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WELCOME TO NORTHERN SAMAR

Clean, unspoiled, unexplored, hidden paradise

Welcome and thank you for visiting this news page of warm paradise. We bring you news about development in Paradise Village and the Province of Northern Samar. We also bring you news about real estate development in the Philippines and trend of retirement or migration of retirees of seniors from countries all over the world to the Philippines. News about environment protection will be featured also here. Visit here more often and keep in touch. Full context of the news is found in our blog. Other stories are accessible from the articles' clickable links outside of this site. Outside clickable links are not guaranteed to be found by your browser as some sites remove news that are old and they regularly refresh entry in their dynamic news content. Hence, I urge you to visit this page more often. We are not in the business of making news. But in this page we want to be a doorway to your retirement and vacation news and articles.

May 3, 2008: The article in the following link will show you some information about Philippines retirement plan. Though employment compensation and employee benefits in the Philippines is way too low compared to those in the rich country, this retirement plan is basically enough for a Filipino employee to survive in his/her senior age. The median salary for an employee working in a multi national company in the Philippines is $400.00 a month. With a combined retirement plan based on this article a Filipino can retire a good life. Now compare to that if you retire in the Philippines bringing with you $1,000.00 a month of retirement benefit distribution. It is a no brainer. But wait, $1K a month is way too low for a US or European employee who earns a median income nowadays. I spoke to an American civil servant. He said his retirement benefit will be a minimum of $2,000.00 a month. If you live like a king in the Philippines for $1,000.00 a month, do the math for $2K a month. With gas prices shooting through the roof, food prices as well, don't you think retiring in the Philippines is worth exploring? For Philippine retirement plan please follow the link: http://www.watsonwyatt.com/asia-pacific/localsites/philippines/news/retirement_maylene.asp Figures in this article are in Philippine Pesos. The exchange rate as of this writing is $1.00=Php41.15 based on the exchange rate at Philippine National Bank in New York.

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