At Duran & Duran-Schulze Law, we specializes in immigration and investment law. With our assistance, we can streamline your application process and increase the chances of your approval from the Bureau of Immigration (BI). We also provide legal advice on the eligibility criteria for obtaining a SIRV, including the minimum investment required, permissible investment types, and other requirements.

Special Investor’s Resident Visa (SIRV)

The Special Investor Resident Visa (SIRV) grants foreign investors to live in the Philippines with multiple entry privileges, providing that his/her investments within the country are being maintained. Issued by the Bureau of Immigration (BI) upon endorsement by the Board of Investments, the SIRV requires investors to remit a minimum of US$75,000 into the Philippines and invest this capital in economically beneficial activities outlined in Book V of the Omnibus Investments Code as amended by Executive Order No. 226. 

The SIRV applicant can remit his/her investments through any accredited depository banks in the Philippines, such as the Land Bank of the Philippines (LBP) and the Development Bank of the Philippines (DBP).

Qualifications for SIRV

Foreign nationals aged twenty-one (21) or above are eligible to apply for an SIRV and must meet the following qualifications:

• No convictions for morally unjust crimes;
• No presence of dangerous or contagious diseases;
• No history of institutionalization for mental disorders or disabilities;
• Holder of a tourist visa with at least one (1) month validity; and
• Able to invest a minimum of US$75,000.

Additionally, the applicants may include their dependents or beneficiaries, such as spouses and child/children under twenty-one (21) years old. If their child/children reaches the age of 21, the SIRV will no longer be honored and they will be required to downgrade their visa or secure another visa if he/she wishes to continue residing in the Philippines.