Philippines pushes for retirees to settle in the country to boost economy


Skift Take

A slew of countries are now pushing to lure European and U.S. retirees as the economies falter in the Western world. Of course Thailand has been doing that forever.

Philippines has attracted 25,000 foreign retirees since 1985, according to the government's retirement authority. It stepped up recruitment of expatriate retirees in 2006 in an attempt to boost the ec