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.
MOBILITY ASSSET SNAPSHOT
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.
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Overview
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
Submit application to the Philippine Retirement Authority (PRA)
Questions?
Find answers to common questions about GlobalPassport™ and our services.
How long does it take to process an Independent Means Visa application?
Can I include my family members in my Independent Means Visa application?
What types of investments qualify for the SRRV?
How often do I need to renew my residency permit?
Can Independent Means Visa holders apply for Philippines citizenship?
benefits
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.
English-speaking workforce
Low cost of living
Beautiful natural environment
Low monthly income requirement
Lifetime residency privilege
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Online Submission Allowed
Visa-Free Travel Countries
62
Passport Validity
10 years, 5 years for children
Overview
The Philippines offers a tropical paradise, low cost of living, and welcoming environment for foreign residents.
Benefits:
Advantages:
Questions?
Find answers to common questions about GlobalPassport™ and our services.
How long does it take to process an Independent Means Visa application?
Can I include my family members in my Independent Means Visa application?
What types of investments qualify for the SRRV?
How often do I need to renew my residency permit?
Can Independent Means Visa holders apply for Philippines citizenship?
REQUIREMENTS
Check if you qualify based on your family history
Not applicable
Minimum Income or Savings: Pensions, Investments, Rental income+Regular Income Stream: Monthly pension payments, Annuities, Proof of Financial Independence
Not applicable
Criminal Record: A clean criminal record is required
REQUIREMENTS
To qualify for the Independent Means Visa, applicants must meet specific criteria based on age and financial capability.
PROCESS
Initial Assessment
• Verify passive income sources
• Confirm income thresholds
• Review healthcare requirements
• Complete financial documentation
Selection Phase
• Choose destination country
• Review residency requirements
• Assess tax implications
• Select optimal visa category
Application Preparation
• Gather proof of income
• Obtain health insurance
• Prepare bank statements
• Complete background verification
Submission
• Submit residency application
• Pay visa fees
• Schedule interview (if required)
• Provide biometric data
Residency Setup
• Receive residency permit
• Register with local authorities
• Set up banking/utilities
• Complete residency registration
PROCESS
DOCUMENTS
Passport+Biometrics
Marriage certificate and birth certificates of dependents (if applicable)
Yes
A clean criminal record is required, confirmed through a police clearance from the country of origin
Applicants must provide documentation proving they have sufficient financial means to support themselves in the Philippines+Proof of Income or Wealth: Bank certification of deposit; Proof of pension (if applicable)
DOCUMENTS
Birth certificates from government archives; Marriage certificates for family dependencies; Police clearance records from current and past residences
Certified translations into official language(s); Apostille certification; Government-issued document legalization
Diploma and transcript verification; Professional certification authentication; Credential evaluation services
Initial application submission fee; Processing and handling charges; Administrative review fees
Fingerprint collection fee; Digital photograph requirements; Biometric data processing
Required medical examinations; Vaccination verification; Health certificate processing
Document verification fees; Background check processing; Application status updates
Consulate visit expenses; Interview travel costs; Temporary accommodation (if required)
Language proficiency testing; Skills assessment fees; Additional document requests
Immigration lawyer consultation; Document review services; Legal representation fees
Tax planning consultation; Asset transfer advisory; Investment planning services
Relocation services; Property search assistance; Settlement support services
Residency card processing; Passport issuance fees; Registration certificates
Oath ceremony fees; Registration charges; Local authority fees
Renewal fees; Status maintenance costs; Annual reporting fees
Rankings
1
Overall Rank
Cost
Based on application fee
Residency Requirements
Based on residency requirements
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Residency Privileges Length
Based on programs’s term
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Processing Speed
Based on estimated processing time
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Eligibility Requirements
Based on entry requirements
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Program Stability
Based on years of activity
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Time to Permanent Residency
Based on permanent residency timeline
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Rankings
Safety
104
Cost of Living
88
Quality of Life
37
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Healthcare Quality
137
Internet Speed
49
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Human Freedom
103
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