Would I live in the Philippines if I was stinking rich? No, I wouldn’t.
Perhaps the primary lure of the Philippines to foreigners is the cost of living. If however, you were so wealthy that the cost of living was not a concern, the Philippines would probably not be on your short list of ideal locations. I know I wouldn’t be here.
The Philippines has subpar infrastructure, customer service, and largely unattractive cities. Even if you are rich, you can’t escape it. It starts at the airport when you land. (My recent experience is limited to Mactan airport.) When you head to
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