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Philippines · Retirement · Indefinite stay

Philippines Special Resident Retiree’s Visa — Classic

Indefinite non-immigrant retirement status; figures shown for a pensioner aged 50 or older.

Value scoreCheckingPassport data under review
5-year costCheckingone applicant, not recoverable
DecisionCheckingComparable time under review

Official program page

Value: what the Special Resident Retiree’s Visa — Classic gives you

Passport reach 25 pts weightChecking
Path to citizenship 25 pts weightChecking
Work, family, healthcare 20 pts weight100
Stay rule 15 pts weightChecking
Tax on foreign income 10 pts weightChecking
Policy stability 5 pts weight60
Passport: visa-free destinations
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Years to permanent residence
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Years to citizenship
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Leads to citizenship
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Can work for a local employer
YesOfficialPhilippines Bureau of Immigration / Supreme Court E-Library, checked 2026-11-15SRRV holders may work after securing the required Alien Employment Permit; the residence visa alone is insufficient.
Same application for spouse and children
YesOfficialPhilippine Retirement Authority, checked 2026-11-15Spouse and unmarried dependent children under 21 may join the initial application.
Public healthcare
YesOfficialPhilippine Retirement Authority, checked 2026-11-15PRA lists a special PhilHealth insurance rate for holders.
Minimum stay per year
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Tax on foreign income
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Dual citizenship allowed
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Rule changes, last 24 months
ChangedOfficialPhilippine Retirement Authority, checked 2026-11-15Expanded program issued August 2025; age eligibility starts at 40 and deposits differ by age and pension status.

Cost: what the Special Resident Retiree’s Visa — Classic costs over five years

Government fees
$1,860OfficialPhilippine Retirement Authority, checked 2026-11-15USD1,500 application plus USD360 first annual PRA fee.
Non-refundable contribution
$0OfficialPhilippine Retirement Authority, checked 2026-11-15No government donation is part of the published eligibility requirements.
Due diligence
$0OfficialPhilippine Retirement Authority, checked 2026-11-15The official SRRV processing chart assigns no fee to its KYC interview; separate required police and immigration clearance costs belong under mandatory extras.
Compulsory extras, first year
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Renewal fees, first 5 years
$1,440OfficialPhilippine Retirement Authority, checked 2026-11-15Four further USD360 annual fees after the initial annual fee, for five years total.
Investment you may get back
$15kOfficialPhilippine Retirement Authority, checked 2026-11-15Pensioner aged 50+; age40–49 pensioners require USD25,000; non-pensioner deposits are higher.
Minimum income per month
$800OfficialPhilippine Retirement Authority, checked 2026-11-15Lifetime pension for a single applicant; USD1,000 with dependents.
Extra for a spouse and two children
$1,000OfficialPhilippine Retirement Authority, checked 2026-11-15Three USD300 dependent applications plus USD100 first annual surcharge for the third dependent; USD15,000 additional deposit is separate capital.
Typical adviser fees (not in the total)
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USD estimates use the 13 November 2026 reference rates of the European Central Bank, Central Bank of Armenia and Central Bank of the UAE, and the Central Bank of Uruguay rate for UYU. The Panamanian balboa uses its official one-to-one parity.

Speed: how long the Special Resident Retiree’s Visa — Classic takes

Official processing time
CheckingOfficialPhilippine Retirement Authority, checked 2026-11-15PRA lists 10 working days at its head office (plus 2 hours via satellite offices), expressly excluding Bureau of Immigration processing; this is not end-to-end visa decision time.
Reported processing time (median)
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Approval to card or passport
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Sources

  1. SRRV options and fees, Philippine Retirement Authority. Checked 2026-11-15.
  2. Expanded SRRV Program, August 2025, Philippine Retirement Authority. Checked 2026-11-15.
  3. Processing of SRRV Application — revised September 2025, Philippine Retirement Authority. Checked 2026-11-15.
  4. BI Memorandum Order ADD-02-058 — work permits for SRRV holders, Philippines Bureau of Immigration / Supreme Court E-Library. Checked 2026-11-15.

Every figure on this page last reviewed 2026-11-15. General information, not legal advice. Spotted an error? Email us from the contact page.

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