How Philippines sells residence for investors (golden visa): 2 programmes, 2 of them open today. Every number and rule below links to the document it comes from.
2,662
numbers
155
prices and rules
26
events
16
documents and articles
Residence·Open·since 1986
Special Investor's Resident Visa (SIRV)
Sells the right to live in the country (a “golden visa”), sometimes leading to citizenship later.
Lowest price for one person: US$75,000
US$75,000 in a listed company, IPP project or manufacturing/services; spouse and children under 21 included at the same amount. Validity dates not given in the source.
Notes from the research
Indefinite residence for foreigners aged 21+ who invest at least US$75,000 in a listed company, an Investment Priority Plan project, or manufacturing or services; issued by the Bureau of Immigration through the Board of Investments' One Stop SIRV Center. Legal basis usually given as Executive Order 226 (Omnibus Investments Code of 1987) and EO 63; not checked in the text of the orders here. No official counts found.
Prices and rules
Ways in that apply today (minimum amounts)
Fees today
What is measured
Processing time1
Residence·Open·since 1985
Retiree visa (SRRV)
Sells the right to live in the country (a “golden visa”), sometimes leading to citizenship later.
Official name: Special Resident Retiree's Visa (SRRV)
Lowest price for one person: US$15,000
Refundable visa deposit, not a spend. Lowest general amount under the August 2025 Expanded SRRV is US$15,000 for a retiree aged 50+ with a pension (US$800/month); without a pension US$30,000 (t-c53daef1de); aged 40-49 US$25,000/50,000. The Courtesy deposit of US$1,500 (t-1d9dbb7c12) is only for retired diplomats and similar, so not the main route.
Notes from the research
Permanent non-immigrant visa with indefinite stay for foreign retirees (and former Filipinos) who place a visa deposit with a PRA-accredited bank, run by the Philippine Retirement Authority (PRA), a government corporation created by Executive Order 1037 (4 July 1985; launch date is the day the order was signed, as the order itself and its effective date are not in the stored documents), placed under the Board of Investments in 2001 (EO 26) and attached to the Department of Tourism by the Tourism Act of 2009 (RA 9593). Options: SMILE (deposit kept in the bank), Classic (deposit can be converted into a condo purchase or long lease), Human Touch (ailing retirees), Courtesy (former Filipinos, retired diplomats). Deposits were cut in May 2006; since August 2025 the 'Expanded SRRV' sets minimum age 40 and deposits of US$15,000-50,000 depending on age and pension. The deposit is refunded when the retiree leaves the programme. No path to citizenship is part of the scheme.
Investment by programme investors
Prices and rules
Ways in that apply today (minimum amounts)
Fees today
What is measured
Investors approved, not counting family members410
Government spending on running a CBI programme326
Investor residence permits cancelled or terminated (all reasons)243
Investment by programme investors217
Golden visas issued200
Programme deposits held (stock)180
Programme deposits returned on exit173
Dependants approved165
CBI fees collected by the programme unit139
Valid investor-linked residence permits, all holders (stock)123
Net enrolment in an investor residence programme119
Net income of the programme agency84
CBI unit revenue64
Net programme deposits60
Licensed programme agents33
Money the programme handed to the government27
Staff working on a programme23
Qualifying investments made (count)14
Programme agency balance sheet11
Investor residence status retained11
Applications received9
Applicant share8
Share of applications by processing-time band6
Processing time3
Persons screened by the security service3
Losses of a CBI-financed fund2
Enquiries received by the programme2
Number of nationalities among applicants1
Applications turned down1
Programme cases meeting a stated condition (review of files)1
Members paying a residence scheme's annual fee1
Jobs created by programme investors1
Investor residence permits revoked1
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