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One of the reasons why the Philippines has become an important choice for overseas investors is because of the extremely cost-effective green card. As we all know, the Philippines used to have the most economical way of immigration in the world. It only costs 20,000 US dollars to obtain permanent residency in the Philippines. There is no need to provide a source of funds, and there is no language and academic requirements. In the past, you can apply as long as you have reached the age of 35. Moreover, the process is relatively simple. It only takes 1-2 months to complete the process. One person applying for a family of three can obtain the second overseas status and enjoy the local advantages and benefits.
This kind of visa is the famous Philippine special retirement immigrant visa. The full name is Special Retiree Residence Visa, generally referred to as SRRV, and many people simply call it a pension immigrant visa. This visa is an immigration policy introduced by the Philippine Retirement Immigration Agency in 1985. The purpose is to attract more foreigners to invest in the Philippines and promote its economic and social development.
However, this special retirement immigrant visa SRRV, which is loved all over the world, was suspended in October last year and was not reopened until last year! According to official sources in the Philippines, the Philippine Retirement Agency has made a decision to restore the SRRV application process for applicants aged 50 and above in accordance with the latest Resolution No. 4.
So what if a person is abroad and his retirement immigrant visa Icard card is lost and cannot enter the Philippines?
Don't worry, I'll teach you a trick. You don't have to spend a lot of time to deal with it again. Even if you are not in the Philippines, you can handle it:
As long as you still keep the front and back photos of the Icard of SRRV and directly entrust the agency to submit it to the retirement summer for annual update, the new Icard can be applied!
International Express → After receiving the card, you can enter the Philippines with SRRV retired immigrants. There is no need to apply for exemption documents from the Philippine Ministry of Foreign Affairs ~
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