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In the immigration policy of the Philippines, there are two situations, one is through retirement immigration, and the other is through investment immigration. These two different ways of immigration need to be managed in contact with different places.
How to Handle Philippine Retirement Immigrant Visa
This policy was introduced in 1985 to allow more foreigners to invest, travel or be exclusive in the Philippines, thereby helping the Philippines develop its own economy. If you want to apply for a retirement immigrant visa, you need to know the whole process.
According to the retirement immigration, it belongs to the type of classic plan. Applicants over the age of 50 need to deposit a fixed deposit of US $20,000 into the Philippine Development Bank. If the applicant wants to bring his spouse and an unmarried child under the age of 21, he does not need to increase investment and can handle it directly. The same requirement is true for two unmarried children under the age of 21, but more than two are subject to an investment of $10,005 per person.
After meeting the conditions and submitting the relevant information of the application, you can bring the remittance certificate to go through the visa collection procedures.
Advantages after Filipino Immigrants
On the one hand, the choice is that the environmental conditions here are relatively good, which is very suitable for old-age living. On the other hand, in the process of applying for a visa, there is no need for too complicated conditions, the threshold is relatively low, and there is no requirement for economic income and residence. You can obtain identity by depositing a certain amount. After you have a visa at the same time, you can have free access, school, work and residence opportunities in the Philippines.
The consumption level here is not high, the living environment is still very beautiful, even if you don't have much income, you can live easily. The key is that you can apply for overseas Chinese status, and all kinds of preferential conditions will be obtained for investment in China. At the same time, their children can also choose to take the joint examination of overseas Chinese students, and they can enter the famous schools in China with very low scores. In addition, the Philippine visa can be a private visa, using passports from other countries as a transit point.
Through the content of the article, you can know how to apply for a Philippine retirement visa. Friends who need it can contact online customer service. They will answer your questions patiently. If you have other visa questions that need to be consulted, you will be provided with free services.
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