Philippine SRRV Retired Immigrant Visa Questions and Answers

For China, the Philippines is slightly better in terms of distance. It takes 2-3 hours for China to go to the Philippines. Coupled with the superior climate and environment, good quality and low price, one of the world's ideal vacation and health destinations is an excellent place to move.

The Philippines, with Asia's best beaches and world-recognized high-quality islands and stunning attractions, is on the Forbes list of the "20 Best Retirement Places in the World. In addition, the Philippines also has the cheapest and easy-to-do retirement immigrant visa SRRV.

01. What is the full name of SRRV?

A: Special Resident Retiree's Visa "Special Residence Retirement Visa", also known as "Philippine Special Retirement Visa", "Philippine Retirement Immigrants", "SRRV Visa", "Philippine Green Card" and "Philippine Pension Immigrants".

SRRV is promulgated by the Philippine Immigration Bureau through the Philippine Retirement Authority of the Philippine Retirement Agency (PRA). Apart from foreigners, if former Filipino citizens want to return home frequently, most of them also rely on this SRRV. Its gold content and stability can be imagined!

SRRV holders have the right to multiple entries and the right to permanent residence in the Philippines.

02. Can I be naturalized after holding SRRV?

A: There is a small possibility in theory, but in fact it is extremely difficult. It is extremely difficult for you to give up your Chinese nationality because you want to enter the Philippines.

Nowadays, more and more "experienced people", when facing the naturalization choice of the United States and Australia, most of them "only take green cards, not naturalization".

The Philippine Naturalization and Naturalization Act stipulates that foreigners entering the Philippines need to live in the Philippines for 10 consecutive years. Some cases can be reduced to 5 years, such as: intermarriage, big contribution, local birth, two years in the teaching profession, etc.

To sum up, it is difficult and unnecessary.

03. What is the difference between applying for Philippine SRRV and Philippine tourist visa?

A: The following benefits are available:

1) No need to change Chinese nationality: hold Philippine pension visa and identity backup at the same time;

2) Can live in the Philippines for a long time: there is no restriction on entry and exit, and can live for 365 days/year;

3) Purchase of medical insurance to enjoy medical benefits: You can join Philippine medical insurance, purchase commercial insurance, etc., and fully cover multiple medical levels;

4) Education and welfare: Philippine international school education in a pure English environment, teachers are from the United States, Australia and other countries, the level is high in Southeast Asia. Reduce the cost of education, tuition is about 1/3-1/4 of that in China;

5) Enterprises going to sea: covering the Southeast Asian market and reducing operating costs by about 1/2 of the domestic market;

6) Bank Account Opening Non-CRS Countries: Holding SRRV can enjoy the privilege of opening an account in Philippines.