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.
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.
Indefinite Residency
Multiple Entry Privileges
Exemption from Taxes and Fees
Access to Health Care and Special Discounts
Dependents
Basic qualifications for the Special Resident Retirees Visa (SRRV):
Be at least 40-49 years old.
Meet the minimum deposit requirements, which vary based on age and desired visa privileges.
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
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
For SRRV Courtesy former Filipinos, a deposit of $3,000
Pass a medical examination and background check as required by the PRA.
Maintain a time deposit with a PRA-accredited bank, serving as a form of financial assurance and, in some cases, investment.
At C&G, we make your Special Resident Retirees Visa (SRRV) 40 application easy and hassle-free. Here's how we guide you every step of the way:
Initial Consultation
Document Preparation
Submission and Review
Approval and Visa Issuance
Get answers to the most common questions about the Special Resident Retirees Visa (SRRV) 40 process:
Get clear advice on visas, business setup, and next steps in the Philippines.