Philippines On Map

The Philippine Retirement Authority (PRA) SRRV program

Thinking of retiring to the Philippines? The SRRV visa is a great expat-friendly option.
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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.

COVID-19 SRRV Monitoring System:
Travel Pass/Entry Exemption for existing SRRV holders

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Vision

To make the Philippines the preferred retirement destination in Southeast Asia by 2022.

Mission

To provide a globally competitive retirement program in the Philippines for foreign nationals and former Filipinos that will strengthen the socio-economic development of the country.

Core Values

In pursuit of the PRA’s Vision and Mission, the employees of the Philippine Retirement Authority bind themselves to develop and shape their actions in accordance with the following core values:

Execution

  • Service Excellence
  • Innovation
  • Teamwork
  • Integrity
  • Discipline
  • Good Governance
  • Social Responsibility

1. What Is It?

The Special Resident Retiree’s Visa (SRRV) is a special non-immigrant visa for foreign nationals who would like to make the Philippines their second home or investment destination.

2. Benefits

Indefinite stay with multiple-entry/exit privileges

Exemption from:

• Philippine Bureau of Immigration ACR-I Card (Annual Report)

• Customs duties & taxes for one time importation of household goods & personal effects worth up to US$7,000.00 Tax from pensions & annuities

• Travel Tax, if retiree has not stayed in the Philippines for more than 1 year from last date of entry

• Student Visa/Study Permit

Access to the Greet & Assist Program at selected Philippine airports

Free subscription to the PRA Newsletter

Discount privileges from PRA accredited Merchant Partners

Free assistance in transacting with other government agencies

Entitlement to PHILHEALTH benefits & privileges.

3. Options

For active/healthy retirees, who opt to maintain their SRRV deposit of US$20,000.00 in any of the PRA Accredited Banks.

For active/healthy retirees, who opt to use their SRRV deposit into active investment such as the purchase of condominium unit* or long term lease of house & lot. The SRRV deposit is as follows:

50 years old & above:

US$ 10,000.00 (with a pension)**                                                         

US$ 20,000.00 (without pension)

*The value of the property must at least be US$50,000.00

**Required pension of at least US$ 800 for single / US$1,000 for couple

For ailing retirees, 50 years old & above, who need/require medical/clinical care. A monthly pension of at least US$1,500.00, a health insurance policy accepted in the Philippines, and an SRRV deposit of US$10,000.00 are required.

For former Filipinos, 50 years old & above. For foreign nationals, 50 years old & above, who are retired officers of International Organizations recognized by the Department of Foreign Affairs (DFA). An SRRV deposit of US$1,500.00 is required.

For foreign nationals, 50 years old & above, who are retired Armed Force officers of foreign countries with existing military ties and/or agreement with the Philippine Government. A monthly pension of at least US$1,000.00 and an SRRV deposit of US$1,500.00 are required.

The SRRV deposit includes the principal applicant and 2 dependents. Additional dependent, entails an additional SRR Visa deposit of US$15,000 each (except for former Filipinos). CHILDREN must be legitimate or legally adopted by the Principal Retiree, unmarried and below 21 years old upon joining the program.

4. Do you qualify?

PRINCIPAL APPLICANTS Must be foreign nationals (expats) or former Filipino citizens who are at least 50 years old. DEPENDENT SPOUSE must be legally married to the Principal Applicant. CHILDREN must be legitimate or legally adopted by the Principal Applicant, unmarried and below 21 years old upon joining the program.

Basic Requirements

  1. Original valid Passport with valid /updated Temporary Visitor’s Visa
  2. Completed PRA Application Form
  3. Original valid Medical Clearance
  4. Original valid Police Clearance from country of origin, and an additional NBI Clearance, if applicant has stayed in the Philippines for over 30 days from last date of entry
  5. Photos (8 pieces, 2″x2″)
  6. SRRV deposit that is inwardly remitted
  7. Marriage Certificate for joining dependent spouse
  8. Birth Certificate for joining dependent-child.

Fees

Processing/Service (one-time payment)

US$1,400.00 Principal applicant

US$ 300.00 Dependent applicant

Annual Fee

US$360.00 (for the Principal & 2 dependents)

NOTE! As of August 2023 the Annual Fee can be paid up to 2 years in advance to reduce admin/PRA office visits. Please Read: 3 Easy steps to renew your SRRV

Noteworthy

Additional requirements may be requested depending on the SRRV Visa Option to be chosen by the SRRV applicant. The Medical and Police Clearances are valid up to 6 months from date of issuance. All documents issued outside of the Philippines must be translated in English (if necessary) and authenticated by the Philippine Embassy/Consular Office nearest the applicant’s residence.

5. Accredited PRA banks

Bank of Commerce Philippines

Bank of Commerce

Contact Person: Mr. Peter M. Co
Contact Number: +632-8-840-3261
+632-8-982-6000 loc.7801

Accredited Branches: ALL

BDO Bank Philippines

BDO Unibank Inc.

Contact Person: Kimberly Inumerable
Theresa Capati
Contact Number: +63-2-811-5938
+63-2-811-5937
+63-2-811-5939

Accredited Branches:

PACIFIC STAR – MAKATI
G/F Pacific Star Bldg.,
Sen. Gil Puyat Avenue cor. Makati Avenue
Makati City

CEBU – ASIATOWN IT PARK
G/F TGU Tower,
Salinas Drive cor. J.M. Del Mar St.,
Asiatown IT Park, Apas,
Cebu City

Development Bank of the Philippines Philippines

Development Bank of the Philippines

Intermediary/Correspondent Bank Option 1: 
JP Morgan Chase Bank, NY 
Swift Code: CHASUS33 

Intermediary/Correspondent Bank Option 2: 
Citibank NA, NY 
Swift Code: CITIUS33 

Beneficiary Bank and Address: Development Bank of the Philippines 
Makati Ave., corner Sen. Gil Puyat Ave., 
Makati City, Philippines 

Swift Address: DBPHPHMM 

Beneficiary Name and Address: Philippine Retirement Authority 
29th Floor, Citibank Tower, 8741 Paseo de Roxas, 
Makati City, Philippines 

Account No. : 0405-027438-100 

Remittance Purpose: PRA SRRV Deposit of (FULL NAME OF RETIREE-as shown on passport bio-page and DATE OF BIRTH) 

*Include at least US$50 to cover bank charges. Any amount received in excess of the required visa deposit shall be credited to the retiree-applicant’s account.

KEB Hana Bank Philippines

KEB Hana Bank (Formerly Korea Exchange Bank)

Contact Person: Ms. Cres Agbisit
Contact Number: 848-1988 loc 102

PNB Philippine National Bank

Philippine National Bank

Contact Person: Ms. Sheena Pascual
Contact Number: +63-2-816-3311 loc 3358

Accredited Branches: ALL

Shinhan Bank Philippines

Shinhan Bank

Contact Person: Josefino A. Velasco 
Contact Number: 8405-6330

Union Bank Philippines

Union Bank

Contact Person: Mr. Jeff Bartoloso 
Contact Number: +63-2-667-6388 loc. 8670 

Accredited Branches: ALL

6. PRA Merchant Partners

Name of Partner : CARE ONE OF SILANG
Address : Blk. 9 Lot 4 Barangay Sabutan Silang, Cavite
Category : Nursing Home
Contact Representative : Ms. Theresa S. Ilasin
Contact Details : 046) 840-2670 / 0929-175-3230
Email Address : matheresaysanchez@yahoo.com / careoneof silang@yahoo.com

BACKGROUND

CARE ONE OF SILANG is a nursing home with a combination of residential and housing personalized support services and healthcare. Their mission is to create a compassionate and comfortable environment for each resident entrusted to their care while their vsion is to become the preferred provider in their area. They are committed to serve all the residents under their care to improve their lives through clinical excellence and extra ordinary service. They tailor their services to suit the residents exceptional care requirements. They provide high-end home care services. The nursing home is backed by a pool of experienced and qualified support workers who are committed to provide quality service.

Assisted Living

Private Room: Php80,000.00
Semi-Private: Php70,000.00
Ward: Php60,000.00

Care Level 1

Private Room: Php90,500.00
Semi-Private: Php78,500.00
Ward: Php65,500.00

Care Level 2

Private Room: Php100,500.00
Semi-Private: Php88,500.00
Ward: Php75,500.00

CARE ONE OF SILANG offers the following products / services with discounts and / or privileges:

Discounts/Privileges

  • Dental Check-up (Free)
  •  50% Discounts on their prices

Products/Services Offered

  • Affiliations with nearby Hospital
  • Palliative Care;
  • Adult Day Care;
  • Respite Care;
  •  Occupational & Physical Therapy including Medical & Dental;
  • Therapeutic Arts & Enrichment Programs including art, music and dance therapy.

Name of Partner : COCONEER RESORT (Muramoto Subic Philippines Corporation)

Address : Block C Subic Commercial & Light Industrial Park, CBD Subic Bay Freeport Zone, Zambales
Category : Hotel Accommodation
Contact Representative : Ms. Jennifer Karen A. Adlawan Ms. R Bhina B. Taniana
Contact Details : 0916-519-9149 / (045) 499-0920 Email Address : ingkay916@yahoo.com
Website : www.coconeersubic.com

COCONEER RESORT is situated inside the Subic Bay Freeport Business District, the hotel caters mostly to businessmen and tourists. It is proximate to the Freeport’s active nightlife, exciting outdoor sports and adventure places, and shopping centers. The prices are competitive and guests are served with outstanding customer service by their accommodating staff and with all-new modern facilities.

COCONEER RESORT offers the following: Exclusive offers only on their website – Guaranteed Lowest Rate Instant Confirmation Online Secured payment processing Free support before and after booking Room Types: Studio Two-Bedroom Loft Suite (4-Bedroom) Facilities and Services: 24-Hour Front Desk, Air Conditioning, Complimentary breakfast, Hair Dryer, Non-Smoking Rooms, Tea and Coffee making facilities. Free Wi-fi in all areas of the hotel. Free Parking. Restaurant is now open for breakfast and lunch.

COCONEER RESORT offers A 20% DISCOUNT To PRA Members/ SRRV holders.

Name of Partner : FIRST LINE HEALTHCARE DIAGNOSTICS CENTER
Address : Kontiki Bldg. TL Plaza, 191 McArthur Highway, Brgy. Pulungbulu, Angeles City, Pampanga
Category: Medical Diagnostics Clinic
Contact Representative : DR. KEVIN EDWARD K. MANANSALA
Contact Details: 0967-3475007/ 0999-1907267
Email Address infofirstline2021@gmail.com
Website: www.firstlinehealthcareph.com

FIRST LINE HEALTHCARE DIAGNOSTICS CENTER represented by its President/CEO, Domingo Martin Q. De Guzman, incorporated and duly registered with the Securities and Exchange Commission under SEC Reg. No. CS2021060015613-02 as approved in June 03, 2021. It is a provider of accessible, accurate and affordable healthcare services. Their team is composed of experienced and client-oriented professionals in medical laboratory science, radiologic technology, nursing, medicine and customer relations.

FIRST LINE HEALTHCARE DIAGNOSTICS CENTER offers the following products / services with discounts and / or privileges:

Discounts/Privileges

  • 15% Discount on Diagnostic Examination
  • 15% Discount on Imaging Services
  • Priority during their scheduled appointment
  • Free Complete Blood Chemistry (Panel 5) Annually

Products/Services Offered

  • Diagnostics Examination (Laboratory)
  • Imaging Services (X-ray and Ultrasound)
  • Psychological Consultancy
  • Aesthetics and Wellness
  • Doctor’s Consultation

Name of Partner: HEALTH CUBE MEDICAL CLINICS   
Address: G/F High Pointe Medical Hub Shaw Blvd. cor. M. Yulo St.  Brgy. Bagong Silang, Mandaluyong City  
Category: Medical Diagnostics Clinic
Contact Representative : Ms. Diana Christine M. Pancho
Contact Details: (02) 8216-7591; 0917-707 8861
Email Address : shaw@healthcube.com.ph / d.pancho@healthcube.com.ph
Website: www.healthcube.com.ph

HEALTH CUBE MEDICAL CLINICS was created by a group of medical specialists as a small clinic back in Wilson Street, San Juan City in 2006. It has grown to cater to more patients all around the metro as it moved to its new home at the Promenade of Greenhills Shopping Center. It offers a variety of services ranging from laboratory, imaging, cardiovascular services, an endoscopy unit, and is PhilHealth accredited as an Ambulatory Surgical Unit. The Clinic is home by expert and skilled physicians. Comprises of Internal Medicine specialists which range from Cardiology, Endocrinology, Gastroenterology, Neurology and others. Also, it has a team of Surgeons, OB-Gyn, Ophthalmologists, Nutrition Medicine specialists. The Clinic also provides physical and occupational therapy services in its Wilson branch with its wide range of Rehabilitation Medicine facilities.  The Clinic continues to expand its operations to the Health Cube Advanced Medical Imaging Unit which will house a state-of-the-art 128-slice CT Scan and Health Cube’s Women’s Health Center which includes Bone Densitometry and the country’s first out-patient 3D Mammogram with Tomosynthesis. 

Discounts/Privileges

a. With access to all Clinics; Greenhills, Shaw and Alabang

b.Fixed fee of Php 300.00 for consults with In-house Doctor/FM.

c. Fixed fee of Php 500.00 for consults with specialist except Neurologists Dental Specialists and Psychiatrists. 

d. 10% discount on laboratory/diagnostics/ancillary services excluding procedure with laboratory send out and discounted packages.

Products/Services

PRA Executive Check-up Package- Php 7,500.00 
Complete Blood Count w/Platelet Count 
Routine Urinalysis 
Routine Fecalysis 
Fasting Blood Sugar 
BUN 
Creatinine 
BUA 
Lipid Profile 
ALT (SGPT) 
AST (SGOT) 
Thyroid Stimulating Hormone Levels (TSH) 
Hepatitis B Surface Antibody (Anti-HBs) 
Hepatitis B Surface Antigen (HBsAg) 
VDRL 
Chest X-Ray (PA) 
Whole Abdomen Ultrasound 
12-Lead Electrocardiogram (ECG/EKG) 
Treadmill Stress Test 
Pulmonary Function Test 

Rehab Basic Package- Php 900.00
(Available in Shaw only) 
Electrical Nerve Stimulation (ENS) 
Pack, Cold or Hot Moist (CP or HMP) 
Ultrasound (US) 
Manual Therapy 
Gentle Passive Stretch (GPS) 
Joint Mobilization 
Myofascial Release (MFR) 
Proprioceptive Neuromuscular Fascilitation (PNF) 
Spinal Modulation 
Strengthening and Conditioning Stretch 
Home Exercises 
Patient Education  

Healthy Heart Package- Php 3,600.00 
Lipid Profile 
Electrocardiogram (ECG/EKG) 
2D-Echocardiogram 

Name of Partner : JILL SANTOS-CUA & CO., CPA’s 
Addresses:
: (TAGUIG OFFICE) Unit 2202 Tower 1, Highstreet South Corporate Plaza, 9th-26th St, BGC, Taguig City 
 :(MAKATI OFFICE) G/F Rock Fort Makati 3177 Kalayaan Ave.EDSA 1210 Makati City / Contact #: (02) 8833-7954 
: (CEBU OFFICE) 201 Manros Plaza, General Maxilom Ave. 6000 Cebu City / Contact #: (032) 239-6776 
: (DAVAO OFFICE) G/F Aleevia Carter Bldg. 276A Bonifacio-Aurora Sts. 8000 Davao City / Contact #: (082) 300-5509 
: (CDO OFFICE) Ruby Appliance Building, Tiano-Mabini Streets, 9000 Cagayan De Oro City / Contact #: (08282) 735-836 

Category : Accounting/Legal Services 
Contact Representative : Ms. Gladys Jill Santos-Cua 
Contact Details : 0917-3204580 / +632 88337954 
Email Addressinfo@jsccpas.com / jillcua@gmail.com 
Website : www.jsccpas.com 

JILL SANTOS-CUA & CO., CPA’s is a general professional partnership firm with offices in Makati, Cebu, Davao and Cagayan De Oro cities. It employs more than 60 professionals of various disciplines. It services include bookkeeping, accounting, compilation, audits, business consulting, payroll outsourcing, regulatory reportorial compliances, due diligence, tax planning and review, staff outsourcing, estate wealth planning, real estate brokering & appraisal and others. 

The firm was granted accreditations with the following instituitions: Board of Accountancy (BOA), Bureau of Internal Revenue (BIR), Bangko Sentral ng Pilipinas (BSP), Cooperative Development Authority (CDA), Energy Regulatory Commission (ERC), National Electrification Administration (NEA), Securities and Exchange Commission (SEC), and Insurance Commission (IC) – pending certificate of training with HAP, the Firm was conferred with the Seal of Excellence being awarded as the Best Accounting and Auditing Firm by Global Awards for Marketing and Business Excellence.  IC & Partners, a globally acclaimed firm with presence among others in USA, Europe, Russia, India, and Asia, has affiliated the Firm as its correspondence firm in the Philippines starting 2017. 

JILL SANTOS-CUA & CO., CPA’s offers the following products / services with discounts and / or privileges:

Discounts/Privileges

10% Off privilege from standard professional fee for PRA clients

Products/Services Offered

  1. Audit and assurance services;
  2. Internal audit and risk advisory services;
  3. Tax advisory and compliance services;
  4. Accounting and outsourcing services;
  5. Corporate set-up compliance services;
  6. BOI registration advisory and compliance services;
  7. Audit and consultancy on ISO certifications; and
  8. Forensic auditing.

Name of Partner: SACRED HEART DIAGNOSTIC MEDICAL CENTER INC.
Address: 2/F Maga Centre Bldg. Paseo De Magallanes, Makati City
Category: Diagnotic Medical Clinic
Contact Representative: Dr. Luzviminda S. Jose
Contact Details: (02) 855-0633 / (02) 852-0429 / 0998-9984 802
Email Address: clinic.sacredheart@gmail.com
Website : www.sacredheart.ph

Sacred Heart Diagnostic Medical Center is a provider of diagnostic medical clinic committed to delivering affordable, accurate, complete medical examinations to its clients speedily, and without sacrificing quality.  It has been awarded as the Sole Medical Retainership (2002-2006) given by United Kingdom Dept. of Health and POEA and received the Most Outstanding Small Business Enterprise in Makati City, Service Category on year 2005. 

Services:

  1. Audiometry
  2. Consultation / Treatment / Vaccination
  3. Dental Services
  4. Drug Testing
  5. ECG / Treadmill Stress Test / Brachial Artery Test
  6. Laboratory Tests (Complete / Automated)
  7. Optical
  8. Pre-Employment Medical Examination (Local & Overseas)
  9. Psychological Testing
  10. Ultrasound / X-Ray (all procedures)

Clinic Equipment:

  1. Laboratory – Fully automated hematology, chemistry, immunology machines with back-up refloton (chemistry) / Drug test equipment / HIV Equipment / Alcohol Detector / Complete lab equipment
  2. Radiology – GE X-ray Machine 300 MA / automatic Film Processor / 2 Negatoscope / Ultrasound Machine
  3. Audiometry – Audiometer AD 229B (Puretone and Speech) / Earphones
  4. Opthalmologic – Snellen’s / Jaeger’ / Chart Projector
  5. Dental – Fully motorized two (2) dental chairs / Autoclave Machine / Light Cure Machines (2) / X-ray Machine apparatus.

Privileges

15% PRA/SRRV Holders Discount

Additional Services

Retirees Examination / Immigration Purposes
Laboratory Tests / Ultrasound / Executive Check-up / Treadmill
Dental (Prosthesis / Braces / Restoration / Porcelain / Extraction)
ECG / Immunization / Optical / Drug Test

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