{"id":"philippines-srrv","name":"Philippines SRRV","type":"RBI","status":"operational","country":"Philippines","country_code":"PH","url":"https://www.mirabelloconsultancy.com/immigration/philippines-special-resident-retiree-visa","min_investment":{"amount":15000,"currency":"USD","route":"Refundable time deposit, SRRV Classic, age 50+ with a lifetime pension of at least US$800/month. Age 40 to 49 is US$25,000 (pensioner) or US$50,000 (non-pensioner); 50+ without a pension is US$30,000. Covers the principal plus two dependants (US$15,000 each beyond). With PRA approval, the deposit may be converted into a condominium purchase or a long-term lease for personal use, subject to current PRA conditions. The PRA also charges a processing fee on the principal application. A lower-deposit SRRV Courtesy category exists, but it is restricted to former Filipino citizens and specific groups such as retired diplomats, officers of international organisations recognised by the Philippine Department of Foreign Affairs, retired military service members from countries with recognised bilateral relations with the Philippines, and recognised high achievers including philanthropists; it is not an open route."},"qualification_basis":"deposit","investment_routes":[{"name":"SRRV Classic — age 50+, with qualifying pension","type":"deposit","min":15000,"currency":"USD","amount_usd":15000},{"name":"SRRV Classic — age 50+, without pension","type":"deposit","min":30000,"currency":"USD","amount_usd":30000},{"name":"SRRV Classic — age 40–49, with qualifying pension","type":"deposit","min":25000,"currency":"USD","amount_usd":25000},{"name":"SRRV Classic — age 40–49, without pension","type":"deposit","min":50000,"currency":"USD","amount_usd":50000},{"name":"SRRV Courtesy (Foreign Nationals) — age 50+","type":"deposit","min":1500,"currency":"USD","amount_usd":1500},{"name":"SRRV Courtesy (Foreign Nationals) — age 40–49, with pension","type":"deposit","min":3000,"currency":"USD","amount_usd":3000},{"name":"SRRV Courtesy (Foreign Nationals) — age 40–49, without pension","type":"deposit","min":6000,"currency":"USD","amount_usd":6000},{"name":"SRRV Courtesy (Former Filipinos) — age 50+","type":"deposit","min":1500,"currency":"USD","amount_usd":1500},{"name":"SRRV Courtesy (Former Filipinos) — age 40–49","type":"deposit","min":3000,"currency":"USD","amount_usd":3000}],"family_pricing":{"eligible_dependents":"Spouse legally married to the principal, and legitimate or legally adopted children who are unmarried and under 21 at application. Dependants can join on the initial application or after the principal's SRRV is approved (pra.gov.ph/SRRVisa, read 2026-09-26).","dependents_included_in_base_fee":"Principal applicant plus up to 2 dependents are covered by the standard annual PRA fee for each category.","additional_dependent_application_fee":"US$300 one-time application fee for each joining dependant (pra.gov.ph/SRRVisa, read 2026-09-26).","additional_dependent_annual_fee":{"classic":"US$100 per additional dependent beyond the first two","courtesy_foreign":"US$10 per additional dependent beyond the first two","courtesy_former_filipino":"US$10 per additional dependent beyond the first two"},"deposit_note":"An additional visa deposit of US$15,000 is required for each dependant in excess of two, except for Former Filipinos (pra.gov.ph/SRRVisa, read 2026-09-26)."},"processing_time":"30 to 45 working days end to end from receipt of the complete documentary requirements, about 6 to 9 calendar weeks (PRA-PD-LORQ-0010, Expanded SRRV Program, August 2025 issue). The PRA Citizen's Charter shows a PRA internal turn-around of 10 working days that excludes Bureau of Immigration processing (conversion of the tourist visa to the SRRV) and the bank certificate, which takes 3 to 5 banking days at accredited private banks or 7 to 10 working days at the Development Bank of the Philippines (pra.gov.ph/SRRVisa). The applicant must be in the Philippines throughout the process, attend a KYC interview and take the oath on release.","visa_free_count":66,"passport_index_rank":null,"key_destinations":null,"travel_access":null,"minimum_stay":"None — no obligation to maintain physical presence in the Philippines to keep the visa.","tax_note":null,"path_to_citizenship":"No direct path. The SRRV is a residence visa and does not itself confer Philippine citizenship; naturalisation is a separate process under Philippine law with its own residence and other requirements.","highlights":["Refundable visa deposit from USD 15,000 (Classic, age 50+ with a lifetime pension) to USD 50,000; lower Courtesy deposits for restricted groups only","Permanent residence with multiple entry and indefinite stay, no minimum stay; principal applicants from age 40"],"atomic_answer":"The Philippines SRRV is a retirement residence visa issued under the Philippine Retirement Authority (PRA). A refundable US-dollar deposit in a PRA-accredited bank, from USD 15,000 to USD 50,000 on the open Classic route depending on age and pension, grants permanent residence with multiple entry and indefinite stay. Lower Courtesy deposits apply only to restricted groups. It does not lead to citizenship.","fees":{"due_diligence":null,"processing":null,"interview":null,"certificate":null,"application_main":1500,"application_dependent":300,"notes":"PRA annual fee (payable on joining and every year while the visa is held): SRRV Classic US$360 for the principal plus two dependants, plus US$100 for each dependant beyond two; Courtesy Foreign National US$100, Former Filipino US$50 (each plus US$10 per dependant beyond two). Annual fees are separate from, and do not draw down, the refundable visa deposit. Source: pra.gov.ph/SRRVisa, read 2026-09-26."},"last_updated":"2026-09-26","data_freshness":{"verification_confidence":87,"last_verified":"2026-09-26","last_corroborated":"2026-10-01","fields_tracked":6,"stale_fields":0},"mirabello_index":{"composite":63,"rank_overall":61,"rank_in_type":47,"scores":{"cost":100,"speed":100,"mobility":41,"path":0,"stability":65},"confidence":0.71},"regulatory_status":{"fatf_list":null,"eu_tax_list":null,"us_sanctions":null,"oecd_crs_high_risk_scheme":false,"as_of":"2026-06","status":"not listed on FATF, EU tax, US OFAC, or OECD CRS-risk lists"},"processing_stages":null,"required_documents":null,"biometric_enrolment":null,"dependant_additions":null,"nationality_naturalisation":null,"retirement":{"route_name":"Philippines Special Resident Retiree's Visa (SRRV Classic)","region":"Asia","tags":["retirement","passive-income"],"income_requirement":{"amount":800,"currency":"USD","period":"month","basis":"pension","per_dependant":null,"required":false,"note":"Not a hard requirement: a lifetime pension of at least US$800 a month lowers the deposit (age 50+: US$15,000 instead of US$30,000; age 40 to 49: US$25,000 instead of US$50,000)."},"net_worth_or_deposit_option":{"amount":15000,"amount_if_income_not_met":30000,"currency":"USD","kind":"refundable_deposit","required":true,"note":"Refundable deposit in a PRA-accredited bank, SRRV Classic at age 50+; US$25,000 / US$50,000 at age 40 to 49. Covers the principal plus two dependants (US$15,000 each beyond)."},"eligibility":{"min_age":40},"stay_requirement":{"days_per_year":null,"rule":"None: no obligation to maintain physical presence to keep the visa.","stated_by_official_source":true,"note":null},"foreign_income_tax":{"treatment":"territorial","label":"Territorial: only local-source income is taxed, so foreign pensions and investment income are generally untaxed.","note":"For foreign nationals: NIRC sec. 23(D), \"An alien individual, whether a resident or not of the Philippines, is taxable only on income derived from sources within the Philippines.\" Resident CITIZENS are taxed on worldwide income (sec. 23(A)), which is why tax profile PH carries territorial_or_worldwide = worldwide; for SRRV holders (aliens) the effective treatment is source-only. (unverified)","source":"https://lawphil.net/statutes/repacts/ra1997/ra_8424_1997.html","tax_residence_caveat":"Tax follows tax residence, not the permit: the treatment applies once you are tax-resident there. Information, not tax advice."},"path_to_pr":"The SRRV is itself a permanent-residence visa with multiple entry and indefinite stay.","path_to_citizenship":"No direct path: naturalisation is a separate process under Philippine law.","official_source":"https://pra.gov.ph/SRRVisa","legal_basis":"Philippine Retirement Authority, SRRV Classic deposit schedule","as_of":null},"golden_retirement":{"standard":"Mirabello Golden Retirement Index","applies_to":"Philippines Special Resident Retiree's Visa (SRRV Classic)","tier":"golden","tier_label":"Golden: meets the Golden Retirement standard","score":77,"confidence_grade":"B","renewal_category":"never: permanent from grant","renewals_before_pr":0,"pillars":{"tax":12.5,"presence":20,"financial":8.5,"durability":12,"processing":8,"healthcare":3,"family_work_mobility":4,"pr_citizenship":9},"reasons":["No tax-residence certificate is available on this route"],"as_of":"2026-10-11","methodology_version":"1.1.0-2026-10-11"},"region":null,"family":{"id":"philippines-srrv","country_code":"PH","family_model":"both","relatives":{"spouse":{"eligible":true,"unmarried_partner":false,"same_sex":null,"min_age_inclusive":null,"conditions":"Must be legally married to the principal. Police clearance required for spouse."},"children":{"eligible":true,"max_age_inclusive":20,"age_rule_text":"Unmarried and below 21 years old upon application.","age_measured_at":"application","adult_child_max_age_inclusive":null,"adult_child_conditions":"None; unmarried and under 21 only. Police clearance for children 18 or older.","step_adopted":"Legitimate and legally adopted children.","disabled_child_any_age":null},"parents":{"eligible":false,"conditions":"Not listed as eligible dependants on the PRA page."},"grandparents":{"eligible":null},"siblings":{"eligible":null},"other":{"eligible":null}},"timing":{"together_with_main_applicant":true,"add_later":true,"add_later_conditions":"Spouse or child can join the first application or be added once the principal's SRRV is approved.","add_later_deadline":null,"after_approval_births_marriages":null,"age_out_during_processing":"Age tested 'upon application'; later ageing not addressed."},"costs":{"currency":"USD","contribution_includes_family":"Principal plus 2 dependants covered by the annual fee; deposit for dependants beyond two","per_category":{"spouse":300,"child_under_18":300,"child_18_plus":300,"parent":null},"government_fees":[{"item":"Application fee per joining dependant","amount":300,"currency":"USD","applies_to":"each dependant"},{"item":"Visa deposit per dependant beyond two (not Former Filipinos)","amount":15000,"currency":"USD","applies_to":"third and further dependants"},{"item":"Annual fee Classic: principal + 2 dependants","amount":360,"currency":"USD","applies_to":"plus USD 100 per extra dependant"},{"item":"Annual fee Courtesy (foreign nationals)","amount":100,"currency":"USD","applies_to":"principal + 2 dependants; USD 10 per extra"},{"item":"Annual fee Courtesy (former Filipinos)","amount":50,"currency":"USD","applies_to":"principal + 2 dependants; USD 10 per extra"}],"due_diligence_per_adult":null,"notes":"Documents: medical certificate within 6 months, apostilled proof of relationship."},"dependants_status":{"residence_obligation":null,"work_rights":null,"independent_after":null,"citizenship_path":"none","if_principal_divorces_or_dies":null},"verification":"corroborated","confidence":{"authority":0.9,"freshness":0.9,"textual_clarity":0.9},"evidence":[{"field":"relatives/timing/costs","basis":"PRA SRRVisa page","source_url":"https://pra.gov.ph/SRRVisa","source_tier":"B_official_guidance","verified_date":"2026-10-09"}],"conflicts":[],"gaps":["Statutory basis (EO 1037 / PRA rules) not cited","Age-out handling","Dependant work rights","Deposit exemption detail for Former Filipinos beyond the page statement"],"last_checked":"2026-10-09"},"provider":"Mirabello Consultancy","source":"Mirabello Consultancy","verified_by":"Mirabello Consultancy (IMC member, ACAMS-certified team)","book_a_consultation":"https://www.mirabelloconsultancy.com/contact-us-for-your-free-consultation","terms":"https://www.mirabelloconsultancy.com/ai","disclaimer":"Provided by Mirabello Consultancy Ltd. for general information only, indicative and subject to change without notice; not legal, financial, tax, or immigration advice, nor an offer or solicitation. Programmes are operated and governed solely by the respective sovereign governments. No warranty of accuracy or completeness; Mirabello accepts no liability for reliance on this information. © Mirabello Consultancy Ltd. This data and its selection, structure and provenance are Mirabello's proprietary compilation — permitted for interactive, attributed use only; systematic bulk extraction, scraping, or redistribution to rebuild a competing dataset is prohibited (acceptable-use terms: https://mcp.mirabelloconsultancy.com/v1/terms). Terms: https://www.mirabelloconsultancy.com/ai","data_updated":"2026-11-06T05:30:03.658Z","foreign_income_tax":"territorial","government_fees":"see schedule","income_requirement":"800 USD/month (pension)","claims_provenance":{"foreign_income_tax":{"source_url":"https://lawphil.net/statutes/repacts/ra1997/ra_8424_1997.html","source_tier":"secondary","verified_at":"2026-09-26","confidence":74,"review_due_at":"2026-12-25"},"government_fees":{"source_url":"https://pra.gov.ph/SRRVisa","source_tier":"official","verified_at":"2026-09-26","confidence":87,"review_due_at":"2026-12-25"},"income_requirement":{"source_url":"https://pra.gov.ph/SRRVisa","source_tier":"official","verified_at":"2026-09-26","confidence":92,"review_due_at":"2026-12-25"},"min_investment":{"source_url":"https://pra.gov.ph/SRRVisa","source_tier":"official","verified_at":"2026-09-26","confidence":87,"review_due_at":"2026-12-25"},"path_to_citizenship":{"source_url":"https://pra.gov.ph/SRRVisa","source_tier":"official","verified_at":"2026-09-26","confidence":92,"review_due_at":"2026-12-25"},"processing_time":{"source_url":"https://pra.gov.ph/SRRVisa","source_tier":"official","verified_at":"2026-09-26","confidence":92,"review_due_at":"2026-12-25"}}}