about us contact us
Directory Why the Philippines? FAQ

Quick Link

1 . WHAT IS THE SPECIAL RESIDENT RETIREE’S VISA (SRRV)?

2. WHAT ARE THE BENEFITS UNDER THE PROGRAM?

3. HOW CAN ONE JOIN THE PRA PROGRAM?

4. Where can I use my investment in the Philippines?

5. I would like to learn more about settling in the Philippines. Where can I submit my inquiries?


Frequently Asked Questions

1 . WHAT IS THE SPECIAL RESIDENT RETIREE’S VISA (SRRV)?

 

It is a special non-immigrant visa issued by the Bureau of Immigration through the Philippine Retirement Authority (PRA). It is issued upon approval of application to foreigners and former Filipino citizens. It entitles the holder to multiple-entry privileges with the option to reside permanently in the Philippines.

 

2. WHAT ARE THE BENEFITS UNDER THE PROGRAM?

  Once you are an SRRV Visa holder, it opens the door to vast opportunities and benefits. These include:

1.Option to Retire Permanently

  • You may live, work and study in the Philippines

2. Multiple Entry Privileges

  • You may travel outside the Philippines and re-enter anytime

3.   Exemptions from:

  • Income tax over your pension and annuities;
  • Exit and re-entry permits of the Bureau of Immigration;
  • Annual registration requirement of the Bureau of Immigration; Customs Duties and
  • Taxes with regard to the importation of household goods and personal effects up to US$7,000.00;
  • Travel tax, if you stay in the Philippines is less than one year from the last entry date; and
  • I-Card

 

3. HOW CAN ONE JOIN THE PRA PROGRAM?

 

You can apply online at www.pra.gov.ph

or if you are based in the Philippines, you may secure an application form and submit to:

29th Floor Citibank Tower
Valero corner Villar Streets,
Makati City, Philippines
Tel. No. (632) 848 1412

You may also visit the Philippine Retirement, Inc. office for assistance:

29th Floor Citibank Tower
Valero corner Villar Streets,
Makati City, Philippines
Tel. No. (632) 817 1090

 

4. Where can I use my investment in the Philippines?

 

Your investment may be used in :

  • purchase of condominium unit/s
  • long-term lease of house and lot or condominium unit
  • construction of residence on a leased parcel of land
  • purchase of proprietary membership in a golf and/or country club

 

5. I would like to learn more about settling in the Philippines. Where can I submit my inquiries?

 

You may inquire at the Philippine Retirement, Inc. at:

philippineretirement@yahoo.com.ph

Tel/Fax : (632) 817 1090

 

home | directory | why the philippines | how can i retire | FAQ | about us | contact us
(C) Copyright 2008. Philippine Retirement Inc. All Rights Reserved.