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) 40
For Foreigners 40-49 Years Old
Effective September 1, 2025 the Special Resident Retiree’s Visa (SRRV) is now more inclusive than ever. In a recent update from the Philippine Retirement Authority (PRA), foreign nationals and former Filipinos aged 40 to 49 can now apply for the SRRV, making it a game-changer for younger retirees, remote workers, and professionals seeking long-term residence in the Philippines.
About the visa
Key Benefits of the SRRV
This update introduces new deposit structures specifically for the 40–49 age group and opens up the country’s retirement visa program to a wider range of qualified individuals.
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 40-49 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 $50,000 for those not receiving pension and $25,000 for those receiving a pension of atleast $1,000
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✓
For SRRV Expanded Courtesy for honorary consuls, retirees of international organizations and former military officers receiving atleast $1,000 in lifetime pension, a deposit of $3,000 or a deposit of $6,000 for those who are not receiving any pension
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✓
For SRRV Courtesy former Filipinos, a deposit of $3,000
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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 you are qualified for the SRRV Expanded Courtesy.
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 $25,000-$50,000USD, 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 $25,000 or $50,000.
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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