Tuesday, March 04, 2008 [ sunstar.com.ph ]
CHEAPER real estate and health care will lure Japan’s retirees to the Philippines, but cities that want them to stay long-term will need to meet their high standards for safety and cleanliness.
“Tourism may serve as a pull factor, by providing information about amenities and support facilities,” said Cherry Lynn Rodolfo, who presented at the University of San Carlos last week her paper on “Developing the Japanese Tourism and Retirement Markets: JPEPA and Beyond.”
Once the Japan-Philippines Economic Partnership Agreement (JPEPA) takes effect, up to 100 percent foreign ownership of hospitals will be allowed as long as paid-up equity capital amounts to at least US$200,000. Foreign nationals may be employed, although JPEPA’s critics say that negotiators have failed to win equal terms for Filipino health care workers as those secured by other countries that signed EPAs with Japan. > > > [ full story ]
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“Tourism may serve as a pull factor, by providing information about amenities and support facilities,” said Cherry Lynn Rodolfo, who presented at the University of San Carlos last week her paper on “Developing the Japanese Tourism and Retirement Markets: JPEPA and Beyond.”
Once the Japan-Philippines Economic Partnership Agreement (JPEPA) takes effect, up to 100 percent foreign ownership of hospitals will be allowed as long as paid-up equity capital amounts to at least US$200,000. Foreign nationals may be employed, although JPEPA’s critics say that negotiators have failed to win equal terms for Filipino health care workers as those secured by other countries that signed EPAs with Japan. > > > [ full story ]
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