SRRV Retirement Visa Philippines — Complete Guide 2026
The Special Resident Retiree's Visa (SRRV) offers foreign nationals and former Filipinos the right to live permanently in the Philippines with multiple entry privileges. Administered by the Philippine Retirement Authority (PRA), it is one of the easiest retirement visa programmes in Southeast Asia.
Major Update (September 2025): The Philippine Retirement Authority (PRA) has restructured the SRRV programme. The SRRV Smile and SRRV Human Touch categories have been abolished. The minimum age has been raised to 40 years old. The application fee is now USD 1,500. Only SRRV Classic and SRRV Courtesy remain available. See updated details below.
SRRV Types
| Type | Age | Deposit (USD) | Key Feature | Status |
|---|---|---|---|---|
| SRRV Classic (Pensioner) | 40+ | USD 25,000 (40-49) / USD 15,000 (50+) | For retirees with pension ≥$800/mo (single) or ≥$1,000/mo (couple). Deposit can be converted to investment. | Active |
| SRRV Classic (Non-Pensioner) | 40+ | USD 50,000 (40-49) / USD 15,000 (50+) | Self-funded retirees. Deposit can be converted to investment (property, condo). | Active |
| SRRV Courtesy | 40+ | USD 3,000-6,000 (40-49) / USD 1,500 (50+) | For former Filipino citizens, retired diplomats, and military retirees | Active |
| Abolished September 2025 by PRA restructure | Discontinued | |||
| Abolished September 2025 by PRA restructure | Discontinued | |||
SRRV Benefits
- Permanent residency in the Philippines
- Multiple entry and exit privileges
- Exemption from Bureau of Immigration exit clearance
- Tax-free importation of household goods (USD 7,000)
- Tax-free remittance of pension/annuity
- Discounts on certain goods and services
- Can open Philippine bank accounts
- Can enroll dependents in Philippine schools
Application Requirements
- Valid passport (at least 6 months validity)
- Medical clearance certificate
- NBI clearance or equivalent police clearance from country of origin
- 12 passport-size photos
- Proof of pension or retirement income (for SRRV Classic)
- Required bank deposit in a PRA-accredited bank
- Application fee: USD 1,500 (principal) + USD 300 per dependent
- Annual fee: USD 360
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SRRV Quick Facts
- Min age: 40 years (since Sep 2025)
- Min deposit: USD 1,500 (Courtesy)
- Application fee: USD 1,500
- Annual fee: USD 360
- Authority: PRA (pra.gov.ph)
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