Buy stocks in the Philippines and you can get an investment immigrant visa SIRV!

There are many ways to be deeply integrated into a country, is it a strange way to open an account to buy stocks? Some experts say that due to the Fed's continuous interest rate hike policy, the dollar return, resulting in a sharp decline in Southeast Asian stocks at a historical relative low, is a good opportunity to start, but the stock market risk to enter the market need to be cautious.

PART 01 Philippine stock market

At present, there are a total of 287 listed companies in the Philippines, with about 1.6 million shareholders. According to incomplete statistics, only about 15 million of the Philippines' population of more than 0.1 billion are qualified to buy and sell stocks.

What do you think?

What do you think of the Philippine stock market? Is it a good opportunity to copy the bottom.

PART 02, Investment Immigration Visa

sirv [Special Investment Residence Visa]-English name: Special Investor's Resident Visa is a visa issued by the Philippine government to attract foreign investment into the Philippines, requiring investors to remit about US $75,000 to authorized banks for investment in companies, stocks, etc.

During the period of maintaining investment, SIRV visa holders can live in the Philippines indefinitely, and their children can participate in the overseas Chinese joint examination! The SIRV visa does not require the holder to maintain his or her status by actual residence in the Philippines every year, and can enter and leave the Philippines at any time.

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Long-term residence, unlimited access.

01. Handling Conditions

1. The main applicant is a foreign citizen over the age of 21 (except for citizens of countries that have no diplomatic relations with the Philippines and persons whose classification by the Ministry of Foreign Affairs is restricted), and US $75,000 covers the main applicant, his spouse and unmarried children under the age of 21;

2. Report to the Investment Immigration Department every year and need to provide proof that the assets are not less than US $75,000;

3. The deposit of US $75,000 will be used to purchase shares, open a company or invest as a shareholder in an existing Philippine 40-60 company.

02. Handling Process

After submitting an application for SIRV, the applicant prepares the relevant application materials for submission to the Investment Immigration Department (BOI). After receiving BOI's endorsement, submit it to the designated bank: Philippine Development Bank (DBP).

After receiving the endorsement, DBP will assist the applicant to open a time deposit account and deposit $75,000 into the opened time deposit account (which can be directed from overseas through the remittance scheme provided by DBP). After the deposit is received, the customer has the right to control and sign an investment letter of intent (BOI SIRV Form SH022).

03. Update and Cancel

After receiving the SIRV visa, first of all, you need to report to the Investment Immigration Department every year (you can go there as an agent). Secondly, the SIRV visa card is updated every 3 years. Different investment methods need to provide different documents.

If the SIRV visa is to be canceled: if the SIRV holder is not in the Philippines at the time of cancellation, the SIRV can be canceled directly; if the holder is still in the Philippines at the time of cancellation, you can apply for a visa reduction. After being downgraded to a tourist visa, the original SIRV holder has a period of preparation time to leave the Philippines.

Special reminder: Once SIRV status is downgraded or canceled, the original holder of SIRV is free to sell shares or can withdraw funds from the invested company at any time.

PART 03, SIRV

SIRV Investment Visa:

Full service fee: detailed consultation

Information preparation: original passport

Process:

1. Medical examination and NBI shall be arranged after entering the country.

2, money from abroad, two options: first, can be the National Development Bank, and then let dbp bank issue a certificate to boi to apply for a permanent residence visa. Go to boi to open your own account and apply for a permanent residence visa.

PS: In the first few months, because the money had not been put in the invested stocks, boi invested in icard for 6 months. In this 6 months. The documents of the investment place will be changed to icard for 3 years!