Can Philippine Investment Immigration Visa Be Cancelled

In recent years, with the strong support of the Philippine government, the Philippine economy has shown a rapid and stable development situation. Under the background of such "large-scale construction and special construction", it has attracted many overseas Chinese to go to the Philippines for business, trade and investment. But because of the recent epidemic at home and abroad, many companies have been forced to stagnate or slow, so some investors who immigrated to the Philippines want to interrupt the withdrawal of immigration status and withdraw from the Philippine market, so can the investment immigration status be canceled? Should it be proven to be canceled?

Can Philippine Investment Immigration Visa Be Cancelled

Because Filipino immigrants only have the right to live in the Philippines for a long time, which is equivalent to a green card, if you want to cancel or interrupt your immigration status, you can handle it.

How to Cancel Philippine Investment Immigration Visa

Because Philippine investment immigration is managed by the Philippine Investment Authority, if we need to revoke the investment immigration visa, we need to apply to the Investment Authority.

Before canceling the visa, we need to prepare the original passport, existing visa, investment card, order to apply for investment immigration and the account information of the previous remittance (if there is any change, we need to report it to the Investment Bureau in advance to facilitate remittance).

After preparing the materials, we will apply to the Investment Bureau for refund of the card. After the refund of the card is completed, our immigration visa will be canceled and the permanent residence visa for immigrants will be converted into a tourist visa. After the immigration visa is canceled, you can wait for the fixed deposit of US $70,000 investment to be returned to our account, thus completing the cancellation process of the investment immigration visa.

As long as the investment immigration visa is canceled, our money can be withdrawn, but the return time may be relatively slow, so you don't have to worry. In addition, if you have any other questions about Philippine visa, please contact our online customer service and wish you a happy life ~