Can Filipino immigrants set up companies when they immigrate to the Philippines?

The emergence of this epidemic has led many countries to respond hastily. At the same time, in order to avoid excessive infection, they put forward the idea of shutting down the country and banning people from going out. Not long ago, the Philippines also banned people from other countries from entering the Philippines, and Philippine visas held by foreign citizens cannot be used. Can the Philippines emigrate now? Can I set up a company in the Philippines after immigration like the preferential policies I enjoyed before?

The Philippines can now immigrate

At present, the international epidemic is basically under control. Therefore, the Philippines and other countries have also received new notifications on entry. At first, the Philippines only allowed citizens of other countries who held 9g work visas and business visas to enter. Now immigration visas in the Philippines have resumed normal processing.

So now the Philippine embassy can reapply for a Philippine immigrant visa. If necessary, people can apply to the embassy. However, upon arrival in the Philippines, quarantine should be carried out according to the needs of the epidemic.

Can Philippine Retirement Immigrant Visa Open a Company?

A Philippine Retirement Immigrant Visa is an individual who obtains immigration status after depositing a certain amount in a designated bank in the Philippines. This status means that an individual can live permanently in the Philippines. At the same time, enjoy some local policies. In addition, after having immigration status, you do not need to apply for a work visa even if you work in the Philippines. Similarly, after obtaining a Philippine retirement immigrant visa, individuals can work in the Philippines or set up their own companies in the Philippines. The premise of establishing the company itself is to obtain Philippine immigration status in order to enjoy some investment policies and provide some investment facilities in the Philippines.

Therefore, the Philippine retirement immigrant visa can set up a company in the Philippines and enjoy the relevant investment preferential policies granted by the Philippines. It should be noted that when you apply for an immigration deposit, you cannot use it for investment, so the funds used for investment should be prepared separately.

You can choose us to handle immigration in the Philippines. We have advantages in terms of business proficiency, corresponding processing efficiency or understanding of the immigration and investment environment throughout the Philippines. We can provide customers with more detailed reference. Welcome.