Special Resident Retiree's Visa
The Philippine Retirement Authority offers the SRRV Classic to principal applicants aged 40 and over. Deposits run from USD 15,000 to USD 50,000 depending on age and pension status, and the visa allows an indefinite stay with multiple entry.
Last checked 3 October 2026. Official source: Philippine Retirement Authority, SRRV requirements.
Requirements at a glance
| Stay per entry | Indefinite |
|---|---|
| Total validity | Indefinite while the deposit is maintained |
| Extendable | Not applicable — permanent while conditions hold |
| Entries | Multiple |
| Government fee | $1,500 — PRA processing fee for the principal applicant, payable in USD or the peso equivalent. A USD 360 annual fee also applies (principal plus two dependents) |
| Income required | None |
| Savings required | None |
| Deposit required | $15,000 — for applicants 50+ with a pension. Four tiers apply: 50+ with pension USD 15,000; 50+ without USD 30,000; aged 40–49 with pension USD 25,000; aged 40–49 without USD 50,000 |
| Minimum age | 40 |
| Health insurance | Not required |
| Processing time | Not published by PRA. Bank certification reaches PRA 3-5 banking days after remittance at a private bank, or 7-10 working days at DBP |
| Apply from | Through the Philippine Retirement Authority. PRA asks for the original passport with a valid tourist visa, and the deposit must be remitted from a bank abroad to a PRA-accredited bank |
Quick answers
- How long can I stay on the Philippines SRRV?
- Stay per entry: Indefinite. Total validity: Indefinite while the deposit is maintained. Extension: Not applicable — permanent while conditions hold.
- How much does the Philippines SRRV cost?
- The government fee on record is $1,500 (PRA processing fee for the principal applicant, payable in USD or the peso equivalent).
- What money do I need to show for the Philippines SRRV?
- The record lists a deposit of $15,000 (for applicants 50+ with a pension).
- Do I need health insurance for the Philippines SRRV?
- No rule makes you hold it.
- Where do I apply for the Philippines SRRV?
- Through the Philippine Retirement Authority. PRA asks for the original passport with a valid tourist visa, and the deposit must be remitted from a bank abroad to a PRA-accredited bank.
- Is there an age limit for the Philippines SRRV?
- The minimum age on record is 40.
What most guides get wrong about the SRRV
Each of these is a rule that changed, or a detail that is widely repeated incorrectly. Checked 3 October 2026.
You must be 50 to qualify for the SRRV.
PRA's current requirements page lists principal applicants aged 40 and above. Applicants aged 40–49 without a pension face the highest deposit tier at USD 50,000, but they are eligible, which older guidance says they are not.
Where it wins
- Indefinite residence with unrestricted entry and exit, and no re-entry permits or repeated extension fees.
- Open from age 40, ten years earlier than Thailand's O-A retirement visa.
- No health insurance requirement, in contrast to Thailand's O-A.
Where it doesn’t
- Capital is locked in a Philippine time deposit for as long as you hold the visa.
- An annual PRA fee of USD 360 for a principal plus two dependants applies for as long as you hold the visa.
- Each dependant beyond two adds a deposit of USD 15,000 and a higher annual fee.
Who cannot use this visa
- You are under 40 on the date of application.
Recent rule changes
- PRA's current requirements page lists principal applicants aged 40 and above.
What we previously got wrong on this page
Figures here are never silently edited. Anything we published and later corrected is shown below with its date.
depositRequirement.qualifierTwo deposit tiers: USD 15,000 for 50+ with a pension, rising to USD 50,000 for applicants aged 40-49 without one.
Four tiers: 50+ with pension USD 15,000; 50+ without USD 30,000; aged 40-49 with pension USD 25,000; aged 40-49 without USD 50,000.
The original figures came from a search-result summary rather than the source page, and collapsed four tiers into the two extremes. The eligibility tool consequently told a 50-plus applicant without a pension they needed USD 50,000 against an actual USD 30,000 — a USD 20,000 error on the precise question the tool exists to answer. Caught by fetching the live page during source verification.
governmentFee.qualifierUSD 1,500 application fee, plus USD 360 annually.
USD 1,500 one-time application fee for the principal applicant. The annual PRA fee is described by the source only as a few hundred dollars per year, so no figure is published.
The USD 360 annual figure could not be found on any page we fetched. Removed rather than kept on plausibility.
Where these figures come from
Every number above is transcribed from one of the sentences below. We publish the sentence rather than only the link, so you can check it in one click — and so a figure nobody transcribed from anywhere cannot reach this page.
“Visa Deposit 50 years old and above 40-49 years old Pensioner USD 15,000.00 USD 25,000.00 Non-Pensioner USD 30,000.00 USD 50,000.00”
Backs: depositRequirement.amount, depositRequirement.qualifier
“Qualified Applicants Principal/s 40 years old and above”
Backs: minimumAge
“PRA Processing Fee of USD 1,500.00 (or its equivalent amount in Peso)”
Backs: governmentFee.amount, governmentFee.qualifier
“Proof of lifetime pension of at least USD 800.00/month for single applicants and USD 1,000.00/month for applicants with dependents”
Backs:
“USD 360.00 Principal + 2 Dependents”
Backs:
“Multiple entry and indefinite stay”
Backs:
Sources for this page
Last checked 3 October 2026. Requirements are applied at the discretion of individual embassies and can change without notice. Confirm before you book anything.