Indefinite Residency
SRRV holders can reside in the Philippines indefinitely with no need to renew their visa regularly.
Visas & immigration
Special Resident Retirees Visa (SRRV)
For Foreigners 50 years old and above
The Special Resident Retirees Visa (SRRV) is a unique, long-term residency visa designed specifically for foreign nationals and former Filipino citizens who wish to retire in the Philippines.
About the visa
Key Benefits of the SRRV
Managed by the Philippine Retirement Authority (PRA), the SRRV provides retirees with the convenience of a multiple-entry, indefinite stay visa that includes a wide range of benefits, making retirement in the Philippines an attractive option. With the SRRV, eligible retirees enjoy flexibility, cost savings, and a welcoming community, enabling a comfortable lifestyle within a vibrant, tropical setting.
Multiple Entry Privileges
The visa allows for unlimited entry and exit to and from the Philippines.
Exemption from Taxes and Fees
SRRV holders are exempt from exit and re-entry permits, Philippine Bureau of Immigration clearances, and customs duties and taxes on certain household items.
Access to Health Care and Special Discounts
Retirees can take advantage of exclusive healthcare discounts and benefits at PRA-accredited hospitals and establishments.
Dependents
The SRRV can also cover qualified dependents, including a spouse and children, offering family-centered relocation benefits.
Who can apply
Eligibility Criteria
Basic qualifications for the Special Resident Retirees Visa (SRRV):
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✓
Be at least 50 years old.
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✓
Meet the minimum deposit requirements, which vary based on age and desired visa privileges.
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✓
For SRRV Classic, A deposit of $30,000 for those not receiving pension, $15,000 for those receiving a pension of at least $800 for a single individual and $1,000 for those with dependents.
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✓
For SRRV Courtesy, a deposit of $1,500 for those who are former Filipinos, honorary consuls, retirees of international organizations and former military officers.
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Pass a medical examination and background check as required by the PRA.
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Maintain a time deposit with a PRA-accredited bank, serving as a form of financial assurance and, in some cases, investment.
How it works
Application Process
The exact requirements and timing depend on your circumstances, but most applications follow these stages.
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1
Initial Consultation
Schedule a consultation to understand the specific requirements and benefits. -
2
Document Preparation
Gather necessary documents such as passport, medical certificates, and proof of pension (if applicable). -
3
Submission and Review
Submit the application to the PRA, which will assess eligibility. -
4
Approval and Visa Issuance
Upon approval, the SRRV will be issued, granting indefinite residency status in the Philippines.
FAQs
Questions?
No, as long as you served in the military.
Not necessarily, as long as you are 50 years old and meet the requirements, you are qualified for the SRRV, the deposit and requirements may vary.
No, the deposit you make is still yours. If you decide to cancel your SRRV, you get that money back.
For those who have deposited $15,000-$30,000USD, you may also convert this deposit into an active investment of either a purchase of a condominium or a long-term lease of a house and lot.
No, you will still need to deposit the $15,000 or $30,000.
Application assistance
If you’d like help with the process.
C&G can prepare the documents, coordinate the application and keep you informed from onboarding through completion.
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