A drone image of the couple's home, which is located on a mountain.
A drone image of the couple's home.
  • Greg and Wilma Maroney moved from New York to the Philippines in 2021.
  • The couple put together a 10-year plan that led them to build a sea-facing dream house for $140,000.
  • "Your retirement dollars are stretched here in the Philippines," Greg said.

After Greg Maroney's fourth trip to the Philippines with his wife Wilma, he knew it was where he wanted to retire.

"I fell in love with the Philippines from the very beginning," Greg, 56, told Business Insider. "It was kind of an ember from the first trip, and every time I came back, I fell in love with the culture even more."