Philippines Retirement Visa – Special Residence Retiree’s Visa Program

The most cost-effective retirement immigration program worldwide, offering children the opportunity to take the overseas Chinese entrance exam for seamless access to top schools.

Processing Time

2-4 months

Status Type:

Permanent Residents

Investment Requirement:

$20,000 to $50,000

Residency Requirement:

None

Language Requirement:

None

Project Overview

The Special Resident Retiree’s Visa (SRRV) is a non-immigrant visa issued by the Philippine Bureau of Immigration under the Philippine Retirement Authority (PRA). It offers foreign nationals and former Filipino citizens a simple pathway to live and retire long-term in the Philippines. The SRRV can be obtained with a fixed deposit of USD 20,000 to USD 50,000, depending on eligibility, allowing retirees to enjoy the country’s relaxed lifestyle, tropical climate, and welcoming communities.

Project Advantages

  1. Affordable access
    • The application requires only USD 20,000–50,000
  2. The visa allows holders to enter and exit the Philippines freely, study, reside long-term, and establish a business
  3. It can serve as a convenient transit point for other passports, such as Turkey
  4. Education benefits
    • Children of SRRV holders are eligible to take the overseas Chinese entrance exam, allowing admission to top schools with lower scores
  5. Duty-free imports
    • Bring in personal property, furniture, and appliances valued over USD 7,000 without customs duties
  6. Long-term residency
    • SRRV functions like permanent residency
    • Annual renewal is simple; as long as your fixed deposit or investment is maintained, your visa remains valid without the need to return to the Philippines
  7. Stable USD deposits
    • Funds are held in PRA-designated Philippine banks in USD, protecting your investment from currency fluctuations
  8. Tax privacy
    • The Philippines is not part of CRS and does not participate in global tax information sharing

Eligibility Requirements

  1. Must be 50 years of age or older
    • A legal spouse and unmarried children under the age of 21 may be included in the application
  3. No criminal record
  4. Must be in good health, with no serious or major medical conditions

Application Process

  1. Sign the agreement and prepare all required application documents
  2. Open a Philippine bank account and complete the required deposit
  3. Travel to the Philippines to complete the medical examination and submit the application
  4. Receive approval and obtain residency status

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