Tuesday, May 19, 2026
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Philippines rising as top retirement, tourism hub

The Philippines is fast emerging as a leading destination for retirees and tourists, praised for its friendly people, affordable living, and scenic beauty, the Commission on Filipinos Overseas (CFO) said.

CFO Secretary Dante “Klink” Ang II and Philippine Retirement Authority CEO Roberto Zozobrado said the Special Resident Retiree’s Visa (SRRV) program is attracting thousands of retirees and returning Filipinos.

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Ang said the country offers comfort and community, adding that Filipino warmth and hospitality make it truly unique. The SRRV provides long-term residency, tax incentives, and healthcare access for foreign and former Filipino citizens.

Retirees from the US, Canada, Europe, and Asia are choosing Metro Manila, Cebu, and Dumaguete as preferred locations. The government plans to build more retirement and assisted-living facilities to support them.

Over 61,000 SRRV holders now contribute to the economy, and officials hope to attract more retirees to strengthen local communities and make the Philippines a global retirement hub.

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