What is the ASRV Special Immigration Green Card for APECO in the Philippines

Small partners who have been paying close attention to the entry information of the Philippines must know that the Philippines opened the entry of foreign investors on November 1. The specific types of visas that can enter include visas issued by the Aurora Pacific Economic Zone Free Port Authority and the Subic City Authority.

Recently, many customers are consulting. Today, Xiao Bian will briefly introduce to you all kinds of visas issued by Aurora Pacific Economic Zone Free Port Authority.

First of all, Aurora Special Economic Zone, the full name is Aurora Pacific Economic Zone Free Port Authority (Aurora Pacific Economic Zone and Freeport Authority), referred to as APECO. APECO Special Economic Zone is a special project established in accordance with Article 9490 of the Republic of the Philippines Act (RA 9490) and Article 10083 Act (RA10083) to promote local economic development.

This project started in 2016, but it is open to the Japanese. But starting from 2019, Chinese nationals can also apply.

At present, the types of visas recognized by the Aurora Special Economic Zone in the Immigration Bureau (BI) and the Labor Department (DOLE) are as follows:

1. APECO Special Resident Visa (ASRV); APECO special resident visa

2. APECO Special Investor's Resident Visa (ASIV); APECO Special Investment Resident Visa

3. APECO Working Visa (AWV); APECO work visa

4. APECO Dependent's Visa (ADV); APECO family visa

5. APECO Special Work Permit (APECO-SWP); APECO special work permit

6. APECO Provisional Work Permit (APECO-PWP); APECO temporary work permit

7. APECO Alien Identity Card (AAIC). APECO Alien Identity Card

Among them, we mainly need to know more about ASRV,ASIV and ADV.

ASRV application conditions:

Deposit 35.000USD to the designated account of the SAR government, non-refundable

ASIV application conditions:

Deposit 150, 000USD to the designated account of the SAR government, one year after obtaining the identity, you can withdraw the investment money in the Philippines for investment purposes. (e. g. real estate, stock, shareholding company, etc.)

ADV application conditions:

Parents, spouses or unmarried children under the age of 21 of the primary applicant with ASRV or ASIV

ASRV & ASIV advantages:

1. You can apply over the age of 18

2. Identity holders can go to school, work and set up companies in Philippines.

3. Identity holders can bring parents, spouses and children (under 21 years old), and there is no limit to the number of people.

4. The processing cycle is as short as 10 working days.

5. Unlimited visa

6. No need to cancel Chinese nationality

7. Attached to APECO Resort Member (Free Use of Resort Facilities)

8. Free access to the Philippines, even if the Philippines now restricts entry

9. The application materials are simple, only the original passport and the Philippine certificate of no criminal record (NBI Clearance)

10. The most important applicant can submit an application even if he is not in the Philippines.