Philippine Retired Immigrants Sign-SRRV

The full name of SRRV is Special Resident Retiree's Visa, or "Philippine Retirement Immigrant Visa". It is a permanent special retirement residence visa issued by the Philippine Retirement Service to qualified foreigners and former Filipino citizens who wish to make the Philippines a second home.

SRRV is currently one of the convenient and low-cost green cards for family migration. It has multiple and indefinite entry privileges, and the visa processing threshold is very low. It does not need to provide a source of funds, and there are no requirements for language and academic qualifications. In other words, it meets the application conditions., You only need to save money to get your identity.

Previously, it could be processed at the age of 35, but it will be reaccepted on May 17, 2021, and only the application qualifications of applicants over 50 years old will be opened (it is reported that the age may be lowered to 40 years old and the deposit threshold will be raised. If there is any new change, the Far East Legal Affairs Association will inform you as soon as possible).

Application Requirements

1. At or above the age of 50, you can bring your spouse and unmarried children under the age of 21.

2. All applicants are required to be in good health and have no criminal record, and applicants over the age of 18 are required to provide proof of no crime.

3. Deposits must be remitted from abroad to designated bank accounts.

4. If you want to give up SRRV, you need to apply for cancellation of immigration status before applying to return the deposit to me.

Investment requirements

1. Smile Plan: If the number of applicants does not exceed 3, the US $20000 deposit will be remitted to a bank designated by the Philippine Retirement Office for deposit. It cannot be withdrawn. When the visa is canceled, it will be refunded in full. In other words, the applicant can bring his spouse and an unmarried child under the age of 21. If the spouse does not participate, then you can bring two unmarried children under the age of 21. If there are more than 3 people, each additional person from the 4th person will need to be increased by 15000 US dollars.

2. Classic Plan: Similar to Smile Plan, if the number of people handled does not exceed 3, the deposit will be 50000 US dollars, and each additional person will need to be increased by 15000 US dollars from the 4th person. Unlike the Smile plan, the Classic plan deposit can be withdrawn for the purchase of a home (purchase of apartments, existing villas and land).

In addition, I would like to clarify a few questions with you. In terms of medical examination, the official documents given by the Philippine Department of Retirement Immigration classify medical examination diseases into three categories, including dangerous and continuous diseases (which are malignant infections), serious mental disorders, and secondary conditions. High blood pressure or hepatitis B does not belong to the former two can apply for SRRV. Finally, if you do not plan to hold SRRV again, you can apply to the Philippine Retirement Agency for cancellation of the retirement immigrant visa, which usually takes 15 working days to process. After approval, the money will be fully refunded to the applicant's account. Finally, SRRV needs to be renewed once a year, with an annual fee of US $360 and an extra US $100 for a family with more than three people.