Special Resident Retiree's Visa (SRRV)

Enjoy a permanent, non-immigrant status with multiple-entry privileges and the right to live indefinitely in the Philippines.

Privilege Overview

Min. Age: 40 Years Old
Deposit: US$1,500 – US$50,000
Stay Duration: Indefinite
Exit Clearance: Exempt
Work Permitted: Yes (requires AEP)
Agency: Phil. Retirement Authority (PRA)

SRRV Categories (Updated 2025)

The SRRV deposit amount varies based on your age, military background, and whether you have a monthly pension.

SRRV Classic (50+)

With Pension: $15,000 deposit.
No Pension: $30,000 deposit.

*Pension must be at least $800/mo ($1,000 for couples).

SRRV Classic (40-49)

With Pension: $25,000 deposit.
No Pension: $50,000 deposit.

SRRV Courtesy (Foreign)

For retired diplomats, military, and high achievers.

50+ Years Old: $1,500 deposit.

40-49 Years Old:
• With Pension: $3,000 deposit.
• No Pension: $6,000 deposit.

Key Benefits

Beyond permanent residency, the SRRV offers several "hassle-free" perks that other visas do not:

  • No Bureau of Immigration (BI) Yearly Reports: Unlike most visas, you deal with the PRA, not the BI for annual check-ins.
  • Exit/Re-entry Exemption: No need to apply for Exit Clearance Certificates (ECC) every time you fly out.
  • Customs Duty Exemption: One-time tax-free importation of household goods (up to $7,000).
  • Travel Tax Exemption: Exempt from PH Travel Tax if you have stayed less than one year since your last entry.

Core Documentary Requirements

All documents issued outside the Philippines must be **Apostilled** by the competent authority in the country of issuance. Documents not in English must have an official English translation.

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Valid Passport & Entry Visa

Original passport with a valid 9(a) Tourist Visa. You must be physically present in the Philippines during the application process. Include 8-12 pieces of 2x2 photos (white background).

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Police & NBI Clearances

An Apostilled Police Clearance from your home country (issued within the last 6 months). If you have stayed in the Philippines for more than **90 days**, you also need a local NBI Clearance.

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Medical Examination

You may use PRA Medical Form No. 002. It is highly recommended to have this done at a **PRA-accredited clinic** in the Philippines to avoid the need for foreign authentication/Apostille.

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Proof of Qualification (Courtesy Foreign)

Required for retired diplomats, military officers, or international organization staff. You must provide an Apostilled Certificate of Employment or Military Service Record stating your rank/position and date of retirement. *Must be from organizations/countries recognized by the Philippine DFA.

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Bank Certification

Proof of Inward Remittance from a foreign bank to a PRA-accredited bank (e.g., DBP, Landbank). The bank must issue a notarized certification of the deposit.

The Application Process

1

Remit the Deposit

Transfer the funds from abroad to a PRA account. Ensure the bank issues a "Certification of Inward Remittance."

2

Submit to PRA

Apply in person (or via marketer) at the PRA office in Makati or regional hubs. You must be on a valid 9(a) Tourist Visa.

3

Wait for Approval

Processing typically takes 30 to 60 days. Once approved, you will receive your SRRV sticker and PRA ID card.

Frequently Asked Questions

Can I use my deposit to buy property?

Under the **SRRV Classic** scheme, you can convert your deposit into an investment, such as purchasing a RFO (Ready For Occupancy) condominium unit, provided the unit value is at least $50,000.

Do I get my money back if I cancel?

Yes. The SRRV deposit is refundable if you decide to cancel the visa and leave the country, though the process can take several weeks to clear.