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Retirement Visa Philippines – Professional Guidance is Vital

Author: James Marshall
by James Marshall
Posted: Sep 03, 2019

The Philippines has already become a favorite retirement spot, and many people across the globe choose the country for their retirement period. The best option for entering the country as a retiree is to apply for the SRRV. The process of getting this visa will become easy when you take the assistance of a specialized visa service provider. Special Resident Retiree’s Visa (SRRV) is a non-immigrant by which the government of the Philippines intends to promote the country as an internationally favored place for spending the retirement time. The government also aims to attract foreign exchange. Because of these reasons, the holder is entitled to get various benefits. SRRV gives the right to the holders to live in the country, with multiple-entry rights, as long as he or she wishes so; however, there is a stipulation that the individual manages to keep the obligatory investment intact. Hence, for all practical matters, it is a life-time visa.

Retirement Visa Philippines – The Main Benefits

  1. The holder of SRRV is entitled to stay permanently in the Philippines. He or she can live, retire, and also make investments, let it be financial or property, in the country.
  2. The applicant for the SRRV (retirement visa Philippines) will get individual assistance in acquiring the various documents from the various governmental agencies. These include AEP (Alien Employment Permit), the driving license, the tax exemption or extension certificates, the tax identification number, etc.
  3. One can travel to other countries and can re-enter the Philippines at one’s convenience.
  4. The holder of this visa will have an exemption from the exit clearance and the re-entry permits.
  5. There will be no need for annual registration.
  6. An SRRV holder can import personal and household goods to a maximum of US$7,000.00.
  7. There will be an exemption as regards the travel tax, on one condition that the stay in the country is 1year or less from the previous entry date.
  8. Another benefit of SRRV is the special study permit.
  9. The holder will be entitled to get the tax-free release of pensions or the other types of allowances.
  10. Definite repatriation of the mandatory time deposit is an added benefit that a retirement visa Philippines holder will get.

Get in touch with an Experienced Agency for Flawless Documentation

The process of applying for SRRV entails a lot of documentation works, and each of these papers must be perfect and authentic. The embassy officials will peruse the submitted documents, and if there are flaws in the documentation, they will return the file. The applicant will have to resubmit the papers once again with the needed corrections. The result will be a time delay in getting the visa, which will not be comfortable to the applicant. Hence, it is always wise to take the help of immigration and visa service providers. However, it is of high significance that one should approach an experienced agency. Besides, the agency must be reliable and affordable. The agency must not bill you overly.

Olvis Immigration and Travel is one of the leading visa processing companies in the USA and the Philippines offering services such as fiancée K1 visa, IR1 visa, CR1 spousal visa, tourist visa and special resident retiree’s visa (SRRV). To know more, visit https://www.olvis.com/about-us/why-choose-us/.

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I'm an freelance copywriter and I write on a variety of topics.

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Author: James Marshall

James Marshall

Member since: Oct 11, 2016
Published articles: 9

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