The difference between retired immigrants and investment immigrants in the Philippines

At present, children are under great pressure to find jobs, and many choose to study abroad. However, in international schools abroad, the tuition fees that need to be paid are very high. In this case, it is better to let your Philippine children immigrate with their parents, so that the children's tuition fees will be charged according to the local standards, which greatly saves costs, and the children's future development will be different. Therefore, many people in China have turned their attention to the Philippines, which uses the American education system and the good English level, where the international schools are very famous and the consumption level and prices are not very high. Today EasyGo Yiyou International will tell you about the difference between retired immigrants and investment immigrants in the Philippines!

Retired immigrants from the Philippines:

The Philippine immigration policy is divided into retired immigrants and investment immigrants. Retired immigrants also include "Smile Plan" and "Classic Plan". If you want to immigrate to the Philippines, you must meet the following conditions.

Smile plan: over 35 years old, a family of three, deposit 20,000 US dollars in the Philippines, and one more person deposit 15,000 US dollars. The deposit is frozen in the bank and cannot be used for investment. Cancellation of identity can take back all deposits, must be healthy people can, because the Philippines will require you to have a medical examination and submit a medical examination report when applying for immigration.

Classic plan: 35-49 years old: a family of three has a deposit of 50,000 US dollars, one more person has a deposit of 15,000 US dollars over 50 years old: a family of three has a deposit of 20,000 US dollars, one more person has a deposit of 15,000 US dollars, all the deposit can be used for investment, and the investment project needs to be more than 50,000 US dollars. If you invest in real estate, the real estate cannot be sold and you are in good health.

Philippine Investment Immigrants:

Affected by the epidemic, the age limit for Philippine investment immigrants to apply has been raised to 21 to 49 years old. In addition to the age limit, there are also some restrictions on the direction of the use of investment funds, after the outbreak of investment immigrants have been unable to buy houses in the Philippines. You must deposit 70,000 million US dollars in a designated account of the Philippine Investment Authority before you can apply for investment immigration.

This issue of EasyGo Easy Travel International distinguishes between retired immigrants and investment immigrants in the Philippines. If you have any other questions, please contact our EasyGo Easy Travel International Customer Service for information!