The Special Resident Retiree’s Visa (SRRV) is a special non-immigrant visa for foreign nationals who would like to make the Philippines their second home or investment destination. Enjoy retirement in the Philippines, low cost living and house help, good medical care, beautiful beaches, most westernized country in Asia, and everyone speaks, or comprehends English. Come and retire in the Philippines, the Pearl of the Orient Sea. World renowned tourist destinations to visit, with two islands Boracay and Palawan chosen by multiple travel magazines as being in “The Best Island in the World” top ten.
Benefits
1. Indefinite stay with multiple-entry/exit privileges;
2. Exemption from:
• Philippine Bureau of Immigration ACR-I Card (Annual Report)
• Customs duties & taxes for one time importation of household goods & personal effects worth up to US$7,000.
• Travel Tax, if retiree has not stayed in the Philippines for more than 1 year from last date of entry
3. Access to the Greet & Assist Program at selected Philippine airports;
4. Free subscription to the PRA Newsletter;
5. Discount privileges from PRA accredited Merchant Partners;
6. Free assistance in transacting with other government agencies;
7. Entitlement to PHILHEALTH benefits & privileges.
SRRV CLASSIC
For active/healthy retirees, who may opt to use their Visa deposit to purchase of condominium units or use for long term lease of house & lot.
40 to 49 years old: US$ 25,000.00 (with a pension)**
40 to 49 years old: US$ 50,000.00 (without pension)
50 years old & above: US$ 15,000.00 (with a pension)**
50 years old & above: US$ 30,000.00 (without pension)
*The value of the property must at least be US$50,000.00
**Required pension of at least US$ 800 for single / US$1,000 for a family
Dependents
The amount of the Visa deposit depends on the SRRV Option that the applicant has chosen. A principal applicant may include in his application his spouse and children who are below 21 years old and unmarried, as his dependents.
In cases that the Principal applicant will include more than two (2) dependents, an additional visa deposit of US$15,000.00 for each additional dependent must be remitted under the name of the Principal applicant;
SRRV COURTESY
a. The SRRV Courtesy Visa for Foreigners is for:
Retired Diplomats from Foreign Services;
Retired Officers from International Organizations that are recognized by the
Department of Foreign Affairs (e.g., UN, ADB, WB, IMF, WTO, etc.);
Retired Military Personnel who provided military aid and training to the Philippine government via a defense treaty or any other similar agreement;
High Achievers in Academic, Business, Arts, Culture, Music, Sports, including philanthropists.
The visa deposit is:
– 40 – 49 years old Non-Pensioner US$6,000.00; Pensioner US$3,000.00
– 50 years old & above US$1,500.00
b. former Filipinos:
– 40 – 49 years old Non-Pensioner US$3,000.00
– 50 years old & above US$1,500.00
The Visa deposit includes the principal applicant and 2 dependents. Additional dependent entails additional SRR Visa deposit of US$15,000 each (except for former Filipinos).
Updated September 2025