How much does Filipino immigrants need

On the one hand, I chose to immigrate to the Philippines because of the better environment in the Philippines, and another feature is that it is easier to immigrate to the Philippines, and everyone can obtain the status of overseas Chinese. When I return to China, I can apply for more preferential treatment. Here, I will tell you about the conditions of immigration to the Philippines.

What are the ways of Filipino immigration

For the Chinese, Filipino immigrants have special policies. In order to attract more investment, two ways of retirement immigration and investment immigration have been introduced. Retired immigrants are people between the ages of 35 and 49. After the designated bank deposit in the Philippines reaches 50,000 US dollars, they can obtain the right to live permanently in the Philippines. At this time, they have the status of immigration. People over the age of 50 need to deposit US $20,000 in a designated bank in the Philippines to obtain the right to permanent residence in the Philippines. This is a classic plan for retired immigrants, and another is a smile plan. The main content of this plan is that applicants over 35 years old can obtain the right to permanent residence after depositing in a designated bank in the Philippines to 20,000 US dollars. Different from the classic plan, this part of the deposit can be used to invest in Philippine real estate without affecting their immigration status.

There is also an investment immigrant, that is, if you invest a certain amount of money in the Philippines to start your own company or invest in an existing company, you can obtain immigrant status.

How much does Filipino immigrants need

It can be seen from the immigration plan that the deposit required to choose the way of retirement immigration is 20,000 to 50,000 US dollars, one of which can be used to invest in buying a house, and the other is that it can only be stored in Philippine banks. If it is withdrawn, it will be considered to have given up its immigration status. So more people choose the smile plan. In order to obtain Philippine immigration status, the amount of investment required is more than 75,000 US dollars.

In the process of immigration, if you want to immigrate with your spouse and children, then after more than three people, more than one person will have to pay another 15000 of immigration fees.

If you have any questions about Filipino immigrants, you can consult the customer service of our platform. Here will provide you with a more satisfactory answer and provide you with more professional services.