Philippines Immigration
 

Any webmasters here live in the Philippines?

What's it like? Is the immigration process difficult? I've read that a $30K investment into tourism will secure a renewable 2 year investment visa.

Why not just get a SRRV visa ?
(35 – 49 years old - US$ 50,000.00 deposit )

A. Options to:
1. Reside permanently with multiple entry privileges.
2. Convert dollar time deposit into active investments allowed by PRA.
3. Convert dollar time deposit to other foreign currencies.

B. Exemptions from:
1. Exit Clearance, Re-Entry and annual registration requirements of the Bureau of Immigration.
2. Travel Tax provided that the holder has not stayed in the Philippines for more than a year from date of last entry.
3. Tax and duty on importation of household goods/personal effects up to US$7,000.00 (i.e, Furniture and Appliances)
4. Student Visa and/or Special Study Permit.

C. Opportunities to:
1. Start a second home with your family.
2. Be gainfully employed upon issuance of the Alien Employment Permit (AEP), to which PRA can assist.
3. Pursue studies anywhere in the Philippines.

D. Guaranteed repatriation of the required dollar time deposit including interest upon cancellation of the SRRVisa.

Are you sue you want to invest $30K and never visted ?
How do you know you will even like it ?

Why are you moving to the philippines?

I'm only 32. Obviously I wouldn't decide to immigrate without first visiting. lol I'm just looking at my options.

I plan on saving a few million over the next few years. Looking to lower my living costs.

Always a good plan, now you do have a plan on earning a few million as well right?

well, immigration here is not as restrictive as US.

Read more here! :winkwink:

lol

Every few months, yes. :)

Awesome. Thanks :)

Well this in that case you should look into the SIRV visa.


The Special Investor's Resident Visa (SIRV) entitles the holder to reside in the Philippines for an indefinite period as long as the required qualifications and investments are maintained.

Persons Entitled to SIRV

Any alien, except for restricted nationals, at least twenty-one (21) years of age, who meets the qualifications and follows the implementing rules provided for in the issuance of an SIRV. The applicant's spouse and unmarried children under twenty-one (21) years of age may also be issued the same visa.

The applicant must not have been convicted of a crime involving moral turpitude, been afflicted with any loathsome, dangerous or contagious disease; has not been institutionalized for any mental disorder or disability; and is willing and able to invest the amount of at least USD75,000 in the Philippines.

That's excellent info. Thank you!

Right on, bro. The Philippines can use more Direct Foreign Investment and more jobs. MABUHAY and welcome!

You can visit the Philippines as a tourist without a visa and stay up to 2 years by extending your visa waiver for 2 months at a time beyond the initial 21 days. If you are married to a Filipina you will be allowed to stay for 1 year.


If you decide to take up legal residency in the Philippines be prepared to pay a lot of tax: 35% on worldwide income.

Other than that, life can be wonderful in the Pinas :-)

Thanks dude! :)

This is interesting. I'd be bringing along wife and kids.

Overall, seems there are multiple avenues to pursue. I'm seeing a few countries in feb & march 08 so if any locals want to link up, I'm all for it.

Dude ... you're always on the move! :) lol

Hey dude. :) I get bored every coupla years. :)

The PI rocks :thumbsup

Hey dude. :) I get bored every coupla years. :)

welcome to the Philippines in advance. :)