Inflation is a b*tch for everyone. It's not just foreigners who are seeing the prices go up. Utilities, rent, food....pretty much everything is more than what it should be.
Also, IMO there is a property bubble that's getting ready to burst on top of everything else. Right now I can get land at a cheaper price on the Big Island in Hawaii than I can in Dauin. Land prices in Texas are a fraction of the price you will find in a whole lot of places in the Philippines. Almost so much of a difference that you could almost buy the land AND THEN build a house on the lot in Texas. Buying property here in the Philippines is extremely risky at the moment and I see very few that are worth the asking price. There is little value in the Philippines.
Best Posts in Thread: Philippines Citizenship Through Marriage
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ChMacQueen DI Forum Patron Highly Rated Poster Showcase Reviewer Veteran Army
I don't see who in there sane mind can think that the Philippines was since about 4-5 years ago ever considered a long term plan. Its been quite clear that foreigners aren't wanted here and they just want our money. They constantly make life harder for foreigners even the good ones with Filipino spouses and kids... and even business's. Add in that prices have been rising drastically in the last 5-6 years and much if that is directed specifically towards those wanting *foreign* amenities and goods. When I first moved here in 2008 I knew a bunch of guys living decently off $600ish a month and now a foreigner living off $1k a month is a poor man who probably will run into serious crap when it comes time to exit if not sooner financially speaking. The way its going I'm betting within 10 years a foreigner living here on $2k will be just be managing with some difficulties.
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Ownership is just a word like annulment or divorce. You can have absolute irrevocable power of attorney to dispose of, donate or do as you see fit with anything you buy here.
I certainly would not want become a citizen of this country. Sounds like a downgrade to me apart from the fact you could get an SC card.
As a foreigner you can lock up your wife if she commits adultery. Not so hard to prove if she is in a one bedroom house or hotel room with another man. They reduced it to around five years now. If she gets pregnant with another man 'you are responsible for the kid being the legally wedded husband. For men it's a much lesser charge of concubinage and harder to make it stick. A freind of mine took his atty to PNP and arrested his wife and BF. He let them out after a week locked up and her signing over 90% of the property to another Filipino.- Like x 1
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Jack Peterson DI Forum Luminary Highly Rated Poster SC Connoisseur Veteran Air Force
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Depending on your situation there are three main routes to becoming a naturalized Filipino citizen.
1. The courts - if you are a foreigner who has married a Filipino then a judicial process will allow you to become a Filipino citizen.
2. The Office of the Solicitor General - the OSG has the power to approve petitions for naturalization. The processing fee is around P40,000.
3. An act of congress - if you have made a significant contribution to public life in the Philippines your application to become naturalized can be sponsored by a senator or congressman.- Informative x 2
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Dave_Hounddriver DI Forum Luminary Highly Rated Poster
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I get aggravated and frustrated just reading all that. Personally, I see no upside to becoming a Filipino Citizen, but a whole bunch of stress even thinking about trying.
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Getting a citizenship here seems to be a very difficult thing to do and out of reach for the vast majority of expats. If you are wanting to gain dual citizenship somewhere, the Philippines is not where you should be looking.- Agree x 2
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Citizenship through marriage is guaranteed, to the sucker's club. Benefits, can't think of any. But you'll continue to get ****ed over through life like the rest of the suckers.
I can print you a card if you like. Show it to the locals when you try to buy something. You thought long nose prices were bad. Try paying sucker's prices.- Like x 1
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nwlivewire I'm also seriously considering bugging out due to the lack of a path to citizenship. If I didn't have certain commitments rooting me down, then I might not be here. But those commitments will (grow up) soon enough.
I will be looking to go to the same places as you mentioned.- Agree x 1
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nwlivewire DI Senior Member Showcase Reviewer Blood Donor Veteran Army Navy
Citizenship for a foreigner who is a "teacher" (no he/she pronoun there) can be obtained after two years of teaching. Of course, there are other, certain pre-requisites needing to be checked off prior to teaching for two years so as to be sure your teaching time counts towards this accelerated citizenship. However, as I understand this accelerated "teacher to citizen" deal, no marriage is required if a foreign "teacher" plans out his/her path towards dual citizenship properly....
Just saying there's usually another way to skin this cat if one digs a little....
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Also, for the original poster, see this:
How to Apply for Filipino Citizenship | USA Today
You are above the age of being a military "asset", so this is not an issue.
You are retired, so I imagine you will not be needing a security clearance.
You are not required to renounce your US citizenship. You can carry two passports - US and RP. The RP passport may come in handy at some time in the near future - as the RP is an ASEAN member nation.
Dual Nationality | Manila, Philippines - Embassy of the United States
CONS: There may be two country income tax returns to do - file RP and US returns (not sure what the laws are in RP). The RP and the US have a "tax treaty", so you won't necessarily be "double taxed" on earned income (if you have any). But you still may have to file in two countries.
(IF you want to keep OR establish a US address, then it may be to your advantage to maintain/obtain residency status in a State that has NO income tax so as to avoid having to file a State tax return every year (royal PITA)). This is WHY I will probably change my state of residence from Oregon to TEXAS before I depart to RP as I will be keeping a US address, and Texas has no State income tax on any of my retirement incomes- therefor, no annual State return for me!
If I am wrong on any of this, I stand corrected. But I do my best to give accurate information.
V/R.
nwlivewire- Informative x 2
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