In what other cities in Philippines can you go through the full application process for srrv besides Manila

Hi William,

You'll need a city with a PRA (Philippine Retirement Authority) office.

Head Office
29th Floor, BDO Tower, Valero Condominium Corporation, 8741 Paseo De Roxas Bel-Air, Makati City

Baguio Satellite Office
Unit 8, Bldg.3 Nevada Square, No.2 Loakan Road, Baguio City

Clark-Subic Satellite Office
3rd Floor Savers Mall, Best Western Metro Clark McArthur Highway, Angeles City, Pampanga 2009

Cebu Satellite Office
Unit 202 Club Ultima Tower II, Crown Regency Hotel & Towers, Jones Ave, Cebu City

Davao Satellite Office
Suite A306 Plaza de Luisa Building, Ramon Magsaysay Avenue, Davao City

If you need help with the PRA application, feel free to contact me.

https://nomadicfire.com/philippines-visa-consultation

Cheers,

Marco

I am 68 yr old transman engaged to a Filipina. Deposit is $10,000 for me. Once we marry, can we use the Deposit money to buy a house? Which visa would I apply for? And what kind of health insurance would I need?

Hi Robert,

Regrettably, the SRRV deposit can only be used for condominium purchases or long-term leases of a house and lot. However, you can look into a 13a Spousal Visa once you are married, which does not require a deposit. However,(this is not my area of expertise), a quick Google search states the Philippines does not recognize transgender marriages. The SRRV might still be your best bet.

There are pros and cons between the 13a vs. the SRRV. You can read about the 13a visa specifics here.

Your situation might benefit from speaking with one of our Visa and Immigration specialists.

If you would like a visa consultation session, you can sign up for one here.

Cheers,

Marco

I currently live in the US. I'm looking at possibly retiring in the Philippines. I receive a monthly veteran disability pay of $1550 a month. Can I use that as a pension towards my srrv visa?

Hi Mark,

As a veteran, you may qualify for special financial incentives for the SRRV Expanded Courtesy Visa Program. If you were in the US military and are over 50 years old, and

1. Can show a guaranteed pension income of $1,000+ per month
2. Then your required SRRV deposit is ONLY $1,500
3. And your renewal is only $10 per year!

If you would like visa application assistance to deal with the Philippines Immigration bureaucracy, drop us a line.

Cheers,

Marco

Hi there,

According to PRA Website, if an applicant decided to use the required deposit towards a long-term lease, it is a requirement that the property must be at least )$50,000 USD in value. How long should an applicant lease the property for? What will happen at the end of the lease agreement? Is there a strict rules when it comes to the location of the property? This type of information is not readily available online. Looking forward to hear from you.

Regards,
Jeya

Hi Jeya,

For the SRRV deposit, you can invest in a condominium purchase or the long-term lease of a house and lot. The minimum value for either investment must equal $50,000. For the lease, the lease term must be a minimum of 25-years.

Your deposit must stay invested for as long as you have the SRRV visa. If at the end of your lease agreement you wanted to stay in the Philippines longer than 25 years, you would need to renew the lease.

There are no restrictions on the property location.

I feel your frustration about not getting the information you need online. Spending hours researching the web for outdated answers or getting contradictory information from different sources is infuriating.

I have Visa and Immigration specialists ready to help cut through the government red tape, simplify your immigration process, and make obtaining your visa easier.

If we want someone to take the hassle out of the visa process, let me know.

https://nomadicfire.com/ philippines-visa-consultation

Cheers,

Marco

Hi Marco,

Thanks for your prompt response.

Are you saying that:

1. The value of the property must be at least $50,000 USD, then a retiree long-term lease should be minimum of 25 years for the with the total amount of $50,000 USD.

2. OR the property must be $50,000 in value, retiree can lease it for 25 years using the deposit of $10,000 USD for a retiree with monthly pension of $800 USD (50 yr old above)

If a retiree is 83 years old, do you think there’s a chance of being denied?

My other question is can the land owner be paid by the retiree using the deposit funds ( $50,000 USD) to built the house then lease the house and land to the retiree?

Thanks,
Jeya

Hi Jeya,

For situations requesting specific information, it's easier to jump on a 1-hour call and get all your questions answered. Feel free to sign up below, and we can get you sorted with clear, factual, and concise information and save you the hassles of researching endlessly.

https://nomadicfire.com/ philippines-visa-consultation

Cheers,

Marco

Hi Marco,

I am a Canadian planning to retire in the Philippines. Is it possible to apply for SSRV while I am still here in Canada or do I need to be in the Philippines to start the process?

Thanks.

Hi Garry,

You can start the process in your home country by collecting all the required documents, as getting the documents and the correct certifications and apostilles are harder outside of your home country.

However, you cannot apply for the SRRV until you are in-country.

If you would like assistance with the SRRV application process and avoid the headaches of dealing with Philippine Immigration, we can help.

https://nomadicfire.com/philippines-visa-consultation

Cheers,

Marco

Dear Marco, sorry to ask for clarification when you have provided great info here but I would like to be sure. I am an Aussie who is 5 years supposedly from the Aus public pension - it is a welfare pension given to those whose income/savings falls below a certain level.
Personally I doubt it will be there for people like me who`ve never had any free money from my govt but save theirs. This country is giving too much free money to people who could work but don`t want to. I don`t want to wait 5 yrs to find out that yet again being thrifty and not a drain on the public purse gets me nowhere. And I think my view that the pension age will be hiked again is likely - for those who don`t get an easy ride from the govt welfare that is.
I`ll likely have savings and the SRRV visa is interesting as it does not seem to demand that some applicants prove every month they receive a deposit in their bank account. So can you clarify for me - as long as I can deposit the necessary money in the designated Philippines bank, pay all the fees and meet the health insurance/clean record requirements, can I get a version of this visa and manage my savings to cover my living costs without showing a pension deposit each month?
Thank you for reading that!

Hi,

You are partly correct. There are currently four types or versions of the SRRV program.

Some SRRV versions do not require a minimum pension income, so as long as you meet the deposit and other requirements, then you are eligible.

However, other versions of the SRRV do require proof of pension amounts.

You can read my article about the retirement visas in the Philippines to understand the different versions of the SRR visa and their requirements, including pension qualifications and age minimums.

Cheers,

Marco

Hi, will the passport be handed in together with the rest of the requirements? That means I cannot use my US passport for 4-6weeks?