Phil - Department of Foreign Affairsbeijingpe.dfa.gov.ph/images/2016/menu_right_doc/SRRVisa.pdf ·...

17
is a government- owned and controlled corporation att ached to the Department of Tourism that is mandated to attract foreign nationals and former Filipino citizens to retire in the Philippines. PRA Head Office: 29!F Citibank Tower, 8741 Paseo de Roxas, Makati City Tel no.:+63 2.848 .1412 Fax no.:+632.848.7106 E·mail: [email protected] Website: www.pra.gov.ph Satellite Offices: Baguio: Unit 8, Bldg. 3 Nevada Square, No. 2 Loakan Road, Baguio City, Benguet, Tel. No. +74.423.3123 Fax . No. +74.424.1423 Subic: G/ F City Tourism Office, Olongapo Convention Center, Old Hospital Road, East Tapinac, Olongapo City, Zambales Clark: 2/ F DTI·Region 3 Office, Angeles Business Center Bldg. , Teresa St., Nepomart Complex, Angeles City, Pampanga Cebu: Unit 202 Club Ultima Tower II, Crown Regency Hotel & Towers, Osmena Blvd, Cebu City 6000 Tel. No . +32 .238.5693 Davao: 2/ F The Royal Mandaya Hotel, 1. Palma Gil St., Davao City 8000 Tel. No. +82.300.6063 M ake the Philippines your dream retirement desti nation ! Live a comfortable life at affordable costs, and E xperience the warmth and c are only Filipinos can offer. Retirement. More fun in the Phil p ines

Transcript of Phil - Department of Foreign Affairsbeijingpe.dfa.gov.ph/images/2016/menu_right_doc/SRRVisa.pdf ·...

Page 1: Phil - Department of Foreign Affairsbeijingpe.dfa.gov.ph/images/2016/menu_right_doc/SRRVisa.pdf · 2016-01-12 · Cebu: Unit 202 Club Ultima Tower II, Crown Regency Hotel & Towers,

is a government- owned and controlled corporation attached to the Department of Tourism that is mandated to attract foreign nationals and former Filipino citizens to retire in the Philippines

PRA Head Office

29F Citibank Tower 8741 Paseo de Roxas Makati City

Tel no+63 2848 1412 Fax no+6328487106

Emiddotmail inquirypragovph Website wwwpragovph

Satellite Offices

Baguio Unit 8 Bldg 3 Nevada Square No 2 Loakan Road Baguio City

Benguet Tel No +74 4233123 Fax No +74424 1423

Subic G F City Tourism Office Olongapo Convention Center

Old Hospital Road East Tapinac Olongapo City Zambales

Clark 2 F DTImiddotRegion 3 Office Angeles Business Center

Bldg Teresa St Nepomart Complex Angeles City Pampanga

Cebu Unit 202 Club Ultima Tower II Crown Regency Hotel amp Towers

Osmena Blvd Cebu City 6000

Tel No +32 2385693

Davao 2 F The Royal Mandaya Hotel 1 Palma Gil St Davao City 8000 Tel No +823006063

Make the Philippinesyour dream retirement destination Live a comfortable life at affordable costs and Experience the warmth and care only Filipinos can offer

Retirement More fun in the

Phil pines

~h_iSanSRRV~bull =~ ____J-----------------____~ISa

1 Multiple-EntryExit Privileges 2 Exemption from The Special Resident

bull Philippine Bureau of Immigration Alien Certificate ofRetirees Visa (SRRV) also known

Registration (ACR)I-Card Annual Report (AR) as the Retirement Visa is a special

Emigration Clearance Certificate (ECC) Re-Entry Permit non-immigrant visa issued by the Bureau of (RP) and Special Return Certificate (SRC) Immigration through the Philippine Retirement bull Customs Duties and Taxes for the importation of house Authority hold goods and personal effects up to US$7OOOOO

bull Tax on pensions and annuities The SRRV entitles the bull Travel Tax if stay in the country is less than one year

holder to reside in the from the last entry date and

Philippines indefinitely bull Student VisaSpecial Study Permit 3 Access to Greet and Assist Program at selected Philippine with multiple-entry

airportsamp exit privileges 4 Free subscription to the PRN (PRA Newsletter) 5 Discount privileges for services offered by accredited

PRA Merchant Partners 6 Assistance in transacting with other government

agencies (ie LTD for drivers license DOLEfor alien

employment permit)

SRRV SMILE For activehealthy retirees 35 years old and above

who choose to maintain the visa deposit of

US$ 2000000 in any of the PRA designated banks

SRRV CLASSIC For activehealthy retirees who opt to use the visa

deposit of US$ 1000000 US$ 2000000 (50 years old amp above) or US$ 5000000 35 to 49 years old into

active investments ie purchase of condominium

project or long term lease ofhouse and lot

SRRV HUMAN TOUCH For ailing retirees 35 years old and above who are

shown to have medicalclinical needs and services

with a monthly pension of at least US$ 150000 and a Health Insurance Policy acceptable in the Philippines

and can maintain a visa deposit of US$ 1000000

SRRV COURTESY For former Filipinos 35 years old amp above and for

foreign nationals 50 years old amp above who served as ambassadorsconsuls in the Philippines

For foreign nationals 50 years old and above who are

retired officers of international organizations and

retired professors from the worlds top universities

The visa deposit is US$ 150000

For the complete list of qualified groups for the

EXPANDED SRRV COURTESY please visit the PRA website

Qualifications Basic Requirements

bull PRINCIPAL APPLICANTS Must be foreign nationals or former Filipino

citizens who are at least 35 years old

bull DEPENDENTS SPOUSE must be legally married to the Principal

Retiree

CHILDREN must be legitimate or legally

adopted by the Principal Retiree unmarried and below 21 years old upon joining the program

For complete requirements and updated

information please visit wwwpragovph Your Lifetime Visa

1 Original of the valid Passport with validupdated visa

in the Philippines 2 Accomplished P RA Application Form

3 Original of the Medical Clearance 4 Original ofthe Police Clearance from country of

origin 5 Photos (12 pcs of2x 2) 6 Visa Deposit inwardly remitted to any of the PRA

designated banks 7 ProcessingService Fee (one-time)

Principal Applicants US$ 140000 Dependents US$ 30000 (each)

8 PRA Annual Fee US$ 36000 (covers 3 family members) 9 Marriage Certificate for joining spouse

Birth Certificate for joining children - I Documents obtained outside the Philippines must be translated into English ifnecessary and authenticated by the Philippine EmbassyConsulate

visit the PRA website For additional requirements ofeach 5RRV Option pleas

INFORMATION GUIDE tothe

2

Table 01 Contents

Background

Introduction ______________

Vision_ _ ___ __________

Mission _________ ______

PRA Icon

Product Mix

SRRV Options Definition 4 Basic Features of the different SRRV Options

SRRV Benefits 5

SRRV Qualification 7

SRRV Documentary Requirements 9

Additional Requirements for Principal Applicants 11

SRRV Required Visa Deposit 12

SRRV Applications amp Other Fees 14

Convertibility of the Visa Deposit 15

Procedures in Obtaining the SRRV 16

Obligations of a Retiree-member 18

Banking Instructions 19

2

Page 2: Phil - Department of Foreign Affairsbeijingpe.dfa.gov.ph/images/2016/menu_right_doc/SRRVisa.pdf · 2016-01-12 · Cebu: Unit 202 Club Ultima Tower II, Crown Regency Hotel & Towers,

~h_iSanSRRV~bull =~ ____J-----------------____~ISa

1 Multiple-EntryExit Privileges 2 Exemption from The Special Resident

bull Philippine Bureau of Immigration Alien Certificate ofRetirees Visa (SRRV) also known

Registration (ACR)I-Card Annual Report (AR) as the Retirement Visa is a special

Emigration Clearance Certificate (ECC) Re-Entry Permit non-immigrant visa issued by the Bureau of (RP) and Special Return Certificate (SRC) Immigration through the Philippine Retirement bull Customs Duties and Taxes for the importation of house Authority hold goods and personal effects up to US$7OOOOO

bull Tax on pensions and annuities The SRRV entitles the bull Travel Tax if stay in the country is less than one year

holder to reside in the from the last entry date and

Philippines indefinitely bull Student VisaSpecial Study Permit 3 Access to Greet and Assist Program at selected Philippine with multiple-entry

airportsamp exit privileges 4 Free subscription to the PRN (PRA Newsletter) 5 Discount privileges for services offered by accredited

PRA Merchant Partners 6 Assistance in transacting with other government

agencies (ie LTD for drivers license DOLEfor alien

employment permit)

SRRV SMILE For activehealthy retirees 35 years old and above

who choose to maintain the visa deposit of

US$ 2000000 in any of the PRA designated banks

SRRV CLASSIC For activehealthy retirees who opt to use the visa

deposit of US$ 1000000 US$ 2000000 (50 years old amp above) or US$ 5000000 35 to 49 years old into

active investments ie purchase of condominium

project or long term lease ofhouse and lot

SRRV HUMAN TOUCH For ailing retirees 35 years old and above who are

shown to have medicalclinical needs and services

with a monthly pension of at least US$ 150000 and a Health Insurance Policy acceptable in the Philippines

and can maintain a visa deposit of US$ 1000000

SRRV COURTESY For former Filipinos 35 years old amp above and for

foreign nationals 50 years old amp above who served as ambassadorsconsuls in the Philippines

For foreign nationals 50 years old and above who are

retired officers of international organizations and

retired professors from the worlds top universities

The visa deposit is US$ 150000

For the complete list of qualified groups for the

EXPANDED SRRV COURTESY please visit the PRA website

Qualifications Basic Requirements

bull PRINCIPAL APPLICANTS Must be foreign nationals or former Filipino

citizens who are at least 35 years old

bull DEPENDENTS SPOUSE must be legally married to the Principal

Retiree

CHILDREN must be legitimate or legally

adopted by the Principal Retiree unmarried and below 21 years old upon joining the program

For complete requirements and updated

information please visit wwwpragovph Your Lifetime Visa

1 Original of the valid Passport with validupdated visa

in the Philippines 2 Accomplished P RA Application Form

3 Original of the Medical Clearance 4 Original ofthe Police Clearance from country of

origin 5 Photos (12 pcs of2x 2) 6 Visa Deposit inwardly remitted to any of the PRA

designated banks 7 ProcessingService Fee (one-time)

Principal Applicants US$ 140000 Dependents US$ 30000 (each)

8 PRA Annual Fee US$ 36000 (covers 3 family members) 9 Marriage Certificate for joining spouse

Birth Certificate for joining children - I Documents obtained outside the Philippines must be translated into English ifnecessary and authenticated by the Philippine EmbassyConsulate

visit the PRA website For additional requirements ofeach 5RRV Option pleas

INFORMATION GUIDE tothe

2

Table 01 Contents

Background

Introduction ______________

Vision_ _ ___ __________

Mission _________ ______

PRA Icon

Product Mix

SRRV Options Definition 4 Basic Features of the different SRRV Options

SRRV Benefits 5

SRRV Qualification 7

SRRV Documentary Requirements 9

Additional Requirements for Principal Applicants 11

SRRV Required Visa Deposit 12

SRRV Applications amp Other Fees 14

Convertibility of the Visa Deposit 15

Procedures in Obtaining the SRRV 16

Obligations of a Retiree-member 18

Banking Instructions 19

2

Page 3: Phil - Department of Foreign Affairsbeijingpe.dfa.gov.ph/images/2016/menu_right_doc/SRRVisa.pdf · 2016-01-12 · Cebu: Unit 202 Club Ultima Tower II, Crown Regency Hotel & Towers,

SRRV SMILE For activehealthy retirees 35 years old and above

who choose to maintain the visa deposit of

US$ 2000000 in any of the PRA designated banks

SRRV CLASSIC For activehealthy retirees who opt to use the visa

deposit of US$ 1000000 US$ 2000000 (50 years old amp above) or US$ 5000000 35 to 49 years old into

active investments ie purchase of condominium

project or long term lease ofhouse and lot

SRRV HUMAN TOUCH For ailing retirees 35 years old and above who are

shown to have medicalclinical needs and services

with a monthly pension of at least US$ 150000 and a Health Insurance Policy acceptable in the Philippines

and can maintain a visa deposit of US$ 1000000

SRRV COURTESY For former Filipinos 35 years old amp above and for

foreign nationals 50 years old amp above who served as ambassadorsconsuls in the Philippines

For foreign nationals 50 years old and above who are

retired officers of international organizations and

retired professors from the worlds top universities

The visa deposit is US$ 150000

For the complete list of qualified groups for the

EXPANDED SRRV COURTESY please visit the PRA website

Qualifications Basic Requirements

bull PRINCIPAL APPLICANTS Must be foreign nationals or former Filipino

citizens who are at least 35 years old

bull DEPENDENTS SPOUSE must be legally married to the Principal

Retiree

CHILDREN must be legitimate or legally

adopted by the Principal Retiree unmarried and below 21 years old upon joining the program

For complete requirements and updated

information please visit wwwpragovph Your Lifetime Visa

1 Original of the valid Passport with validupdated visa

in the Philippines 2 Accomplished P RA Application Form

3 Original of the Medical Clearance 4 Original ofthe Police Clearance from country of

origin 5 Photos (12 pcs of2x 2) 6 Visa Deposit inwardly remitted to any of the PRA

designated banks 7 ProcessingService Fee (one-time)

Principal Applicants US$ 140000 Dependents US$ 30000 (each)

8 PRA Annual Fee US$ 36000 (covers 3 family members) 9 Marriage Certificate for joining spouse

Birth Certificate for joining children - I Documents obtained outside the Philippines must be translated into English ifnecessary and authenticated by the Philippine EmbassyConsulate

visit the PRA website For additional requirements ofeach 5RRV Option pleas

INFORMATION GUIDE tothe

2

Table 01 Contents

Background

Introduction ______________

Vision_ _ ___ __________

Mission _________ ______

PRA Icon

Product Mix

SRRV Options Definition 4 Basic Features of the different SRRV Options

SRRV Benefits 5

SRRV Qualification 7

SRRV Documentary Requirements 9

Additional Requirements for Principal Applicants 11

SRRV Required Visa Deposit 12

SRRV Applications amp Other Fees 14

Convertibility of the Visa Deposit 15

Procedures in Obtaining the SRRV 16

Obligations of a Retiree-member 18

Banking Instructions 19

2

Page 4: Phil - Department of Foreign Affairsbeijingpe.dfa.gov.ph/images/2016/menu_right_doc/SRRVisa.pdf · 2016-01-12 · Cebu: Unit 202 Club Ultima Tower II, Crown Regency Hotel & Towers,

Qualifications Basic Requirements

bull PRINCIPAL APPLICANTS Must be foreign nationals or former Filipino

citizens who are at least 35 years old

bull DEPENDENTS SPOUSE must be legally married to the Principal

Retiree

CHILDREN must be legitimate or legally

adopted by the Principal Retiree unmarried and below 21 years old upon joining the program

For complete requirements and updated

information please visit wwwpragovph Your Lifetime Visa

1 Original of the valid Passport with validupdated visa

in the Philippines 2 Accomplished P RA Application Form

3 Original of the Medical Clearance 4 Original ofthe Police Clearance from country of

origin 5 Photos (12 pcs of2x 2) 6 Visa Deposit inwardly remitted to any of the PRA

designated banks 7 ProcessingService Fee (one-time)

Principal Applicants US$ 140000 Dependents US$ 30000 (each)

8 PRA Annual Fee US$ 36000 (covers 3 family members) 9 Marriage Certificate for joining spouse

Birth Certificate for joining children - I Documents obtained outside the Philippines must be translated into English ifnecessary and authenticated by the Philippine EmbassyConsulate

visit the PRA website For additional requirements ofeach 5RRV Option pleas

INFORMATION GUIDE tothe

2

Table 01 Contents

Background

Introduction ______________

Vision_ _ ___ __________

Mission _________ ______

PRA Icon

Product Mix

SRRV Options Definition 4 Basic Features of the different SRRV Options

SRRV Benefits 5

SRRV Qualification 7

SRRV Documentary Requirements 9

Additional Requirements for Principal Applicants 11

SRRV Required Visa Deposit 12

SRRV Applications amp Other Fees 14

Convertibility of the Visa Deposit 15

Procedures in Obtaining the SRRV 16

Obligations of a Retiree-member 18

Banking Instructions 19

2

Page 5: Phil - Department of Foreign Affairsbeijingpe.dfa.gov.ph/images/2016/menu_right_doc/SRRVisa.pdf · 2016-01-12 · Cebu: Unit 202 Club Ultima Tower II, Crown Regency Hotel & Towers,

INFORMATION GUIDE tothe

2

Table 01 Contents

Background

Introduction ______________

Vision_ _ ___ __________

Mission _________ ______

PRA Icon

Product Mix

SRRV Options Definition 4 Basic Features of the different SRRV Options

SRRV Benefits 5

SRRV Qualification 7

SRRV Documentary Requirements 9

Additional Requirements for Principal Applicants 11

SRRV Required Visa Deposit 12

SRRV Applications amp Other Fees 14

Convertibility of the Visa Deposit 15

Procedures in Obtaining the SRRV 16

Obligations of a Retiree-member 18

Banking Instructions 19

2

Page 6: Phil - Department of Foreign Affairsbeijingpe.dfa.gov.ph/images/2016/menu_right_doc/SRRVisa.pdf · 2016-01-12 · Cebu: Unit 202 Club Ultima Tower II, Crown Regency Hotel & Towers,

2

Table 01 Contents

Background

Introduction ______________

Vision_ _ ___ __________

Mission _________ ______

PRA Icon

Product Mix

SRRV Options Definition 4 Basic Features of the different SRRV Options

SRRV Benefits 5

SRRV Qualification 7

SRRV Documentary Requirements 9

Additional Requirements for Principal Applicants 11

SRRV Required Visa Deposit 12

SRRV Applications amp Other Fees 14

Convertibility of the Visa Deposit 15

Procedures in Obtaining the SRRV 16

Obligations of a Retiree-member 18

Banking Instructions 19

2

Page 7: Phil - Department of Foreign Affairsbeijingpe.dfa.gov.ph/images/2016/menu_right_doc/SRRVisa.pdf · 2016-01-12 · Cebu: Unit 202 Club Ultima Tower II, Crown Regency Hotel & Towers,