Who mainly applied for the Philippine Retirement Immigration Scheme?

There are two plans to immigrate to the Philippines, and retirement immigration is one of them. People from all over the world can apply for the Philippine retirement immigration plan, because the immigration plan is only open to foreigners. The Philippine Retirement Immigration Program is applied by many people, including Chinese. So who applied for the Philippine Retirement Immigration Program?

Who are the main applicants for the Philippine Retirement Immigration Scheme?

For the retirement immigration plan, everyone can think of the application for retirement to the Philippines. Yes, that's right. In recent years, all the people who apply for retirement immigration are over 50 years old. People over 50 years old immigrate to the Philippines to enjoy life. Only those over 50 years old can apply. This is also the age requirement for retired immigrants.

A few years ago, people who applied for retirement immigration did not necessarily go to the elderly. In the past, the minimum age requirement for retirement immigration policy was 35 years old, so those who applied for retirement immigration in the first two years were between 35 and 50 years old. This group of people mainly went to the Philippines to do business, mainly operating some small businesses. Others immigrated to the Philippines for the education and future of their children, because the Philippines is a western-style education, and after immigrating, their children can also participate in the joint examination of overseas Chinese students.

Can a Filipino Retirement Immigrant Buy a House in the Philippines?

Many people have a crush on real estate in the Philippines. The Philippines is in a stage of rapid development. Houses in Metro Manila have a lot of room for appreciation. Therefore, many people buy houses in the Philippines by applying for retirement immigrants. There are two plans for retired immigrants in the Philippines, one is the smile plan and the other is the classic plan. The smile plan requires a deposit of US $50,000 to the Retirement Agency, which can be used to purchase the property of an open dealer designated by the Philippine government. The classic plan only needs to deposit US $20,000 to the retirement agency, which cannot be used or used to buy real estate.

The question about who is the main person to apply for retirement migration in the Philippines has been analyzed for you. For example, friends who have ideas about the retirement migration plan in the Philippines can consult our customer service details. We can assist you in handling various procedures for retirement migration. Please contact customer service if necessary!