Seeking advice from a legal professional or law firm is essential when considering the qualifications and application process for the Philippine Economic Zone Authority (PEZA 47) Visa. At Duran & Duran-Schulze Law, we specialize in immigration law. Our firm assists and guides our clients through their PEZA 47 visa application process and offer solutions to any issues that may arise.
Philippine Economic Zone Authority (PEZA 47) Visa
In November 2021, the Philippine Economic Zone Authority (PEZA) implemented a new work visa for foreigners who work in the Philippines by companies registered with PEZA. This significant update stipulates that foreign workers and investors conducting business in the Philippines must obtain a PEZA visa.
PEZA is an investment promotion agency that facilitates foreign investors’ investment processes in the country. It is one of 19 IPAs offering specific fiscal and non-fiscal incentives, including exemptions from value-added tax (VAT), income tax holidays, among others.
Frequently Asked Questions:
What is PEZA 47?
According to Section 47a2 of the Philippine Immigration Act of 1940, PEZA Visa is granted to foreign nationals who work for Regional Headquarters or Regional Operating Headquarters. Employees of Philippine Economic Zone Authority (PEZA) and BOI-registered companies.
Who is eligible to apply for PEZA 47?
Foreign nationals can apply for PEZA 47 Visa if they fulfill any of the following qualifications:
- Employed as executive, supervisor, specialist, consultant or special staff of a company registered with PEZA or BOI.
- Employed by an enterprise with existing agreement/s with the Philippine government.
- Exchange professors, scholars, trainees and social workers under sponsorship.
- Approved by the President to apply for a PEZA 47 Visa.
What are the requirements for PEZA 47 Visa application?
PEZA 47 Visa requires sponsorship from the hiring company and is valid for the duration of the contract/term of office or for one (1) year.
Can a dependent apply for a PEZA Visa?
Yes. A marriage certificate (if applicable), birth certificate and an affidavit of support and guarantee of return fare by the sponsor will be required.
What is the validity period of PEZA 47?
PEZA 47 Visa is valid for two (2) years and can be renewed for an additional two (2) years. However, the maximum validity period is four (4) years, necessitating a reapplication for a PEZA Visa thereafter.
Can I still use my PEZA 47 Visa upon the end of my employment?
Upon the end of your employment, you must downgrade your PEZA 47 Visa to Temporary Visitor Visa, which is valid for approximately 59 days (equivalent to two months). You must then obtain an “order of cancellation” from the PEZA and depart the country before the Temporary Visitor Visa expires. Your sponsor shall inform the PEZA within five (5) days following the termination of the your tenure with the company.
What should I do if my PEZA 47 Visa expired?
Upon expiration, you must renew your PEZA 47, which is valid for an additional two (2) years. However, if you have consumed the maximum validity period of four (4) years, then you will be required to reapply for a new PEZA 47 Visa, provided you still meet the qualifications for employment in the Philippines.
Duran & Duran-Schulze Law Can Help
Documentation Assistance
We assist our clients in preparing and compiling the required documents for their PEZA 47 Visa application. This may include drafting and reviewing application forms, employment contracts, business plans, and other supporting documents required by the Philippine Economic Zone Authority (PEZA) and other relevant government agencies.
Navigate Legal Complexities
Immigration law can be complex, and navigating the visa application process may involve dealing with various legal intricacies. In this matter, our legal team provides clarity and guidance to our clients, and help them understand their rights and obligations under the law.
Address Concerns and Questions
Duran & Duran-Schulze Law provides ongoing support and communication throughout the visa application process, keeping our clients informed of any updates and addressing any concerns or questions that may arise.
