Special Investor's Resident Visa (SIRV)

Business Investment | Bond Investment | Fund Investment | Securities Investment

To qualify, the applicant must make a $75,000 investment in a pre-approved industry. Approved sectors include: - Business and financial - Communication - Construction and engineering - Distribution - Education - Environmental - Health and social - Tourism and travel - Recreational, cultural, and sports - Transport

The Philippines SIRV initially provides a temporary residence permit valid for six months, during which time the applicant must make a US$75,000 investment in an approved sector

To qualify, the applicant must make a $75,000 investment in a pre-approved industry.

A $300 processing fee for each applicant applies.

Upon completing the investment, the applicant can convert the SIRV permit from temporary to indefinite. The permit will remain valid for as long as the investment is maintained.

A spouse and unmarried children under 21 years of age may be included in the application.

The Probationary SIRV shall be valid for a period of six (6) months (i.e. 180 days).

The probationary SIRV can be converted into an Indefinite SIRV only upon submission to the BOI by the applicant of all the required documents to prove actual investment.

He/she will not be deprived of the privilege to stay for an indefinite period as long as the investments subsist and he/she is updated in the submission of annual reports.

Pursuant to Rule XXI Section 7 of the implementing rules and regulations of Book V of EO 226, as amended, the BOI shall issue Special Investor’s Resident Visa Identification Card (SIRV ID) only to SIRV holders (including his/her dependents) with actual investments, valid for one (1) year, renewable yearly.

The foreign national can voluntarily withdraw his/her inward remittance/time deposit by filing a request for withdrawal with the Incentives Administration Service and submitting a copy of the passport.