Retirement village for foreign nationals, Pinoy expats to rise in Batangas

The Philippine Retirement Authority has launched its flagship project in Nasugbu, Batangas aimed at foreign nationals and Filipino expatriates who wish to retire in the country.

President Arroyo personally inspected the model residential units within the Imperial Silver Town Retirement Village in Barangay Kaylaway, Nasugbu, a retirement community developed by Korean firm Se Hyun Development Inc.

The community is situated within the 1,300- hectare Nasugbu Highlands and is described by the PRA as a fully integrated master planned project focusing on ecotourism and medical tourism.

According to PRA chairman Edgar Aglipay, the Imperial Silver Town Retirement Village has a total land area of 35,100 square meters and has among its features retirement villas, condominium buildings and amenities such as a spa, gym, health clinic, tennis court and swimming pool.

The development, apart from being promoted as a retirement community, is also a tourism project developed by the PRA with its private-sector partners. – Marvin Sy