Philippines SRRV Retirement Investment Visa Required Information and Processing Process

1. what is an SRRV Retirement Visa?

Philippine Retirement Visa SRRV is the abbreviation of Special Resident Retiree's Visa, which literally translates as "Special Resident Retirement Visa". Generally speaking, people also call it "Philippine Special Retirement Visa", "Philippine Retirement Immigrant", "SRRV Visa", "Philippine Card" and "Philippine Pension Immigrant". In fact, they are all about this kind of visa, not many kinds. Don't be confused.

Philippine SRRV is a special non-immigrant visa, which is issued by the Philippine Immigration Bureau through the retirement program of the Philippine Retirement Agency's Philippine Retirement Authority (PRA). Apart from foreigners, former Philippine citizens who want to return home frequently also rely on this SRRV, whose gold content and stability can be imagined. SRRV holders enjoy visa-free access, multiple entry rights, and the right to settle permanently in the Philippines.

Advantages of 2. the SRRV visa:

1. Free entry and exit and residence in the Philippines: Many friends are attracted by the natural environment of the Philippines and want to live by the sea, or often come to the Philippines for vacation and relaxation, enjoying an average temperature above 25 degrees and haze-free weather. Holding a Philippine retired immigrant visa can facilitate entry and exit and long-term residence.

2. No need to give up one's passport: retired immigrants are permanent residence visas (similar to green cards in the United States), not citizens, and do not need to give up their nationality.

3. Enjoy international education: Due to the long-term influence of the United States, the official language of the Philippines is English, and the education system is also American; the penetration rate of international schools in the Philippines is high, and the cost is much lower than that of European and American countries, but they can enjoy the same teaching quality. Philippine international school education has a bridging curriculum, children can complete their studies in the Philippines, seamless access to European and American universities.

4. Children can obtain the status of overseas Chinese students to take the college entrance examination: if they do not consider studying in international schools in the Philippines, children can take the overseas Chinese joint examination as retired immigrants. The difficulty of the examination questions for overseas Chinese students is far lower than that of the domestic ordinary college entrance examination papers, the admission score is far lower than that of the domestic ordinary college entrance examination, the number of references is small, and the probability of being admitted by 985 and 211 universities is high.

Information needed to 3. a retirement visa

1. Fill in 1 investment immigration application form

2, my original passport, the validity of the best more than 1 year

3. Notarization of good people without crime/certification of Philippine Consular Department

4, medical notarization must be certified by the Philippines, can enter Manila after 1-2 days of working days

5. Marriage Notarization/Philippine Consular Department Certification, if spouse also applies

6. Birth notarization/Philippine Consular Department Certification, if the child also applies

7. Provide 6 2-inch color photos and 6 1-inch photos each

8, bank remittance certificate-the bank must be certified by the investment bank.

9, 50 years of age or older $20100 term bank deposits, can not be converted to any bank investment, such as withdrawal or withdrawal of $20100 is equivalent to the cancellation of the visa.

10. Membership fees payable to the Retirement Department

11. Annual fee (household)$ 360/year, plus $100/person for each additional family member

4. SRRV Retirement Visa Application Process:

Step 1: First, apply for double certification of notarial certificate of no crime in China (if you bring your children and lover, you need to add birth paper and marriage certificate documents)

Step 2: go through the entry formalities (travel visa, business visa two choose one)

Step 3: Handle Philippine bank cards after entry (e. g. Development Bank of the Philippines)

Step 4: Remittance 20000 or US $50000 to DBP, Philippine Development Bank

Step 5: Physical examination. Take the following form to the hospital or clinic for physical examination. The doctor will write down the results of the physical examination and sign it. He will also write down the name of the hospital.

Step 6: Submit the application form, double certification documents and government fees.

Step 7: Wait for the approval of the audit information and obtain the right of permanent residence in the Philippines.