What is the Philippines SRRV visa?
The Special Resident Retiree’s Visa (SRRV) is a long-term resident visa issued by the Philippine Retirement Authority (PRA). It allows foreigners and former Filipinos to live permanently in the Philippines with multiple-entry privileges, tax incentives, and the option to bring family members.
2. Who is eligible to apply for the SRRV visa?
Applicants must be at least 35 years old, in good health, and have a clean criminal record. Depending on age and pension, different SRRV programs are available — such as SRRV Classic, SRRV Smile, SRRV Courtesy, and SRRV Human Touch.
3. What documents are required to apply for the SRRV visa?
Common documents include:
- Valid passport with visa
- Medical examination results
- Police clearance from home country and NBI clearance from the Philippines
- Proof of deposit or pension
- Completed SRRV application form
- Photographs and proof of relationship for dependents
4. How much deposit is required for SRRV application?
The required time deposit varies depending on the SRRV type:
- SRRV Classic: USD 20,000 (for 35+ without pension)
- SRRV Courtesy: USD 1,500 (for former Filipinos or retired military personnel)
- SRRV Smile: USD 20,000 (for 35+ with no pension requirement)
- SRRV Human Touch: USD 10,000 (for retirees needing medical care and with monthly pension)
5. How long does it take to process the SRRV application?
The processing period usually takes 4 to 6 weeks, depending on the completeness of your documents and the verification process by the Philippine Retirement Authority (PRA).
6. Can I bring my family with the SRRV visa?
Yes. The SRRV visa allows you to include your spouse and children (under 21 years old and unmarried) as dependents under one principal application.
7. Can the SRRV deposit be used for investment or property purchase?
Yes, under the SRRV Classic plan, the USD 50,000 or USD 20,000 deposit may later be converted into an investment — such as the purchase of a condominium unit or long-term lease of a house and lot approved by the PRA.
8. What are the main benefits of the SRRV visa?
Key benefits include:
- Permanent residency with multiple-entry privileges
- Tax exemptions on pensions and remittances
- Access to Philippine healthcare and banking
- No need for exit/re-entry visas
- Ability to import household goods duty-free (up to USD 7,000 value)
9. Do SRRV holders need to renew their visa every year?
No. The SRRV is a lifetime visa, but holders must renew their PRA ID annually by paying a small maintenance fee (currently USD 360 per year for the principal and dependents).
10. Where can I apply for the SRRV visa?
You can apply directly at the Philippine Retirement Authority (PRA) office in Makati or through an authorized SRRV service agency such as 菲律宾华人移民（998VISA）, which assists applicants with bank deposits, document preparation, and PRA coordination.
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