SRRV, The Special Retirement Residence Visa, issued by the Philippine Retirement Authority (PRA), is a type of permanent residency visa. As long as the applicant meets the age and financial conditions, they can obtain the qualification of unlimited multiple entries and long-term legal residence through bank deposit. Unlike general tourism policy certificates or work visas, SRRV Holders do not need to leave the country regularly or handle complicated renewals, nor do they have a specified annual stay time.
In addition, SRRV Allowing applicants to bring their spouse and unmarried children under the age of 21 to obtain residency status together is the most convenient and relatively low-cost migration option for foreign nationals who wish to retire, retire, or plan a second residence in the Philippines.
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SIRV, The Special Investment Residence Visa, managed by the Board of Investments (BOI) of the Philippines, is a residence visa system designed specifically for foreign investors.
Foreigners only need to invest no less than $75000 in the Philippines and invest their funds in BOI Recognized industries or enterprises, or purchasing stocks of listed companies, can obtain long-term legal residency status.
SRRV Holders do not need to leave the country regularly or handle complicated renewals, nor do they have a specified annual stay time.
Similarly, SIRV Spouses and unmarried children under the age of 21 are also allowed to apply together. For business owners who plan to establish factories in the Philippines to expand their market or serve as investment bases in the ASEAN region, SIRV It is an important tool for entering the Philippines.
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