What is a Special Resident Retiree’s Visa (SRRV)?
As amended by the Philippine Immigration Act of 1940, the Special Resident Retiree’s Visa (SRRV) is a specialized non-immigrant visa that ought not to be identified with the other visa types.
The issuance of the SRRV to qualified Philippine Retirement Authority (PRA) applicants is permitted to live and work in the Philippines indefinitely and with multiple entry privileges as long as the requisite deposit investment is maintained.
What are the Benefits of a Special Resident Retiree’s Visa (SRRV) Holder in the Philippines?
A SSRV holder has the following benefits:
- Indefinite stay with multiple-entry/exit privileges;
- Exemption from:
- Philippine Bureau of Immigration ACR-I Card (Annual Report);
- Customs duties and taxes for one time importation of household goods and personal effects worth up to US$7,000.00 Tax from pensions and annuities;
- Travel Tax, if retiree has not stayed in the Philippines for more than 1 year from last date of entry; and
- Student Visa/Study Permit
- Free subscription to the PRA Newsletter;
- Discount privileges from PRA accredited Merchant Partners;
- Free assistance in transacting with other government agencies; and
- Entitlement to PhilHealth benefits and privileges.
Duran & Duran-Schulze Law Can Help!
If you wish to retire in the Philippines, Duran & Duran-Schulze Law will assist you to apply for a Special Resident Retiree’s Visa (SRRV) in the Philippines. We are a immigration law firm that can help you navigate through the complexities of the Philippine Immigration Law.
Assist in Visa Application
At Duran & Duran-Schulze Law, we can assist in preparing and organizing the required documents for the SRRV application. This includes completing forms, gathering financial statements, and obtaining any necessary certifications or clearances. Once all documents are in order, we can submit the SRRV application on behalf of our client. We can also ensure that the application is properly completed and submitted to the appropriate government agencies.
Overcoming Obstacles and Addressing Eligibility Issues
Our knowledgeable lawyers are available to help you and offer legal guidance on the requirements and eligibility criteria for obtaining an SRRV. They can explain the application process, necessary documents, and any updates or changes in the law related to the visa. They can also negotiate with immigration authorities, come up with practical solutions, and act as your representative.
Need further information and assistance regarding Special Resident Retiree’s Visa (SRRV)? Talk to our team at Duran & Duran-Schulze Law to know more about the requirements and process. Call us today at (+632) 8478 5826 or +63 917 194 0482, or send an email to info@duranschulze.com for more information.