 years.
If sea levels are rising but short on water for crops and personal use, I have a few ideas to put to use along with desalination systems. What is wrong with this society? have we all gone bonkers? Can't we SEE THE OBVIOUS ANYMORE?
"If sea levels are rising but short on water for crops and personal use. I have a few ideas to put to use along with desalination systems"
and i have some ideas on how to help plants & trees gradually adapt to an increased salt content in the water.
1 + 1 = 3 together we could grow some turbomangoes on the beach. see how easy that is?
I don't disagree, but there is nothing supporting any pessimistic thesis about sea level rising.
Acceleration in sea level rise?
"Abstract :
Without sea-level acceleration, the 20th-century sea-level trend of 1.7 mm/y would produce a rise of only approximately 0.15 m from 2010 to 2100; therefore, sea-level acceleration is a critical component of projected sea-level rise. To determine this acceleration, we analyze monthly-averaged records for 57 U.S. tide gauges in the Permanent Service for Mean Sea Level (PSMSL) data base that have lengths of 60–156 years. Least-squares quadratic analysis of each of the 57 records are performed to quantify accelerations, and 25 gauge records having data spanning from 1930 to 2010 are analyzed. In both cases we obtain small average sea-level decelerations. To compare these results with worldwide data, we extend the analysis of Douglas (1992) by an additional 25 years and analyze revised data of Church and White (2006) from 1930 to 2007 and also obtain small sea-level decelerations similar to those we obtain from U.S. gauge records.
Conclusion:
Our analyses do not indicate acceleration in sea level in U.S. tide gauge records during the 20th century. Instead, for each time period we consider, the records show small decelerations that are consistent with a number of earlier studies of worldwide-gauge records. The decelerations that we obtain are opposite in sign and one to two orders of magnitude less than the +0.07 to +0.28 mm/y2 accelerations that are required to reach sea levels predicted for 2100 by Vermeer and Rahmstorf (2009), Jevrejeva, Moore, and Grinsted (2010), and Grinsted, Moore, and Jevrejeva (2010). Bindoff et al. (2007) note an increase in worldwide temperature from 1906 to 2005 of 0.74C.
It is essential that investigations continue to address why this worldwide-temperature increase has not produced acceleration of global sea level over the past 100 years, and indeed why global sea level has possibly decelerated for at least the last 80 years."
Atolls submerged because of rise of sea-level?
"ABSTRACT : Low-lying atoll islands are widely perceived to erode in response to measured and future sea-level rise. Using historical aerial photography and satellite images this study presents the first quantitative analysis of physical changes in 27 atoll islands in the central Pacific over a 19 to 61 yr period. This period of analysis corresponds with instrumental records that show a rate of sea-level rise of 2.0 mm yr?1 in the Pacific. Results show that 86% of islands remained stable (43%) or increased in area (43%) over the timeframe of analysis. Largest decadal rates of increase in island area range between 0.1 to 5.6 ha. Only 14% of study islands exhibited a net reduction in island area. Despite small net changes in area, islands exhibited larger gross changes. This was expressed as changes in the planform configuration and position of islands on reef platforms. Modes of island change included: ocean shoreline displacement toward the lagoon; lagoon shoreline progradation; and, extension of the ends of elongate islands. Collectively these adjustments represent net lagoonward migration of islands in 65% of cases. Results contradict existing paradigms of island response and have significant implications for the consideration of island stability under ongoing sea-level rise in the central Pacific. First, islands are geomorphologically persistent features on atoll reef platforms and can increase in island area despite sea-level change. Second, islands are dynamic landforms that undergo a range of physical adjustments in responses to changing boundary conditions, of which sea level is just one factor. Third, erosion of island shorelines must be reconsidered in the context of physical adjustments of the entire island shoreline as erosion may be balanced by progradation on other sectors of shorelines. Results indicate that the style and magnitude of geomorphic change will vary between islands. Therefore, island nations must place a high priority on resolving the precise styles and rates of change that will occur over the next century and reconsider the implications for adaption."
Here's some food for tought: it's in french, but usually quotes english abstracts and you can usually find the sources. http://www.pensee-unique.fr/oceans.html
I.E. The dynamic response of reef islands to sea-level rise: Evidence from multi-decadal analysis of island change in the Central Pacific, Arthur P. Webb and Paul S. Kench, 2010 http://www.sciencedirect.com/science/article/pii/S0921818110001013
What is truly amazing about this article is the number of reads, almost 15,000! Are ZH readers interested in this subject or what? I have been a fly on the wall at ZH for years and this article got me to login. I have been married to a Filipina for 42 years and have made many trips to the RP. It is a great place - not without its negatives - but we have discussed heading that way; its just ... the kids and grandkids. Then there's the real estate to dispose of, etc,etc. Excuses and practicality/reality aside, I highly recommend the Philippines to anyone. The people are truly wonderful. The country is beautiful. It is a shame that the only news of the Philippines we get here is negative (OK the same is true of US news). Do your research. Make a visit.
3-2-1 until hot money inflows surge. Buy property now (or be priced out forever)!
Same goes for Turkey, I believe. One of the few places left on earth, where debt levels are nowhere near capacity.
it'll never happen there. The last time a foreign power threatened the Filipino Government in submission the messenger ended up with a 1' square piece of steel cutting his bullet proof limo in half.
The message was come and enjoy your visit, but repect our wishes. It's not uncommon for people to turn up dead floating in the Bay over there after they were last seen harassing some people.
Isn't Turkey in line to join the EU ? That should fix those pesky low debt levels.
Even though the EU made them open the door to radical Islam, as a move toward greater "democracy", the French will never allow them entry because it would throw the door wide open to muslim immigration to the heart of Europe.
In other words, no, the EU will never allow Turkey entry into the EU.
Rodent,
Guess you missed the news(over a quite a spell), of nightly riots, and torching of vehicles, overturned vehicles,broken storefont glass, in France,in the Muslim district.
Because there are no jobs for them, so they run riot.
It's kept off the news damned well.
Austrailia is the smartest Country on the planet...............they make them TOE THEIR LINE, not the other way around.
Yeah. They have just enough of them to scare the locals into line.
They are, in fact, keeping them bottled up in the Banlieues.
EK,
Uhmmmmmmm............Turkey?
Once the SHTF I do not think any religion would be tolerated there except Islam.
Not my Cup O Tea.
sorry ,as a foreigner you are not aloud to own property in turkey..
Yes, but that place doesn't have 911 emergency service (which responds in Domino's Pizza delivery times at best, necessitated by high violent and property crime levels), high property taxes, potholes, steel guard rails on the roads (to steal and sell for scrap value), a kleptocracy, Netflix delivery, the Federal Reserve or Wall Street syndicate, so what good is it?
Steve Liesman vacations there...the local Filipino boys are also quite inexpensive.
phillipeans property top bitchez
No way. I drink way more than 20 beers / day.
How can I live well in Philippines, with bunch of mobs and thugs!!?
ask a flip and he'll tell you the only thugs in his country are foreigners
Gated communities with armed security. That's how. A libertarians dream. No social fabric, so everybody can relish their freedom.
You are looking at the future of the US after cretins have nothing to lose anymore. I can only hope that all the wing-nut ideologues are extinct or have gone to rapture by then. There is nothing on this planet more pitiful than a whiny libertarian.
SHUT UP PUNK
You should move to Detroit and enjoy the social fabric by taking evening strolls. The delusions of wing-nut socialist retards. Please go extinct yourself and any of your shitlings. You left-wing asswipes have nothing better to do than concern yourselves with how other people live?
Why are you such a douchebag?
dupe
Who are the cretins in your scenario? Welfare or 99ers.
I don't know any foreigners living here in the Philippines in gated communities.
Why are americans so afraid of things?
You do realize you are talking about a population addicted to hand sanitizer, right?
I boil my hand sanitizer before I use it just to make sure it is sterile. Howard Hughes was just a man ahead of his time.....
Live in DC for a couple of years to acclimate.
maybe you should consider leaving the "mobs and thugs" at home. . .
My wife is from Bataan. Beautiful country. I enjoy going there at least three times a year. Nothing beats sitting on the beach doing nothing for a week straight.
Learned in school there was a Death March there. That was a long time ago, luckily they don't teach such nasty subjects in school these days. The kids are frightened enough learning about Al Gore's Climate predictions.
If you were paying attention in school, you also would have learned that the Philippinos were not primarily, if at all, responsible.
History has been sanitized to protect the Japanese.
I've still never bought a Toyota.
Responsible for what? There were something like 75K Americans, Filipinos, and Chinese involved in that battle and surrender.
You make is sound like the American's did all of the fighting there.
You misunderstood me, I'm afraid.
congress does nothing for 52 weeks a year!
Filipino women have the dumpy gene, similar to Greek and Italian women. They look great when they're young, slim and stylish. But then they hit a certain age (40 or so) and transform into short, dumpy unattractive women. It's mysterious.
Good excuse for trading in
Filipina wives can also be purchased at bargain rates.
And the rest of her extended family are thrown in as a free bonus...
No thanks, unless they're hot females
Your comment contradicts your avatar.
priceless. It is a pity that one can hit the up arrow only once.
They are worth every penny, dude.
And her family knows how to work. It ain't a bad deal.
Which is the toxic debt component of the whole deal!
No the relatives will cost you.
From what I was told by an expat living in the Philipines, the local women will agressively court any white man from the minute they get off the plane because the stereotype is that they are successful.
I am a white man, I have been there, and I concur.
You're successful?
I like to think so...
But what is in question her is does SHE think so?
When I was there if you could feed her and provide indoor plumbing, she would consider you successful.
I could, and still can, so I was successful.
I doubt things have changed much over there.
be prepared, they've developed weaponized pussy.
so it should be rather simple to marry a "local woman" for access to her country, yes?
it sounds idylic until the gang with machetes turns up.
nothing like waking up to the smell of napalm
Charlie don't surf!
Gun laws? Any?
He thought of turning and running for his life as the gang with machetes approached.
Suddenly, he remembered his Springfield .45 in his waistband. Oops, the gang's heinous plans were thwarted temporarily.
The Phillipines is not a gun-rights-friendly jurisdiction. Unless you've got political connections, of course.
Like Central America, gun laws are for those who don't contribute to the local police chief's retirement fund.
Kind of like the US, actually.
In my 11 trips here I have never seen or heard of any gangs with machetes.
They don't usually hang out at the Manila Ritz Carlton.
you can live cheap in lots of places in asia - better to live above sea level -
Tell that to the people of New Orleans.
WTF man, are you a real estate agent?
The only viable land investment for the long haul is arable land.
If you're buying property to live in your focus should be nearly family and friends, not a bargain in a far away place.
I appreceite all these suggestions on where to spend the next $100k that I don't have but first I'll have to stop buying those Johnnie Walker bottles that I use to drown out the absurdity of these posts into a blur of dancinng words and letters forever mocking me for the lucarative investments I can't make. While not being able to save the money this way at least I can promptly click on the zerohedge logo to bring myself back to the homepage.
People have been living on those islands for thousands of years. I'm sure there's some food around there.
I'm sure it's lovely and I can plant a few coconut trees on my dreamy beachfront property while I hang around and get to know the locals at the friendly neighborhood cheers bar, but I'm just not sure how anything in this article is useful information, that's all.
If I had extra coin burning a hole in your pocket and was deciding where to buy up cheap exquisite property, I wouldn't be going to ZH for suggestions. I would be doing my own damn research.
TD,
From what I have gathered there are only two paces left to where you can get a Passport,and citizenship like NOW.
But, alas,they are quite costly.
Be prepared to drop $300-$400k.Just to apply, and a very strict background check is applicable.
But, their passports allow you acccess to almost all of the EU.
Some little nation could make a billion fast by diplomatic passports.
I'd get one.