How does the Philippines emigrate now and how much does it cost to emigrate now?

Before immigrating overseas, people would think that this is a very distant dream, but with the prosperity of the economy and the improvement of personal living standards, immigration is also a dream that can be realized for many people. Moreover, the immigration threshold in the Philippines is very low, and everyone only needs to deposit a certain amount in the designated bank to get immigration status. So how does the Philippines emigrate now and how much does it cost to emigrate? Let's take a look at it.

How does the Philippines immigrate now

In order to attract more people to invest in the Philippines, the Philippines has set the threshold for immigration very low, so many people have seized the opportunity of immigration. Now the Philippines can obtain Philippine immigration status as long as it can deposit a certain amount in a designated bank, although it will be divided into several forms according to age. The way to become a Filipino immigrant is two kinds of retirement immigrants and investment immigrants. Another thing is to apply for a marriage visa after marrying a Filipino, and then you can get the right to permanent residence after 5 years. And after immigration, you can bring your spouse and an unmarried child under the age of 21, or two unmarried children under 21.

How much do Filipino immigrants cost now

Immigrants to the Philippines are now divided into two forms, one is retired immigrants and the other is investment immigrants. If you invest in an immigrant, you can invest in a company in the Philippines, which can be founded by yourself or an existing enterprise in the Philippines. After the investment amount is 75,000 US dollars, you can obtain the status of an investment immigrant.

Retired immigrants, on the other hand, are divided into a smile plan and a traditional plan, and the amount of money they need to deposit varies depending on their age. Applicants aged 35 to 49 deposit US $50,000 in designated banks, while those over 50 deposit US $20,000, which can be used to invest in real estate in the Philippines. The smile plan is for a 35-year-old to deposit 20,000 US dollars, but this part of the deposit cannot be withdrawn, otherwise it will be regarded as an automatic waiver of immigration status.

Immigrating to the Philippines can be said to be a very simple thing now. If you prepare your own information and remit your deposit to a designated account, you can apply for an immigrant visa to the Philippines. If you have any other questions you want to consult, or want to know more about Philippine immigration policy, you can consult our platform customer service, here will bring you more detailed answers.