(+632) 8552-4729
Retirees enjoying life in the Philippines

Philippine Retirement
Authority

About the PRA

The Philippine Retirement Authority (PRA) is a government owned and controlled corporation created by virtue of Executive Order No. 1037, signed by former President Ferdinand E. Marcos on 04 July 1985.

PRA’s mandate is to develop and position the Philippines as a retirement haven by accelerating the social and economic development of the country, strengthening its foreign exchange position, and providing further best quality of life to the targeted retirees in a most attractive package.

Philippines: The Best Place to Retire

The Philippines ranked first in the Retirement Abroad Index 2026 by Expatriate Group, a specialist provider of international health insurance serving expatriates and retirees across more than 180 countries, making it the world’s leading retirement destination.

In 2025, the Philippines was also recognized as the Best Retirement Destination in Asia at the 2025 TripZilla Excellence Awards.

Why retire in the Philippines?

Filipinos have a strong sense of community
The Philippines always has some new adventure to offer
The Philippines is rich in underwater wonders
Food is always at the center of celebrations

Special Resident Retiree’s Visa (SRRV)

  • It is a special non-immigrant visa issued by the Bureau of Immigration, through the PRA, open to all foreign nationals and former Filipino citizens to live and retire long-term in the Philippines.
  • This visa allows retirees to enter, stay, and experience the Philippines as a great retirement destination.
Benefits of the Special Resident Retiree’s Visa

Special Resident Retiree’s Visa (SRRV) Holders are also exempted on:

  • Annual Alien Certificate of Registration (ACR) Identity Card
  • Exit/Re-entry Permits
  • Customs duties and taxes for one-time importation of household goods and personal effects up to USD 7,000
  • Tax on pensions and annuities
  • Travel Tax
  • Separate work/student visa or permit

SRRVisa Options

SRRV Classic Visa Deposit

Pensioner

40 to 49 years old

USD 25,000.00

50 years old and above

USD 15,000.00

Non-Pensioner

40 to 49 years old

USD 50,000.00

50 years old and above

USD 30,000.00

* Proof of lifetime pension of at least USD 800.00/month for single applicants and USD 1,000.00/month for applicants with dependents

SRRV Courtesy Visa Deposit
(For Foreign Nationals)

Pensioner

40 to 49 years old

USD 3,000.00

50 years old and above

USD 1,500.00

Non-Pensioner

40 to 49 years old

USD 6,000.00

50 years old and above

USD 1,500.00

* This SRRV Option is applicable for Principal retirees under special categories such as retired diplomats, officers of international organizations recognized by the Philippine Department of Foreign Affairs, retired military service members from countries with recognized bilateral relations with the Philippines, and high achievers in academic, business, arts, culture, music, sports, including philanthropists.

SRRV Courtesy Visa Deposit
(For Former Filipinos)

40 to 49 years old

USD 3,000.00

50 years old and above

USD 1,500.00

40 to 49 years old

USD 3,000.00

50 years old and above

USD 1,500.00

* This SRRV Option is applicable for Filipino retirees that are naturalized in other countries and have not re-acquired Filipino citizenship.

Qualified Applicants

Principal/s

40 years old and above

  • Foreign Nationals
  • Former Filipino Citizens

Dependent/s

  • Spouse: legally married to the Principal Retiree
  • Children: Unmarried and below 21 years old upon application
    • Legitimate
    • Legally adopted

Application Requirements

For Principal Applicants

  1. Original Passport with a valid Tourist Visa
  2. Accomplished PRA Application Form
  3. Medical Certificate (issued within 6 months before submission)
  4. Police Clearance from the country of origin or residence for the last 6 months (issued within 6 months before submission)
  5. Bureau of Immigration Clearance Certificate (BICC)
  6. National Bureau of Investigation (NBI) Clearance
    1. For applicants who have stayed more than 90 days in the Philippines prior to submission of application documents.
  7. Photos
    1. Eight (8) recent, high-quality, 2x2-inch pictures with a white background which must have been taken within three (3) months prior to submission of the SRRV Application.
  8. PRA Processing Fee of USD 1,500.00 (or its equivalent amount in Peso)
  9. Bank Certificate / Proof of Inward Remittance
    1. The requisite dollar deposit must be sent as an inward remittance from any bank abroad to a PRA-accredited bank of choice.
  10. PRA Annual Fee

For Dependent Applicants

  1. Original Passport with a valid Tourist Visa
  2. Accomplished PRA Application Form
  3. Original PRA Medical Certificate (issued within 6 months prior to submission)
  4. Original Police Clearance (and NBI Clearance, if necessary) for Spouse, and for children who are 18 years old and above
  5. Bureau of Immigration Clearance Certificate (BICC)
  6. Apostilled/Authenticated Proof of Relationship (e.g. Marriage Certificate for the Spouse and Birth Certificate for the child)
  7. Photos (8pcs, 2x2 inch)
  8. Application Fee of USD 300.00 for each joining dependent

PRA Annual Fee

SRRV Classic

USD 360.00

Principal + 2 Dependents

Additional USD 100.00 for each Dependent in excess of 2

SRRV Courtesy

  • Foreign Nationals

    USD 100.00

    Principal + 2 Dependents

  • Former Filipinos

    USD 50.00

    Principal + 2 Dependents

Additional USD 10.00 for each Dependent in excess of 2

Additional Documents for Principal Retirees under Certain Circumstances

  • Original passport with valid tourist visa
  • PRA Application Form
  • Medical Certificate
  • Police Clearance from the country of origin or last residence abroad (additional NBI clearance if applicant has stayed for over 90 days from last entry date)
  • Bureau of Immigration Clearance Certificate (BICC)
  • Proof of Bank Certificate/Inward Remittance of Visa deposit
  • 8 pieces of 2x2 photos
  • Processing and Annual Fees
  • Proof of Pension (if applicable)
  • For Dependents, proof of relationship to Principal Retiree (i.e. Marriage Certificate, Birth Certificate, Household Registry)

Getting Started

Start your SRRVisa application by registering below. You may also check PRA’s list of Merchant Partners and Retirement Facilities around the Philippines.
Retirement facility in the Philippines

PRA’s List of Retirement Facilities

Data on Retiring NRFs and Foreign Nationals

Here are the top nationalities of former Filipinos retiring in the Philippines

  1. American
  2. Canadian
  3. German
  4. Australian
  5. British
  6. Belgian
  7. Swiss
  8. Dutch
  9. French
  10. Norwegian

Here are the top nationalities of foreign nationals retiring in the Philippines

  1. Chinese (People’s Republic of China)
  2. South Korean
  3. Indian
  4. American
  5. Taiwanese
  6. Japanese
  7. Chinese (Hong Kong-Special Administrative Region)
  8. British
  9. Australian
  10. German

Frequently Asked Questions

Further Reading

To learn more about PRA and the Philippines as the retirement destination, you may browse PRA’s newsletters.
Reading the PRA newsletter on a tablet

PRA Newsletter

VISIT WEBSITE

Get in Touch with the PRA

PRA Address

29/F BDO Towers Valero (formerly Citibank Tower) Paseo de Roxas, Makati City 1226 Metro Manila, Philippines

PRA Social Media Channels

To stay updated with the latest news and content, you may check out PRA’s social media channels.
Facebook

PhilippineRetirement​AuthorityOfficial


Connect now
YouTube

PhilippineRetirement​Authority


Connect now

How interesting this article?

Get the latest news and updates delivered to your inbox.

Share this article

Articles to read

Hear from the people who have experienced the BaLinkBayan Portal firsthand and how it has transformed their journey.
Political
About BaLinkBayan

About BaLinkBayan

What the one-stop online portal for the Filipino diaspora is for, who runs it, and how the Commission on Filipinos Overseas connects Non-Resident Filipinos back to the Philippines.
Economic
Start a Business

Start a Business

The gateway to investing and building an enterprise back home — opportunities, guides, and the government agencies that support each step.
Economic
Agriculture

Agriculture

Maximizing the potential of the country's vast natural resources through financial and skills investments in one of the most essential industries for nation-building.
Economic
Real Property

Real Property

Raw land, apartments, and condominiums — what overseas Filipinos may own, how purchases are financed, and the steps each property type takes.
Political
Pag-IBIG Fund

Pag-IBIG Fund

Savings, housing loans, and short-term loan programs available to Non-Resident Filipinos through the Home Development Mutual Fund.
Political
PhilHealth

PhilHealth

Health insurance coverage for overseas Filipinos — membership categories, premium payments, and the online services that handle both.
Youth
Balik Turo

Balik Turo

Share your expertise with Filipino learners and teachers — the teaching volunteer track for Filipino professionals based overseas.
Youth
Balik Scientist

Balik Scientist

Bring science and technology expertise home through the program that hosts returning Filipino scientists, engineers, and researchers.
Political
Downloads

Downloads

Forms, primers, and reference material to read or keep — everything the portal publishes as a downloadable document, in one place.
Political
Contact Us

Contact Us

Where to reach the Commission on Filipinos Overseas, which office handles which concern, and answers to the questions asked most often.