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Retirement nightmare
The Philippine Star
|March 15, 2025
EDITORIAL
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The mission of the Philippine Retirement Authority has become so much harder these days.
Mandated to promote the country as a retirement haven, the PRA managed to attract foreign retirees to one of the country's top travel destinations, Baguio City. The foreigners were issued non-immigrant, multiple-entry special resident retiree's visas by the PRA, which allow them to stay indefinitely in the country.
They invested in condotels at Camp John Hay. Some of them have been residing at John Hay since 2014. They were stunned when government personnel backed by police showed up one day and told them they had to vacate the premises, following the victory of the Bases Conversion and Development Authority in its legal battle with Camp John Hay developer Fil-Estate Management.
This story is from the March 15, 2025 edition of The Philippine Star.
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