Philippines•AsiaVaries
3,000 USD
Varies (Permanent and indefinite residency in Philippines)
No
Not Required
Allowed
Available
Not Required
Indefinite-stay visa issued by the Philippine Retirement Authority for foreign nationals aged 35+ with required bank deposits ($10,000-$50,000 depending on age/pension), granting multiple-entry privileges and permanent residence.
The SRRV Courtesy is a specialized permanent residency track managed by the Philippine Retirement Authority (PRA), designed to facilitate the return of former Filipino citizens and honor the service of retired international officials. Unlike the standard investment-heavy retirement tracks, the Courtesy variant serves as a recognition-based residency permit, offering a streamlined path for those with specific historical or professional ties to the Philippines. It functions as a high-privilege 'Golden Visa' with significantly reduced financial barriers, reflecting the government's policy of encouraging balikbayans and foreign dignitaries to settle in the country.
This visa is specifically tailored for individuals aged 50 and older who are either former natural-born Filipinos or retired staff of international organizations recognized by the Department of Foreign Affairs (DFA), such as the United Nations or the World Health Organization. It also extends to retired military officers from countries with existing defense treaties or Visiting Forces Agreements with the Philippines. The program distinguishes itself by requiring only a nominal visa deposit, prioritizing the applicant's status and previous service over the substantial capital injections required by the SRRV Classic or Smile programs.
Key features of the SRRV Courtesy include the grant of multiple-entry privileges and indefinite stay without the need for frequent visa extensions or renewals at the Bureau of Immigration. Holders are integrated into the PRA's support network, which provides assistance with local administrative requirements and government transactions. By removing the typical 'investment' hurdle, the Courtesy track remains one of the most accessible and prestigious residency options for eligible expatriates and returning Filipinos.
Minimum savings: 1500
Health insurance required
Age: 35-
Education
none or higher
Investment
50,000 EUR
Min. Savings
1,500 EUR
Valid passport
Proof of retirement income
Bank certificate
Medical certificate
Police clearance
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