Good video today Steve. The country me and you grew up in is not the same country I live in today. It's like living in the twilight zone. It's insane....

For me as most expats I love my country but can't stand what the government is doing. I love living in the Philippines for two reasons, it's stress free and peaceful. I know that until I die I will be spending two months a year visiting family and friends in the United States and living ten months a year in the Philippines. Good video Steve.

It's worse than you think. Half of US women reach the age of 30 without having children. Demographic implosion due to low birth rate. And the last of the baby boomers (me) is retiring.

Hi Steve, I do not want to get into politics and I am not a US citizen, but what you describe happens all over the west. People with money move out and people without money - move in.

Canned and ultra-processed foods are definitely *_not_* good for one's health. Buy and cook whole foods instead - you'll feel much better.😊

Hi Steve, Thanks to you I’ve been in the Philippines, with my SRRV through Mary Rose since January 2023. I’m 74 . Take care, Kurt Conover

I live in San Diego, California. I visit Tijuana Mexico and a lot of taxi drivers tell me that a lot of Americans are moving to Tijuana because theirs a lot of new and nice condominium along the border. I talked with Americans living in Tijuana they said it’s great you get San Diego weather at a quarter of San Diego rent prices. I also talked with a Uber driver and he said his son rents a three bedroom house with a garage in a nice neighborhood for $700.00 a month. I think that’s the way to go because of the weather.

I honestly WISH as many people were leaving as being reported! People talk so much crap about America but won’t leave! Talk so much crap about CA but they won’t freaking leave! The traffic and parking and crowds are still the same….and it isn’t because of homeless people! No matter where u run, the WORLD will always suck until the greed and selfishness is in control!

I am definitely one of those SRRV Permanent Resident visa processed Jan/24❤ I am just loving it!❤

My wife had our house built in Leyte a couple of years ago. I'm 63. By age 65, I should be there permanently. Love my country, can't stand the way it is being destroyed from within. I'm a SAR (Son of the American Revolution) as well as a Mayflower descendant. We are currently purchasing more land in Leyte for agricultural business.

We’re moving out too and will retire in Philippines.My American husband can’t wait.

Great video Steve. I left in the middle of last year.

Trying to get out of the United liberal dumpster fire.

Jeez...I beat everyone by 50 years haha!!!! Not surprisingly people are relocating from the USA or other lands... Have a super weekend... 🙏🙏🙏 👍😎👍

Many moved from California to Mexico. It’s a big topic of conversation for us retirees in SoCal. I plan to give the Philippines a shot. It will be my 43rd country and 21st year living overseas.

But the problem is we have had millions of illegals coming in.

Unless you're making 350k in America, America is a ball of stress and a big ass mess! And I would hate to imagine the stress a person is under trying to balance a high paying job and living life in the U.S. We missed the good old days, 'the 80's' but many of those people are aging out or have crossed over. Been here in Cebu a year and already my health has improved leaps and bounds 👍🏾

Hi Steve,..a hello from Massachusetts and Rhode Island. Great video with good advice. Thanks and keep up the great work.

Inflation is higher in US than reported. In two years of watching your videos Inflation is worse. Retired Navy im 54 years old I still want to work into my sixties but want to experience the Philippines again. ❤ ty for the videos

Wow! This is a big number. People going to where they feel Appreciated

Steve, we both know it takes a special type of person to leave a first world country for a third world country. Many may come but many will leave just as fast. Its not the island paradise that a lot have in their minds. From what I have witnessed former military do the best. Able to adjust and adapt better then civilians

750000 seems like a lot but it isn't when your country has 330 million

Good video Steve, my Filipina wife and I have 5 months before the big move. As always, appreciate you and Rich's videos.

750,000 people moved out their all here with YOU TUBE CHANNELS..😅😅😅😅

750k might be on the low side? I still keep a USA address however I'm living here in the Philippines full time now.

Filipinos wont complain even foreigners come here in millions because it helps our economy

Great video!! Fantastic info 👍🎩👍

I am saving $550 a month compared to my Apt i had in Guam. And my rent here is only $290

Obiden did run for change in 2008,, and the population is absolutely changing And it's a good idea to get yourself out of where your no longer comfortable The biggest problem with the Philippines is that non citizens cannot legally own property / realestate

I pay $524 a month on my mortgage in Middle America for a 3 bedroom house. Filipino food except for balut and ube is delicious.

We live in the province and paying 15k for our small place which is too much. I have been looking at condos on facebook down in metro Manila and anything decent seems to start around 25k php. I looked at houses on facebook in Valencia near Dumaguate and they can run around the same prce or higher. Still way cheaperthan my one bedroom apartment in USA for $1,700 usd a month!

In Gensan City, an ATM ate my card at BDO, and the teller retrieved the card and gave it back to me… no waiting….. I consider myself blessed.

What many Americans pay in property tax You can live in philippine on that IF you buy own a place in philippines I.e. house or condo

I came over here just after covid opened up and i was still working in Guam waiting to retire Sep2022 for a month, then i came back Jan 2023 and logged trips to get my stuff from Guam to here with my baggage as i logged 7 trips back and forth till i first filed for my SRRV in Sep2023. And been here since except the two days trip to Guam to process business. In 2023 i was only absent from here Mar/Apr/Jun mostly because of the super typhoon in Guam i was stuck in.❤

Costs in America driving many out.

We've never had this many people at retirement age before. Combined with the financial problems created by the government, population dynamics, and people are trying to make it work out for themselves instead of the government.

I can’t afford to retire in the U.S., on just Social Security! But I can support myself, my Wife and Step-Daughter on my retirement income! I never realized the deterioration of our native Country until I returned for my liquidation, in preparation to permanent residency in the Philippines! 😢

I will be retiring to the Philippines with my wife. She technically Filipino but has lived with me in the states for 15 years now and has an American attitude so I consider me retiring with my American wife.

Great blog, Steve as usual.

Well said Sir.

Where can I find a used pair of rose colored glasses so I can see my reality differently?

All great advice Steve! Our plan is to stay in the Manila area so we can search out that place we want to settle in. Told the wife, we may move to 3 or 4 times before we find it. But we have areas already in mind. Mindoro is my first choice. We’ll see 👍✌🏻

Many more would move if they had the money to get away from states. Most don’t have enough to travel and start over . I’m going to travel soon

Any man who bases countries or resolves his life around women as first priority is bound to fail in life They should be last on your list Your safety security is primary Taxes freedom opportunities business food water Internet electricity clothes housing etc Should be foremost concern Women should be the last thing to think about Just imho

It is going to grow. I expect the government, US, to get involved and make it harder to move overseas. I am sure women have already complained to government officials, in the US, about single men leaving to find women overseas. Sooner or later the government, US, is going to figure out these, mostly men, are also taking their wealth and spending overseas as well. I can see issues coming.

With the computer age, many people can telecommute from all over the planet. Many people lost their retirement nest egg back in 2008 and had a hard time coming back from that, and then, of course, the skyrocketing divorce rate put a big dent in retirement plans . Others are disabled or were disabled early in life and couldn't make those quarters required to get a higher pension rate. Whatever the case may be, a person on the average pension of around 1800 a month can have a better life depending upon their disability. Now, the less you have to work with will be a defining factor in your ability to have that better life because there is a give and take that happens . Medical is very affordable for basic care, but remember, there is no Medicare YET in the philippines, but I'm hopeful it may find its way there. Never forget that you are not in the United States, and the things that you see the Filipinos doing are not some of the things you should be doing and can lead to trouble for you. You don't have diplomatic immunity and are subject to removal at the will of the philippines government, so keep that in mind. Learn to mind your own personal business and stay out of other people's affairs, especially your girlfriends family. Staying emotionally distant can save you from having someone living in your pocket and with utang being a law now you could end up paying for that redhorse and tobacco that will create Medical bills that you may have to pay. The bottom line is to do your research and learn as many of the laws and culture as you can.

Great video, very informative... Is a $ 1600 / month budget still reasonable in the PH ? Can you live a pretty good life on that ? Here in Seattle, the rents for Condos / Apartments is anywhere from $ 1200 per month all the way up to $ 36 K USD per month for a luxury suite... So rediculous ... Also wondering... You mentioned you spent $ 400 to $ 600 on food at the Grocery store... Is that enough to last a month for a single person ? I'm 5 years away from retirement, trying to decide between RV life in the USA and coming out to the Philippines

Living in the (rural) provinces where infrastructure is less developed is comparable to *being out in the field* for an extended period of time. Former military would probably be more adaptable to such conditions. In the end, it's the attitude we bring to the situation that makes it 👍 or 👎

In the first quarter of 2022 there were 186,000 NEW passports issued in the USA. Thats over 600,000 average that year. Where they went, I dont know.

I first visited the Philippines in 1982 for a vacation, fell in love with the place. Well, it took 39 years but in 2021 me and my family moved here for good, and am never looking back. Every morning I say: "Thank God we got out when we did."

Good job,

Such a GOOD channel!! You, tell it like it IS ~ Bravo!

Another great video steve😊

Thanx Steven for your start on my SRRV in 2019 ! I bought a Condo in Reno, NV. & built a house in Subic Bay, Ph. My hope to be ex-wife in Nueva Ecija got my first house there & car... divorce from her has stopped due to Feb.2023 Hague Conversation agreement with Ph.?!...

Australia is clamping down on the problem of people leaving and living a better life overseas. It's now forces you to be in Australia when you reach pensionable age (67) to claim the aged pension and then you must remain and live in Australia for two years before you can leave the country and claim your pension while overseas. They don't want you spending money overseas and they are hoping by keeping you until you are 69 you will either die or give up on dreaming of a better quality of life in retirement.

Hey Steve, I don’t have any rose colored glasses, will green lenses suffice? 👓

Early retirement with social security is 62. I can withdrawal 401k penalty free at 59. Cutting down living costs could drive that down even earlier if you can eat the penalty’s.

I just can’t find that 750,000 figure anywhere. There are hundreds of thousands moving from state to state in the US but overseas? It’s got to be a lot less.

Steve. With more and more people from the west coming in, do you believe the cost of living will go up? And if it does, will more people become improvised because of higher costs,or will there just be more pockets of wealth confined to big cities?

Cost and English language is used a lot! Road signs, restaurant menus, And at all of the bigger malls. Not so in other southeast Asian countries. I bought some Reesie‘s peanut butter mini cups the other day at S&R was 404php,$7. I checked my local flyers back in the US. They cost $7.64 for the same size bag.

I've been lookin to leave for 18 years and it did not matter who was in office. I saw the luster diminishing long ago so for me it was mainly to see and live a tranquil life away from what i was used to.

In 2015, the U.S. State Department estimated in 2016 that more than 220,000 U.S. citizens lived in the Philippines and more than 650,000 visited per year. Thats 8 yrs ago.

It differs from bank to bank, My card was taken in at BDO atm I got the card back the next day no problem 😊

Hello where is the $80.00 a .month apartment located and is it fully furnished as well as what town it is located thank you.

And if you have a place back home paid for don't sale it, you can rent it and have a place to go back to if needed

The biggest immigration into Canada behind India is Philippines.Because of the Canadian bubble…a lot of Canadian dollars are being invested in USA.

Lots of people just disappointed frustrated need a change need peace of mind and happiness thats why I will be back this year to bexwith my fiance and son people are looking for a better place

Sir Steve, do you have a link about americans moving out of the US. Thanks in advance.

I'm 20 years from retirement. Philippines may very well be oversaturated by then. As such I'm considering other countries/regions. One thing for sure is this... owning your house outright is no longer a retirement guarantee. Property values continue to far outstrip already excessive inflation. This means unaffordable tax and insurance. It's sad and unsettling.

I shop for food in military commissaries, Army and Navy. Prices have really gone up during the Biden Administration.

What you save in rent, you are more than spending on food for the things you like. You were throwing around some heavy duty numbers on the food. S&R and Landers are the two most expensive places in the Philippines to buy food. You did a good job of qualifying it but the prospective expat should also know that if they buy local and eat at home, it can be done for around $10 per person per week. Your advice is good. It's consistent. I took a look and could not find an article stating the 750,000 number but I did see some other stuff that was sort of interesting. One of them was that Mexico is the top destination for American expats. I have watched a few videos of a guy living with his Filipina wife of nine years up in Iloco Norte and I was amazed at how well laid out and clean his little community near Batac was. There are lots of different ways to do it in the Philippines. Apparently Mexico too but I am put off by the drug wars that go on in Mexico. The weather situation is the most freaky thing going on and that's everywhere. Mother nature doesn't discriminate.

Another KZfaqr (Nomad Capitalist) said it true snd said it well. "Go where your treated best".

Im going to tell the truth. To be in a safe place financially, the guy needs at least 3500 to 5000 usd a month. Any less will be a mistake if anything happens big. Markets, Travel, Hospital, Currency drop an more. They may not spend that much, but a safe zone is that amount.

Compared to the number who decided to walk into the US, there are a great deal of incentives for the expat life. The overall benefits of expat life are quickly overshadowing any benefits of staying in the US these days.

And how many are moving in?

Your friend in Tagaytay, yours truly was in the Coast Guard 🇺🇸⚓️

You haven't mentioned that the USD-Phil Peso nearly broke the all time Rcd @ 57.87 yesterday ..

Great video! Did not realize so many are leaving. I'm making a move to spend 6 mo. in Cavite and the rest in Southern Cal. So far I'm preferring PI and enjoying it more. I'm working on my visa, being prior military. I'm thinking I may stay full-time. Due to taxes rising along with insurances in the US.

I have enjoyed your videos for around 2 months. I would like to know in your opinion. What is the best bank or banks to use. Thanks

Respectfully, I would suggest that number is inflated due to the COVID lockdowns. I would have moved to the Philippines in 2020, but due to the travel restrictions, could not. Now, since all restrictions have been lifted, I've spent the last year getting my ducks in a row. I get on a plane in 5 days. So, with that said, you can see where the numbers may easily be inflated due to the backlog created by the COVID lockdowns.

The Navy's feeling the manning right now. It's a little under.

I hope Philippines don’t turn expensive because more expats moving there. Unfortunately it’s happens in a lot of places. I saw 3 days ago in the canaries islands. They racing the rent and prices because expats. And the locals suffer that prices

Prices in Thailand are the same as here in USA for foor in a store. Markets are cheaper.

👍

Recently I read a similar report from Canada. A stunning number of Canadians have been leaving Canada. the so-called 'Snowbirds' vastly increased (Canadians who live 6 months of winter in the southern USA) but a new shocking revelation was that *Canadian immigrants leaving* Canada. They are either going back to their original home countries or they are moving to the USA, Thailand etc.

A lot of Americans will have immigrated into the US earlier in life, then when they retire they will return home with a US pension.

Might want to check the Salt Content in all those Cans (yikes) .. I buy Low Sodium, Progresso Soups .. and Bush's Best, Chili Beans aren't too bad .. An extra Giant Jar of Peanut Butter is a good idea (literally the best source of Protein) .. Cyber Attacks on "the Grid" are a huge concern .. Attacks here in the US have been ramping up Bigtime .. If attacked, you might actually be "safer" in the PI in some ways than in the US which is the most Internet & Grid dependent (vulnerable) .. Better have lots of cash put away there though ..

That's approximately 13.5 billion a year leaving America every year. Calculated at 750k x $1500/month. That's a lot of dough.

I'm surprised it's only 750K (?) - and I believe it could be higher than that. -- The Big Mac price index for 2024 has the US @ $5.85 -- Switzerland was #1 @ over $8.00 -- but the Philippines was $2.61. - It is used as an index for cost of living by some. - Another source had the Philippines as being 53% cheaper for food than the US. Yet no details were given. -- Another ''source'' had Trace Martires being 3.9 times cheaper than my hometown of Columbus Ohio !!! (( Not Boston )) Inflation in Ohio has gone wild too. = That's 75% we may as well say ? --- While Boston is 52% more expensive - (1.8 times more) - than Columbus !!! = *WOW* 🤔

Stagflation😢USA And violent criminals run the streets.

Good videos.

is it true they are changing the min age to 40 for srrv curtesy visa?

I Googled it; 8.5% of the US military were women, in 1980, compared to 24.5%, in 2023 ..

At this rhythm, the Phillipines will be a huge Jurassic Parc !

Sir Do you mean Americans or white people walking into bank ? Hard to tell someones nationality

Smart Canadians are working on their escape plan

Philippine population is close to 120 mil, in 2023 I wouldn't Sweat the % of Americans (600,000) living there anytime soon .. 4.2 million Filipino's (born in Philippines) live in the US .. "2.23 mil "registered" Filipino overseas workers, in 2023"

I'm now preparing to leave the US. Regarding my possessions, whatever I cant sell, I'm giving away to whoever will take it. If that doesn't work, I'm throwing it away.

Hey steve you're right what you have to worry about when you marry a filipino is her family😮

There are millions streaming over the southern boarder of the US. Even with the 750k leaving and births in the US it won’t make a difference.