🏖️ SRRV VisaSpecial Resident Retiree's Visa

The SRRV visa (Special Resident Retiree's Visa) is the most popular permanent retirement visa in the Philippines. This complete guide provides you with all the information, requirements, and procedures.

📋 SRRV Overview

What is the SRRV?

The Special Resident Retiree's Visa (SRRV) is a permanent residence program managed by the Philippine Retirement Authority (PRA). It allows foreigners to settle permanently in the Philippines with many benefits.

Permanent residence in the Philippines
Multiple entry and exit without visa
Right to work (with permit)
Tax benefits

Types of SRRV

SRRV Smile

For retirees with pension

Deposit: $20,000 USD
Age: 50 years minimum
Pension: $800 USD/month minimum

SRRV Classic

For all applicants

Deposit: $50,000 USD
Age: 35 years minimum
No pension requirement

✅ Eligibility Requirements

SRRV Smile

1

Minimum Age

50 years for the main applicant

2

Monthly Pension

Minimum $800 USD per month from a government, private company, or international organization

3

Security Deposit

$20,000 USD in a designated Philippine bank

4

Health Insurance

Health coverage of at least $2,500 USD

SRRV Classic

1

Minimum Age

35 years for the main applicant

2

Security Deposit

$50,000 USD in a designated Philippine bank

3

No Pension Requirement

No monthly pension required

4

Health Insurance

Health coverage of at least $2,500 USD

📄 Required Documents

Personal Documents

Passport

Original + copies, valid for at least 6 months

Birth Certificate

Apostilled and translated into English

Marriage Certificate

If applicable, apostilled and translated

Police Clearance

From country of origin and residence, apostilled

Medical Certificate

Complete medical examination by an approved physician

Financial Documents

Proof of Pension (SRRV Smile)

Official letter confirming $800 USD/month minimum

Bank Statements

Last 6 months proving financial capacity

Health Insurance

Insurance policy covering at least $2,500 USD

PRA Forms

Duly completed application forms

ID Photos

2x2 inch format, white background

🔄 Application Process

1

Preparation

Gather all required documents and have them apostilled/translated if necessary.

2

Initial Filing

Submit your application to the PRA office with all documents and initial fees.

3

Verification

The PRA verifies your documents and conducts necessary security checks.

4

Approval

Receive your SRRV visa and permanent resident ID card.

💰 Costs and Fees

SRRV Smile

Security Deposit$20,000 USD
Processing Fee$1,400 USD
Annual Fees$360 USD
ID Card$10 USD
Initial Total$21,770 USD

SRRV Classic

Security Deposit$50,000 USD
Processing Fee$1,400 USD
Annual Fees$360 USD
ID Card$10 USD
Initial Total$51,770 USD

🎯 SRRV Benefits

🏠

Permanent Residence

Live in the Philippines permanently without visa renewal.

✈️

Multiple Entry

Travel freely without entry and exit restrictions.

💼

Right to Work

Possibility to work with an appropriate work permit.

💰

Tax Benefits

Tax exemptions on foreign income and imported goods.

🏦

Banking Services

Easier access to local banking and financial services.

👨‍👩‍👧‍👦

Family Included

Possibility to include spouse and children in the application.

💡 Practical Tips

⚠️ Points of Attention

Processing Times

Allow 3-6 months for complete processing

Apostille Required

All foreign documents must be apostilled

Presence Required

You must be present in the Philippines to finalize

✅ Recommendations

Prepare Everything in Advance

Start the process 6 months before your departure

Consult an Agent

An accredited PRA agent can facilitate the process

Keep Copies

Keep copies of all your documents

Ready to Start Your SRRV Application?

Check out our detailed guides for personalized advice based on our experience.