Lucena City as a Retirement Destination: A Capacity Modeling
Area of Research
Abstract
This study is aimed to determine the factors that contributes in transforming Lucena City as a foreigner's retirement locality-of-choice. A survey instrument was given to the foreigners who have chosen Lucena as their retirement city in order to solicit their perceptions on coming to a decision to retire in the city. While, secondary data concerning governmental policies on attracting foreign retirees to relocate here in the Philippines were also collected from the Philippine Retirement Authority. Analysis of data revealed four contributing dimensions; i.e. peace and order, healthcare facilities, taxation and leisure.
Keywords
retirement
retirement investments
senior citizen migration
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APPLIED TECHNOLOGY, SCIENCE , INDUSTRYBUSINESS, ECONOMICS AND INDUSTRY 4.0 RESEARCHBUSINESS, INDUSTRY, LIVELIHOOD and FOOD SECURITYCOMMUNITY DEVELOPMENT and SOCIAL SUSTAINABILITYEDUCATION 4.0 AND WORKFORCE 4.0 RESEARCHEDUCATION and EDUCATION MANAGEMENTENVIRONMENTAL CONSERVATION, PROTECTION and DEVELOPMENTENVIRONMENTAL PROTECTION, DEVELOPMENT, AND CONSERVATION RESEARCHHEALTH and WELLNESS PROGRAM DEVELOPMENTHEALTH RESEARCH, DEVELOPMENT, INNOVATION AND EXTENSIONHUMANITIES, ARTS, CULTURE and TOURISMLEGAL, LAW ENFORCEMENT AND CRIMINOLOGY RESEARCHPOLITICS, SOCIETY, AND CULTURE RESEARCHTECHNOLOGY, ENGINEERING, AND INDUSTRY 4.0 RESEARCH