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.

MOBILITY ASSSET SNAPSHOT

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.

फिलिपींस
Mobility Asset Index Score
81.30%
गतिशीलता परिसंपत्ति प्रकार
स्वतंत्र साधन वीज़ा
Official Name
Special Resident Retiree's Visa" (SRRV)
Launched in:
1985
Online Submission:
हाँ
Residency Privileges
(in months)
Lifetime
Adjudication Time
(in months)
3
Minimum Stay Requirement
(in days)
183
In-Country Presence Requirement
(in months)
12

अवलोकन

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

उच्च

Family Allowance

Spouse and children

अवलोकन

How to Apply for the Independent Means Visa in the Philippines

Submit application to the Philippine Retirement Authority (PRA)

अवलोकन

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.

प्रश्न?

FAQ's

Find answers to common questions about GlobalPassport™ and our services.

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

प्लस आइकन

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

प्लस आइकन

What types of investments qualify for the SRRV?

प्लस आइकन

How often do I need to renew my residency permit?

प्लस आइकन

Can Independent Means Visa holders apply for Philippines citizenship?

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प्लस आइकन

benefits

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

English-speaking workforce

Low cost of living

Beautiful natural environment

Low monthly income requirement

Lifetime residency privilege

Online Submission Allowed

Visa-Free Travel Countries

62

Passport Validity

10 years, 5 years for children

अवलोकन

Why Philippines

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

फ़ायदे:

  • 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

प्रश्न?

FAQ's

Find answers to common questions about GlobalPassport™ and our services.

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

प्लस आइकन

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

प्लस आइकन

What types of investments qualify for the SRRV?

प्लस आइकन

How often do I need to renew my residency permit?

प्लस आइकन

Can Independent Means Visa holders apply for Philippines citizenship?

प्लस आइकन

प्लस आइकन

REQUIREMENTS

Requirements for Philippines - Independent Means Visas

Check if you qualify based on your family history

Direct Ancestral Connection

Not applicable

Documentation

Minimum Income or Savings: Pensions, Investments, Rental income+Regular Income Stream: Monthly pension payments, Annuities, Proof of Financial Independence

Unbroken Chain of Citizenship

Not applicable

Legal Compliance

Criminal Record: A clean criminal record is required

REQUIREMENTS

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

PROCESS

Independent Means Visas Process

#1

Initial Assessment

• Verify passive income sources

• Confirm income thresholds

• Review healthcare requirements

• Complete financial documentation

#2

Selection Phase

• Choose destination country

• Review residency requirements

• Assess tax implications

• Select optimal visa category

#3

Application Preparation

• Gather proof of income

• Obtain health insurance

• Prepare bank statements

• Complete background verification

#4

Submission

• Submit residency application

• Pay visa fees

• Schedule interview (if required)

• Provide biometric data

#5

Residency Setup

• Receive residency permit

• Register with local authorities

• Set up banking/utilities

• Complete residency registration

Start now by taking our free assessment

START ASSESSMENT

PROCESS

Timeline for Philippines - Independent Means Visas

DOCUMENTS

Documents Needed for Philippines - Independent Means Visas

Important Notes
• All documents must be original or certified copies
• Non-English documents require certified translations
• Documents must be apostilled where applicable
Personal Identification Documents
Core identity documents required from the applicantis is some text inside of a div block.

Passport+Biometrics

महत्वपूर्ण रिकॉर्ड दस्तावेज़
Birth, marriage, and death certificates from applicant and ancestors

Marriage certificate and birth certificates of dependents (if applicable)

Proof of Residence Documents
Evidence of current residence status

हाँ

Criminal Clearance Documents
Background check documentation

A clean criminal record is required, confirmed through a police clearance from the country of origin

Financial Documents
Proof of payment and financial requirements

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

Costs Associated with Philippines - Independent Means Visas

Pre-Application Costs
Essential document preparation and verification costs

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

Government Application Fees
Official fees charged by government authorities

Initial application submission fee; Processing and handling charges; Administrative review fees

$1,400

Fingerprint collection fee; Digital photograph requirements; Biometric data processing

Required medical examinations; Vaccination verification; Health certificate processing

Post-Submission Costs
Costs after submitting your application

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

Professional Services
Optional external support services

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

Post-Acceptance Costs
Costs after approval

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

GlobalPassport™ Mobility Asset Index

1

समग्र रैंक

Cost

Based on application fee

Residency Requirements

Based on residency requirements

Residency Privileges Length

Based on programs’s term

Processing Speed

Based on estimated processing time

Eligibility Requirements

Based on entry requirements

Program Stability

Based on years of activity

Time to Permanent Residency

Based on permanent residency timeline

Rankings

Global Rankings/ Comparisions

Safety

फिलिपींस

104

जीवन यापन की लागत

फिलिपींस

88

Quality of Life

फिलिपींस

37

Healthcare Quality

फिलिपींस

137

Internet Speed

फिलिपींस

49

Human Freedom

फिलिपींस

103

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