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The Philippines is an archipelago country with rich natural and marine resources, attracting many overseas investors to invest. Where Filipino domestic helpers are famous in the world, the Philippines exports a lot of labor to the world every year. Because of the living environment and temperature, many people are attracted to immigrate to the Philippines every year, so today EasyGo Yiyou International will come with you to see what conditions are needed to apply for immigration in the Philippines.
What type of immigrants are there in the Philippines?
There are two types of immigrants in the Philippines, which can be divided into retired immigrants and investment immigrants.
What is a retired immigrant?
Retired immigrants can also be divided into two types. There are "Smile Plan" and "Classic Plan" to participate. If you want to know more about these two immigration plans, you can consult our online customer service backstage. However, both plans need conditions. Retired immigrants need overseas citizens who have reached the age of 50 to apply.
What is investment immigration?
Similarly, investment immigration requires conditions. Before the outbreak began, it was necessary for overseas citizens between the ages of 21 and 35 to apply, and the conditions were relatively relaxed after the outbreak began. Now only overseas citizens between the ages of 21 and 49 can apply. You can invest in finance, funds, or local companies.
What are the similarities or differences between the two?
Both immigration policies have the same age limit and deposit limit. Both need to deposit a sum of money in a designated account in the Philippines, and there is an age limit. The difference is that the "smile plan" for retired immigrants can buy a house in the Philippines, but the investment plan cannot buy a house.
The above is what conditions are needed to apply for Filipino immigration by EasyGo International in this issue. If you need, you can contact EasyGo International to serve you.
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