What is the SRRV Visa ? (Special Resident Retiree's Visa)
The Philippine Retirement Authority (PRA) is a government-owned and controlled corporation mandated to attract foreign nationals and former Filipino citizens to make the Philippines their second home or retirement destination.
PRA’s core product is the Special Resident Retiree’s Visa (SRRV), a non-immigrant visa which allows multiple-entry and indefinite stay in the Philippines.
The Special Resident Retiree's Visa: Your Gateway to Retirement in the Philippines
The Special Resident Retiree's Visa (SRRV) is a unique non-immigrant resident visa that grants holders multiple-entry privileges and indefinite stay status in the Philippines. The SRRV also allows you to bring up to two dependents, including your spouse and/or children.
Qualification
Principal retiree
Any foreign national who is at least 50 years old, except those classified as restricted by the Philippine Department of Foreign Affairs and the Bureau of Immigration can apply for the SRRVisa
Former Filipino citizens
Former foreign ambassadors to the Philippines
Current and former staff members of international organizations including ADB who are least 50 years old
Dependant(s)
Spouse: Marriage Contract
Children: must be a legitimate or legally adopted child of the Principal retiree applicant, unmarried and below 21 years old.
What are the Benefits of SRRV?
The Special Resident Retiree's Visa (SRRV) offers numerous benefits for retirees looking to settle in the Philippines. These benefits include:
- Indefinite stay with multiple-entry/exit privileges
- Exemption from:
Philippine Bureau of Immigration ACR-I Card (Annual Report)
Customs duties & taxes for one time importation of household goods & personal effects worth up to US$7,000.00 Tax from pensions & annuities
Travel Tax, if retiree has not stayed in the Philippines for more than 1 year from last date of entry
Student Visa/Study Permit
- Free subscription to the PRA Newsletter
- Discount privileges from PRA accredited Merchant Partners
- Free assistance in transacting with other government agencies;
- Entitlement to PHILHEALTH benefits & privileges.
