For some, moving to retire in another country is an option which has been successful in the past with Spain, Portugal, Mexico and Puerto Rico being among some of the more popular destinations. But why not consider retiring in the Philippines? The Philippines offers a significantly lower cost of living. The Philippine Peso (PhP) exchange rate is approximately PhP 48 to $ 1.00 or PhP 96 to 1 Pound [Sterling (GBP)]. A New Type Of Philippine Real Estate Investment part2.