The world's most cost-effective green card?-Philippine SRRV Special Residence Retirement Visa

Special Resident short for Retiree's Visa, which literally translates as "special residence retirement visa". Generally speaking, people also call it "Philippine Special Retirement Visa", "Philippine Retirement Immigration", "SRRV Visa", "Philippine Card" and "Philippine Pension Immigration". In fact, they are all talking about this kind of visa, not many kinds. Don't be confused.

Philippine SRRV is a special non-immigrant visa, which is issued by the Philippine Immigration Bureau through the retirement program of the Philippine Retirement Agency Philippine Retirement Authority (PRA). Apart from foreigners, most of the former Filipino citizens who want to return home frequently also rely on this SRRV. Its gold content and stability can be imagined!

SRRV holders can enjoy other visa-free, multiple entry rights, and the right to permanent settlement in the Philippines.

Philippine SRRV is not a green card in the full sense. Here, let's popularize it: the difference between green card and SRRV.

At first, only the permanent residence PR in the United States was called green card, and Canada was called maple leaf card. Later, the default green card was synonymous with PR for permanent residence in various countries.

SRRV was originally designed for retirees from developed countries to come to the Philippines to enjoy cheap care, medical care or a long-term visa for old age. The age threshold is only 35 years old.

Strictly speaking, SRRV is a very special visa for permanent residence. It is similar to a green card, far more than an ordinary long-term visa.

SRRV and green card have two differences:

1. SRRV holders still need to apply for visas from the destination country when traveling to other countries. For some countries, holding SRRV can reduce the difficulty of your visa, just like you have a 10-year visa from the United States. It is much easier to apply for other countries. This is a reason.

2. The green card can work by default. Although SRRV can have the right to work, it still needs to go through other procedures. In this difference, it is necessary to apply for an AEP, that is, a foreigner labor permit (foreigner work permit). If you have an agent, you can find a lawyer, no trouble.

Compared with the "house-buying immigrants" in Europe, the Philippines can obtain SRRV when buying a house, and the cost performance cannot be compared at all. Many houses in Europe allow you to live and spend to create jobs. It is absolutely impossible to rob local people of employment opportunities, but not in the Philippines.

What are the benefits and privileges of holding SRRV for people living in the Philippines for a long time?

You can enjoy the convenience of international driver's license in the Philippines, bank account opening, free exchange of US dollars, etc. Exemption from income tax on pensions and annuities, exemption from immigration permits, import duties on daily necessities. A stay in the Philippines for no more than one year from the date of last entry is also exempt from travel tax.

SRRV holders can also enjoy a one-time import of personal goods, household appliances and furniture with a standard value of up to US $7,000 from customs duties (which can be understood as moving), and also enjoy PHILHEALTH medical security benefits.

Types of SRRV visas:

Strictly speaking, there are five types of SRRV, which are suitable for most people. We Chinese can really choose two types. SRRV classic plan and SRRV smile plan.

The SRRV Classic Project began in 2008, and the SRRV Smile Project was launched by the Philippine Retirement Agency in May 2011.

Smile plan

Classic plan

What is the advantage of Philippine SRRV?

1. Do not lose Chinese nationality, obtain permanent residence status in another country, and do not need to meet any living conditions or the so-called "immigration prison".

2. The threshold is extremely low. The world's most cost-effective "Permanent Green Card" project has a minimum of US $20,000. Handling is extremely fast, the fastest is 7 working days.

3, the procedure is super convenient, no need to explain the source of funds, the exit mechanism is simple, the funds can be returned.

4. It can be used as a third country status for Hong Kong immigrants with high recognition. It is more practical than Gambia, Guinea-Bissau and Vanuatu and can be used as a springboard for other countries.

5. The whole family is available and can live permanently in the Philippines. No other visas are required for entry and exit.

6. Beautiful environment, numerous islands, rapid development and unlimited business opportunities. Can work, can study abroad, for 2 consecutive years, live for more than 18 months, can obtain overseas Chinese status, after overseas gold plating, return to China to invest in preferential conditions.

7. Children studying abroad do not need to be signed by students. International vision, pure American English atmosphere. You can also take the joint examination of overseas Chinese students, 400 points to the top domestic schools.

Philippine SRRV Key to New Door of Wealth and Happiness

Domestic direct colleges and universities: You can go to prestigious schools with low status as overseas Chinese students.

Philippine International Educational Resources: If children plan to attend universities in the Philippines, they do not need to apply for student visas and special study permits. The education penetration rate in the Philippines is much higher than that in my country, and there are many world-renowned universities to choose from (their diplomas are recognized by the Chinese Ministry of Education). American education, English teaching, you choose, and the cost of reading and living is generally low!

World Retirement Resort: The Filipino people are warm, friendly and kind, and are the country with the highest happiness index in Asia. Among the Filipino ethnic groups, Chinese ancestry accounts for about 20% and is highly respected in the Philippines. Moreover, the Philippines has been rated as one of the best places for the aged in the world, with blue sea and blue sky, beautiful scenery and beautiful natural environment. It is a good place for retired immigrants and leisure for the aged.

Medical technology is also an international leader: many universities in the Philippines are world-renowned for their nursing majors, and the Philippines has ranked eighth on the list of the world's top medical tourism destinations.

Materials Required for Philippine Special Retired Resident Visa (SRRV):

1. The original passport and visa of each applicant.

2. Notary Marriage Certificate (Chinese-English Translation Notarization and Double Certification).

3. Notary Certificate of Birth Certificate for Children under 21 Years Old (Notarization and Double Certification in Chinese and English Translation).

4. No crime certificate in China (all applicants over 18 years old, notarization and double certification of Chinese and English translation) and no crime certificate in Philippine local NBI.

5. Health examination certificate (it is recommended to have a physical examination in the Philippines, eliminating the trouble and cost of certification).

6, 12 2x2 inch white color photos.

7. Resume of each applicant.

Note: Double Certification-A document certified by the Department of Consular Affairs of the Ministry of Foreign Affairs of China and the Embassy or Consulate of the Philippines in China, commonly known as double certification.

SRRV detailed handling process:

Step 1: In the country, complete the required documents and materials.

Step 2: Remittance to the official account of the Philippine Retirement Immigration Service (PRA), which needs to be transferred in a country other than the Philippines.

Step 3: PRA receives the money, certificate of foreign remittance.

Step 4: All applicants enter the Philippines, submit materials and complete the payment.

Part V: Waiting for the approval of the Philippine Immigration Administration, taking an oath and receiving documents.