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ABOUT SPECIAL RESIDENT RETIREE’S VISA (SRRV)

The Special Resident Retiree’s Visa (SRRV) is a special resident, non-immigrant visa with multiple entry/indefinite stay privileges. Moreover, the visa comes with value-added services, privileges and benefits.

The SRRV is especially designed for those who wish to live in the Philippines on an extended or permanent basis. It is a “lifestyle” visa for those who enjoy perks and privileges, a “hassle-free” visa for the frequent business traveler, and a “retirement visa” for the elderly who need special care for their special needs.

BENEFITS:

- Right to reside permanently;
- Multiple entry privileges;
- Exemption from the Exit Clearance and Re-Entry requirements of the Bureau of Immigration (BI);
- Exemption from Travel Tax, provided the SRRV holder has not stayed in the Philippines for more than a year from date of last entry;
- Tax-free importation of household goods/personal effects worth US$7,000.00;
- Exemption from the Special Study Permit;
- Privilege to work in the Philippines upon issuance of the AEP;
- Right to own a condominium unit or townhouse with Condominium Certificate of Title (CCT);
- Right to lease a parcel of land for 50 years renewable once for another 25 years; and
- Guaranteed repatriation of the Dollar Time Deposit and/or investment.

REQUIREMENTS:

All requirements shall be submitted to the Philippine Leisure & Retirement Authority office at:

PHILIPPINE LEISURE & RETIREMENT AUTHORITY
29th Floor, Citibank Tower
8741 Paseo de Roxas, 1200 Makati City
PHILIPPINES

PRINCIPAL APPLICANT

> Duly accomplished Philippine Leisure and Retirement Authority Application Form ;
> Original Passport with Valid Entry Status;
> Medical Examination Clearance (if secured abroad, to be translated in English, if applicable, and authenticated by the Philippine Embassy/Consulate;
> National Bureau of Investigation (NBI) Clearance from the Philippines or Police Clearance from abroad (to be translated in English, if applicable, and authenticated by the Philippine Embassy/Consulate)
> 6 pieces of 1x1 and 6 pieces 2x2 Pictures
> Bank Certification of Dollar Time Deposit – Inward Remittance to PLRA Accredited Banks
> Depository Requirements:

* 35 – 49 years old = US$ 75,000.00
* 50 years old and above = US$ 50,000.00
* Former Filipinos = US$ 1,500.00 (at least 35 years old but regardless of the number of dependents)
* Retired ADB employees = US$ 25,000.00 (50 years and above) = US$ 50,000.00 (below 50 years old)
* Retired Foreign Ambassadors = US$ 1,500.00
* Retired military personnel (and members of the diplomatic corps below Ambassador level) = US$ 50,000.00
* Additional Dependent (in excess of two) = US$ 15,000.00 (except Former Filipinos)

Note: For ADB retirees, the balance of US$ 25,000.00 shall be filled in by pre-existing investment in real property.

> Fees:

* US$1,500.00 processing and service fee
* US$10.00 Annual PLRA ID Card fee (waived for the first year)

SPOUSE

> Duly accomplished Philippine Leisure and Retirement Authority Application Form ;
> Original Passport with Valid Entry Status;
> Medical Examination Clearance (may be obtained from a PLRA-accredited clinic in Manila)
> National Bureau of Investigation (NBI) Clearance from the Philippines or clearance from the applicant’s police authorities
> 6 pieces of 1x1 and 6 pieces 2x2 Pictures
> Marriage Certificate*
> Fees:

* US$300.00 processing and service fee
* US$10.00 Annual PLRA ID Card fee (waived for the first year)

DEPENDENT/S

> Duly accomplished Philippine Leisure and Retirement Authority Application Form ;
> Original Passport with Valid Entry Status;
> Medical Examination Clearance (may be obtained from a PLRA-accredited clinic in Manila)
> National Bureau of Investigation (NBI) Clearance from the Philippines or clearance from the applicant’s police authorities
> 6 pieces of 1x1 and 6 pieces 2x2 Pictures;
> Birth Certificate*
> Fees:

* US$300.00 processing and service fee
* US$10.00 Annual PLRA ID Card fee (waived for the first year)

More information at
http://www.plra.gov.ph