The Philippines' premier long-term visa for retirees - live in paradise with minimal requirements
Most Popular Option
Investment Flexible
Former Filipinos
Medical Patients
| Category | Age | SRRV Smile | SRRV Classic |
|---|---|---|---|
| Standard | 35-49 | $20,000 | $50,000 |
| With Pension ($800+/mo) | 50+ | $20,000 | $10,000 |
| Without Pension | 50+ | $20,000 | $20,000 |
| Former Filipino | 35+ | $1,500 (Courtesy) | |
Valid passport (6+ months), police clearance from home country, medical exam, photos, pension proof (if applicable), marriage/birth certificates for dependents.
Apply at PRA (Philippine Retirement Authority) office in Manila, Cebu, or Davao. Can also start process at Philippine consulates abroad.
Transfer required deposit to PRA-accredited bank (Development Bank of the Philippines or similar). Funds held in your name.
Complete medical exam at PRA-accredited hospital. NBI clearance check is conducted.
Processing takes 10-20 working days. Receive SRRV ID card and visa stamped in passport. Annual renewal fee: $360.
Yes, but you need to obtain a separate Alien Employment Permit (AEP) from DOLE. The SRRV itself is a residency visa, not a work permit.
If you cancel your SRRV and leave the Philippines permanently, your deposit is fully refundable (minus any outstanding fees).
Yes. You can include a spouse and unmarried children under 21. Additional deposit of $15,000 required per dependent for SRRV Classic, or no extra for Smile if they share your account.
Yes. You need to provide proof of regular pension payments (Social Security, military pension, etc.) to qualify for the reduced $10,000 deposit rate.
You can only buy a condominium unit. Foreigners cannot own land in the Philippines. You can lease land long-term (up to 50 years + renewal) for a house.