The Responsibility & Authority to grant such Permanent Resident Status is hereby delegated to the Cagayan Economic Zone Authority referred to in Section 5 of this Act. Chanrobles virtual Law Library.
Foreign or Investors under REPUBLIC ACT NO. 7922 have follow benefits:
- Spouse, Dependents, and unmarried Children below the age of twenty-one (21) years, They have freedom of Ingress and Egress to and from the Zone without need of any Special Authorization from the Bureau of Immigration.