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June 1, 2022

MAY FOREIGN NATIONALS WHO HAVE NOT SERVED IN THE PHILIPPINES BE ELIGIBLE TO APPLY FOR SPECIAL RESIDENT RETIREE’S VISA?

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Published — March 15, 2021 

The following post does not create a lawyer-client relationship between Alburo Alburo and Associates Law Offices (or any of its lawyers) and the reader. It is still best for you to engage the services of your own lawyer to address your legal concerns, if any.

Also, the matters contained in the following were written in accordance with the law, rules, and jurisprudence prevailing at the time of writing and posting, and do not include any future developments on the subject matter under discussion.

Aside from this article regarding Foreign Nationals, read also|: ON SPECIAL RESIDENT RETIREE’S VISA

  • The Special Resident Retiree’s Visa (SRRV) entitles the holder to multiple-entry privileges

  • Foreign nationals who have not served in the Philippines may now apply for Special Resident Retiree’s Visa

  • Additional dependents of said foreign national may be allowed to enter in the Philippines

May a Special Resident Retiree’s Visa be issued to a foreign national who has not served in the Philippines?

Previously, we wrote about Special Resident Retiree’s Visa (SRRV) which entitles the holder of said visa to multiple entry privileges with the right to stay permanently or indefinitely in the Philippines. This is because SRRV is a special non-immigrant visa for foreign nationals who would like to make the Philippines their second home or investment destination. Initially, foreign nationals who only served in the Philippines are eligible to apply for SRRV.

The question above can be answered by the SRRV Expanded Courtesy which is one among the SRRV options. Under SRRV Expanded Courtesy, foreign nationals of 50 years old and above, who are retired Armed Force Officers of foreign countries with existing military ties and/or agreement with the Philippine Government may apply for an SRRV. This is on the condition that said foreigner receives a monthly pension of at least US$1,000.00 and complied with the SRR Visa deposit of US$1,500.00. The SRR Visa deposit includes the principal applicant and two (2) dependents. Additional dependent entails additional SRR Visa deposit of US$15,000 each.

Under the expanded scope of SRRV Courtesy, foreign nationals who have served in the Philippines for at least two (2) years shall be charged the Annual PRA Fee of US$10.00. However, said foreign nationals must be from any of the following categories as specified under PRA Circular No. 12, Series of 2013:

  • Retired ambassadors & other members of the diplomatic corps even if they have not rendered diplomatic service in the Philippines.
  • Retiree of United Nations, World Bank Organizations & International Monetary Fund.
  • Honorary consuls who have served in Philippine diplomatic posts.
  • Recipients of Nobel Prize, Ramon Magsaysay, and other prestigious awards including Oscars, Emmys, Pulitzers, various Halls of Fames.
  • Scientists, physicists and top-rated engineers.
  • Professors of U. S., European, Australian, Canadian, and Japanese universities.
  • Retired military personnel who have provided military aid and training to the Philippine Government via a defense treat or any other similar agreement.
  • High achievers in sports, arts and business.
  • Peace Corps Volunteers and other similar organizations.
  • Retired Officers and staff of United States Agency for International Development (USAID), Australian Agency for International Development (AusAID), and other similar assistance organizations.
  • Retired Officers and staff of Japan External Trade Organization (JETRO), Korea International Cooperation Agency (KOICA), Ministry of International Trade and Industry (MITI) and other similar trade and investment organizations.
  • International philanthropists.
  • Foreign Nationals previously working with international recognized Philippine jurisdiction.

Furthermore, take note that even foreigners who have not served in the Philippines are eligible to apply for SRRV. All they have to do, in addition to the age, visa deposit, and pension requirement, is to pay the annual PRA Fee of US$360.00. The annual PRA Fee covers the principal, spouse and one (1) minor dependent. An additional US$100.00 shall be charged for every additional dependent in the excess of two (2).

Finally, foreign nationals previously working with internationally recognized areas of Philippine jurisdiction such as embassies, consular offices, and other government agencies, who have served for at least two (2) years, shall be understood as having served in the Philippines.

         


Alburo Alburo and Associates Law Offices specializes in business law and labor law consulting. For inquiries, you may reach us at info@alburolaw.com, or dial us at (02)7745-4391/0917-5772207.

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