Requirements 

1. Age 
35 years old & above

2. Visa Deposit 
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

3. 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 SRRVisa

4. Application Fees
US$ 1,400.00 for principal
 US$ 300.00 for each spouse /dependent
Note : One-time payment only

5. Monetary Obligation/s
US$ 360.00 Annual PRA Fee for principal, spouse and (1) child upon enrollment 
and every year thereafter.
US$ 100.00 for each dependent in excess of two (2)

6. Depository Bank
Development Bank of the Philippines (DBP)
Bank account name : PRA

7. DOCUMENTARY REQUIREMENTS 
1) Duly accomplished SRRV Application Form
2) Original Passport with Valid Entry Visa
3) Medical Examination Clearance
4) Police Clearance and National Bureau of Investigation (NBI) Clearance 
(except for dependent-children below 18 years of age)
Police Clearance ONLY (from the applicant’s country of origin), for retiree- 
applicants whose stay in the Philippines is thirty (30) days or less from the 
date of last entry
National Bureau of Investigation (NBI) Clearance for retiree-applicants whose 
stay in the Philippines more than thirty (30) days from the date of last entry
Note : If cannot submit Police Clearance, submit Affidavit of Undertaking
5) 2”x2” ID Pictures (16) pieces
6) Marriage Contract ( If you have dependants)
(Below are alternative requirements in lieu of the Marriage Contract)
★Family Register / Domicile (for Koreans and Japanese)
★Household Register (for Taiwanese)
★Certificate of Relationship (P.R.O.C Chinese)
★Koseki Tohon (for Japanese)
★Birth Certificate for minor child
Note : If one applicant/principal only, NO NEED
7) Proof of Dollar Remittance to Development Bank of the Philippines (DBP)
8) DBP Certificate of Retiree’s Bank Deposit
9) Original tourist I-Card (if the retiree-applicants stayed in the Philippines
more than (59) days
10) Health insurance Policy
11) Pension Documents