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Japanese Retirement Village in the Philippines

The Philippines is being eyed as a prime medical, health care and retirement destination for Japanese. According to studies, one out of four people in Japan will be aged 65 by 2020, from one out of six in 2000. Now is the best time to set up the retirement village for Japanese as baby boomers will start retiring in 2007.

Several notable Japanese companies have already initiated building medical and retirement havens in the Philippines. These include Sanyo Emeritus Co. Ltd., a joint venture between Sanyo Electric and Emeritus Corp. of Seattle, which provides "assisted living" services in the US and Canada; as well as Tokushukai Medical Corp., Japan's largest hospital chain, which is putting up a $100 million, 1000-bed hospital in the Philippines, targeting elderly Japanese citizens.

The Philippines is highly regarded because of its mild climate enjoyed by Japanese, its close proximity to Japan, the high quality of the Philippines' healthcare workforce, and the significantly lower cost of living.

Cost of living in Japan is 60 percent higher than in the Philippines. This means the retirees can enjoy their pensions more than those staying in Japan. By moving to the Philippines, they can spend half of what they would pay for rent at home in Japan and live in seaside resort mansions with guards, swimming pools, tennis courts and spacious bedrooms.

We are currently looking at developing our 100-hectare premium property into an exclusive Japanese retirement village. The property is located right beside a premier golf and leisure estate having four (4) 18-hole championship golf courses designed by the world renowned golfers, Isao Aoki, Andy Dye, Nick Faldo, and Greg Norman and is frequented by many Japanese executives and businessmen.

The prime property is only 15 minutes away from two major commercial malls as well as leading universities. It is conveniently located midway between Makati, the financial and urban center of the Philippines, and popular tourist destinations such as Tagaytay, Batangas and Laguna. Retirees will be half an hour away from the cool highlands of Tagaytay which overlooks the famous Taal Volcano and Taal Lake; an hour away from the beaches and famous diving spots of Batangas; as well as the mountains, hot springs, and lakes of Laguna.

We envision the Japanese retirement village to be a place where retirees can keep an active, meaningful, and fruitful lifestyle with modern houses and amenities, sports and recreational facilities, medical, health and care-giving services, educational, training and business centers. The retirees will be able to participate in many programs and activities such as gardening, cooking, ballroom dancing, pottery making, painting and other activities.

We are looking for a Japanese partner who would like to go into a joint venture to develop our property into an exclusive Japanese retirement village. We are looking for a partner who can handle the sales and marketing of the project in Japan and who would provide conceptual designs and specifications according to the preferences of the Japanese market.

Interested companies/investors may send their letter of intent and company profile to us. Please see "More Info." for our company profile and contact details.

Source: Japan External Trade Organization

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