The Philippine Retirement Authority (PRA), is driving to make Davao City the focal retirement destination in Mindanao. In a press conference held on December 17th, PRA chairman Edgar Aglipay announced the intention of the PRA to forge an alliance with Davao's housing, recreational, medical and healthcare developers. This important move will develop an integrated retirement facility in the city, attract more retirees to join the program, and focus Davao as one of the top destination of foreign retirees in Asia.
Who is PRA? It is a government owned and controlled corporation, under the jurisdiction of the Board of Investments (BOI) from the Office of the President. Its mandate is to attract foreign nationals and former Filipino citizens to invest, reside and retire in the Philippines thereby contributing to the foreign currency reserve of the economy. Its mission is to provide excellent and world class services centered towards customer-valued quality of life that is easy, pleasant and beneficial to foreign retirees and global Filipinos, as a channel of accelerating the socio-economic development of the country.
By becoming a member, one can access several of the services and facilities the PRA provides, such as:
- SRRV program - read my related post.
- Active Living facilities - their member's accredited retirement facilities is the only retirement program in the world that have nine components integrating housing, healthcare, insurance, lifestyle services, transportation, safety and security, finance, human resources and management. International standards were given ample consideration in the accreditation process.
- Assisted Living Residences - provide accommodation, varying levels of care and supportive services in a home-like, residential setting. Services typically include meals, social and recreational programs, 24-hour supervision, laundry and housekeeping services, supervision or administration of medications and varying degrees of assistance with the activities of daily living such as bathing and dressing. Nursing services may or may not be provided.
- Retiree Services and Assistance - this includes:
- Meets and greets - the PRA provides airport shuttles on a first-come, first-serve basis.
- 24/7 hotline
- Assistance in obtaining basic government documents/requirements
- Merchant discounts
- List of hospitals and doctors
The satellite office in Davao City will serve as a conduit between PRA and its members, it will bring the PRA much closer to its members.
Mr. Jaime B. Llames
Officer-in-Charge (OIC), Davao Satellite Office
Address: DTI-NERBAC, Monteverde st., Davao City
Cellphone No. : +63928.551.0954
Email : davao@pra.gov.ph
PRA is poised to enter into a Memorandum of Agreement (MOA) with directly concerned sectors in Davao to come up with integrated facilities that can provide basic services to both foreign and local retirees in terms of housing, health, entertainment, sports and tourism. In a move to match other countries in offering a "one-stop-shop" integrated sercvies to foreign retirees, Aglipay has noted that their strategy is to first declare focal areas for the development of these services and Davao will be the focal area for the Mindanao region. "If we are not ready to provide the services which the retirees' need, then they will not come to us," he added.
For more information about the PRA, click 