Philippines Special Resident Retirre's Visa
Residency by Investment
Time To Residency
Visa Free Travel
77th In the world
No Residency Requirements
No Import or Travel Tax
Program introduced in 2011
Philippines, an island country in Southeast Asia in western Pacific Ocean, is an archipelago consisting of some 7,100 islands. The drivers of its economy are construction, tourism, manufacturing and services industries. The country has a variety of natural resources and a significant level of biodiversity.
Philippines is a member of the United Nations, World Trade Organization, Association of Southeast Asian Nations, and Asia Pacific Economic Cooperation.
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To obtain a SRRV, you need to meet the following investment requirements:
1. Aged over 50: deposit $20,000.
2. Aged over 50 with pension ($800/month for a single person or $1,000 for a couple): deposit $10,000, and the pension need to be certified by the Social Security Administration.
*The amount of investment is calculated for a family less than three. For each additional dependent of more than three people, the deposit will increase by $15,000.
Within 30 days after successfully obtaining residency, the savings (more than $50,000) need to be converted into real estate in one of the following ways:
1. Apartment purchase.
2. Leasing land/buildings/shops/townhouse (more than 20 years).
3. Invest in golf or country club shares.