For Americans and Europeans dreaming of a permanent life under the Bohol sun, navigating the Philippine visa system is the essential first step. The good news is that the Philippines offers several clear pathways to long-term residency, each designed for different circumstances, whether you’re retiring, investing, or joining family.
Here is a detailed breakdown of the primary visa options for those looking to make Bohol their home.
1. The Special Resident Retiree’s Visa (SRRV)
The SRRV is the premier choice for retirees aged 50 and above seeking permanent residency with minimal hassle.
Who It’s For: Retirees and pensioners aged 50 or over (or 35+ with a guaranteed pension).
Key Requirements:
Proof of a stable pension or a significant deposit in a Philippine bank.
The standard option requires a $10,000 time deposit for those with a pension of at least $800 per month.
For those without a pension, the “Smile Program” requires a $20,000 deposit.
A clean medical certificate from an accredited physician.
Estimated Costs:
One-time processing fee: Approximately $1,400 for the main applicant.
The required deposit remains in your name and is fully refundable if you cancel the visa.
Benefits: This visa grants multiple-entry privileges, an indefinite right to stay, tax-free import of household goods, and the permission to work, study, or invest locally. Processing typically takes 4 to 8 weeks.
2. Investor Visas (e.g., SIRV)
Ideal for entrepreneurs and investors under 50 who wish to actively engage in business in the Philippines.
Who It’s For: Actively investing individuals or business owners.
Key Requirements:
A minimum investment of $75,000 in a Philippine-based corporation, the stock market, or a government-approved project.
A viable business plan and proof of legitimate fund sourcing.
Estimated Costs:
Government and processing fees typically total between $2,000 and $3,000, excluding the capital investment.
Benefits: The Special Investor’s Resident Visa (SIRV) is valid for one year and is easily renewable. It grants the right to live, work, and manage your investment in the Philippines. Processing usually takes 8 to 12 weeks.
3. Marriage-Based Visa (13A Non-Quota Immigrant Visa)
The most straightforward and cost-effective path for foreigners legally married to a Filipino citizen.
Who It’s For: Foreign nationals married to a Filipino citizen.
Key Requirements:
A valid and authenticated marriage certificate (if married abroad, it must be certified by the Philippine Embassy).
Proof of financial capacity to support yourself.
Estimated Costs:
This is the most affordable permanent visa, with total government fees usually under $500.
Benefits: The 13A visa grants permanent residency, multiple-entry status, and the right to work, own a business, and study. It is the fastest route to full integration, often processed within 4 to 6 weeks.
4. The Tourist Visa Extension Path
Many future residents begin their journey on this path to explore Bohol before committing to a long-term visa.
Who It’s For: Those wanting an extended “try-before-you-buy” period or who are assembling documents for a permanent visa.
Key Process:
Upon arrival, most nationals receive a 30-day visa-free entry.
Before it expires, you apply for extensions at the Bureau of Immigration—first for 1-6 months, then in subsequent 6-month periods for up to 3 years.
Estimated Costs:
Extension fees are modest, averaging $30 to $50 for each month of extension granted.
Important Note: A tourist visa does not grant the right to work, open a business, or import goods tax-free. It is for residence and exploration only.
Making the Right Choice for Your Bohol Life
Selecting the correct visa depends on your age, marital status, financial portfolio, and long-term goals. The process involves document authentication (often requiring an Apostille from your home country), medical checks, and clearances.
Why Professional Guidance is Key: Philippine immigration law has nuanced requirements. A single error in documentation or procedure can cause significant delays. At Move 2 Bohol, we specialize in assessing your unique profile, recommending the optimal visa path, and managing the entire application process from start to finish—ensuring you can focus on planning your new life in paradise, not on bureaucratic hurdles.
Ready to take the first legal step toward your Bohol home? Contact us today for a confidential visa assessment.