Monday, May 10, 2010

Samal as retirement haven

This second class city with a population of 82,609 people (as of the 2000 Census) is already an established vacation site thanks to its white sand beaches with 118.5 kilometers of continuous coastline and pristine clear waters. However, the island city may just end up in the world map once again as a retirement haven.

“That’s part of our vision ----to be a retirement haven,” Island Garden City of Samal information officer Noel Daquioag said.

The Philippine Retirement Authority is also confident about the potential of IGACOS as a haven for retirees. Daquioag said “the agency is active here and they have been talking to foreigners, usually married to Filipinas, encouraging them to invest here in Samal.”

“There have been initial talks about signing a Memorandum of Agreement with the local government since last year and we hope to continue with that after the elections since this is a busy season,” PRA regional chief Jaime Llanes said.

Llames said the MOA primarily consist of talking points declaring Samal as a retirement destination especially for foreigners. It is a very strategic area for retirees and some of them have already settled in the area, he added.

Most of the retirees prefer the tropical weather of Samal with temperatures normally ranging from 26.9 degree Celsius to 33 degree Celsius at this time when it’s really very hot.

Samal is deemed a coastal paradise with five major urban area namely Penaplata in Samal District, Villarica and Pichon in Babak Disitrict as well as Sta. Cruz and Poblacion in Kaputian District.

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