SYMECS LAW

San Diego Ycasiano Macias EstorcoCastaeda Sanchez

3109 One Corporate Center !"ia #argas corner Mera"co A$en!e% Ortigas% &asig Cit'( )e"* +0,-./012323
444(s'5ecs"a4(co5
TO: GFC
FROM: JSR
RE: SRRV Primer
DATE: February 28, 2014
)he Specia" 6esident 6etiree7s #isa +8S66#9- is a specia" non1i55igrant $isa that pro$ides its
ho"ders 4ith 5!"tip"e1entr' pri$i"eges and inde:inite sta' in the &hi"ippines and is especia""'
designed :or those 4ho 4ish to "i$e in the &hi"ippines on an e;tended or per5anent <asis(
)he S66# is $a"id :or so "ong as the $isa ho"der re5ains a 5e5<er o: good standing o: the
&rogra5 A=D pro$ided his ti5e deposit and>or in$est5ent e;ists in the &hi"ippines(
?n order to sec!re the S66#% the :o""o4ing deposit re@!ire5ents 5!st <e co5p"ied 4ith*
6etire5ent Option and their 6e@!ired )i5e Deposit
1( With &ension A .0 'ears o"d and a<o$e A the re@!ired ti5e deposit is BSC10%000(00
,( Witho!t &ension
a( 3. and a<o$e A BSC,0% 000(00 ti5e deposit
<( .0 'ears o"d and a<o$e A BSC,0% 000(00 ti5e deposit
c( Dor5er Di"ipino Citizens +at "east 3. 'ears o"d% regard"ess o: the n!5<er o:
dependents A BSC1%.00(00-
d( A5<assadors o: :oreign co!ntries 4ho ser$ed and retired in the &hi"ippines%
c!rrent and :or5er sta:: 5e5<ers o: internationa" organizations inc"!ding ADE +at
"east .0 'ears o"d- 1BSC1%.00(00
e( 3. and a<o$e% sho4n to ha$e a pre1e;isting condition +e;cept contagio!s
diseases- and in need o: 5edica" care and ser$ices( 1 BSC10%000(00% and 5!st
sho4 proo: o: 5onth"' pension re5itted to the &hi"ippines e@!a" to at "east
C1%.00(00
Dor ?te5s 1% ,+E- and ,+D-% the re@!ired ti5e deposit can <e con$erted into in$est5ents a:ter
one +1- 5onth :ro5 the date o: the iss!ance o: the S66#( )he on"' a""o4ed areas o: in$est5ent
are the :o""o4ing*
1( &!rchase o: condo5ini!5 !nit>s dec"ared as 6ead' :or Occ!panc'F
,( Long ter5 "ease o: a ho!se and "ot% condo5ini!5 or to4nho!se !nit>sF
3( Constr!ction o: a residentia" !nit on a "eased parce" o: "andF
0( &!rchase o: &roprietar' Me5<ership>Go": shares in go": c"!<sF
.( Dor :or5er Di"ipinos% p!rchase o: a "ot not e;ceeding .%000 s@!are 5eters in !r<an areas
or three +3- hectares r!ra" areas to <e !sed :or <!siness or other p!rposes(
As :or the doc!5entar' re@!ire5ents and p!rs!ant to the iss!ance o: the &6A% the :o""o4ing
5!st <e s!<5itted*
1( &6A app"ication :or5F
SYMECS LAW
San Diego Ycasiano Macias EstorcoCastaeda Sanchez
3109 One Corporate Center !"ia #argas corner Mera"co A$en!e% Ortigas% &asig Cit'( )e"* +0,-./012323
444(s'5ecs"a4(co5
,( Go$ern5ent Dee o: BSC1%000(00 :or the principa" and BSC300(00 :or each dependent
+spo!se>chi"dren-(
3( Origina" passport 4ith $a"id entr' stat!sF
0( DDA Medica" E;a5ination Dor5 =o( 11 > Medica" E;a5ination C"earance% 4hich can <e
sec!red a<road +4ith Eng"ish trans"ation-% acco5p"ished <' a "icensed ph'sician and
d!"' a!thenticated <' the &hi"ippine E5<ass'>Cons!"ar O::ice( ?: the app"icant is in the
&hi"ippines% this can a"so <e sec!red at the &6A One1Stop ShopF
.( Certi:ication <' a &6A short"isted <anH on the re@!ired :oreign c!rrenc' depositF
3( &o"ice C"earance% :or retiree1app"icants 4hose sta' in the &hi"ippines is thirt' +30- da's
or "ess :ro5 date o: "ast entr'% 4hich 5!st <e sec!red :ro5 the app"icant7s co!ntr' o:
origin +4ith Eng"ish trans"ation- d!"' a!thenticated <' the &hi"ippine E5<ass' or
Cons!"ar O::ice( Other4ise% a &o"ice C"earance +:ro5 the app"icant7s co!ntr' o: origin-
and =ationa" E!rea! o: ?n$estigation +=E?- C"earance :or retiree app"icants 4hose sta' in
the &hi"ippines is 5ore than 30 da's :ro5 date o: "ast entr'( )his a"so app"ies to the
app"icant7s spo!se and dependents 1/ 'ears o: age and a<o$eF
2( ?D &ict!res% ,9;,9% 1, pieces(
/( ?: the spo!se is a"so app"'ing :or the S66#% the Marriage Certi:icate or Marriage
Contract trans"ated into Eng"ish +i: necessar'- and d!"' a!thenticated <' the &hi"ippine
E5<ass'>Cons!"ate nearest the app"icant7s residence i: the 5arriage 4as contracted
a<road( ?: the 5arriage 4as so"e5nized in the &hi"ippines% the origina" Marriage
Certi:icate 4o!"d s!::iceF
9( ?: dependent>s is>are a"so app"'ing :or the S66#% origina" Eirth Certi:icate>s o:
dependent>s <orn in the &hi"ippines or Eirth Certi:icate>s or Io!seho"d 6egister
trans"ated into Eng"ish +i: necessar'- and d!"' a!thenticated <' the &hi"ippine
E5<ass'>Cons!"ate nearest the app"icant7s residence a<roadF and
10( &ension doc!5ents% i: necessar'
A :oreigner 4ho ho"ds a S66# is entit"ed to reside inde:inite"' in the &hi"ippines( ?n addition% he
sha"" enJo' the :o""o4ing <ene:its*
1( M!"tip"e entr' pri$i"egesF
,( E;e5ption :ro5 the E;it C"earance and 6e1Entr' re@!ire5ents o: the E!rea! o:
?55igration +E?-F
3( E;e5ption :ro5 )ra$e" )a;% pro$ided the S66# ho"der has not sta'ed in the &hi"ippines
:or 5ore than a 'ear :ro5 date o: "ast entr'F
0( )a;1:ree i5portation o: ho!seho"d goods>persona" e::ects 4orth BSC2%000(00F
.( &ri$i"ege to st!d' in the &hi"ippinesF
3( &ri$i"ege to 4orH in the &hi"ippines !pon iss!ance o: the A"ien E5p"o'5ent &er5itF and
2( E;e5ption :ro5 registration :or > rene4a" o: the AC61? Card
Io"ders o: a S66# are genera""' o<"igated to pa' BSC330(00 Ann!a" &6A Dee :or the &rincipa"%
Spo!se and one +1- chi"d !pon enro""5ent and e$er' 'ear therea:ter( Dor each dependent in
e;cess o: t4o +,- an additiona" :ee o: BSC100(00 is needed(
?t sho!"d <e noted that app"icants :a""ing !nder ?te5s ,+C- and ,+D- a<o$e are e;e5pted :ro5
the o<"igations o!t"ined in the paragraph i55ediate"' preceding% and are% instead% re@!ired to
SYMECS LAW
San Diego Ycasiano Macias EstorcoCastaeda Sanchez
3109 One Corporate Center !"ia #argas corner Mera"co A$en!e% Ortigas% &asig Cit'( )e"* +0,-./012323
444(s'5ecs"a4(co5
pa' BSC10(00 as ann!a" &6A Dee instead( On the other hand% :or app"icants :a""ing !nder ?te5
,+E-% the BSC330(00 ann!a" &6A :ee on"' co$ers the principa" and one +1- dependent on"'% 4ith
no pro$ision on additiona" dependents