Jump to content
BANGKOK
connda

Phillippians SRRV Visa

Recommended Posts

11 hours ago, connda said:

I had no problem accessing it via Firefox.  Plus https://pra.gov.ph is the legitimate site for the Philippine Retirement Authority.  You may wish to try another browser. 
Consider Google as suspect as they have placed themselves in the position as being the gatekeepers of the Internet.

That worked.

Share this post


Link to post
Share on other sites
15 hours ago, lopburi3 said:

SRRV is not needed by most expats but real attractiveness would appear for those with previous service in PI (military/diplomates) where special category is available without the financials of the normal application.  Well worth a look for some.  Those married get a free year stay by just arriving in country with spouse.  Those not married can pay for extension of about 30/60/180 days up to 3 years stay on any entry and then exit for a day and repeat so most seem to use that system.  

"not needed" is correct however there are advantages to SSRV.  In addition to the list below, if someone lives in the bundoks, traveling for extensions and leaving every few years can be a pain.  Also, the decision does not need to be made immediately. 

 

Permanent non-immigrant status with multiple-entry privileges through the Special Resident Retiree's Visa;
Exemption from customs duties and taxes for the importation of personal effects;
Exemption from Exit Clearance and Re-entry Permits;
Exemption from payment of travel tax provided the retiree has not stayed in the Philippines for more than one year from date of his last entry into the country;
Conversion of the requisite deposit into active investments, including purchase of condominium unit;
Interest on the foreign currency deposit is tax-free and payable to retiree in Philippine Pesos;
Foreign currency time deposit can be converted into Philippine Pesos deposit, but interest is subject to withholding tax;
Pension, annuities remitted to the Philippines are tax-free; and
Guaranteed repatriation of the requisites deposit including invested profits, capital gains and dividends accrued from investments, upon compliance with Bangko Sentral rules and regulations.
Access to the better than nothing Philhealth system.

Relatively short flight to Guam for Medicare coverage.

No requirement for the ACR I-Card 

  • Thanks 1

Share this post


Link to post
Share on other sites
3 hours ago, AAArdvark said:

Relatively short flight to Guam for Medicare coverage.

 

3 hours ago, AAArdvark said:

leaving every few years can be a pain

Was not saying no advantage but most are not required by the majority of expats - dual tax treaty normally covers pensions and would not want to live anywhere without health insurance and one flight every 3 years seems to be possible for most.  Living in boonies can be an issue (but that is true anywhere - including USA - the newer six month extensions option seems to help that a bit).

Share this post


Link to post
Share on other sites

The SRRV - Expanded Courtesy is particularly attractive to ex-servicemen.

If not to live there, just as a backup residency.

 

Application Fee USD $1400

Deposit USD $1500 (which they hold on to unless you want to use it for real estate purchase or leasing of a house.)

Annual fee. USD $10

 

https://pra.gov.ph/wp-content/uploads/2018/03/SRRV-Info-Guide-04.14.15.pdf

 

 

  • Like 2

Share this post


Link to post
Share on other sites
5 hours ago, lopburi3 said:

 

Was not saying no advantage but most are not required by the majority of expats - dual tax treaty normally covers pensions and would not want to live anywhere without health insurance and one flight every 3 years seems to be possible for most.  Living in boonies can be an issue (but that is true anywhere - including USA - the newer six month extensions option seems to help that a bit).

Agreed.  You also quoted my quote on Guam but did not comment on it.  Did you mean to comment.

Share this post


Link to post
Share on other sites
5 hours ago, lopburi3 said:

would not want to live anywhere without health insurance

Guam is a nice option to have but believe insurance for where located is to be preferred.  Have no knowledge on medicare so can not comment on that.

Share this post


Link to post
Share on other sites
23 minutes ago, oznomad said:

The SRRV - Expanded Courtesy is particularly attractive to ex-servicemen.

If not to live there, just as a backup residency.

 

Application Fee USD $1400

Deposit USD $1500 (which they hold on to unless you want to use it for real estate purchase or leasing of a house.)

Annual fee. USD $10

 

https://pra.gov.ph/wp-content/uploads/2018/03/SRRV-Info-Guide-04.14.15.pdf

 

 

I see this but what are the exact requirements and how do you prove them.  Does simply being assigned to Clark or Subic qualify?

 

"Retired military personnel who have provided military aid and training to the Philippine Government via a defense treat or any other similar agreement."

Share this post


Link to post
Share on other sites
1 minute ago, lopburi3 said:

Guam is a nice option to have but believe insurance for where located is to be preferred.  Have no knowledge on medicare so can not comment on that.

Agreed.  Most american retirees have medicare but it cannot be used outside of the United States.  Local quality insurance is good but sometimes you need more and for someone who is already paying for medicare, Guam is an option.

Share this post


Link to post
Share on other sites
1 minute ago, AAArdvark said:

Does simply being assigned to Clark or Subic qualify?

Believe having such proof is what is required but this is a newer modification so not read up on it.

Share this post


Link to post
Share on other sites
58 minutes ago, AAArdvark said:

I see this but what are the exact requirements and how do you prove them.  Does simply being assigned to Clark or Subic qualify?

 

"Retired military personnel who have provided military aid and training to the Philippine Government via a defense treat or any other similar agreement."

I asked the question of them, last year.

You didnt have to serve in PH, just be a serviceman of a country with PH ties.

Australia was ok. I guess US would be too. Others will have to check.

Share this post


Link to post
Share on other sites

The Veteran's Administration also has office in Philippines attached to embassy.

So for former service member's who qualify, that is a benefit.

  • Like 1

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...