Special Resident Retiree's Visa (SRRV) - Classic & Smile

Philippines•Asia

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Special Resident Retiree's Visa (SRRV) - Classic & Smile

Golden Visa PR PathwayThis visa can lead to permanent residency, the right to live and work here indefinitely without renewing your visa. Dependents Allowed Remote Work

At a Glance

Processing Time

3 weeks – 2 months

Estimated Cost

$1,500 USD

Varies by filing options

Stay Duration

Indefinite

Renewable

Renewal

Renewable

Family

Dependents allowed

PR Pathway

Yes

Sponsor

No job offer needed

Work

Remote work OK

Overview

The SRRV is a special non-immigrant visa for retirees, managed by the Philippine Retirement Authority (PRA).

The SRRV is a permanent non-immigrant visa that allows foreign retirees to live in the Philippines indefinitely. It offers two main options: Classic, which requires a deposit of $10,000-$20,000, and Smile, which requires a $20,000 deposit. It is highly flexible, allowing for remote work and providing a stable pathway for long-term residency.

Cost Breakdown

Application Fee (Principal)$1,500 USD

Annual PRA Fee$360 USD

recurring

Total$1,500 USD

Stay & Extensions

Status type

Permanent / indefinite

Conversion Paths

Visas you can typically switch to from this status.

Non-Quota Immigrant Visa by Marriage (13(a))

Philippines

Non-Quota Immigrant Visa by Marriage (13(a))

ValidityVaries (Indefinite permanent residency)

ProcessingVaries

View Visa Details

Requirements

PUBLISHED REQUIREMENTS

Age 35+

Medical clearance

Police clearance

Inward remittance of visa deposit

KEY CRITERIA

Investment

15,000 EUR

REQUIRED DOCUMENTS

Medical clearance

Police clearance

Proof of inward remittance

Passport

Advantages & Considerations

Key Benefits

Indefinite stay
Multiple entry privileges
Exemption from customs duties on personal effects
Remote work permitted

Worth Knowing

Requires significant financial deposit
Annual PRA fee required
Must maintain deposit to keep visa status
Failure to meet age requirements
Inability to provide police clearance
Failure to maintain deposit

Application Process

Apply through the Philippine Retirement Authority (PRA)

Submit medical and police clearances

Remit visa deposit to PRA-accredited bank

Receive SRRV ID

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Overview

The SRRV is a special non-immigrant visa for retirees, managed by the Philippine Retirement Authority (PRA).

Advantages & Considerations

Key Benefits

Indefinite stay
Multiple entry privileges
Exemption from customs duties on personal effects
Remote work permitted

Worth Knowing

Requires significant financial deposit
Annual PRA fee required
Must maintain deposit to keep visa status
Failure to meet age requirements
Inability to provide police clearance
Failure to maintain deposit