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Naturalization in the Philippines is to change your nationality and become a Filipino. This time is tantamount to automatically giving up the status of a Chinese citizen. However, foreigners who want to be naturalized in the Philippines must not only pay the corresponding naturalization fees, but also meet the conditions for long-term stable residence in the Philippines. It does not mean that anyone can apply for naturalization. So is it okay to naturalize the Philippines for 350,000 yuan, and what are the preferential conditions when applying for naturalization?
Is it okay to naturalize the Philippines for 350,000 yuan
In the naturalization regulations of the Philippines, the main condition is the length of residence in the Philippines, not the amount of money that needs to be spent. The naturalization of expatriates in the Philippines is reviewed on the basis of naturalization. Therefore, it is necessary for foreigners to live in the Philippines for 10 years before they can apply. If they are engaged in government work in the Philippines or have made special contributions to society, if they have taught in the Philippines for at least two years, they can live in the Philippines for 5 years. Apply for naturalization.
In order to meet reasonable living conditions during their stay in the Philippines, everyone can apply for immigration first, and the maximum cost of immigration is 50,000 US dollars, which is about 300,000 yuan if converted into the current RMB. Therefore, if it is 350,000 yuan, it is possible to apply for immigration in the Philippines first and then apply for naturalization.
Do you need any other information for naturalization in the Philippines with 350,000 yuan?
If you are naturalized after immigration, then this part of the money can be used to invest in real estate. If you choose other naturalization methods, such as the introduction of special talents or the way of birth naturalization, the related expenses need to be calculated separately. When naturalizing, personal information will be reviewed, such as no criminal record, no disputes during residence in the Philippines, and personal economic situation, etc., if the conditions are met, the Philippines can be successfully naturalized.
The advantage of naturalization in the Philippines is that it can provide an all-English teaching environment and an international investment environment, so from a practical point of view, it is still very good after naturalization. For those who want to be naturalized in the Philippines, you can find our platform customer service to understand other advantages of naturalization in the Philippines, and you can also handle various visas to bring convenience to your travel.
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