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Special Resident Retiree Visa

Special Resident Retiree Visa. Smile at Life in the Philippines. A Presentation By Col. Doy Francisco, Ret. Deputy General Manager. SRRV Benefits. Multiple-entry, indefinite stay Exemptions Exit clearance & re-entry permits Alien Certificate of Registration (ACR)

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Special Resident Retiree Visa

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  1. Special Resident Retiree Visa Smile at Life in the Philippines A Presentation By Col. Doy Francisco, Ret. Deputy General Manager

  2. SRRV Benefits • Multiple-entry, indefinite stay • Exemptions • Exit clearance & re-entry permits • Alien Certificate of Registration (ACR) • Student Visa • Travel Tax • Customs duties and taxes • Tax on Annuities and pensions • Assistance in obtaining Alien Employment Permit (AEP)

  3. Who Are Qualified? • Foreign nationals 35 years old and above qualify as principal applicants • Spouse and children below 21 years of age qualify as dependents

  4. FORMER FILIPINO CITIZENS 35 yrs & above FOREIGN NATIONALS 35 to 49 yrs 50 yrs & above Required Deposit US$ 1,500 US$ 75,000 US$ 50,000 Note: Effective May 29, the minimum investment was reduced for a limited period of six months.

  5. Documentary Requirements • PRA Application Form • Original Passport with Valid Entry • Medical Certificate • Police or NBI Clearance • Time Deposit Certification from any PRA Accredited bank of the Inward US$ Remittance • 1”x1” & 2”x2” photographs (6pcs. each) Note: • Marriage Contract or any similar proof of relationship for joining-spouse • Birth Certificate or any similar proof of relationship for joining-dependents • All documents obtained from abroad must be authenticated by the Philippine Embassy / Consular Office and translated into English if necessary

  6. Areas of Investment • Purchase, acquisition and ownership of a condominium unit; • Long-term lease of house and lot, condominium or townhouse which should not be for a period shorter than 20 years; • Purchase, acquisition and ownership of golf or country club share/s; or • Investment in shares of stocks of corporations duly registered in the Philippine Stock Exchange

  7. Processing / Servicing Fees One-Time fees For Principal Applicant : For Each Dependent : US$ 1,500.00 US$ 300.00 Annual fees Renewal of ID Card : Visitorial Fee : (for converted deposits) US$ 10.00 1% of the amount withdrawn Note: Effective May 29, the minimum investment was reduced for a limited period of six months.

  8. Look-See Visit Program SPECIAL RETIREE VISITOR’S VISA (SRVV) • Single-entry • Valid for 1 year • Stay at any accredited retirement facility at discounted rate • No requisite deposit needed • Processing fee of US$ 200.00

  9. Leading Accredited Banks Safety of the principal is first and foremost.

  10. Contact Us PHILIPPINE RETIREMENT AUTHORITY 29/F Citibank Tower 8741 Paseo de Roxas Makati City 1227 Philippines WEBSITE : www.pra.gov.ph E-MAIL : inquiry@pra.gov.ph TEL. NO. : (+632) 848.1412 FAX NO. : (+632) 848.1411

  11. Vision of Progress for the Country “Our country will benefit a lot if the potential of the retirement industry can be harnessed.” - PGMA

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