Is there a required medical examination for SRRV applicants

 Can SRRV holders sponsor other foreigners for a visa

No, SRRV holders cannot directly sponsor other foreigners for residency or tourist visas. Only Philippine citizens, permanent residents, or entities recognized by the Bureau of Immigration can serve as official sponsors for other foreign nationals.

Can SRRV dependents work or study in the Philippines
Yes, dependents under the SRRV can study at any Philippine educational institution without applying for a separate student visa. However, if they wish to work, they must apply for an Alien Employment Permit (AEP) from the Department of Labor and Employment.

What currency is accepted for the SRRV deposit
The SRRV deposit must be made in US dollars and placed in a PRA-designated bank such as the Development Bank of the Philippines (DBP) or Land Bank of the Philippines. Converting from other currencies is possible but must be done before deposit.

Can SRRV holders participate in local community organizations
Yes, SRRV holders are welcome to participate in local community, charitable, or social organizations, as long as their activities do not involve partisan politics or activities restricted to Philippine citizens.

Can I convert my tourist visa to an SRRV without leaving the Philippines
Yes, foreigners already in the Philippines under a valid tourist visa can directly convert to an SRRV. The PRA will coordinate with the Bureau of Immigration to cancel the tourist visa once the SRRV is approved.

What happens to my SRRV if I get divorced from my Filipino spouse
If the Filipino spouse was listed as a dependent, the principal SRRV holder keeps the visa. However, if the Filipino spouse was the principal holder, the foreign spouse may lose eligibility and need to apply as a new principal under a different SRRV category.

Is there a required medical examination for SRRV applicants
Yes, all SRRV applicants must undergo a medical examination at a PRA-accredited clinic or hospital to ensure they are physically fit to retire and reside in the Philippines. The medical certificate is a required document for visa approval.

Can SRRV holders apply for loans or mortgages in the Philippines
Yes, SRRV holders can apply for loans or mortgages with banks and financial institutions in the Philippines, subject to individual bank policies. Some institutions may require proof of income or investment in the country.

Are SRRV holders required to update their visa information regularly
SRRV holders must update their records annually with the PRA and pay the annual maintenance fee. This ensures their data remains current and their visa privileges stay active.

Can SRRV holders invest in Philippine stocks or businesses
Yes, SRRV holders are permitted to invest in publicly listed Philippine companies, joint ventures, or small businesses, as long as they comply with foreign ownership restrictions and relevant business laws.

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