Budget of p72,000 pm. Enough?

[Jack Peterson]

9 minutes ago, topcat72m said:

We cannot afford to leave the EU. 

I think the same but just now, in the inbetween it is not all Bad. I worked in the Eurozone for many years and Suffered, now I will make hay while the Sun Shines. It will come right I am sure. Having said that I  have Interests in Europe still that i just hope will fair well One would hope we do come out as we went in. STABLE ( well as stable as we can expect) 

[earthdome]

On 5/30/2017 at 2:39 AM, topcat72m said:

Thank you all for the response. Im not US military so no tricare. Im currently healthy although i do take cholesterol meds. The lowest dose. 

Ill have a small gratuity when coming i hope to buy a condo with. Approx p2,000,000. I will wait until i see a deal going. But at same time i will buy within a year as otherwise ill blow it. 

 

Yes. I will have to save something for getting back once a year. Im ( some nationality ) so back to ireland. 

 

I still pay maint for one child here so when that is done my funds will increase a little. 

 

Quite nervous but exciting at the same time. 

Look into the SRRV visa. This is a visa for retiree's. This can reduce your expenses for visa's. Especially for former military.. the required bank deposit and annual fees are greatly reduced for former military.

[popeye72 ]

26 minutes ago, earthdome said:

Look into the SRRV visa. This is a visa for retiree's. This can reduce your expenses for visa's. Especially for former military.. the required bank deposit and annual fees are greatly reduced for former military.

I think that is more geared to US military. I looked into it a little and all information reffered to US military. But maybe ill find out more closer to the time. 

[Gary D]

I believe the condo market is massively over-heated and can't last, I can see it doing a Spain in the not to distant future.

[popeye72 ]

2 minutes ago, Gary D said:

I believe the condo market is massively over-heated and can't last, I can see it doing a Spain in the not to distant future.

Now that would be convenient haha. 

[Dave Hounddriver]

13 hours ago, topcat72m said:

I do have a mortgage that would have to be paid from any rent so its not straight forward.

There's a red flag.  Many of us have found that renting from halfway across the world has more than its fair share of problems and if you MUST pay the mortgage from the rent then you have no time buffer to take care of problems with tenants that will come up. It all sounds good until your property management company contacts  you in Cebu and says:  Your tenants moved out and left more than the normal amount of damage.  You will have to send some money to deal with it and it will be 6 months or so before it is ready to be rented again. (Or something similar)

[popeye72 ]

I agree Dave. Its not perfect. 

[Jack Peterson]

1 hour ago, topcat72m said:

I agree Dave. Its not perfect. 

What is not perfect? it would be nice if members actually posted the Post they are relating to

Yes some days and today is one of them I can be a little exact. I think we should be letting everyone know just what we mean 

[Dave Hounddriver]

1 hour ago, Jack Peterson said:

What is not perfect? it would be nice if members actually posted the Post they are relating to

Your advice to quote the post (or portion thereof) that is being replied to is good.  I assumed the Op was agreeing that the situation was not perfect when I pointed out:

. .  Many of us have found that renting from halfway across the world has more than its fair share of problems . . 

I hope topcat will confirm or deny my assumption 

[popeye72 ]

14 hours ago, Dave Hounddriver said:

There's a red flag.  Many of us have found that renting from halfway across the world has more than its fair share of problems.

This is what i was referring to.