What's Considered Rich in The Philippines?

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In this video, we discuss Philippine income brackets and economic classes to determine what's considered rich in the Philippines. We cover the average monthly salaries of all socioeconomic classes of the Philippines - the poor class, the lower middle class, middle class, upper middle class, and the rich. Enjoy and God Bless.
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Timestamps:
0:00 What's Considered Rich in The Philippines?
0:14 Philippine Income Brackets & Salaries
2:53 What’s Considered Rich in The Philippines?
10:57 God Bless
Current sub count: 9,430
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Tags:
Income Brackets in The Philippines, Economic Classes in The Philippines, Social Classes in The Philippines, Philippine Economy, Philippines,
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Business Inquiries: evan@thesavvyexpat.com

Опубликовано:

14 июл 2024

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Комментарии : 1,1 тыс.

@TheSavvyExpat 2 года назад

If you enjoyed this video, a like would be greatly appreciated. God Bless. Download Your FREE Guide to Moving to BGC, Philippines: dedicated-inventor-8723.ck.page/50a886fbc8

@marygracecagape2304 2 года назад

Liked! Just to share. I am an RN working here in SFO, CA. I remember when I started working as a nurse in the Philippines, my salary was barely 150$/month. Yes you read it right, 150$/month. That was 16 years ago.

@0401412740 Год назад

Get that share based payment!!!!!

@k31oy68 Год назад

ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-9L6ZV6I_3C4.html

@DragonKingTheYT 11 месяцев назад

Are you talking about pesos in the video

@HemiChrysler 3 месяца назад

which god shall bless ?

@danielnetz7539 2 года назад

I follow a multitude of RU-vidrs vlogging about life in the Philippines. A few truly are on a micro budget of $600-800 USD. Half of me says "I would never want to live on that little in the Philippines". The other half of me compares my life in America running the rat race and says "I would do anything to just relax and enjoy a simple life in the Philippines, even if it is on a micro budget". Honestly time is way more valuable than money, and being around good people is far more valuable than having modern American luxuries. As I see people enjoy their lives in the Philippines and not being trapped in the stressful, high maintenance rat race of life in America, I truly feel their lives are far richer than mine (even though I earn a lot more money). I understand this vlog was to highlight income classes and salary ranges of various types of jobs, but being rich in life has so much more to do with happiness than income!!!

@sheldondee1573 2 года назад

This comment says it all. I knew that I wasn’t the only one who felt this way. Life in america is great when you talk about opportunities and what life has to offer but we as Americans only works to pay the bills. You tend to ask yourself is this really what i want? Working M-F 9-5 till you retire, like where is the happiness in that? If you have the capital to put up a decent business back home, I’d take that route any day and enjoy life more around my family.

@tedsell1455 2 года назад

I Agree. And need a Change

@TheSavvyExpat 2 года назад

Well said Daniel. You can have all the money in the world and still be miserable. Thanks for watching.

@kendethstryke3020 2 года назад

Since most people are retiring on SSI you can either live on 850 a month in the Philippines or America. No one ever mentions that. Go see what 850 gets you in the states. Not even a box apartment. Some of us HAVE to leave the country. To stay housed.

@yootoober2009 2 года назад

Don't forget, Filipinos have their own "rat race" to run, and still have less than your "stressful life" in the US... There is the time to work (in the US) when you are young but you must give time to your older self to enjoy life's little luxuries like relaxing by yourself or with people you choose to be with...

@brownpapi96 2 года назад

I'm a Filipino based overseas and I'm in my early 20's and I've been working blue collar work to fund my cost of living while running a small business on the side. It's crazy that my salary here as a construction worker is a little higher than a lawyer there in the Philippines.

@rhoelg 2 года назад

well, cost of living where you live is surely higher where most of your wage goes to house rent! It is all about what's is left after you paid the bills to afford some creature comforts.... surely the lawyer living in the Philippines has more disposable income than you after paying monthly expenses and most likely they have a house maid haha :)

@dionium5462 2 года назад

Well, to be fair, construction work in highly industrialized countries like US does pay alot even on their own countrys standards. I've heard that some construction workers in US make more net income than doctors.

@Jeffdachefz 2 года назад

@@rhoelg nah we'll have 2000-3000 a month of disposable income left after bills, mortgage and over 1000$ in retirement contributions here in USA as a construction worker. contruction workers over here can pull 150k a year as much as some lawyers.

@LGP-rn3rn 2 года назад

A construction worker is one of the lowest paid jobs here in the philippines. Nurses are also low paying jobs In the philippines. These two jobs are looked down upon by the upper class In metro manila. Mostly lower class filipinos enter the construction and nursing jobs. And will not be enjoying western level lifestyle here. Their only chance is to go abroad to be able to work And save for their families. Filipino Nurses working abroad make good money but still not nearly as much as lawyers or engineers in that city.

@Brow953 Год назад

Construction workers as well as nurses make a lot of money, that’s when the saying you hit the American dream. I came in this country with nothing on my back but when I started working as an RN I was able to buy a half million house, owns a Mercedes’ Benz and started a home care. I own two and I can say I can buy whatever I want because of that American dream. So construction workers and nurses i won’t consider as the lowest bracket in society because we’re always in demand. Think about during pandemic, we’re one of those who didn’t take a break, we’re always sought after especially if you’re a very hardworking individual, sky is the limit in overtime. Just my two cents, peace🙏

@philippinecowboy 2 года назад

I'm from Texas and I retired back in 2021, my expenses were anywhere from $2800 to $3600 a month. That's why the Philippines is home now. For expats moving here, have at least $1500 a month coming in and around 10K to 25K in savings for unexpected emergencies. The USA keeps people in debt, I became a minimalist and the most I spend nowadays is around $1500 to $2000 a month and I bank the rest. Also another great thing about the Philippines, if you get bored with a place, get up and move to another island or city. The key here is to always RENT a place, never buy!

@rpotter8876 2 года назад

How do the locals take to a mid 20’s Army dude out there? Getting out soon and considering moving.

@philippinecowboy 2 года назад

@@rpotter8876 As long as you have enough money, you'll be fine. I hardly ever drink anymore so that's how I keep my costs down. Just don't come out here and chase women and live on a bar stool, there's so much more to life.

@mariusvlad8601 2 года назад

do you think you can get by with 1000usd per month for a single person? not having any extravagances and just travel around?

@philippinecowboy 2 года назад

@@mariusvlad8601 If you like traveling around, yes it can be done..........but that's a backpacker life, sharing a room and living in $8 to $12 hostels (then hoping you don't get anything stolen). The rest would be used for food, travel expenses, not much of a life and I wouldn't recommend it because one bad emergency could wipe out that $1000. Now if you didn't travel and wanted to stay put in one place....find a small province and then a long-term rental for about $100 to $180 a month, you'd then have some extra money for food, insurance, an occasional beer or two, public transportation. Always have a cushion of money to fall back on, save as much as you can monthly, you DON'T want to go broke abroad.

@mariusvlad8601 2 года назад

@@philippinecowboy thanks for the tips, i was thinking about something in the midrange ,not the backpacker lifestyle , id like to slow travel from island to island, go to gym , snorkel ,hiking. and other activities but it seems i have to upgrade my passive income to have a safety net before going there i appreciate 💪

@Ricelord4 2 года назад

Fellow expat here. My dad had an international job while he was alive and working, and he chose to retire in the Philippines. I came to take care of him during the last few years of his life, and I'm currently still residing here. I had a feeling that he, and by extension myself and the rest of my family, were considered upper class, even though in the US, we were considered middle class. It's crazy that the standard of living is so much lower than the US. I've been on a very tight budget of about $200/month here, but since I don't have to pay for rent or a mortgage, that's already a huge portion knocked off my cost of living. It's pretty much just utilities, like electricity ($40-60/mo), water ($8/mo), and internet ($52/mo), as well as food. If I had to worry about a place to live, it would've been another $400/mo or so on top of it, and even that is very cheap. There are a lot of things I like here. There are also a lot of things that I prefer and miss about the US. I'm not sure if I'll retire here permanently one day, but I will say that I have a fondness for this place.

@user-rm1ps7yd4s 2 месяца назад

What about o chidren

@robertdeyoung293 16 дней назад

$100 bill in the United States is total wet toilet paper if you know exactly how to invest stay in the Philippines but if you like the fake scripted lifestyle of the US go pity yourself

@auroradennis5682 Год назад

Successful people don't become that way overnight. What most people see at a glance wealth, a great career, purpose-is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life..

@zoejack4158 Год назад

People are scared of investing because of high rate of scammers in the market.

@zoejack4158 Год назад

But of a truth They are scammer's but real broker are out there too waiting for investors

@zoejack4158 Год назад

So don't be scared of giving any one a try

@tylerdexter4038 Год назад

A friend that I referred to him just received $7050 profit after 10 days of investing...I became jealous... Lol

@tommiesosa5712 Год назад

I really love him reviews how do I get in touch with him please? I will appreciate if I would get linked up with him

@walkingboss 2 года назад

I have a friend who brings in about 2,200 a month, fortunately for him he was able to buy a condo outright in Manila and now he gets 2200 a month with no mortgage or rent and he lives really well. Massage has golf once-a-week tennis once a week, stuff he could never do in America.

@journeyto100channel2 2 года назад

That’s a Goal!!!!

@nadiaexplores6489 Год назад

My son plays golf 2x or 3x a week and he doesn't even have a job. Green fee in the Philippines ranges from $40 to $80 and one can get a caddy for $10. But if one gets a golf club membership, then the green fee becomes free.

@anderskrusell9463 2 года назад

I’m Danish…and also like the Philippines ((go there 1-2 times per year (pre pandemic)). Not because it’s cheap. Not to meet pinays. Not because I don’t like Denmark. I just like the country.

@uncommon_name9337 2 года назад

Maybe its the weather?

@robertmoses2411 2 года назад

How much of the $1500-$2500 would you spend for health insurance?

@stevephillips3541 2 года назад

@T Tan Social Security from the US for a retired person can be generally 800 thru 2500 a month . Many people are around 1,200 a month. but if you have a company Pension plan or a military retirment on top of that then you are doing good ...for the average person

@stevephillips3541 2 года назад

@T Tan I think the average Limey government pension is about 800 something Euros

@happysolitudetv Год назад

I like Denmark. I'm from the Philippines.

@morrishooks7536 2 года назад

i lived her for 7 years. If you make $5K month. And you are filipino plus seek the language you are super rich. Because it really is a win.win, win for you to live here. My filipino wife and I live here debt free. Its super for us. we live in province. We go to Makati when we need to feel like we are back in the USA. As foreigner living here you really need to understand the culture of the people. Plus adopt in order to enjoy your stay. We love weather, cost living, no debt and ability to come and go as we please. we are mayaman dito at middle class in USA.😁

@TheSavvyExpat 2 года назад

Well said Morris!

@AussiesR6 2 года назад

Very well documented video mate. I’m Aussie and travelled around Manila for a month, then flew to Bohol and stay for a couple of weeks there. Bought a new motorcycle there in ICM Tagbilaran and went all around Bohol. Ferried across to Lapu-Lapu and stayed there for a number of months. Rode around Cebu island and truly loved it there. Met a lot of wonderful locals everywhere I went, as well as some great foreigners too. Philippines is definitely for me. I’ll be returning to live there for the rest of my life when I can. I’m a truck driver here in Australia and earn around 8k a month. So I’ll be considered rich 😆

@jimmaeeey2322 2 года назад

Woah you're rich

@AussiesR6 2 года назад

@@jimmaeeey2322 haha hell no! 😂

@geographynerd9559 2 года назад

That's 3× the money my dad earns, wow.

@larazeesk7080 Год назад

Bali mate Bali lol

@AussiesR6 Год назад

@@larazeesk7080 what’s Bali got to with this vid on Philippines?

@Bigwill71M 2 года назад

As an expat living in the Philippines I can tell you that I have lived on as little as $1,600 per month....Now I am considered rich here as I approach $4k per month.....$1600 is doable when I was single.....but what I am making now lets me live a very comfortable life with almost no worries.....I would be surviving on 4K a month in the US....That is why I have no intentions of moving back....

@stevephillips3541 2 года назад

Where are you living in the PI ?

@Bigwill71M Год назад

Angeles City

@allanwatts8361 11 месяцев назад

@@Bigwill71M how extravagant of a lifestyle do you live with 4k usd? like what kind of stuff do you do monthly?

@daviddarden1915 2 года назад

Young Prince brother: That video was very inspiring to me especially back in my day I was station at Clark Air Base, Philippines in 1991. I was then age 28. Now getting close to retiring. Currently age 59 now. Plan on making that move around the year 2025 under the Philippine sponsored American Military Retirement SRRV Visa Program. I can imagine the changes know. That knowledge you gave me was great and I really appreciate that. Thank you so much, much blessings to paradise Islands Philippines. GOD speed to you. From US American Air Force Security Police Military Veteran.

@TheSavvyExpat 2 года назад

Thank you for your service David

@daviddarden1915 2 года назад

@@TheSavvyExpat Thank you young man, GOD speed.

@zenaidawieder6977 2 года назад

After years of working here in NY, I decided to go back to Philippines and live a simple life.

@TheSavvyExpat 2 года назад

Good for you Zanaida!

@bryanheyland7142 2 года назад

For several years I have wondered about this subject and you have done an awesome job explaining. Thank you!

@The_SCC 10 месяцев назад

United States needs to allow recruitment of Filipinos to the US Navy again. They did it from 1948-1992. The Philippines are a great source of college educated, English speaking, historically sea-faring nation. This will solve the recruiting woes of the USN but also help the Philippines economically as they struggle against poverty and Chinese bullying.

@pabliotiu1025 3 месяца назад

I share the same sentiment..I even wrote One of the Governor in the North since that province is an important area for the US because a base will soon built in her area of Jurisdiction. Up to now i havent hear from that Governor neither from her staffs . Palau ,a Republic very close to Mindanao ..The Leaders of Palau insist that in exchange for the US base that they will built in that small island They mandated the US to enlist a number of thier Palauan Youth who are interested to enter the US military and if qualified , to be admitted and become service man and Women..To receive the same right and benifits as a regular US military personnel.. Now Palau is not a US territory anymore just like the Philippines its a very small island with a small population yet they out wit us when it comes to negotiations with the Americans.. The Philippines, despite of opening more than 10 US bases here in the Philippines, despite that we have an overwhelming number technocrats and diplomats who are trained in the Philippines , Ivy league University, Military academies as well as Rhodes Scholars ...Our Leaders forget this path way for our youth ..I don't know if our Leaders are embecile or sleepy or due to to much Johnny walker blue or both ... they have a lousy draft position paper with The US ..They should have copy paste the 1946 original treaty called mutual defense pact . In the way Young Filipinos will have guaranteed yearly slot for the US navy . The US need abled bodied recruit why ? because most of the Gen Z in the US are not qualified to serve In military due to many reasons physically fitness is one of them despite that the military already lowered the physical requirements few times to accommodate would be recruit .. ..Its a win win for the US and the Philippines if recruitment will be resume ... BBM please intervene .. . What's so special about Palau that Philippines cannot have ?

@jerrynam 2 года назад

I'm here in Los Angeles area. I'm maybe about 12 years from retirement. I'm considering The Philippines as the primary retirement option. I enjoy watching your RU-vid channel. It has lots of useful information. Thank you.

@TheSavvyExpat 2 года назад

Sure thing Jerry

@stevephillips3541 2 года назад

I've got 2 1/2 years ...almost there....

@TrendingHeadlinesTV 2 года назад

Visit Palawan, Philippines! It’s amazing!

@zqgyt.7328 Год назад

Retire young at 62. No sense on prolonging it to 65 or longer. Then, enjoy life in the philippines!

@jg1503 Год назад

I’m also in LA. I’m a builder/ contractor here. Recently I visited Siquijor and fell I love with the island. That’s my new life direction. I’m done living in the rat race.

@marshallayers7282 2 года назад

good job young man. all info is appreciated. i think i fall into the upper middle/ rich category. your vids are very honest and real. thank you.

@TheSavvyExpat 2 года назад

Thanks Marshall

@pearlstella Год назад

Super interesting video! I'm actually from Denmark🤗 I've never visited the Philippines, but my sister worked there for a while and loved it. I hope I get the chance to visit some day!

@cjjaxxon 2 года назад

Excellent breakdown. This was something I thought about in passing and you said some things I had always been thinking. We on both sides of the sea are struggling because of the cost of living. BUT.......our money from the U.S. goes further in the Philippines since our cost of living is higher and we make that certain amount of money to just get by.

@BogsKitchen Год назад

You have some great content brother! Very informational.

@TheSavvyExpat Год назад

Thanks man!

@harpoon9996 2 года назад

This video is incredibly helpful. He really breaks it down nicely.

@blackgrandpa7652 2 года назад

This is the first cost of living that gives a breakdown of realistic cost of living and social classes ..thanks great video

@TheSavvyExpat 2 года назад

You got it

@angelotan911 2 года назад

I'm seriously thinking of moving out there!! I'm going on April so I'll be checking out the areas to live the good life! Great content bro! keep it up!!

@TheSavvyExpat 2 года назад

Have a good trip Angelo!

@SirSteveFury 2 года назад

Thank you for producing these videos. The Mrs and I choose to retire in Nasugbu, Batangas next fall. We go there for the genuinely kind and friendly people. God bless.

@pfneuman Год назад

Informative and to the point. Well done!

@TheSavvyExpat Год назад

Much appreciated!

@seamike55 2 года назад

I am SOOOOO excited to start living there...but not in the cities. Great video, Mr. Savvy Expat.

@TheSavvyExpat 2 года назад

Thanks Michael

@hankking4878 2 года назад

Buddy your vlogs are the best.😊. All the other vloggers don't get it. They are either old and poor are always trying to live on a budget. I can tell you are an upper middle class family who moved to the Philippines. I'm sure you live a comfortable life there and I appreciate explaining to us how we will be able to live there if we are middle class or higher. 🎉 It's great to have someone who speaks to the people who make six to eight figures. Please keep up the good work. I'm starting my retirement quarter time over there. Your information is so valuable to me. Nobody speaks my financial level, and others like me, like you do. Keep up the great vlogs!!!! 👍👍

@TheSavvyExpat 2 года назад

Glad you enjoyed the video Hank

@darylstewart1710 2 года назад

Ive watched this video on 3 separate occasions and shared it each time........ Spot on.

@anthonymitchell8168 2 года назад

Good info...and good work as always...I appreciate your efforts.

@methemonkeyking 2 года назад

Another great video. I purchased my condo at The Fort 17 years ago. The value more than tripled what I paid for it.

@TheSavvyExpat 2 года назад

Caught a great opportunity. Good for you!

@KarenSundays Год назад

Honestly, I moved to Canada at a young age and still crave to go back home often and eventually even start split living. There’s nothing like Philippines 🇵🇭 and having your dollar stretch there does help.

@garyburgmylifeandtimes6354 2 года назад

Interesting information! Great to be able to compare for a reference

@arlynsaracho3319 2 года назад

Very good! Informative and helpful!

@Huskerdoo 2 года назад

Can you do a video on what life is like in each of the 5 income brackets for Filipinos and expats/retirees? Been wanting to retire early to the Philippines for a while, but do not want to be locked in to the “simple life”. I also finally subscribed because of this video. Always bothered me that the family in the Philippines would say we’re rich, when I’m middle/upper middle class. This cleared it up. Thank you for putting out this content.

@TheSavvyExpat 2 года назад

You got it

@A.l.e.x20 2 года назад

If you are single and you are spending more than $1000 per month, then you are rich here in Phils 😅

@acewelddive 2 года назад

Send him some money to help him produce the video you want made.

@brianmck7363 2 года назад

$2800 a month you can live really good, actually probably a little bit less than that !!

@theodethomasa6358 2 года назад

As an ex-pat/retiree, I have my retirement pay, my VA disability pay, and I receive Social security because I'm 77 years old. The last cost of living increase in the US puts me near the $6,000 range monthly. My wife and I are sometimes called Don and Donya. It took me some time to understand what that meant. And now with the inflation in the US, there will be a cost of living increase again. My house in the Philippines is paid for. My car is paid for. I just bought an S1 Everest, three-wheel electric bike, because of fuel prices going up and up. Now I'm going after solar power because after installing an Aircon system for the whole house, my power bill jumped to P30,000. Not really a problem, but I don't see why I should continue paying that much. I don't see myself as RICH, but only as well-off, or middle class.

@switzerlandandthephilippines 2 года назад

I can't wait to discover your country soon 😁😍 And if I like it I want definitely spend my winters (November until February) in the Philippines yearly. I am so excited for my coming holidays 🤩 I love your channel. Thank you so much. Greetings from Switzerland, Susanne.

@TheSavvyExpat 2 года назад

Thanks Susanne

@healthyandfitness1830 2 года назад

yes he is correct, if you have 2000 dollar a month you can live rich and without mortgage Best idea to retired in the Philippines.

@TrendingHeadlinesTV 2 года назад

Visit Palawan! It’s the Hawaii of the Philippines! That’s where I want to retire with my fiancé who is from there.

@quidmaker Год назад

Awesome video was full of information!!! Thank you!!

@Monopolylife33 Год назад

I've been wanting to know this for a long time, thanks for a good video. 👍

@TheSavvyExpat Год назад

Thanks for watching Thomas

@joshuarizalforeman816 2 года назад

Wealth isn't judged simply by income since you need to include assets. If, for example, you own your house/houses that means you have no mortgage or are not paying rent. That money is then added to to the plus column. On a different note, I agree withe the Danish guy you mentioned. I have lived/worked all around the world but I chose to settle in the Philippines because I feel happy here. I suppose having a Filipino wife should be factored in!

@georgeacenas2349 9 месяцев назад

For the Filipina wife, better learn the mano po for your future in laws. Hope you find-court the right girl. Mano po involves taking the prospective law's or any older Filipino's hand and put back of their hand to your forehead. Tis a Southeast Asian thing. That should score some points to get her to say yes when you pop the question. Good luck.

@jamesclaire115 2 года назад

Tuli, Another awesome video. I do know that a little more goes a long way in The Philippines. I admire your research. Tuli, you are not only knowledgeable but you are very wise. Thank you for sharing... I love the islands for the money but the best part is the people.

@TheSavvyExpat 2 года назад

Absolutely. thanks for watching James

@JosephPlazo Год назад

Love the structure and details on this video mate!

@TheSavvyExpat Год назад

Thanks man!

@thingstosell 2 года назад

Good detailed and well explained!

@thomasbeard107 2 года назад

Evan’s videos are exceptional in their content and presentation. He addresses the many issues that expats consider, when selecting a place for retirement. I believe that it helps that he is from a Midwestern city in the United States. I am also from a Midwestern city in the United States. So gauging Philippines by Midwestern US standards is very helpful, at least to me. Also, the information that he presents is often empirical. There are economic and mathematical statistical citations he uses to support many of his observations. And the humor is simply, outstanding. Keep it up, Evan!👍

@TheSavvyExpat 2 года назад

Means a lot Thomas! Appreciate you.

@yootoober2009 2 года назад

I couldn't wait to retire from the military and move back to the Philippines from Arizona.. It's been twenty-two years now since I moved... It has not been all "lived happily ever after" but now, the way the US is "divided by race,color and sexual orientation" i wake up happier in my own hometown...

@markilog07 Год назад

not worth it to be honest. been here since 2017 and it was fun at first but u get stressed out so much dealing with people here. either a family matter, your neighbors mostlikely getting jealous of your pension, a lot of stupid drivers on the roads and so on…got out the army coz i got medical discharge and took my disability pay here in the philippines. disability check can get u pretty much anything u want here but not worth of your mental health to be honest. planning to move back to the US probably by 2027 when my child turn 6 so he can go to school in the US

@earlgreco8636 2 года назад

Thanks for putting things into perspective and knowing what to expect.

@TheSavvyExpat 2 года назад

No worries Earl

@mikecrook8434 Год назад

Great video. Great topic! Good work.

@TheSavvyExpat Год назад

Much appreciated!

@thelmatheintrepid1390 2 года назад

well explained. Everything is relative to one's lifestyle no matter how much money they have monthly. 😍

@TheSavvyExpat 2 года назад

very true Thelma

@DefendUSA1776 2 года назад

About the Denmark dude... There is something magical about the Philippines. I think it is 5% the 7000 beautiful islands and 95% something that is inside 90% of the people.

@elmapador2204 2 года назад

Just found your vlog handle today. Very informative and well spoken for a young age! I’m from Chicagoland too and will be spending part of the year in PI now that I’m retired. We’ll be living “hybrid” while in PI. We’ll be there sometime in the summer.

@ToiletFinger 2 года назад

First time viewer. Really cool video and interesting topic; subscribed.

@manilamartin1001 2 года назад

I guess since I came from LA, Makati seems so cheap. Best of all is I have lots of nice friends to hang out with here. It is really the friendliest place for guys over 40. I easily made guy friends and girls to date. 3 things to do to feel like a rich man is 1) get an assistant to simplify your life. 2) take advantage of low prices of manual labor. 3) find the partner of your dreams to share your beautiful life. You will live like a king.

@TheSavvyExpat 2 года назад

That's really interesting Martin. Tell me more about getting assistant? I think many guys would find that helpful here.

@manilamartin1001 2 года назад

@@TheSavvyExpat I have trouble sometimes with long lines, running errands, understanding locals, shopping. If you have a gf you wouldn't need one. I'm older 55, but move slow. It really helps me a lot to have someone assist me.

@TheSavvyExpat 2 года назад

@@manilamartin1001 gotcha thanks

@paulz6491 2 года назад

@@TheSavvyExpat Great idea for a video, cost for an assistant, how best to hire an assistant and jobs that they could do. Thank you for another excellent video, Interesting content presented very well!

@AJ-rc5lr Год назад

This is especially true, because i am from Indonesia, where income level is very similar to the Philipines, my family is considered fortunate to be earning more than usd100k a year ( combined ) and we are living in the upper life in Indonesia, but when we travel to countries like Central Europe, or US, we really are living there like a backpackers, we eat the street food, we stayed in Airbnb and not some 5 start hotel, we don't do restaurant dining or lunch, we do not use taxi everywhere as it is so expnesive

@georgeacenas2349 9 месяцев назад

Well my ex wife tested 1 of these these so called 5 star hotels, I suppose being treated like the Sultan of Sulu is cool. In essence and truth it is a material service. I am not sure where the value is in places like the Waldorf, NYC or Cali Hotel Coronado. It's like that $1000 watch I bought, wore it once and was disappointed. I'd rather go surfing in Java or something.

@davemarshall9925 2 года назад

great content!

@keyser_sozeevil_genius1152 2 года назад

Awesome video! I just received a lot of insight on where I stand, should I choose to move to the Philippines. I'm strongly considering doing so.

@jlawrence0181 2 года назад

Two comments: 1) The reason why some ex-pats are relocating to the Philippines is that they can bring along their salaries as they are now working remotely from home, wherever that might be. There will generally be some tax savings. 2) As one US diplomat told me years ago, she hated to return to the US after a long overseas assignment. Why? Because they could hire a housekeeper and a chef in the countries they served for $300 per week which was far less than daycare for two children in the US.

@stevephillips3541 2 года назад

I'm going to hire a Cook, House maid , Masseuse , Girlfriend , Gardner , Girlfriend, personal secretary and another girlfriend ...

@johnsy4306 2 года назад

$300 per week is $1200 a month or about P60,000 for *both* a cook and a housekeeper. Believe me when I say that these diplomats habitually OVERpay their staff. It is not atypical for a maid or cook to start for a local family for P6000 a month or $120 a month

@jlawrence0181 2 года назад

@@johnsy4306 Embassies have extensive qualifications and requirements. They are NOT hiring nationals off the street with little or no experiences. Hiring in the Philippines is much like hiring in the US - you get what you pay for.

@johnsy4306 2 года назад

@@jlawrence0181 Ok...you are still overpaying though. Oh, and we don't hire nationals off the street with little or no experience. And hiring is never as simple as "you get what you pay for" no matter where you are

@jameslonergan5840 2 года назад

Thanks for the breakdown Evan. Just so people remember that budget and income are 2 different things. Plan wisely.

@TheSavvyExpat 2 года назад

absolutely James

@maclovioberumen1917 2 года назад

Very good. Very interesting. Something I didn't know but know I do.

@davidsiemer7578 2 года назад

Very good advice and accurate info as well 👍

@TheSavvyExpat 2 года назад

Glad you liked it

@WarlordOrcaGaming 2 года назад

Very interesting video man, well done! As a swedish person I can say that there reason why many Europeans and westerners all around prefer the Philippines is because of the culture. It's more open, more friendly, more fun in a way. That is not how much of the west is expect for the US perhaps which is more social and perhaps some countries in Eastern Europe.

@visualbeauty3427 2 года назад

Nah not all, sometimes people in SEA (like Philippines) are dopeshit sometimes it's so problematic, the goverment, and agriculture, inflation, sometimes healthcare it's so expensive here in Philippines, you said people are friendly, not all sometimes people in general are different attitude & anyone can be fake people duh 😒

@eduardochavacano Год назад

The real mortivation is the Increase in Purchasing power, few would care about the culture. Australia or Portugal has more culture than the Philippines. Even Canada might have more culture or Alaska.

@nadiaexplores6489 Год назад

Not to mention, everyone in the Philippines speaks English.

@raananh 2 года назад

Kuya, it would be interesting to see how salaries in the Philippines increased over the years, and, projecting this to the future, how much Filipinos would earn in, say, 10 years. There's a huge improvement over the years in the Philippines. Albeit, my opinion, some places in the Philippines are destined to be extremely expensive places, top in the world, where even with a very good salary you won't be able to afford much: Central Manila and Cebu. They will be the Shanghai, Mombai and Lagos of today. (i.e. investing in real estate in Manila is a sure way to become rich - my Pasay condo already tripled in value.)

@apinezstats2237 2 года назад

It's stagnant. That's why you'll see the most educated Filipinos leaving the country in search of greener pastures abroad. The Philippines is the 3rd largest source of educated migrants in OECD countries, only after China and India.

@raananh 2 года назад

@@apinezstats2237 I would put in a different way: salaries in the Philippines went up, but you can make much more, if educated, outside the Philippines.

@jlawrence0181 2 года назад

What I am going to say will be controversial but the Philippines is the low cost labor center for call centers, accounting and the like. The positions that would require an US$80k salary +50% benefits in the US, will cost about US$30k in Manila (Makati). As for wages, we would usually give a 2% increase and still not have much turnover. Most of the employees were working a 50 hour work week. My senior staff would work more during busy times of the month but when things were slower, I would give them a couple days off.

@apinezstats2237 2 года назад

@@raananh There was an actual study regarding that. It was found that the percentage of Filipino immigrants with bachelor's degree/diploma in OECD countries is 3rd highest among all immigrants.

@raananh 2 года назад

@@apinezstats2237 I am not surprised that many educated Filipinos leave the Philippines for better prospects in another country. All I am saying that overall, Filipino earn more than the past and are "richer".

@Jubair194 Год назад

Very informative, thank you!

@TheSavvyExpat Год назад

My pleasure man!

@30AndAWakeUp 4 месяца назад

great vid!

@aswler 2 года назад

Useful but I missed PHP values there. Also information about the taxes to calculate net salary from the gross salary would be useful.

@mcy2phil 2 года назад

In 2006 I was living in Cagayan de Oro for $750 per month. That was rent, electric, food, water, entertainment, and transportation. The house was in a gated community for 4,500 pesos. It was a 2 bedroom bungalow style house. You can't get that anymore. I want to move back but have to sell my 2 houses here in the US first. I'm in no rush because of all the restrictions on travel. I figure the Philippines will be fully open next year or the year after.

@chazm.5909 2 года назад

I just arrived here a few days ago. All you need is proof of vaccinations and a swab test to visit. The process was quick.

@mcy2phil 2 года назад

@@chazm.5909 what about proof of covid travel insurance?

@chazm.5909 2 года назад

@@mcy2phil I never heard of that before. Prior before we departed the only thing I did back home was get the travel covid swab 3 days before departure and you get your results same day to show the proof of negative test. The process is much more relaxed when you have your 2 shots + 1 booster. We just showed our passport, covid cards (vaccine cards) and proof of negative swab test prior before leaving. Only hassle is paying 150 USD for the international swab test which you must also pay before departing the country.

@chazm.5909 2 года назад

@@mcy2phil Don't take my word for it, the rules are different for every country and state as per there regulations for travel. I would check in with your people to insure you have all your affairs in order before making any decisions to leave the country

@chazm.5909 2 года назад

But to clarify things regarding Philippines being open. I've been here for almost a month and every single tourist Hotspot is open for business. It feels normal here except everyone is waring mask wherever they go

@pandabearmonster 2 года назад

Great channel, keep it up!

@TheSavvyExpat 2 года назад

Much appreciated!

@jasonrui316 2 года назад

Informative.....thank you!!

@1967hashem Год назад

Your average salary of $500 per month is for Manila residents. I can tell you people living in the Visayas would love to earn P25,000 per month. You can't transpose a BGC or Manila salary nation wide.

@theboredengineer2947 Год назад

My husband is an interpreter here and I am a business analyst. He's a Japanese expat while I am a local and it's disheartening how wide our wage gap is even though our ages, relative work experiences according to years. Income and cost of living is good for a family in my country but as a Filipino, it makes me kinda unmotivated to work hard as a lcoal and paid peanuts.

@roythousand13 Год назад

Do the Philippines have unions? Unions could help fight for higher wages and better work conditions for its members!

@KerryBuchanan 5 месяцев назад

This is such a well researched video. Nice job

@TheSavvyExpat 5 месяцев назад

I appreciate that Kerry. Can you shoot me an email evan@thesavvyexpat.com I’m curious about your Philippine journey and why you wanna come out here

@namvet1968 2 года назад

You are an excellent communicator.

@answerman9933 2 года назад

In the US and Europe plumbers and electricians get paid way more. And most are firmly in the middle class in terms of economic income.

@loden888 Год назад

Plumbers in NYC are paid like $400 per day as an apprentice.

@jmc2494 2 года назад

You are spot on! It is more fun in the Philippines if you have the $$$$.

@MN12warbird Год назад

Very helpful. Thanks

@TheSavvyExpat Год назад

you got it!

@ebanggm Год назад

I agree on on this video…. Great Job 👏. Thanks for the info.

@808pera6 2 года назад

In my lifetime, I have lived in eleven states in the US, Northern Indiana my first (near Chicago) and Hawaii being my last. I still own a couple homes on Oahu. My late Filipina wife of forty-one years and I had returned to the Philippines for our retirement in 2015. I enjoy living here because the culture is unique, unlike any of the sixty-three countries I have visited in my lifetime. I am a permanent resident and presently remarried to a beautiful young Filipina that cares for me the same way my lovely late wife did. I can certify that the Filipina makes one of the best wives in the world.

@MN12warbird Год назад

I am in Chicago now and want to do the same

@jl1d_5 Год назад

Glad to hear that

@The-Contractor 9 месяцев назад

Agreed. Filipinas are easily the best Women in the world. I've lived in a few countries excluding my home country, the USA. Never encountered any Woman like my wonderful Filipina.

@LR-je7nn 2 года назад

I played tennis with Jimmy Connors at Jones' Park in East St Louis Illinois. Twenty years ago I was down there and you could barely tell they use to be tennis courts.

@LR-je7nn 2 года назад

He lived on 71 street just north of State Street and had a clay court in his backyard.

@TheSavvyExpat 2 года назад

Awesome!

@ChiTownVids 2 года назад

Barry & Peter here from Chicago. I recently found your Channel...dude, you're impressive. I don't know your exact age, but you are definitely wise and smart. We will be in BGC JUNE 24-27... I would like to buy you lunch and chat about our pending move to the PI. Take care, and keep up the good work.

@TheSavvyExpat 2 года назад

Hey Barry and Peter. Would love to meet up with you guys. You can check out this free guide I made for moving to BGC to help you navigate - dedicated-inventor-8723.ck.page/50a886fbc8 If you enter in your email in the link, I'll be send you guys more info on BGC and we can get in contact. Take care guys.

@Kristopher342 Год назад

Great upload very informative thank you

@danielalonzo7445 2 года назад

I live in Southern California and live within minutes of the Mexican border but would never move back to Mexico because if you ever get sick it would be expensive for medical care.

@scottpool4777 2 года назад

Yes definitely I am definitely going to live in the Philippines in four months my wife is excited.IIigan City definitely there’s no other place for me to live in the Philippines God bless🇨🇿

@TheSavvyExpat 2 года назад

God Bless Scott

@methemonkeyking 2 года назад

Iligan City is very beautiful

@expat8460 Год назад

Loving your videos

@TheSavvyExpat Год назад

Appreciate that!

@sfrealestatedealmaker6001 2 года назад

Well made video 🎉

@TheSavvyExpat 2 года назад

Thanks

@JJthelonelybullinasia 2 года назад

Need to do an update of condo rentals in BGC. I'll be moving there in 3 weeks.

@Infj6569 2 года назад

That was a really good pitch to move back to the Philippines. Well said, well presented, clear and concise reporting! Still and all, there are many factors to consider retiring in the country of my birth. Thanks so much for information I didn’t have.

@graceweber2822 2 года назад

Thank you for the concise information of socioeconomic classes in Phils. Me, staying put in California.

@bilalmega3349 2 года назад

Sweet! I'm on the way 💳💸💰

@MrWaterbugdesign 2 года назад

I see many foreigners living way beyond their means in the Philippines. Doing exactly the same as they've done their entire lives living paycheck to paycheck, saving nothing. They love the low rent and think that will last forever. It may last, it may not.

@georgeacenas2349 9 месяцев назад

Words of wisdom, failure to plan means plan to fail

@thnaykhwam2425 2 года назад

True Savvy with our foreign cash life can be very comfortable even living in d City area, like Manila . Whilst in business der, l stayed 7yrs+ in Manila area even in exclusive sub divisions , more for security reasons and quiet environment but damned it cos of just 10 or so called trusted personalities then l left Philippines disappointed and financially drained but until now I still crave to return der asap , coz l still love d Philippines , actually more than locals , dying to leave their homeland chasing their dreams abroad .Barring all those business heartache , l have also met many kind , trustworthy Filipinos (meaning both sexes ) , hardworking but lacked capital for them to embark on any business or to enhance or augment their monthly income . Walang pera daw Kung gusto negosyo. (Literally means no money to start / venture into business ).Sana@hopefully , l will b able to Holiday der again for at least a year or two and maybe lend a hand to a couple of such loyal friends , to venture into small business , if needed . At d tailend of life , money is not priority anymore , though useful. That's where empathy supercedes greed . In short, count our blessings and continue doing something worthwhile for others . 🙏🙏God bless . Thanks Savvy as l watched u and ur video , suffice to say u r a very responsible son , not only filial but brainy too. U have a bright future in ur parents homeland . Not necessarily , d grass is always greener , in d country u were brought up as a " baby " or during ur early teenaged years. Philippines might have alot of challenges in terms of socio economics , but still ur motherland will welcome and embraced u like their own son...l'm as old as ur parents if not older more... l have gone thru alot in life both sweet and bitter but I persevered , with d sense of survival and an open heart/open mindset . Go with d flow as long as it's not contradict to ur principals and dignity . Compassion and dignity r d keywords . Not greed and arrogance ... 🙏🙏♥️

@ianboniface7215 2 года назад

Good & nice info

@elliottschertzer876 2 года назад

Thank you Evan take care

@TheSavvyExpat 2 года назад

You too Elliott

@ram.1894 2 года назад

Good content, i just hope this doesn't inspire dollar earners from other countries to move here and make everything more expensive than they already are for the locals. Note that foreigners buy properties bec it's "cheap" for them, but it can make property prices even more impossible for Filipinos who earn a mere 600usd a month.

@gregorybrown6739 2 года назад

It is important to know that under 97.5% live with incomes under $1,535 per month. (2015 data). If you have $2,000 per month, the government doesn't put you on the rich scale, but 97.5% of the people do. Also 58.4% earn less than $420 per month (2015). This data has changed, but it is close because of the drops from the pandemic.

@daviddupree1155 2 года назад

Very informative

@danibina2395 2 года назад

Love the content and you speak good english too❤️

@Michael_Skinner 2 года назад

Love today's video. I have been going back and fourth with the idea of living in the Philippines and Thailand. Every country has it pro and cons. However, it seems that the Philippines is more expat friendly. I could see myself living in BGC. My question is : How far is it from BGC to a beach? On google maps I don't see much near by for beaches. - Thanks

@SelwynClydeAlojipan 2 года назад

The quick answer is that any good-enough beach or mountain hideaway is from 2 to 4 hours away from Metro Manila, whether you take a bus, car, or airplane. There are some hidden gems or resorts that are as close as 0.5 to 1 hour away by car, especially if you're based in Cebu City, Davao City, Iloilo City, Bacolod City, Angeles City, Tagaytay City, or Cagayan de Oro City.

@TheSavvyExpat 2 года назад

The good beaches are bout 2-4 hours away as Selwyn said. If you'd like here's more free info I made about moving to BGC - dedicated-inventor-8723.ck.page/50a886fbc8

@Michael_Skinner 2 года назад

@@TheSavvyExpatThank you

@Michael_Skinner 2 года назад

@@SelwynClydeAlojipan thank you

@fruitloops3718 2 года назад

You don't live in bgc for the purpose of going to the beach. If you live in bgc you take weekends and stay at resorts at the beach.

@PrinceofPeace2000 2 года назад

I live in Sydney and I'm constantly paying for mark up prices. I never knew that there are way too many names of taxes other than just plain tax.

@homeygumi Год назад

don't know why your vid popped, foz it's not my genre but I watched it anyway and I liked it...it's very informative ☺️☺️☺️

@TheSavvyExpat Год назад

I appreciate that!

@spellerlittlewing 2 года назад

Great video

@rodiellveloso326 Год назад

If you go to the provinces, the salaries get even lower. I know people who work in food service (cashier, cook, etc.) who earn below 200 USD.

@emmiearches2137 2 года назад

Good content ! Just thought you missed that 2500 - < 4000 bracket which should be the upper middle class, 2500 is only mid class. I’m a certified Finance profl here working for an US company subsidiary so I appreciate your fact-based content

@TheSavvyExpat 2 года назад

Good point Emmie. Thanks for watching