Immigration Policy for Retirees in the Philippines

The Philippines' retirement immigration policy is mainly an immigration method set by the Philippine Retirement Immigration Department to provide foreigners with the convenience of investment, travel and retirement vacation in the Philippines. Therefore, his immigration conditions are also very relaxed, and most people can do it easily. It is precisely such relaxed conditions that have led to a sharp increase in the number of immigrants in the Philippines in recent years, and have also brought very rich benefits to their own country.

Philippine Retirement Immigration Policy

1. In the traditional plan, applicants aged 35 to 49 need to deposit US $50,000 in a designated bank in the Philippines to obtain retired immigration status in the Philippines. Applicants over the age of 50 are required to deposit a fixed deposit of US $20,000 in a designated bank in the Philippines. It is also possible to obtain corresponding retirement immigration status.

Applicants can immigrate with a spouse and an unmarried child under the age of 21, or with two unmarried children under the age of 21, without additional savings. If on this basis, each additional child will need to increase the investment of 15,000 yuan.

In the traditional plan, the money saved can be used to purchase commercial housing in the Philippines as an investment and will not affect one's immigration status.

2. Smile Program, applicants aged 35 and above need to deposit US $20,000 in the designated bank in the Philippines, and this part of the money cannot be withdrawn. If it is withdrawn, it is equivalent to automatically giving up the immigration status of the Philippines. The conditions for carrying children are the same as the traditional plan.

Documents Required to Apply for Philippine Immigrants

The first is the passport and copy of each applicant, including the identity of the applicant himself and the spouse of the children.

The second is the crime-free certificate provided by the country where the passport is located for all applicants over the age of 18.

There is also a health check certificate, which is to ensure that there will be no infectious diseases during the long-term residence in the Philippines. You can choose to have a medical examination in the Philippines and provide corresponding certificates.

The applicant's marriage certificate, the birth certificate of a child under the age of 21 and the notarial certificate of the corresponding certificate.

Certificate of no criminal record provided by NBI.

After all the above written certificates are provided, one can successfully handle one's immigration status.

For immigrants to the Philippines, if you have any other questions, you can consult our platform customer service, which will provide you with more professional services.