Retiring in Philippines: the visa situation
As of our last check, Philippines offers a dedicated retirement route: the SRRV (Special Resident Retiree's Visa).
The income requirement is on the low side, so a typical pension is more likely to clear it. The SRRV is deposit-based rather than income-based. SRRV Classic requires a bank deposit of USD 15,000 to USD 50,000 depending on age and pension status, with pensioners needing a lifetime pension of at least USD 800/month single or USD 1,000/month with dependents.
Issued by the Philippine Retirement Authority to applicants aged 40 and over, with lower-deposit SRRV Courtesy options for former Filipinos and qualifying groups. Deposit must arrive via inward remittance to a PRA-accredited bank.
Verified against pra.gov.ph, last checked 2026-07-03.
The verified fields
The SRRV is deposit-based rather than income-based. SRRV Classic requires a bank deposit of USD 15,000 to USD 50,000 depending on age and pension status, with pensioners needing a lifetime pension of at least USD 800/month single or USD 1,000/month with dependents.
Issued by the Philippine Retirement Authority to applicants aged 40 and over, with lower-deposit SRRV Courtesy options for former Filipinos and qualifying groups. Deposit must arrive via inward remittance to a PRA-accredited bank.
Before you act on this
Visa rules, income thresholds and processing practice change, sometimes with little notice. This page reflects what we could verify on the dates shown, nothing more. Always confirm the current requirements with the official immigration authority or a licensed immigration adviser before making plans, and treat the linked source as the authority, not us.
See how Philippines scores overall
The visa is one of six axes. RetireScore 74/100, ranked 20 of 40 countries on the default weights.