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Special Resident Retiree's Visa (SRRV)

PhilippinesLiving from your own income

Explore the five recorded questions, answers and sources for this pathway.

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Is this aimed at retirees, pensioners, financially independent people, passive-income holders or another profile?

The SRRV is a special non-immigrant visa under the retirement programme of the Philippine Retirement Authority (PRA), designed for foreign nationals and former Filipino citizens who want to live and retire long-term in the Philippines; principal applicants must be 40 years old and above.

See recorded sources
  • https://www.pra.gov.ph/srrvisa
    Special Resident Retiree’s Visa (SRRV)</b> is a special non-immigrant visa issued by the Bureau of Immigration of the Philippines, under the retirement program of the <b>Philippine Retirement Authority (PRA)</b>. It is designed to attract foreign nationals and former Filipino citizens to live and retire long-term in the Philippines.
  • https://www.pra.gov.ph/srrvisa
    Qualified Applicants</h1> <div class="row"> <div class="col-md-6 d-flex flex-column align-items-center"> <h2 class="fw-bold">Principal/s</h2> <div class="text-start"> <p>40 years old and above</p> <ul style="list-style-type: disc;"> <li>Foreign Nationals</li> <li>Former Filipino Citizens

Which types of income/assets are accepted according to the official source?

Two kinds of money count. The PRA describes a Visa Deposit, also called the Requisite Dollar Time Deposit, which the principal retiree may keep as a deposit or convert to an allowed investment; and, for the pension-based option, a lifetime pension.

See recorded sources
Limits of the record
  • The captured page does not restate the deposit amount for each option in prose.
  • PRA SRRV page, Visa Deposit section
    An SRRV Option for the Principal retirees, pensioners or nonpensioners, who may opt to use the Visa Deposit/Requisite Dollar Time Deposit for investment purposes allowed under the SRRV program.
  • PRA SRRV page, pension-option note
    Proof of lifetime pension of at least USD&nbsp;800.00/month for single applicants and USD&nbsp;1,000.00/month for applicants with dependents

What income, savings or financial-resources threshold applies and how does family affect it where officially specified?

For the pension-based option the PRA requires proof of a lifetime pension of at least USD 800.00 per month for single applicants, rising to USD 1,000.00 per month for applicants with dependants. The deposit amounts for the non-pension options are set out separately in the page's comparison table.

See recorded sources
Limits of the record
  • The deposit figures per option are published in a table that the captured text does not render in prose.
  • PRA SRRV page, pension-option note
    Proof of lifetime pension of at least USD&nbsp;800.00/month for single applicants and USD&nbsp;1,000.00/month for applicants with dependents

Can the holder work locally, run a business or perform other economic activity? What is the family position?

The PRA lists 'separate work/student visa or permits' among the items SRRV holders are exempt from; the spouse and children can be included as dependants on the initial application or added after the principal has an approved SRRVisa.

See recorded sources
Limits of the record
  • The page does not spell out the scope or limits of work or business activity permitted to holders.
  • https://www.pra.gov.ph/srrvisa
    Exemption from:</h1> <ul style="list-style-type: circle;" class="text-left text-dark fs-5"> <li>Bureau of Immigration’s Annual Reporting and the Alien Certificate of Registration (ACR) Identity Card</li> <li>Bureau of Immigration Exit/Re-entry Permits
  • https://www.pra.gov.ph/srrvisa
    Tax on pensions and annuities</li> <li>Travel Tax</li> <li>Separate work/student visa or permits
  • https://www.pra.gov.ph/srrvisa
    Spouse and Children can be included as dependents on the initial application or added after the Principal applicant has an approved SRRVisa.

How long is the status granted, what is required for renewal, what physical-presence obligations matter, and what longer-term residence direction exists?

The PRA lists permanent residency in the Philippines and multiple entry with indefinite stay among SRRV holder benefits; the PRA annual fee is payable upon joining the programme and every year thereafter as long as the retiree holds the SRRVisa. The official source does not state a renewal procedure or a physical-presence obligation.

See recorded sources
Limits of the record
  • No renewal procedure or physical-presence obligation is stated.

These are the answers currently recorded in the catalogue. A missing or partial answer is not an eligibility decision.

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