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The Special Resident Retiree’s Visa (SRRV) is a special non-immigrant visa issued by the Bureau of Immigration of the Philippines, under the retirement program of the Philippine Retirement Authority (PRA). It is designed to attract foreign nationals and former Filipino citizens to live and retire long-term in the Philippines.

Benefits of an SRRV holder

Explore the perks of being an SRRV holder. Enjoy retirement in the Philippines.

Permanent residency in the Philippines

Permanent residency in the Philippines

Multiple entry and indefinite stay

Multiple entry and indefinite stay

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Discounts and privileges from PRA-accredited Merchant Partners

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PRA Newsletter subscription

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Assistance in transacting with other government agencies

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PhilHealth Insurance Special Rate

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Exemption from:

  • Bureau of Immigration’s Annual Reporting and the Alien Certificate of Registration (ACR) Identity Card
  • Bureau of Immigration Exit/Re-entry Permits
  • Customs duties and taxes for one-time importation of household goods and personal effects up to USD 7,000.00
  • Tax on pensions and annuities
  • Travel Tax
  • Separate work/student visa or permits

SRRVisa Options

SRRV Classic

An SRRV Option for the Principal retirees, pensioners or nonpensioners, who may opt to use the Visa Deposit/Requisite Dollar Time Deposit for investment purposes allowed under the SRRV program.

Visa Deposit

50 years old and above 40-49 years old
Pensioner USD 15,000.00 USD 25,000.00
Non-Pensioner USD 30,000.00 USD 50,000.00

Proof of lifetime pension of at least USD 800.00/month for single applicants and USD 1,000.00/month for applicants with dependents

SRRV Courtesy

For Foreign Nationals

An SRRV Option for the Principal retirees under special categories such as retired diplomats, officers of international organizations recognized by the Philippine Department of Foreign Affairs, retired military service members from countries with recognized bilateral relations with the Philippines, and high achievers in academic, business, arts, culture, music, sports, including philanthropists.

Visa Deposit

50 years old and above 40-49 years old
USD 1,500.00 Pensioner USD 3,000.00
Non-Pensioner USD 6,000.00

SRRV Courtesy

For Former Filipinos

An SRRV Option for Filipino retirees that are naturalized in other countries and have not re-acquired Filipino citizenship.

Visa Deposit

50 years old and above 40-49 years old
USD 1,500.00 USD 3,000.00

Qualified Applicants

Principal/s

40 years old and above

  • Foreign Nationals
  • Former Filipino Citizens

Dependent/s

Spouse - Legally married to the Principal Retiree

Children - Unmarried and below 21 year old upon application

  • Legitimate
  • Legally adopted

Basic Requirements

Below are the basic documents and fees required for an SRRV application. The PRA reserves the right to request additional documents and information to validate application:

For Principal Applicants

  1. Original Passport with a valid Tourist Visa
    • Tourist visa (without restrictions) must be valid for at least 1 month while processing the SRRV. In cases where the tourist visa expires while the SRRV is being processed, the applicant must have it extended.
  2. Accomplished PRA Application Form
  3. Medical Certificate (issued within 6 months before submission)
  4. Police Clearance from the country of origin or residence for the last 6 months (issued within 6 months before submission)
  5. Bureau of Immigration Clearance Certificate (BICC)
  6. National Bureau of Investigation (NBI) Clearance
    • For applicants who have stayed more than 90 days in the Philippines prior to submission of application documents.
  7. Photos
    • Eight (8) recent, high-quality, 2x2-inch pictures with a white background which must have been taken within three (3) months prior to submission of the SRRV Application.
  8. PRA Processing Fee of USD 1,500.00 (or its equivalent amount in Peso)
  9. Bank Certificate / Proof of Inward Remittance
    • The requisite dollar deposit must be sent as an inward remittance from any bank abroad to a PRA-accredited bank of choice.
    • Accredited Government Bank
    • Development Bank of the Philippines (DBP)
    • Indicate the following details in the remittance form as Remittance Purpose:
      • SRRV deposit of (Complete name of Principal SRRV applicant as shown in the passport)
      • Date of Birth
      • Passport Number

      DBP will provide PRA with a notarized bank certification within 7-10 working days after receiving the remittance.

    • Accredited Private Banks
      • Philippine National Bank (PNB) - All Branches
      • Banco de Oro (Pacific Star and Cebu IT Park Branches only)
      • KEB Hana Bank - Manila Branch (Makati Ave. Cor Paseo De Roxas)
      • Unionbank - All Branches
      • Bank of Commerce - All Branches
      • Shinhan Bank - Manila Branch (RCBC Savings Corporate Center)
    • As a pre-requisite in opening an account in a PRA accredited private bank, send a request for a Letter of Introduction (LOI) from PRA through srrvwalkin@pra.gov.ph and provide the following details:
      • Bank Name
      • Branch Name and Address
      • SRRV Option and Amount to be remitted
      • Copy of Principal Applicant’s passport bio page

      Private banks will provide PRA with the bank certificate within 3-5 banking days from the remittance date

    • Visa deposit of USD 15,000.00 is required for each additional dependent in excess of two; except Former Filipinos
  10. PRA Annual Fee
    • This fee is payable upon joining the program and every year thereafter as long as the retiree is a holder of the SRRVisa. This must be paid in cash (in USD or Php) at the PRA office or deposited into PRA's Land Bank of the Philippines account.
    • SRRV Classic SRRV Courtesy
      Foreign National Former Filipino
      USD 360.00
      Principal + 2 Dependents      		 USD 100.00
      Principal + 2 Dependents      		 USD 50.00
      Principal + 2 Dependents
      Additional USD 100.00 for each Dependent in excess of 2 Additional USD 10.00 for each Dependent in excess of 2 Additional USD 10.00 for each Dependent in excess of 2
Additional Documents for Principal Retirees under Certain Circumstances

Pensioner
Proof of Lifetime Pension - at least USD 800.00/month for single applicants and USD 1,000.00/month for applicants with dependents.

Former Filipinos
Old Philippine Passport or Birth Certificate issued by the Philippine Statistics Authority.

Retired Military Officers/ Diplomats from International Organizations
Proof of Qualification under SRRV Courtesy Foreign Nationals (e.g. Proof of Military Service, Certificate of Employment from International Organizations recognized by DFA or other documents to be determined by PRA).

Supplementary Requirements for Applicants from PRA Identified Countries
  • Birth Certificate
  • National ID
  • Social Insurance Record or Retirement Certificate

For Dependent Applicants

  1. Original Passport with a valid Tourist Visa
  2. Accomplished PRA Application Form
  3. Original PRA Medical Certificate (issued within 6 months prior to submission)
  4. Original Police Clearance (and NBI Clearance, if necessary) for Spouse, and for children who are 18 years old and above
  5. Bureau of Immigration Clearance Certificate (BICC)
  6. Apostilled/Authenticated Proof of Relationship (e.g. Marriage Certificate for the Spouse and Birth Certificate for the child)
  7. Photos (8pcs, 2x2 inch)
  8. Application Fee of USD 300.00 for each joining dependent

Spouse and Children can be included as dependents on the initial application or added after the Principal applicant has an approved SRRVisa.

All documents issued outside the Philippines must be translated into English (if not already in English), and either Apostilled by the appropriate government authority or authenticated by the Philippine Embassy or Consular Office.