Global Residency Programs Report: Philippines

The Philippines provides foreign nationals with a dual-track framework for long-term residency through either active capital deployment or structured retirement savings. Under the Special Investor’s Resident Visa (SIRV) track, individuals aged 21 and older can secure indefinite residency and multiple-entry privileges by executing an inward foreign-currency remittance of at least USD 75,000. This capital must be held in a probationary peso time deposit and converted within 180 days into an eligible domestic enterprise, such as shares in publicly listed companies, manufacturing entities, or service sectors aligned with the government’s Investment Priorities Plan. Alternatively, the Special Resident Retiree’s Visa (SRRV), administered by the Philippine Retirement Authority (PRA), accommodates individuals from a minimum age of 40. The financial requirements for the mainstream SRRV Classic sub-programme are tiered by age and pension status: applicants aged 50 and above must maintain a bank deposit of USD 15,000 if they hold a guaranteed lifetime monthly pension of at least USD 800, or USD 30,000 without a pension; for younger applicants aged 40 to 49, the mandatory deposit increases to USD 25,000 with a qualifying pension or USD 50,000 without one. All pathways require passing localised Bureau of Immigration and police clearances, and the status covers the principal applicant’s spouse and unmarried children under 21.