Earning a Living in the Philippines

[Jollygoodfellow]

44 minutes ago, Papa Carl said:

unless I live in Canada for 2 years before applying and must reside in Canada for more than 6 months of the year.

Sounds like Australia 

[Dave Hounddriver]

10 hours ago, bob1965 said:

Are you sure cpp has residency requirements?

I am sure it does not have residency requirements, which is why I only mentioned OAS and GIS in my post.

EDIT:  The OAS and GIS could easily furnish some of us low income old timers with an extra $1,000 a month IF married and a resident in Canada.  I did the math and decided that pays for a plane flight to the Philippines and back once or twice a year, if i feel like going.  

But it is not for everyone.  You need a low cost option in Canada which I happen to have available to me.  Not everyone is so lucky.  

Edited April 20, 2020 by Dave Hounddriver

[bob1965]

Ok, good to know.
6 months in canada is a month more than I was planning. But by 65 I might be good with that. On a side note, I’ll be taking the reduced cpp  and collecting at 60. I’d rather get less when I can enjoy it more.

second side note. I should have arrived in Manila yesterday. Instead I’m at work. I hope this doesn’t last too much longer or It’ll be next year before I get back.

[RBM]

13 hours ago, Jollygoodfellow said:

Sounds like Australia 

NZ is 5 Years

[Jollygoodfellow]

12 hours ago, bob1965 said:

second side note. I should have arrived in Manila yesterday. Instead I’m at work. I hope this doesn’t last too much longer or It’ll be next year before I get back.

That's certainly a big possibility. 

[GeoffH]

6 hours ago, RBM said:

NZ is 5 Years

I read that Australia is 10 years you have to live there (not total years, they mean the previous 10)  in order to qualify.

6 months and 1 day in Australia (per tax year) qualifies as residency (at this point in time).

 

Edited April 21, 2020 by GeoffH

[AusExpat]

49 minutes ago, GeoffH said:

I read that Australia is 10 years you have to live there (not total years, they mean the previous 10)  in order to qualify.

6 months and 1 day in Australia (per tax year) qualifies as residency (at this point in time).

From looking at it last year you get a percentage of the pension depending upon how long you were in Australia for during your working ages (even if you were on the dole the entire time), for me as I left Aus quite young still I'd only get about 50% of the pension when I am old enough and I'd have to live there full time for two years before I applied, then as you said 6 months + 1 day a year to continue to qualify. Add in the uncertainity of what will happen in the next 10-20 years for when I would qualify to retire......

This is why I ended up investing here, I'd rather just provide for myself than have to try living in Aus half the year on a half pension.

 

Just reading the https://www.servicesaustralia.gov.au website, it all seems to have changed again. 

Edited April 21, 2020 by AusExpat

[Jollygoodfellow]

38 minutes ago, GeoffH said:

I read that Australia is 10 years you have to live there (not total years, they mean the previous 10)  in order to qualify.

6 months and 1 day in Australia (per tax year) qualifies as residency (at this point in time).

 

The last time I checked if an Australian born resident has not lived there in Australia for some time then must live in Australia for 2 years before being eligible to apply for the pension.  If you remember now deceased member Chris, that was also what he needed to do to return to Australia to live there for 2 years but never got the chance.

I'm not talking about what makes you a resident Im talking about claiming the pension when not living there for sometime.

Not sure how we gt onto this subject when topic is "earning a living in the Philippines" but seems if I can beat them I may as well join them  

[Papa Carl]

My view was that if I can get 500 USD a month out of the UK Government, and another 500 USD a month out of the Canadian Government and attach it to my Philippines payments for the past 10 years, then this would be an additional 1,000 USD on top of the 2,000 USD a month I earn from teaching on line. If I can work another 10 years teaching I could have saved 120,000 USD which would provide for my wife and children after I am gone.

I absolutely enjoy teaching on line. I only teach adult professionals, Doctors, Lawyers, ex Presidents of a European Country, senior VP of one of the top companies in Korea etc. Some of my students I have been teaching for almost 5 years. At first they booked two or three sessions per  week, once they finished my curriculum, they booked one lesson a week for maintenance as they do no live in an English speaking environment. They really want to learn and work hard at doing so, I do not like teaching young people, primarily because they usually have no desire to learn, it is their parents or relatives that want them to learn. I do not have the patience to teach them!!! Therefore I have no young students.

My time is just as important to me, and their time is important to them.

I work when I want, teach who I want, I teach what I want and charge as much as I want..., and I do it all from the comfort of my home. The only thing left is for me to find a nice house by the Ocean and teach from the front porch of my home.... Not a Bad life style...., kind of my idea of Utopia when I was younger. 

Both the UK and Canadian Governments have extended my application by just over 1 year, so I can not collect until I am 66. However once this is done, I can claim a one off payment from my Philippines pension, which would be nice. Maybe take a short holiday. I do not live like a King, but I want for very little and live in a western style built house.

So many people have asked could they survive here on less than 2,000 USD per month. Well we have for the past 10 years. There are five of us, including my wife's mother who lives with us, and we live quite well, better than we would in Canada or the UK.

I turn 65 this year, so just a little longer and it may all happen as planned.

 

Papa Carl

[GeoffH]

16 hours ago, Jollygoodfellow said:

topic is "earning a living in the Philippines" but seems if I can beat them I may as well join them  

Is how to 'claim a pension' while living in the Philippines part of 'earning a living' in the Philippines or not? 

I guess technically a pension isn't 'earned' but I've always thought of it as something you earned whilst working.

Sorry if I went off topic, it wasn't my intention.