General program requirements

The Philippines SRRV offers four separate categories for qualification, each with its own requirements.

SRRV Smile
This category is for active and healthy retirees over 50 years old. All that’s needed to qualify under this category is a deposit of US$20,000 in a bank approved by the Philippine Retirement Authority (PRA).

SRRV Classic
This category is also for active and healthy retirees but who prefer to make an investment in for example a condominium or long-term lease hold rather than a simple capital deposit.

Applicants in this category must be 50 years or older and must first deposit either US$10,000 (if they can demonstrate a pension of at least US$800 for a single applicant or US$1,000 for a couple) or US$20,000 (without pension). The property purchased or leased long term must have a value of at least US$50,000.

The applicant may use the deposited funds for this residential investment following a three-month holding period.

SSRV Human Touch
This category is for “ailing retirees” of 50 years old or above who require medical/clinical care. Applicants in this category must demonstrate a monthly pension of at least US$1,500 and a health insurance policy accepted in the Philippines.

Additionally, they must deposit US$10,000 in a PRA-approved bank.

SSRV Courtesy
This category is for either 50-year-old-plus former Filipinos or foreigners who are retired officers of international organizations recognized by the Department of Foreign Affairs. Applicants in this category must make a deposit of US$1,500.

SRRV Expanded Courtesy
This category is for foreign nationals, 50 years old or above, who are retired Armed Forces officers of foreign countries with existing military ties or agreements with the Philippine government.

Applicants in this category must demonstrate a pension of at least US$1,000 and make a deposit of US$1,500. In this category, applicants may include a spouse and two other dependents.

Any additional dependents beyond the initial three requires an additional deposit of US$15,000 per dependent (unless they are former Filipinos). 

Program benefits

• No investment or donation requirement;
• Path to citizenship;
• Permits dual/multiple citizenship;
• Lower cost of living;
• Lower taxes;
• Warm climate;
• Enhanced business access to large economies;
• Short processing time

Requirements to qualify for citizenship

The initial retirement visa is valid for 2 years, and is renewable indefinitely. 

After two years of living in Brazil, however, the individual may apply for permanent residency.

Although not an explicit legal requirement, those wishing to qualify for permanent status are advised to spend at least 183 days a year physically in Brazil.

After 6 years (2 years as temporary resident, 4 years as permanent), the applicant is eligible to apply for Brazilian citizenship.

The ability to communicate in Portuguese is a requirement for citizenship in Brazil.

Applications for this program may be directed to:

Philippine Retirement Authority

Legislation upon which this program is based: