SIRV Investor Visa

The Special Investor's Resident Visa (SIRV) allows foreign investors to reside indefinitely in the Philippines by investing at least $75,000 in qualifying economic activities. Administered by the Board of Investments (BOI), eligible investments include publicly-listed companies and firms in manufacturing/services sectors listed in the Investment Priorities Plan. Real estate and trading companies are excluded. Applicants must be 21+, deposit funds in a BOI-accredited bank (DBP), then convert to qualifying investments. Initially a 6-month probationary SIRV is issued, converting to indefinite status after investment verification. Benefits include indefinite residence, duty-free import of household goods, and exemption from exit clearance requirements. Annual reports to BOI are required. Spouse and unmarried children under 21 can be included.

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Processing Time

Several months (probationary visa first)

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Cost

$300 application fee + $2,000 PHP per SIRV ID card

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Duration

Indefinite, as long as investment maintained

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Work Rights

Can manage own investment business