The Philippines is a favored destination for retirees and investors, offering a low cost of living and diverse investment opportunities. Its stunning islands, pristine beaches, volcanic landscapes, and world-class diving spots make it an appealing location for both travel and long-term residency. Additionally, the country provides attractive residency-by-investment options, sometimes referred to as golden visas, for foreigners seeking to establish a base in this tropical paradise.
Special Resident Visas (residence by investment visas) are issued to foreign nationals coming to the Philippines for an indefinite stay or permanent living, whether for work, employment generation, investment, or retirement purposes. Classifications of the resident visa may vary from investment conditions and types of retirement.
If the Philippines might be an exciting option for you as an investor or a possible retiree, read the guide below. We hope to provide you with helpful information, and if you would like to request a consultation, then don’t hesitate to each out.
Special Resident Retiree’s Visa (SRRV)
The Special Resident Retiree’s Visa (SRRV) entitles the holder to reside in the Philippines anytime during his lifetime, permitting multiple entry privileges, so long as the visa requirements remain in the Philippines. The Bureau of Immigration issues the SRRV upon endorsement of the Philippine Retirement Authority (PRA).
The SRRV program of the PRA requires foreign nationals to have a certain amount of deposit in any PRA-accredited bank in the Philippines. The amount has to be deposited via inward remittance.
Eligibility for SRRV
There are different SRRV Programs available. The amount of bank deposit requirement depends on the program being applied for. Any foreigner at least fifty years of age can apply for an SRRV, provided they meet at least one of the SRRV programs’ requirements.
There are four options available to retirees:
SRRV Smile
Applicants who are at least thirty-five years old and above. They must make a minimum deposit of $20,000 in a PRA-designated bank account;
SRRV Classic
The primary retiree deposits $50,000 (thirty-five to forty-nine) or $10,000 to $20,000* (fifty years and above) that can be used to purchase an apartment or use for a long-term lease. The investment cannot be in an off-plan or construction phase.
*allows retirees to apply without a pension. The pension requirement for a $10,000 deposit is $800 or $1,000 for a couple.
SRRV Human Touch
For potential retirees above thirty-five years old who require consistent medical or clinical assistance. Applicants under the Human Touch need to deposit $10,000 into a bank account and have a monthly pension of $1,500. The last requirement is to hold Health Insurance usable in the Philippines.
SRRV Courtesy
Former Filipinos (thirty-five plus) and foreigners (fifty years or older) who served in the Philippines as diplomats, ambassadors, or staff in international organizations. They only require a deposit of $1,500.
SRRV Expanded Courtesy
Foreigners (fifty years or older) receive a monthly pension of $1,000 and a deposit of $1,500. The expanded courtesy allows for two dependents; however, an additional deposit of $15,000 for each. The added deposit for dependents is waived for former Filipinos.
The investor can choose to invest their deposit through the following means:
Purchase, acquisition, and ownership of a condominium unit;
Long-term lease of house and lot, condominium or townhouse for a period not shorter than twenty years; or
Purchase, acquisition, and ownership of golf or country club shares.
The applicant may be joined by his dependents, who can be a spouse and unmarried children under twenty-one years old.
Special Investor Residence Visa (SIRV)
The Special Investor Resident Visa (SIRV) entitles the holder to reside in the Philippines. Initially, investors obtain a probationary residence, which will be converted to a Philippines permanent residency (indefinite), permitting multiple entry privileges so long as the investments remain in the Philippines.
Seeking expert immigration guidance?
Navigating through immigration programs can be complex and overwhelming, regardless of the country or program you’re interested in. If you’re struggling to find clear, accurate information, you’re not alone. Our team is here to offer you clarity and reliable advice across a wide range of immigration programs.
By scheduling a consultation, you’ll receive personalized guidance tailored to your unique situation. We’re dedicated to helping you understand the details of various immigration programs, making them more straightforward so you can proceed with confidence.
We process:
Air tickets, hotels, travel /Government File processing
- 9G Working Visa（1-3Years）
- 13A / MCL21 TRV Spousal Visa- married to a Filipino citizen
- Tourist Visa Extension
- Alien Employment Permit (AEP) / Special Working Permit (SWP)
- Inclusion of dependent Spouse and unmarried child
- Emigration Clearance Certificate (ECC)
- Cancellation /Apply of Alien Employment Permit replacement (loss AEP)
- Cancellation of CEZA Working Visa (CWV)
- Cancellation of 9G Working Visa (9G)
11.Special Resident Retiree’s Visa (SRRV) SIRV ASRV - Quota Visa SEC13
- Overstay MR
- Lifting of Blacklist(BL) and Hold Departure Order (HDO)
- Order To Leave (OTL)
other Immigration related concern:
Alien Registration
Annual Report (A.R)
ACR I-CARD Issuance
Voluntary Application for ACR I-CARD
Renewal ACR I-CARD
Re-Issuance of ACR I-CARD
ACR I-CARD Waiver
Cancellation of ACR I-CARD
Philippine-Born Registration
Certification for Not the Same Person
ACR I-CARD Certification
BI Clearance Certification
Pending Visa Application Certification
Certified True Copy Certification
Travel Records Certification
Certificate of Non-Registration / Registration
Application for Retention / Re-acquisition of Phil. Citizenship
Inclusion of Dependents under R.A. 9225
Recognition as Filipino Citizen
Affirmation of Recognition as Filipino Citizen
Cancellation of Alien Certificate of Registry (ACR)
Special Study Permit
Provisional Work Permit
Special Work Permit – Commercial
Special Work Permit – Artists & Athletes
Joining Filipino Seaman
Signing Off Filipino Seaman
Joining Foreign Seaman
Repatriating Foreign Seaman
Filipino Supernumerary
Foreign Supernumerary
Penalty on Late Filing / Non-Filing of Foreign Seafarer’s Notice of Arrival (Joining Crew)
Administrative Fine Imposed on a Foreign Crew Member if Not Properly Documented
Penalty for Late Filing / Non-Filing of Notice of Departure
Waiver for Exclusion Ground
Downgrading of Visa
Transfer of Admission Status
Amendment / Correction of Admission
Re-Stamping of Visa RA 7919
Re-Stamping of Visa
Failed to Stamp – Encoded
Failed to Stamp – Not Encoded
Interim Extension (Grace Period)
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