Update at the Philippine Retirement Authority

Posted in Visa

The Principal Retiree must be at least 35 years old to enjoy SRRV privileges. Here are the general Requirements for different SRRV options, updated at June 2015:

SRRV SMILE – for active / healthy principal Retirees 35 year old and above who would just like to maintain their Visa Deposit of $20,000 in any of the PRA designated Banks.

SRRV CLASSIC – for active / healthy principal Retirees who would opt to use their Visa Deposit of $10,000 or $20,000 (50 years old & above) or $50,000.00 (35 to 49 years old) to purchase Condominium units or use for long term lease of House and Lot.

SRRV COURTESY – for former Filipinos (35 years old & above), and Foreign nationals (50 years old & above) who have served in the Philippines as Diplomats, Ambassadors, Officers/Staff of International Organizations. The Visa Deposit is $1,500.

SRRV HUMAN TOUCH – for ailing principal Retirees, (35 years old and above), who are shown to have medical/clinical Needs and Services. Under this option, the Retiree only needs to have a Visa Deposit of $10,000, a monthly pension of at least $1,500 and a Health Insurance Policy.