Philippine Retirement Visa
Every time
you enter the Philippines with your Filipina wife from other
countries such as Hong Kong, the USA, or any other foreign
nation, at the airport at the immigration entry desk, you simply
ask for a FREE "Balikbayan" [return to the nation] visa to be
stamped onto your passport. Your free balikbayan visa grants you
to stay in the Philippines for one whole year without any
additional fee whatsoever.
After one year, you would require to do the following:
1. Pay the necessary fees to Philippines Immigration to extend
the balikbayan visa
2. Re-enter the Philippines with your wife and ask for another
FREE balikbayan visa
3. Get a Resident Alien card
4. Get a retirement visa from the Philippine Retirement
Authority [explained below]
5. Get a Special Investor's Visa from the Board of Investments.
If you are going to the Philippines without your wife but you
are entering to join your wife who is already in the
Philippines, you should ask for a "Non-Quota Immigration Visa"
based on your marriage to Filipina citizens who is currently
living in the Philippines.
Philippine Retirement visa from the Philippine Retirement
Authority:
Executive Order No. 1037 dated July 4, 1985 created the
Philippine Retirement Authority (PRA). PRA is a government owned
and guided corporation under the Office of the President and
governed by a five-man Board of Trustees. PRA is assign
primarily to promote and expand the Philippines as a retirement
haven for foreigners, overseas and former Filipinos thereby
generating foreign exchange.
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