1.  What are the benefits of having SRRV?

• Indefinite stay with multiple-entry/ exit privileges

• Free subscription to the PRA Newsletter

• Assistance in transacting with some government agencies:

  • Alien Employment Permit (AEP) from the Department of Labor and Employment (DOLE) in case of employment in the Philippines;

  • Driver's License from the Land Transportation Office (LTO);

  • Tax Exemption/Extension Certificate from the Department of Finance (DoF) in availing the tax importation of household goods and personal effects;

  • Tax Identification Number (TIN) from the Bureau of Internal Revenue (BIR) in case of setting-up a business in the country;

  • Clearance from the National Bureau of Investigation (NBI).

• Entitlement to PHILHEALTH benefits & privileges

• Discount privileges from PRA accredited Merchant Partners.  Click here for PRA's Merchant Partners. 

• Exemption from:

  • Student Visa/ Study Permit

  • Travel Tax, if retiree has not stayed in the Philippines for more than 1 year from last date of entry

  • Philippine Bureau of Immigration ACR-I Card (Annual Report)

  • Customs duties & taxes for one time importation of household goods & personal effects worth up to US$7,000.00 Tax from pensions & annuities

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2.  Does my visa deposit earn interest?

• ​Your visa deposit earns interest depending on which PRA-designated bank you chose.  Please take note that banks have different interest rates.

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3.  Is there a limit to my SRRV?

• ​The SRRV is for an indefinite stay in the Philippines.  It means you only have to make sure your SRRV is valid and that you regularly pay your membership fees.  The only way to lose your SRRV is for you to cancel it.

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