I am a retired U. S Marine & soon to retire from civil service. wife & I are going to live in philippines. what type visa do i need to not to have to come back to USA every year. What bank is best to have both my retirement checks sent to-one in the P.I. or do I stay with the navy federal credit union? I looking for easy access to my money. We are also looking for someone we can trust to build us house there that is honest, reliable and professional any help would be much appreciated. Thanks!!!Hi Morris, No problem, I’d be happy to give my opinion on your questions. Firstly, regarding visas… You will never have to go back to the USA every year, no matter which visa you use to come here. If you are simply staying on a tourist visa, you are required to leave the country once every 16 months, but you will never have to go back to the USA at that time. Much easier and less expensive to just take a quick trip to Hong Kong, Thailand or some other nearby country, then return to the Philippines after a day or two. But, if you want a longer term visa, that is possible too. You did not mention, is your wife a Philippine Citizen, or a former citizen of the Philippines? If so, you can qualify for a 13(a) or 13(g) visa, which will give you the ability to live here permanently. You will never have to leave. If your wife is not Filipino, then you won’t be able to get a 13 series resident visa. However, you could then get an SRRV (Special Retiree’s Resident Visa) to stay here permanently, although the costs involved for that are much higher. On the banking, what I would recommend is to stay with the Navy Federal Credit Union, keep your retirement funds going in there via direct deposit. When you get here, open a local bank account (personally, I like Union Bank or BDO) and move enough money in there once a month to cover yourself for a month. Having a US banking presence is a good idea, and I recommend that you keep it. Hope this helps, Morris!
Today, I got an inquiry from Morris, a Marine retiree. Here is Morris’ e-mail: