How much does it cost to apply for a retired Filipino immigrant?

The Philippines is a very suitable country for the elderly. First, the environment here is good, second, the prices here are low, and third, the pension policy here is good. The Philippines has also attracted many foreigners to provide for the aged. Many people want to come to the Philippines to provide for the aged but do not know how much it costs to apply for a Philippine retirement immigrant visa. This article EasyGo Easy Travel International will give you a detailed answer.

How much does it cost to apply for a retired Filipino immigrant?

There are two modes for Philippine retired immigrants. The first mode is the smile plan and the second mode is the classic plan. The money required for the two plans is different, but one thing is that the money is in a designated account that needs to be deposited with the Philippine Retirement Agency.

Applying for the Smile Program requires a $50,000 deposit in a designated account, and this $50,000 can be used to buy property. Applying for the classic plan requires a deposit of 20,000 US dollars in a designated account, but the money cannot be moved, so the classic plan for retired immigrants is the model with the lowest threshold for Filipino immigrants. It is also a mode of application by more people.

Abandoning Philippine retired immigrants, can the money in the designated account be refunded?

Those who can be refunded only apply to give up their retired immigrants. If the money cannot be refunded immediately, it will take several months for the refund to arrive at the account. In short, the specific time is decided by the Philippine Retirement Agency. The amount of money on the account will be refunded.

It should be noted that those who have given up their retirement immigration visa need to go through ecc customs clearance procedures when leaving the Philippines. If they do not go through ecc customs clearance procedures, they will be intercepted when leaving the country. This point needs to be kept in mind by those who have retired immigration visas.

How much does it cost to apply for a Philippine retirement immigrant visa? EasyGo Easy Travel International has already answered for you. If you have any questions after reading the article, please consult our EasyGo Easy Travel International Customer Service. EasyGo Easy Travel International can help you apply for a Philippine retirement immigrant visa. Our assistance can save you a lot of worry. Please add customer service WeChat if necessary!