October 31st, 2008
I encountered this nice website called Good News Pilipinas. It is a website that gives us nice news about the Philippines. Achievements of some Filipinos abroad and more. Here’s one of the good news that I want to share here.
Tagaytay City is one of the top five retirement havens in the Philippines as cited four foreign trade chambers – European, American, Japan and Korean Chamber of Commerce.
The enclave south of capital joins Manila, Subic, Cebu, and Dumaguete in the list of the most preferred choices of local and foreign retirees.
The citation is a testament of Tagaytay’s unique characteristic and comparative advantage over other places in the country, a city official said.
Its advantages as a retirement haven include its peace and order, cool climate, scenic view of the Taal Volcano, proximity to Metro Manila, and abundance of housing facilities, recreational and leisure sites, religious institutions, and retreat houses.
The Tagaytay local government lauded the citation by the foreign chambers and vowed to work in partnership with them, as well as the Philippine Retirement Authority, in the efforts to promote the entire country as a retirment destination.
The recognition, he said, inspires the people of Tagaytay to continue efforts aimed at preserving the “rural charm” of the city. This would ensure that it is truly a retirement haven, he also said.
The retirement industry has been growing over the years due to changes in global demographics with the rapid aging of the world’s population, officials said.
This demographic trend offers an opportunity for the Philippines as it offers a comprehensive retirement program to serve the needs of foreign retirees.