Short answer: The Philippines Special Resident Retiree’s Visa (SRRV), run by the Philippine Retirement Authority, requires age and a time deposit in an accredited bank (or deposit plus pension combinations). Approval supports long stay and multiple entry. Deposit floors are often lower for applicants 50+ with pensions. SRRV is not a Philippine passport and not a work permit; local employment needs separate labour permission.
Condition concepts
| Item | Detail |
|---|---|
| Age | Often from 50 (by sub-category) |
| Deposit | Accredited bank time deposit in tiers |
| Pension | Some sub-categories allow pension to reduce deposit |
| Family | Spouse and eligible children can join |
| Work | No automatic work right |
US-dollar deposit amounts follow the current PRA schedule.
Who fits?
People planning long stays in Cebu, Manila or beach areas with pension or deposit capacity and no urgent need to work locally. Work or fast citizenship goals point elsewhere. Short multiple-entry tourist arrangements can be simpler for light travel but do not match SRRV rights.
Deposit and withdrawal
Deposits are constrained by PRA and bank freeze rules until cancellation or other release conditions. Plan liquidity—do not lock all emergency funds.
Global Immigrate note
Confirm age and provable pension before mapping deposit tiers. Visit housing and healthcare options before wiring large sums. Tie transfers to PRA approval progress so documents are not rejected after the wire.
Information current as of October 2026.
This article is general information, not legal or tax advice. See Philippines SRRV.