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Philippines.

How Philippines sells residence for investors (golden visa): 2 residence programmes, 2 of them open today. Every number and rule below links to the document it comes from.

Residence ↓
2
residence programmes
2,662
numbers
160
prices and rules
26
events

16 documents and articles behind this page, listed at the bottom.

Residence

Sells the right to live in the country (a “golden visa”), sometimes leading to citizenship later. Philippines: 2 residence programmes, 2 of them open today; 2,662 numbers, 160 prices and rules. Every country's residence programmes

All the numbers, sources and downloads for Philippines in the data portal →

Special Investor's Resident Visa (SIRV)Residence
Status
Lowest price for one person
Last change
Retiree visa (SRRV)Residence

Does not lead to citizenship.

Status
Lowest price for one person
Investors approved, not counting family members
Investment by programme investors
Top nationalities
Last change
Residence·Open·since 1986

Special Investor's Resident Visa (SIRV)

Sells the right to live in the country (a “golden visa”), sometimes leading to citizenship later.

Lowest price for one person: US$75,000

US$75,000 in a listed company, IPP project or manufacturing/services; spouse and children under 21 included at the same amount. Validity dates not given in the source.

Notes from the research

Indefinite residence for foreigners aged 21+ who invest at least US$75,000 in a listed company, an Investment Priority Plan project, or manufacturing or services; issued by the Bureau of Immigration through the Board of Investments' One Stop SIRV Center. Legal basis usually given as Executive Order 226 (Omnibus Investments Code of 1987) and EO 63; not checked in the text of the orders here. No official counts found.

Prices and rules

Ways in that apply today (minimum amounts)
Fees today

What is measured

  • Processing time1
Residence·Open·since 1985

Retiree visa (SRRV)

Sells the right to live in the country (a “golden visa”), sometimes leading to citizenship later.

Citizenship. Does not lead to citizenship. (from the research notes below)

Official name: Special Resident Retiree's Visa (SRRV)

Lowest price for one person: US$15,000

Refundable visa deposit, not a spend. Lowest general amount under the August 2025 Expanded SRRV is US$15,000 for a retiree aged 50+ with a pension (US$800/month); without a pension US$30,000 (t-c53daef1de); aged 40-49 US$25,000/50,000. The Courtesy deposit of US$1,500 (t-1d9dbb7c12) is only for retired diplomats and similar, so not the main route.

Notes from the research

Permanent non-immigrant visa with indefinite stay for foreign retirees (and former Filipinos) who place a visa deposit with a PRA-accredited bank, run by the Philippine Retirement Authority (PRA), a government corporation created by Executive Order 1037 (4 July 1985; launch date is the day the order was signed, as the order itself and its effective date are not in the stored documents), placed under the Board of Investments in 2001 (EO 26) and attached to the Department of Tourism by the Tourism Act of 2009 (RA 9593). Options: SMILE (deposit kept in the bank), Classic (deposit can be converted into a condo purchase or long lease), Human Touch (ailing retirees), Courtesy (former Filipinos, retired diplomats). Deposits were cut in May 2006; since August 2025 the 'Expanded SRRV' sets minimum age 40 and deposits of US$15,000-50,000 depending on age and pension. The deposit is refunded when the retiree leaves the programme. No path to citizenship is part of the scheme.

Investors approved, not counting family members, per year
01k2k3k19901995200020052010201520202025

The line follows the official figure for each period; faint dots are other sources and earlier versions. No figure for 2018 to 2021, so the line breaks there.

Golden visas issued, per year
05k10k15k19901995200020052010201520202025

The line follows the official figure for each period; faint dots are other sources and earlier versions. No figure for 2020, so the line breaks there.

Valid investor-linked residence permits, all holders (stock), on a date
020k40k60k80k2014201620182020202220242026

The line follows the official figure for each date; faint dots are other sources and earlier versions.

Who buys

Golden visas issued, by nationality, per year
The 6 largest nationalities in recent years; 9 more are in the data but not drawn, so a bar is not a total. Each piece is one published number: click it for its source.
02k4k6k2012201720242025
ChinaUnited StatesSouth KoreaIndiaTaiwanJapan Official total, all groups

Prices and rules

Ways in that apply today (minimum amounts)
Fees today

What is measured

  • Investors approved, not counting family members410
  • Government spending on running a CBI programme326
  • Investor residence permits cancelled or terminated (all reasons)243
  • Investment by programme investors217
  • Golden visas issued200
  • Programme deposits held (stock)180
  • Programme deposits returned on exit173
  • Dependants approved165
  • CBI fees collected by the programme unit139
  • Valid investor-linked residence permits, all holders (stock)123
  • Net enrolment in an investor residence programme119
  • Net income of the programme agency84
  • and 21 more; see Explore below.
Gaps

What we know is missing

  • Special Investor's Resident Visa (SIRV): no yearly figures at all for applications or people let in or money raised.
  • Retiree visa (SRRV): no yearly figures at all for applications.
  • Retiree visa (SRRV), investors approved, not counting family members: no figure for 2018 to 2021.
  • Retiree visa (SRRV), golden visas issued: no figure for 2020.

A gap means no figure is in our data: either it was never published or we haven't found or read it yet. Charts leave gaps open rather than drawing across them.

Explore

All the numbers we have for Philippines

2,662 numbers about Philippines's residence programmes. Pick a programme and what you want to see. Each dot is one number from one document; click anything to open its source.

Timeline

What happened, and when

Sources

The 16 documents behind this page

The stories behind the numbers

Who buys passports and golden visas, what they cost, and what happens when governments change the rules. Written from this data, in the newsletter.

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