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Immigrating to the Philippines is a plan for many people's lives. On the one hand, it is to better provide for the elderly here in the future. On the other hand, it is also to create better educational conditions for children and get better treatment when they return home. So how much does Filipino immigrants need now and what are the immigration methods?
What are the immigration methods in the Philippines
For Chinese citizens, the immigration policy threshold proposed by the Philippines is very low. There are two ways of immigration, one is retired immigration and the other is investment immigration.
Among them, retired immigrants are divided into smile plan and classic plan. The content of the classic plan means that people aged 35 to 49 can obtain permanent residence status in the Philippines by depositing US $50,000 in a designated bank in the Philippines. People over the age of 50 can invest $20,000 in a designated bank. One thing to note is that the money deposited in the bank cannot be withdrawn. If it is withdrawn by itself, it means that you have given up your original immigration status.
The content of the smile plan is basically the same as that of the classic plan. The only difference is that the deposit deposited in the bank in the smile plan can be used to buy a house in the Philippines, as an investment fund, and can also have permanent residence status in the Philippines.
Investment immigrants can obtain corresponding immigration status by investing 75,000 US dollars to set up companies in the Philippines, or by investing in existing enterprises in the Philippines.
What are the benefits of immigrating to the Philippines
From a personal point of view, the Philippines is a place with beautiful scenery, so it is also a very good choice for everyone to provide for the aged here. If it is for children to have better learning conditions and the overseas Chinese status that can be applied for after returning to China, it is also a reason for immigrating to the Philippines. The investment environment in the Philippines is also very good, so more people choose to show their strength here.
At the same time, the Philippines is the world's largest labor exporter, so it is easier for people with Philippine immigration status to apply for visas from other countries or naturalized Spain.
If you have any needs or questions about immigrating to the Philippines, you can consult our platform customers, who will provide you with more professional help and services.
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