Philippine Residence Permit by Investment: The Philippine Permanent Resident Program (FIV) is attracting interest from foreigners
Table of contents
- Benefits of the FIV program in the Philippines
- What is an FIV Visa for the Philippines?
- Features of the FIV permit in the Philippines
- Investor Visa Requirements for FIV Visa in the Philippines
- How do I apply for a FIV Investor Visa to the Philippines?
- How much does the FIV program cost?
- Who has already applied for Philippine citizenship by investment?
- Why the Philippines?
The Philippine Permanent Residence by Investment (FIV) program is recognized as one of the most popular in the world, with more than 200 people joining it in just one month. Learn about the benefits of moving to the Philippines and how to become a member of the program
Recently, the Philippine government launched a program to obtain permanent residence by investment, which has generated considerable interest among travelers. Only during the first month of operation, 200 people applied for participation in the FIV program.
The benefits of the FIV program and the procedure for obtaining a permanent residence permit are discussed later in this article.
Benefits of the FIV program in the Philippines
The Philippine FIV program offers several features that make it stand out as an ideal program:
- Simplified application process.
- Fast application processing – the average time for preparing and submitting an application for FIV is less than 1 month. The approximate time for approval of your visa is only one week.
- Low investment threshold (fixed deposit of USD 75,000).
- Ability to include family members without additional investments.
- There are no minimum stay requirements.
- Absence of requirements for the mandatory purchase of real estate.
- Freedom to live, work or study anywhere in the Philippines.
- Path to naturalization and dual citizenship.
What is an FIV Visa for the Philippines?
The FIV Investor Visa is an investment-based permanent residence program in the Philippines. It allows visa holders to obtain permanent resident status immediately upon approval. At the next stage, the applicant can apply for citizenship of the country by fulfilling the current requirements for naturalization.
Importantly! The Philippines is one of the few countries in Asia where dual citizenship is allowed. If you are interested in getting a passport and a new citizenship in the Philippines, this visa may be a great option for you.
Features of the FIV permit in the Philippines
The FIV visa is administered by the Freeport Area of Bataan (FAB), located approximately 160 km from Manila and 110 km from Angeles City.
The visa was designed from the ground up with the intention of creating a simple and streamlined residency program that applicants can obtain with a minimum of hassle.
FAB Investor Visa holders can move to the Philippines with their family (spouse/husband and unmarried children under the age of 21), no additional investment is required.
As a permanent resident, you and your family will have access to government services in the Philippines. This includes being able to enroll their children in public schools and have full rights to work and study.
You are not limited to staying in the Freeport Bataan area. All of the Philippines is open to you and your family.
You will also be eligible to set up a FAB freezone company, which will bring additional tax benefits if you are running a business.
Investor Visa Requirements for FIV Visa in the Philippines
In order to obtain the right to issue an investor visa in the Philippines, the following requirements must be met:
1. Make a fixed deposit of $75,000 (no proof of income required). Financial qualification is based solely on the ability to make a $75,000 bank deposit.
2. There are no minimum stay requirements, making this visa a great option for those who want a solid back-up plan without making major lifestyle commitments.
3. The visa is available to persons of any nationality, regardless of whether they are citizens of a country included in the list of international sanctions.
You will need health insurance to safely move and find employment in a new country. You can issue an extended policy on our website using the link.
How do I apply for a FIV Investor Visa to the Philippines?
The visa application process consists of 3 stages:
Stage 1 – Schedule a consultation, i.e. complete pre-qualification.
Stage 2 – Send an application:
- Provide a resume.
- Copy of passport.
- Report of the police inspection.
Step 3 – Visit the Philippines for familiarization
All applicants participate in a 5-day organized trip to the Philippines. At the end, there will be a swearing-in ceremony. After the ceremony, you will be granted permanent resident status.
How much does the FIV program cost?
There is a $20,000 application processing fee plus $5,000 to cover onboard travel expenses.
Who has already applied for Philippine citizenship by investment?
In total, representatives of 49 countries of Asia, Europe, America and Africa became participants in the FIV program, among which citizens of India, the United Kingdom, the United States of America and Pakistan dominate. Representatives of Great Britain, Vietnam, Finland and Germany have been interviewed and are going to become FIV residents in the near future.
About 23% of all potential residents are business leaders who are interested in starting a business in the Philippines to take advantage of the 0% tax benefits.
Why the Philippines?
The Philippines can rightly be considered the rising star of Southeast Asia, as the country has one of the fastest growing economies in the region. Metro Manila in particular boasts a booming housing market with the world's best real estate growth rates.
With more than 7,000 islands and a population of more than 115 million, the Philippines
are of great interest and are a potentially undeveloped market. Its strong economic growth and wide knowledge of the English language increase its international appeal and position the country as a rising star in the region.
The new collaboration with Singapore's business leaders and the development of the FAB Special Administrative Region will further enhance the growth potential of the Philippines, positioning it as a leading hub for business and investment opportunities.
With its stunning natural beauty, tropical climate, renowned hospitality and affordable lifestyle, the Philippines offers an attractive quality of life for locals and expatriates alike.
The Philippines offers numerous advantages for foreigners looking to relocate, such as a good lifestyle and low cost of living, as well as financial opportunities.
We will remind you! A high standard of living, a developed economy and high-quality social security attract expats from different parts of the world to Singapore. We have already told you where foreigners work in Singapore, what conditions and what types of visas are available for moving.
Igor Usyk - Head of Migration department at VisitWorld
To ensure a safe move to a new country, I advise you to consult a specialist. My colleagues, qualified specialists with a legal education, will help you avoid unpleasant situations during migration.
Products from Visit World for a comfortable trip:
Checklist for obtaining a visa and necessary documents in Philippine;
Legal advice on immigration to Philippine;
Travel insurance for foreigners in Philippine;
Medical insurance all over the world.
We monitor the accuracy and relevance of our information. Therefore, if you see any error or discrepancy, please write to our hotline.
Frequantly
asked questions
How to get a residence permit in the Philippines?
How can I buy a residence permit in the Philippines?
How long does a residence permit in the Philippines last?
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