Category: Retirement Visa
Overview: The Philippines Special Resident Retiree's Visa (SRRV) is a permanent residency visa for foreign nationals and former Filipino citizens aged 50 and above, offering indefinite stay and multiple-entry privileges. It requires a one-time deposit with the Philippine Retirement Authority (PRA).
Eligibility: Applicants must be at least 50 years old, deposit a required amount (e.g., $10,000 with pension or $50,000 without pension), and pass medical and police clearances. Spouses and dependent children are included.
Processing Time: ~60 days
Renewable: Yes
Work Authorisation: Not permitted
Remote Work Allowed: No
Dependants Allowed: No
Path to Residency: Yes
Path to Citizenship: No
Sponsor Required: No
Official Government Page: https://www.pra.gov.ph/
Summary: The Philippines SRRV is a permanent retirement visa for individuals 50+ years old. It requires a fixed deposit, granting indefinite stay, multiple entries, and various exemptions, making it ideal for long-term residency.