PHILIPPINES Special Resident Retiree’s Visa SERVICE
Special Resident Retiree’s Visa
It entitles the holder to multiple-entry privileges with the right to reside permanently in the Philippines.
A Special Resident Retiree’s Visa (SRRV) is a visa issued by the Bureau of Immigration (BI) upon endorsement by the Philippine Retirement Authority (PRA). It entitles the holder to multiple-entry privileges with the right to reside permanently in the Philippines.
For foreign nationals aged 50 years and older who are wishing to apply, are required to make a deposit of at least US$20,000.00; those aged 35 to 49 years old, at least US$50,000.00; and retirees 50 years and older with pension, at least US$10,000.00.
Certain categories – former Filipinos, employees of international organizations like the United Nations, its affiliate agencies, or the Asian Development Bank, and former members of the foreign diplomatic corps who have served in the country – are required to deposit at least US$1,500.00.
A resident retiree may include, as dependents, his spouse and unmarried children under 21 years old, provided that he makes an additional dollar deposit of USD15,000.00 for each dependent – in excess of two. Additional deposits shall be subject to the same terms and conditions as the principal deposit. The additional dollar deposit requirement does not apply to former Filipinos.
BGC&CO.CPAS now provides a pre-approved processing service for the Special Resident Retiree’s Visa (SRRV). We can assist you in obtaining your SRRV visa in your country before arrival in the Philippines.
Requirements:
- Filled-out and notarized PRA application form;
- Authenticated copy of passport showing passport details and current visa;
- Medical Examination (Form #11) accomplished by a licensed physician abroad, duly authenticated by the Philippine Embassy or PRA Medical Certificate (RRSC Form A#002) accomplished by a licensed physician in the Philippines (applies to all members of the family joining the program);
- National Bureau of Investigation (NBI) Clearance;
- Marriage Contract, Birth Certificate, and Family Registry (duly authenticated if issued abroad);
Procedure:
- Submit PRA application form and other documentary requirements to local PRA or Philippine Embassy;
- Endorsement by the BI upon receiving the application from PRA;
- Payment of fees, upon arrival in the Philippines
- Secure passport stamped with SRRV within 5 working days of arrival; and
- If processed through Philippine Embassy, Department of Foreign Affairs (DFA) in the Philippines will transmit to the PRA; the latter shall evaluate said documents and return the same to the DFA which in turn authorizes the Philippines Embassy to issue a single entry SRRV to the applicant. The applicant must enter the country within 1 year from date of issuance of visa. Upon arrival in Manila, PRA shall recommend to BI the conversion of single-entry SRRV to indefinite, multiple–entry stay.
BGC and Co. CPAs is a mid-sized progressive auditing firm providing comprehensive set of cost effective solutions to organizations like yours.
Our services include auditing, accounting, bookkeeping, business management, and HR consulting. Further, we provide other business services like VISA processing in Bureau of Immigration (BI), Philippine Retirement Authority (PRA).
We are equipped with state of art tools and techniques along with dedicated professional to evaluate potential opportunities and risks effective auditing and assurance services. We understand a value adding auditing and assurance service focus on scope of business improvement rather than merely preparing financial statements and reporting on figures.
The firm was formed to assist clients on the preparation of compliances relating to tax, financial management, forecasting and accounting software and system installation. Assist clients in tax investigations, internal auditing procedures and provide on financial, taxation, accounting and auditing matters when needed. Processing of business registration, cancellation / termination.
Our Mission
Deliver reliable cost effective professional services in time meeting specific customer requirements.
Our Vision
To become one of the best auditing and accounting firm in the Philippines providing the utmost satisfaction to all the clients. We would like to be known as one of the finest company to partnered with in all the aspects.
Our Team
Our teams of dedicated professionals led by senior qualified accountants are obliged to give you quality services which will enable you to serve your clients better and there by improve your business. We together with our associates enable to give you the best in the industry.
ABOUT OUR SERVICES
Auditing and Assurance
We are equipped with state of art tools and techniques along with dedicated professional to evaluate potential opportunities and risks delivering effective auditing & assurance services. We understand value adding auditing and assurance service focus on scope of business improvement rather than merely preparing financial statements and reporting on figures.
Our expertise in analyzing accounting systems, designing better systems with proper internal controls and management information reporting help our clients to adequately plan their business building strategy and give them the confidence to pace up with the rapidly growing economy.
Accounting and Bookkeeping
Accounting and bookkeeping is a necessity of every organization irrespective of its size. Our professionally qualified and experienced accountants understand and analyze business transactions and ensure compliance with the accounting standards. BGC has well trained staff familiar with many of the accounting system and most especially to the rapid changes in the BIR rules and regulations. Qualitative and timely accounting reports are crucial for the success of any business organization. BGC ensures relevant and reliable financial reports are delivered on regular intervals to assess performance and to facilitate decision making. Outsourcing of accounts department helps you to get professional expertise at lower cost and BGC provides the most efficient and effective bookkeeping solutions.
We assist you with below services:
• Accounts preparation and supervision
• Preparation and presentation of financial reports
• Bookkeeping services
• Payroll processing
• Training of accounting staff
Business Set-up and Termination
We do assist in setting up different types of business organizations through registrations to different government agencies such as:
• Securities and Exchange Commission (SEC);
• Bureau of Internal Revenue (BIR);
• Local Government Unit (LGU);
• Department of Trade and Industry (DTI);
• Social Security System (SSS);
• Philippine Health Insurance (Philhealth);
• Pag ibig;
• Food and Drug Administration (FDA)
We also assist our foreigner clients for the following:
• VISA extension;
• Bureau of Internal Revenue (BIR);
• 9g VISA;
• Special Resident Retiree’s VISA (SRRV)
• Social Security System (SSS);
• Passport Renewal
SERVICES
CONTACT US
ADDRESS
- 7TH FLOOR, PCCI CORPORATE CENTER, L.P. LEVISTE ST., SALCEDO VILLAGE, BRGY. BEL-AIR MAKATI, PHILIPPINES 1209
- Info@bgcco.ph
- lconvento@bgcco.ph
- Working Hours : 8:00 a.m - 5:00 p.m
PROFILE
AUTHORIZED INSTITUTION
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