MORE ABOUT Philippines

Philippines's Independent Means Visas

The Independent Means Visa in the Philippines (also known as Special Resident Retiree's Visa or SRRV) offers permanent residency to qualified individuals who can meet specific financial requirements and age criteria.

Statistics

Philippines - Independent Means Visas

Discover Independent Means Visa in the Philippines

The Special Resident Retiree's Visa (SRRV) program in the Philippines provides a pathway to permanent residency for retirees, investors, and other individuals looking to establish residency in a tropical paradise with a favorable living environment.

Minimum Income Amount

Varies based on age and program type

Visa-Free Travel Countries

78

Months to Visa

2-3 months

Overview

A Snapshot of Independent Means Visa in the Philippines

A fast-track to permanent residency for qualified individuals in the Philippines

Eligibility Requirements

Individuals with passive income from a foreign source

Anchor Ancestor restrictions

Months to citizenship

Length of Visa

Indefinite stay with multiple entry privileges

Months to Visa

2-3 months

Physical Presence Requirement

None

Availability

High

Family Allowance

Spouse and children

Overview

Benefits of Independent Means Visa in the Philippines

Independent Means Visa in the Philippines (Special Resident Retiree's Visa)

The program offers numerous advantages for individuals looking to establish their presence in the Philippines' tropical paradise.

  • Indefinite stay with multiple entry privileges for you and your immediate family
  • No physical presence requirements to maintain residency status
  • Tax-free importation of household goods up to $7,000

How to Apply for the Independent Means Visa in the Philippines

Submit application to the Philippine Retirement Authority (PRA)

Overview

Requirements for Philippines' Independent Means Visa

To qualify for the Independent Means Visa, applicants must meet specific criteria based on age and financial capability.

  • Be at least 35 years old
  • Make a required deposit or investment, ranging from $10,000 to $50,000, depending on age and program type
  • Pass a medical examination
  • Provide police clearance from country of origin
  • For some programs, prove a monthly pension of $800 for individuals or $1,000 for couples

Overview

Documents Needed for Philippines's Independent Means Visas

Completed SRRV application form

Valid Passport

Medical examination clearance

Police clearance certificates

Bank certification of deposit

6 pieces of 1x1 and 6 pieces 2x2 pictures

Marriage Certificate

Discover How GlobalPassport Simplifies the Application Process for Philippines's Independent Means Visas

Step-by-Step Guidance

Our experienced team will guide you through each stage of the application process, offering personalized assistance tailored to your needs.

Document Preparation

We'll help you gather and organize the documents you need for applying.

Application Submission

Once your documents are ready, we'll let you know where and how to submit your application to the relevant authorities.

FAQs about Philippines's Independent Means Visas

How long does it take to process an Independent Means Visa application?

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Can I include my family members in my Independent Means Visa application?

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What types of investments qualify for the SRRV?

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How often do I need to renew my residency permit?

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Can Independent Means Visa holders apply for Philippines citizenship?

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Why Philippines

The Philippines offers a tropical paradise, low cost of living, and welcoming environment for foreign residents.

Benefits:

  • Tax exemptions on pensions and annuities
  • No import tax on household goods up to $7,000
  • Beautiful beaches and tropical climate

Advantages:

  • Low cost of living
  • Friendly local culture
  • English widely spoken

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