SRRV Classic (50+)
retirement · Philippines
PRA-administered indefinite multiple-entry retirement residency for foreign nationals aged 50+. Current PRA-published deposit: USD 15,000 if the applicant receives a verified monthly pension of at least USD 800 (single) or USD 1,000 (with dependants); USD 30,000 without a qualifying pension. Processing fee USD 1,500 (principal) + USD 300/dependant; annual PRA fee USD 360 covering principal + two dependants. Deposit refundable; after one year may be converted into qualifying investments (condominium / long-term lease).
- Minimum stay / validity
- Indefinite (permanent multi-entry)
- Processing time
- ~10 working days after complete docs
- Official source
- https://pra.gov.ph/SRRVisa
- Last verified
- May 2026
Requirements & criteria
- [Mandatory] No criminal record
- [Mandatory] Age ≥ 50
- [Mandatory] Deposit USD 15,000 + monthly pension ≥ USD 800/1,000
- [Mandatory] Deposit USD 30,000 (no qualifying pension)