9g Work Visa

Special Retiree Resident Visa (SRRV)

Agencies involved

Department of Labor and Employment (DOLE) and

Bureau of Immigration

Philippine Retirement Authority (PRA) and Bureau of

Immigration

Visa Validity

1 to 3 years (depends on the employment contract

and on the discretion of the DOLE); renewable
thereafter

Status of Visa Holder

Non-Immigrant
Multiple Entries
Non-resident (or can be regarded as resident in view
of employment here)

Non-Immigrant
Multiple Entries
Permanent Resident

For Employment

Yes.

No. Must secure an AEP from the DOLE should

holder wish to get employed.

Age Requirement

21 years old and above

35 years old and above

Nationality
Requirement

Any

Any

Deposit / Investment
Requirement

None

Depends on the program applying for (ranges from

USD10,000 to USD50,000)

Indefinite unless revoked

Convertability of
Deposit

N/A

Visa Inclusion of
Dependents

Yes. (Only spouse and/or unmarried children under

21 years of age)

Monetary Obligation/s

Annual ACR Report Fee (P310.00) per visa holder;

ECC/SRC Fees every departure

Other noteworthy
requirements

Corporate Documents of Petitioner-Employer;

Employment Contract

(dependent children will cease to enjoy the privilege

of the visa once they reach the age of 21 years old or
once they get married)

Depends on the program applying for. If program

allows conversion, deposit can be use to purchase
condo, invest in proprietary membership shares in
golf clubs or pay for leasehold rights on a property
and construction of a residential unit thereon,
provided investment must amount to at least
USD50,000.
Yes. No additional deposit for max of 2 dependents.
(Only spouse and/or unmarried children under 21
years of age)
Annual Fee of USD360 except if under SRRV
Courtesy program: pay only USD10;
Annual Fee of USD100 for each dependent in excess
of two
Pension documents for applications under SRRV
Classic and SRRV Human Touch programs

Other Benefits

None

1. Exemption from Customs Duties and taxes for the

importation of personal effects up to USD7,000
2. Exemption from Exit Clearance and re-entry
permits, annual registration and ACR I-Card
requirements of the Bureau of Immigration
3. 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
4. Interest on the foreign currency deposit is tax-free
and payable to retiree in Philippine Pesos
5. Foreign currency time deposit can be converted
into Philippine Pesos deposit, but interest is subject to
withholding tax
6. Pension, annuities remitted to the Philippines are
tax-free
7. Guaranteed repatriation of the requisites deposit
including invested profits, capital gains and dividends
accrued from investments, upon compliance with
Bangko Sentral rules and regulations
8. Exemption from securing Special Study Permit for
the dependent/s
9. Exemption from securing work permit