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Bohol is a tropical paradise located in the Central Visayas region of the Philippines. With its stunning beaches, lush countryside, and friendly locals, it's no wonder why Bohol has become a popular destination for retirees.
In this guide, we will provide you with everything you need to know about retiring in Bohol, including the cost of living, healthcare, housing options, and activities to keep you busy during your golden years.
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One of the main reasons why Bohol is attractive to retirees is its low cost of living. Compared to other retirement destinations in Southeast Asia, such as Thailand and Malaysia, Bohol is relatively affordable.
You can live comfortably on a budget of $1,000 to $2,000 per month, which includes rent, utilities, food, and entertainment.
The cost of housing varies depending on the location, size, and amenities of the property.In general, you can rent a furnished one-bedroom apartment for $300 to $500 per month, or buy a house for $50,000 to $100,000.
Healthcare is a major concern for retirees, and Bohol has a decent healthcare system that can provide basic medical services. There are several public and private hospitals, clinics, and pharmacies in Bohol, with competent doctors and nurses who speak English.
However, if you have a pre-existing medical condition or require specialized care, you may need to seek treatment in a bigger city like Cebu or Manila. It's important to have health insurance that covers medical expenses in the Philippines, as healthcare costs can add up quickly.
Bohol offers a range of housing options for retirees, from apartments and condominiums to houses and villas. You can choose to live in the city center or in the countryside, depending on your lifestyle preferences.
Renting is a good option if you're not sure how long you want to stay in Bohol, while buying a property can provide you with a permanent home and an investment.
Bohol is not just a beautiful place to live, but also a vibrant community with plenty of activities for retirees. You can join social clubs, volunteer organizations, and fitness groups to meet new people and stay active.
Bohol also offers a wide range of outdoor activities, such as hiking, biking, swimming, and diving. You can explore the island's natural wonders, such as the Chocolate Hills, Tarsier Conservation Area, and Hinagdanan Cave.
You can also indulge in local cuisine, attend cultural events, and learn new skills, such as cooking or dancing.
Bohol offers retirees a peaceful and affordable lifestyle in a tropical paradise. Whether you're looking to escape the cold winters, stretch your retirement savings, or simply enjoy a new adventure, Bohol has something for you.
By following this Bohol retirement guide, you can plan your transition to retirement and make the most of your golden years.