The Philippines Special Resident Retiree's Visa (SRRV)

The Philippines Special Resident Retiree's Visa (SRRV), also known as Retirement Visa, is a non-immigrant visa for foreign nationals to reside, work and conduct investment activities legitimately in Philippines. Applicants can obtain a 1-year renewable identity card and a visa with permanent validity through making a deposit of USD 20,000.

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Key Features

Why choose The Philippines?

Time to permit

3-4 months

Residency requirement

No residency requirement

Taxation

No Import Tax

Established time

Program launched in 1985

Investment Options

Choose the path that suits you best.

Age Requirement

Main applicant must be 50 years old or above.

Standard Deposit

USD 20,000 in fixed deposits for a family of three applicants.

Additional Family Members

Additional USD 15,000 required for each person starting with the fourth family member.

Pension Proof Option

With proof of pension (Single: USD 800/month; Couple: USD 1,000/month), deposit can be lowered to USD 10,000.

Other Requirements

All applicants must have no criminal record and be in good health.

Program Benefits

Benefits of acquiring residency.

1

Easily-met Requirement

No requirement on source of funds, English proficiency, education background or management experience.

2

No Residency Requirement

No residency requirement for maintaining the status.

3

Short Processing Time

Direct access to permanent residence with total processing time of 2-3 months.

4

Lowest Cost

Only USD 20,000 deposit required for a family of up to three members. Net cost for single person approximately USD 10,000.

5

Indefinite Stay

Indefinite stay in the Philippines with multiple entries.

6

Healthcare Benefits

Entitlement to PHILHEALTH benefits & privileges.

7

Retirement Destination

Warm climate all year round, beaches and low cost of living.