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Special Non-Immigrant Visa 47(a)(2) – PEZA/BOI
VisasPhilippinesSpecial Non-Immigrant Visa 47(a)(2) – PEZA/BOI
PhilippinesPhilippines•Asia
Open

Special Non-Immigrant Visa 47(a)(2) – PEZA/BOI

Work Dependents Allowed

At a Glance

Processing Time

Varies

Application Fee

3,000 USD

Stay Duration

Varies (Permanent and indefinite residency in Philippines)

Renewable

No

Job Offer

Required

Dependents

Allowed

PR Pathway

No

Remote Work

Not Required

Apply Now Official Information

Overview

Company-specific work visa for foreign investors or employees of PEZA and BOI-registered enterprises, valid for one year or duration of contract, with multi-entry privileges and a 5% foreign workforce cap.

The Special Non-Immigrant Visa under Section 47(a)(2) of the Philippine Immigration Act of 1940, specifically tailored for entities registered with the Philippine Economic Zone Authority (PEZA) or the Board of Investments (BOI), serves as a cornerstone of the nation’s strategy to attract foreign direct investment. Established to facilitate the seamless entry of essential foreign personnel, this visa category exists to bridge the gap between the Philippines' stringent immigration laws and the operational requirements of multinational corporations operating within designated economic zones or priority investment areas. By providing a streamlined, company-specific pathway, the 47(a)(2) visa bypasses the more cumbersome procedures associated with standard work permits, effectively incentivizing global firms to establish regional headquarters and manufacturing hubs within the country. It functions as a strategic legislative instrument designed to ensure that the Philippines remains a competitive destination for international capital by guaranteeing that foreign investors and their technical experts can be deployed rapidly to oversee high-value projects that drive local economic development and industrial modernization.

This visa is primarily intended for foreign nationals serving as executives, technical consultants, or specialized personnel within companies that have secured official registration and fiscal incentives from PEZA or the BOI. The ideal applicant is a highly skilled professional whose expertise is critical to the success of a registered enterprise, often occupying roles that require specialized knowledge not readily available in the local labor market. Unlike the standard 9(g) pre-arranged employment visa, which is tied to a specific employer but often involves more complex processing and longer lead times, the 47(a)(2) visa is distinctive for its expedited processing and its direct alignment with the investment status of the sponsoring firm. While it offers significant benefits, such as multi-entry privileges that allow for fluid international travel and a simplified path to residency for the duration of the employment contract, it is subject to strict regulatory oversight. Most notably, the visa is governed by a 5% foreign workforce cap, ensuring that the primary objective of the investment remains the transfer of knowledge and the creation of employment opportunities for the Filipino workforce. Because the visa is intrinsically linked to the company’s PEZA or BOI registration, it is inherently temporary and non-transferable; should the foreign national’s employment terminate or the company lose its registered status, the visa’s validity ceases, underscoring its role as a specialized tool for corporate mobility rather than a pathway to permanent settlement.

Requirements

ELIGIBILITY REQUIREMENTS

Minimum savings: 1500

Health insurance required

Age: 35-

KEY CRITERIA

Job Offer

Required

Education

bachelor or higher

Experience

1+ years

REQUIRED DOCUMENTS

Valid passport

Proof of retirement income

Bank certificate

Medical certificate

Police clearance

Application Process

1

Verify age and income: Confirm 35+ years old with USD 1,500/month retirement income

2

Prepare documents: Gather financial documents and retirement proof

3

Open bank deposit: Maintain USD 15,000-50,000 in PRA-approved bank

4

Submit application: File application with Philippine Retirement Authority

5

Processing: PRA processes application (20+ working days)

6

Approval: Receive SRRV approval

Application Forms

Go to application portal
SRRV Application Form—

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