| 1. Age and Visa Deposit | 1.35 - 49 Years Old - US$50,000.00
2.50 Years old & above
-Without Pension - US$20,000.00
-With Pension - US$10,000.00*
Show proof of monthly pension remitted to the philippines (US$ 800 for single applicant & US$1,000.00 for married couples)*
Note: Additional deposit - US$15,000.00 per dependent in excess of two (2)
| 35 Years old & above - US$20,000.00
Note: Additional deposit US$15,000.00 per dependent in excess of two(2)
| 1.35 Years old and above for Former Filipino citizens.
2.50 Years old above for Ambassadors/Retired Diplomats - US$ 1,500.00
NOTE: Additional Visa Deposit - US$ 15,000.00 per dependent in excess of two (2) except for Former Filipinos. | 35 Years old & above - US$ 10,000.00
Note:
Retiree must:
Be shown to have a pre-existing condition(except contagious diseases) and in need of medical / clinical care services
Show proof of monthly pension remitted to the Philippines equal to at least US$ 1,500.00 |
| 2. Convertibility of Deposits | 1.May be converted into investments
2.Total amount of investments must be at least US$ 50,000.00 for conversion to be allowed
NOTE: For investment in condominium or long-term lease of house and lot, property must be
Ready For Occupancy. | LOCKED-IN in the bank
Inconvertible into investment
Intended for end of tem needs and obligation of retiree
Withdrawable upon cancellation of SRRVisa
| May be converted into investments.
NOTE: For investment in condominium or long-term lease of house and lot, property must be
Ready For Occupancy. | Same condition prescribed under SMILE enrollment program |
| 3. Application Fees | 1.US$ 1,400.00 for the Principal
2. US$ 300.00 for each Spouse/Child
Note: One-time payment only | 1.US$ 1,400.00 for the Principal
2. US$ 300.00 for each Spouse/Child
Note: One-time payment only | 1.US$ 1,400.00 for the Principal
2. US$ 300.00 for each Spouse/Child
Note: One-time payment only | 1.US$ 1,400.00 for the Principal
2. US$ 300.00 for each Spouse/Child
Note: One-time payment only |
| 4. Monetary Obligations | 1.US$ 360.00 PRA Annual Fee (PAF) upon enrollment and every (inclusive of Principal, and two (2) dependents)
2.US$ 100.00 for each dependent in excess of two (2) | 1.US$ 360.00 PRA Annual Fee (PAF) upon enrollment and every (inclusive of Principal, and two (2) dependents)
2.US$ 100.00 for each dependent in excess of two (2) | US$ 10.00 PRA Annual Fee (PAF) | US$ 360.00 PRA Annual Fee (PAF) upon enrollment and every (inclusive of Principal, and two (1) dependents) |
| 5. Depository Blank | PRA Designated Banks | PRA Designated Banks | PRA Designated Banks | PRA Designated Banks |
| 6. Documentary Requirements | 1. Duly accomplished SRRV Application Form
2.Original Passport with Valid Entry Visa
3.Medical Examination Clearance
4.Police Clearance(obtained from country of origin/last residence) & National Bureau of Investigation(NBI) Clearance
5.ID Picture-twelve(12) pieces 2" X 2'
6.Additional Proof of Relationship for joining SPOUSE/CHILD
NOTE: All documents obtained/issued abroad must have an English translation and duly authenticated by the Philippine Embassy/Consular Office. | 1. Duly accomplished SRRV Application Form
2.Original Passport with Valid Entry Visa
3.Medical Examination Clearance
4.Police Clearance(obtained from country of origin/last residence) & National Bureau of Investigation(NBI) Clearance
5.ID Picture-twelve(12) pieces 2" X 2'
6.Additional Proof of Relationship for joining SPOUSE/CHILD
7.Pension Documents
NOTE: All documents obtained/issued abroad must have an English translation and duly authenticated by the Philippine Embassy/Consular Office. | 1. Duly accomplished SRRV Application Form
2.Original Passport with Valid Entry Visa
3.Medical Examination Clearance
4.Police Clearance(obtained from country of origin/last residence) & National Bureau of Investigation(NBI) Clearance
5.ID Picture-twelve(12) pieces 2" X 2'
6.Additional Proof of Relationship for joining SPOUSE/CHILD
7.For former Filipinos, NSO - authenticated birth certificate
8.For ambassador/retired diplomat, Certificate of Employment
NOTE: All documents obtained/issued abroad must have an English translation and duly authenticated by the Philippine Embassy/Consular Office. | 1. Duly accomplished SRRV Application Form
2.Original Passport with Valid Entry Visa
3.Medical Examination Clearance
4.Police Clearance(obtained from country of origin/last residence) & National Bureau of Investigation(NBI) Clearance
5.ID Picture-twelve(12) pieces 2" X 2'
6.Additional Proof of Relationship for joining SPOUSE/CHILD
7.For former Filipinos, NSO - authenticated birth certificate
8.For ambassador/retired diplomat, Certificate of Employment
NOTE: All documents obtained/issued abroad must have an English translation and duly authenticated by the Philippine Embassy/Consular Office. |
