The Philippine Retirement Authority (PRA) SRRV program

The PRA is mandated to develop and promote the Philippines as a retirement haven and as a means of accelerating the social and economic development of the country. The SRRV program provides an attractive quality of life package to targeted retirees whilst at the same time strengthening the Philippines foreign exchange position.

The Philippines SRRV program was revised and updated on the 1st September 2025. This article reflects these changes and highlights the up-to-date requirements.

Benefits for an SRRV holder

Explore the perks of being an SRRV holder. Enjoy retirement in the Philippines.

SRRVisa Options

Qualified Applicants

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Basic Requirements

Below are the basic documents and fees required for an SRRV application. The PRA reserves the right to request additional documents and information to validate application:

For Principal Applicants

1. Original Passport with a valid Tourist Visa
   • Tourist visa (without restrictions) must be valid for at least 1 month while processing the SRRV. In cases where the tourist visa expires while the SRRV is being processed, the applicant must have it extended.
2. Accomplished PRA Application Form
3. Medical Certificate (issued within 6 months before submission)
4. Police Clearance from the country of origin or residence for the last 6 months (issued within 6 months before submission)
5. Bureau of Immigration Clearance Certificate (BICC)
6. National Bureau of Investigation (NBI) Clearance
   • For applicants who have stayed more than 90 days in the Philippines prior to submission of application documents.
7. Photos
   • Eight (8) recent, high-quality, 2×2-inch pictures with a white background which must have been taken within three (3) months prior to submission of the SRRV Application.
8. PRA Processing Fee of USD 1,500.00 (or its equivalent amount in Peso)
9. Bank Certificate / Proof of Inward Remittance
   • The requisite dollar deposit must be sent as an inward remittance from any bank abroad to a PRA-accredited bank of choice.
   • Accredited Government Bank
   • Development Bank of the Philippines (DBP)
   • Indicate the following details in the remittance form as Remittance Purpose:
     • SRRV deposit of (Complete name of Principal SRRV applicant as shown in the passport)
     • Date of Birth
     • Passport Number
     DBP will provide PRA with a notarized bank certification within 7-10 working days after receiving the remittance.
   • Accredited Private Banks
     • Philippine National Bank (PNB) – All Branches
     • Banco de Oro (Pacific Star and Cebu IT Park Branches only)
     • KEB Hana Bank – Manila Branch (Makati Ave. Cor Paseo De Roxas)
     • Unionbank – All Branches
     • Bank of Commerce – All Branches
     • Shinhan Bank – Manila Branch (RCBC Savings Corporate Center)
   • As a pre-requisite in opening an account in a PRA accredited private bank, send a request for a Letter of Introduction (LOI) from PRA through [email protected] and provide the following details:
     • Bank Name
     • Branch Name and Address
     • SRRV Option and Amount to be remitted
     • Copy of Principal Applicant’s passport bio page
     Private banks will provide PRA with the bank certificate within 3-5 banking days from the remittance date
   • Visa deposit of USD 15,000.00 is required for each additional dependent in excess of two; except Former Filipinos
10. PRA Annual Fee
    • This fee is payable upon joining the program and every year thereafter as long as the retiree is a holder of the SRRVisa. This must be paid in cash (in USD or Php) at the PRA office or deposited into PRA’s Land Bank of the Philippines account.
    • SRRV ClassicSRRV CourtesyForeign NationalFormer FilipinoUSD 360.00
      Principal + 2 DependentsUSD 100.00
      Principal + 2 DependentsUSD 50.00
      Principal + 2 DependentsAdditional USD 100.00 for each Dependent in excess of 2Additional USD 10.00 for each Dependent in excess of 2Additional USD 10.00 for each Dependent in excess of 2

Additional Documents for Principal Retirees under Certain Circumstances

Pensioner
Proof of Lifetime Pension – at least USD 800.00/month for single applicants and USD 1,000.00/month for applicants with dependents.

Former Filipinos
Old Philippine Passport or Birth Certificate issued by the Philippine Statistics Authority.

Retired Military Officers/ Diplomats from International Organizations
Proof of Qualification under SRRV Courtesy Foreign Nationals (e.g. Proof of Military Service, Certificate of Employment from International Organizations recognized by DFA or other documents to be determined by PRA).

Supplementary Requirements for Applicants from PRA Identified Countries

• Birth Certificate
• National ID
• Social Insurance Record or Retirement Certificate

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For Dependent Applicants

1. Original Passport with a valid Tourist Visa
2. Accomplished PRA Application Form
3. Original PRA Medical Certificate (issued within 6 months prior to submission)
4. Original Police Clearance (and NBI Clearance, if necessary) for Spouse, and for children who are 18 years old and above
5. Bureau of Immigration Clearance Certificate (BICC)
6. Apostilled/Authenticated Proof of Relationship (e.g. Marriage Certificate for the Spouse and Birth Certificate for the child)
7. Photos (8pcs, 2×2 inch)
8. Application Fee of USD 300.00 for each joining dependent

Spouse and Children can be included as dependents on the initial application or added after the Principal applicant has an approved SRRVisa.

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Recommended Reading:
SRRV holders are NOT permitted to work in the Philippines

Ditch the Snow Boots: Why the Philippines’ SSRV Visa is Your Golden Ticket to Paradise Retirement!

Hey, dreamers and doers! If you’re eyeing retirement like a long-overdue beach vacation, the Philippines’ Special Resident Retiree’s Visa (SSRV) is your fast-pass to endless sunshine and zero regrets. Forget shoveling snow or counting pennies— this visa flips the script on “golden years” into pure gold adventures. Let’s dive into why it’s a total game-changer:

• Tropical Bliss on a Budget: Imagine waking up to turquoise waves and palm-fringed beaches without breaking the bank. With SSRV, your retirement nest egg stretches like taffy—affordable living means more moolah for mango shakes and island-hopping escapades. Who needs a mansion when you’ve got paradise at pennies on the dollar?
• Freedom to Roam (and Return): No more visa runs or expiration anxiety! SSRV grants you indefinite stay with multiple entries, so jet off to visit grandkids or chase sunsets elsewhere, knowing your Filipino haven awaits. It’s like having a “pause” button on your dream life—hit play whenever!
• Perks That Make You Feel VIP: From tax breaks on your pension to sweet discounts on healthcare, dining, and entertainment, SSRV treats you like royalty. Plus, the warm, welcoming Filipino vibe? It’s the cherry on top—friendly locals who’ll have you feeling like family from day one.

Picture this: Sipping fresh coconut water at sunset, exploring vibrant markets, or diving into crystal-clear reefs. SSRV isn’t just a visa; it’s your launchpad to a lighter, brighter chapter. You’re not retiring—you’re reigniting! Grab that application, pack your flip-flops, and let’s make those retirement dreams sizzle. You’ve earned this—now go live it up! 🌴✨