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| REQUIREMENTS |
SRRV SMILE |
SRRV CLASSIC |
SRRV HUMAN TOUCH |
SRRV COURTESY |
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| 1. Age and Visa Deposit |
- 35 Years Old & Above - US$20,000.00
NOTE: Additional Visa deposit - US$15,000.00 per dependent in excess of two (2). |
- 35 - 49 Years Old - US$50,000.00
- 50 Years Old & Above:
- Without Pension - US$20,000.00
- With Pension - US$10,000.00
NOTE: Additional Visa deposit - US$15,000.00 per dependent in excess of two (2).
Show proof of monthly pension remitted to the Philippines (US$800.00 for single applicant and US$1,000.00 for married couples)*
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- 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 care and services.
Show proof of monthly pension remitted to the Philippines equal to at least US$1,500.00.
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- 35 Years Old and above for Former Filipino citizens = US$1,500.00
- 50 Years Old and above for Ambassadors / Retired Diplomats who served in the Philippines = US$1,500.00
NOTE: Additional Visa deposit - US$15,000.00 per dependent in excess of two (2) except for Former Filipinos.
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| 2. Convertibility of Deposits |
- LOCKED-IN in the bank.
- Inconvertible into investment.
- Intended for end of term needs and obligations of retiree.
- Withdrawable upon cancellation of SRR Visa.
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- May be converted into investments.
- Total amount of Investment 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, units must be Ready For Occupancy. |
- Same conditions prescribed under SMILE enrolment program.
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- May be converted into investments.
NOTE: For investment in condominium or long-term lease of House and Lot, units must be Ready For Occupancy. |
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| 3. Application Fees |
- US$1,400.00 for the Principal
- US$300.00 for each Spouse/Dependent
NOTE: One-time payment only. |
- US$1,400.00 for the Principal
- US$300.00 for each Spouse/Dependent
NOTE: One-time payment only. |
- US$1,400.00 for the Principal
- US$300.00 for each Spouse or Dependent
NOTE: One-time payment only. |
- US$1,400.00 for the Principal
- US$300.00 for each Spouse/Dependent
NOTE: One-time payment only. |
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| 4. Monetary Obligation/s |
- US$360.00 Annual PRA Fee (APF) for Principal, Spouse, and (1) Child upon enrollment and every year thereafter.
- US$100.00 for each dependent in excess of two (2).
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- US$360.00 Annual PRA Fee (APF) for Principal, Spouse, and (1) Child upon enrollment and every year thereafter.
- US$100.00 for each dependent in excess of two (2).
NOTE: Previous fees, i.e. Visitorial Fee, Harmonization Fee & Management Fee are deemed waived. |
- US$360.00 Annual PRA Fee (APF) upon enrollment and every year thereafter.
NOTE: To cover one (1) dependent only. |
1. US$10.00 Annual PRA Fee (APF).
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| 5. Depository Bank |
- PRA Designated Banks
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- PRA Designated Banks
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- PRA Designated Banks
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- PRA Designated Banks
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6. Bank Account Name
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1. PRA
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1. PRA
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1. PRA
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1. PRA
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| 7. Documentary Requirements |
- Duly accomplished SRRV Application Form.
- Original Passport with Valid Entry Visa
- Medical Examination Clearance
- Police Clearance and National Bureau of Investigation (NBI) Clearance
- ID Pictures - twelve (12) pieces of 2"x2"
- 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. |
- Duly accomplished SRRV Application Form.
- Original Passport with Valid Entry Visa
- Medical Examination Clearance
- Police Clearance and National Bureau of Investigation (NBI) Clearance
- ID Pictures - twelve (12) pieces of 2"x2"
- Additional Proof of Relationship for joining SPOUSE / CHILD.
- Pension Documents*
NOTE: All documents obtained / issued abroad must have an English translation and duly authenticated by the Philippine Embassy / Consular Office. |
- Duly accomplished SRRV Application Form.
- Original Passport with Valid Entry Visa
- Medical Examination Clearance
- Police Clearance and National Bureau of Investigation (NBI) Clearance
- ID Pictures - twelve (12) pieces of 2"x2"
- Health Insurance Policy
- Pension Documents
- 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. |
- Duly accomplished SRRV Application Form.
- Original Passport with Valid Entry Visa
- Medical Examination Clearance
- Police Clearance and National Bureau of Investigation (NBI) Clearance
- ID Pictures - twelve (12) pieces of 2"x2"
- 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. |
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| 8. Payor |
1. Principal Retiree or his Authorized Representative. |
1. Principal Retiree or his Authorized Representative. |
1. Principal Retiree or his Authorized Representative. |
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