How to Withdraw Money from Philippine Immigrant Visa

The main reason why many people choose Filipino immigration is to serve as a springboard for third-country visas, because there will be very large discounts for springboards from other countries in the Philippines. For example, the United States and Spain, the Philippines was once a colony of these two countries, so in terms of laws and regulations, the Philippines is more convenient for naturalization than for people from other countries to apply directly. After naturalization is successful, the original Philippine visa will not be necessary for yourself, so everyone will choose to cancel the original visa, so how to refund the Philippine immigrant visa before it is revoked.

How to refund money after Philippine immigrant visa is revoked

First of all, everyone knows that it is very convenient to immigrate to the Philippines now. You only need to deposit in the designated bank in the Philippines. There will be different regulations for different ages. At the same time, you can also bring your spouse and children with immigration status. In the retirement immigration plan, people under the age of 50 have $50,000, while people over the age of 50 need to deposit up to 20,000. This part of the money itself cannot be moved, but if you want to apply for revocation of your immigration status, you need to submit the application, provide the corresponding materials and notarize it as needed, and the Philippine Retirement Department will return the deposit to the applicant's collection account after accepting the examination, which will take about two months.

Process and Information for Canceling Immigration Visa

1. First of all, you must provide your own bank account information and submit a form to apply for a visa to withdraw from the Philippines.

2. You can receive the transfer letter in about 1 month, and you can get your original passport back.

3. After your permanent residence visa is canceled, it will be replaced by a 59-day one-way visa, and you need to apply for a customs clearance certificate at the Immigration Bureau before you can leave the country.

4. About one month after the cancellation of the immigrant visa, the Philippine Retirement Agency will transfer the original deposit amount to the account information provided by the applicant.

The information to be prepared includes the original passport of the applicant, as well as the retirement visa and residence card, and the personal account information provided.

You can also choose to handle it by the agency, and you can apply for success without being present.

If you need it, you can consult our platform customer service, which will provide you with more professional services.