What changes have been made to the Philippine retirement immigration policy in 2022?

According to information learned by EasyGo Yiyou International, the Philippine retirement immigration visa policy has recently changed. The preliminary understanding is that the retirement immigration policy has been relaxed. Presumably, friends who want to immigrate to the Philippines can't wait to know the latest policy on retirement migration, can they? Don't worry, please continue to look down.

What changes have been made to the Philippine retirement immigration policy?

The policy changes of Philippine immigrant visa are mainly aimed at the changes of classic plan, while the policy of retirement immigrant smile plan has not changed. The original application requirement for the classic plan was to deposit US $20 million in the Philippine Retirement Agency. After this change, a new application requirement was introduced. The new application requirement is to deposit 10,000 US dollars, provided that there is a fixed pension every month and proof is provided.

This is the policy change for Philippine retired immigrants to apply. Many people will be suitable for this policy change. Therefore, EasyGo Yiyou International speculates that many people will apply for Philippine retired immigrants. EasyGo Easy Travel International can provide assistance for retirement immigrants. If you need assistance from EasyGo Easy Travel International, please contact us.

Can the money saved in the Philippine Retirement Agency be used?

The money that applies for retirement immigrants to deposit in the retirement department account cannot be moved. The Philippine government stipulates that the money of the classic retirement immigration plan cannot be moved, and the money of the smile plan can be used to buy a house. The money of the classic plan cannot be moved or withdrawn. There is only one case where the money can be recovered, that is, to give up the retirement immigration status. After giving up the status, the money can only be obtained after a few months. The main refund time is still Depends on the Retirement Department.

These are all the latest changes in the retirement immigration policy. EasyGo Easy Travel International will bring you information on Philippine immigrants for the first time. I hope you can like it. If you still have any questions, please contact EasyGo Easy Travel International Customer Service. If you need the assistance of EasyGo Easy Travel International, you can also contact our customer service. Here EasyGo Easy Travel International wishes you a happy life.