Minimum investment
$15,000
4 investment options
Stay
—
Application fee
$1,500
Tax
Worldwide
Philippines progressive tax (0-35%)
Path to staying
- Renewrenewable
- Permanent residencypossible
- Permanent residency
- Citizenship
- Dual citizenship allowed
Overview
- Country
- Philippines
- Program
- Philippines SRRV Classic
- Local name
- Special Resident Retiree's Visa
- Type
- Retirement
- Status
- Active
- Renewable
- Yes
Permanent residency for retirees aged 40+ with US$15,000-$50,000 deposit depending on age and pension status.
Investment options
| Type | Tier / zone | Min amount | USD equivalent | Holding | Returnable | Required |
|---|---|---|---|---|---|---|
| Bank deposit | Age 50+ with pension | USD 15,000 | $15,000 | — | Yes | Required |
| Bank deposit | Age 50+ no pension | USD 30,000 | $30,000 | — | Yes | Required |
| Bank deposit | Age 40-49 with pension | USD 25,000 | $25,000 | — | Yes | Required |
| Bank deposit | Age 40-49 no pension | USD 50,000 | $50,000 | — | Yes | Required |
Financial requirements
- Savings required
- $15,000
- Application fee
- $1,500
Eligibility
- Minimum age 40+
- Criminal record check required
- Health check required
- Health insurance not required
Work rights
- Employment not allowed
- Self-employment not allowed
- Own a business not allowed
- Work permit included no
Family and dependents
- Dependents allowed
- Yes
- Spouse included
- Yes
- Max child age
- 21
- Parents allowed
- No
- Extra per dependent
- $15,000
Benefits and mobility
- Bank account can open
- Property purchase allowed
- Public healthcare no access
Tax
- Tax regime
- Worldwide
- Regime name
- Philippines progressive tax (0-35%)
- Foreign income taxed
- Yes
- Capital gains taxed
- Yes
How to apply
- Method
- in country
- Processing time
- 14–30 days
- Apply from abroad
- No
Notes
Deposit requirements (revised Sep 2025): Age 50+ with pension: $15,000; Age 50+ without pension: $30,000; Age 40-49 with pension: $25,000; Age 40-49 without pension: $50,000. Deposit can be converted to real estate/long-term lease. Application fee increased to $1,500 in 2025. $15,000 per additional dependent beyond 2.
Also in Philippines
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