1.  How much is the visa deposit? When should I remit the visa deposit?​

• For SRRV CLASSIC:

  • Age 40–49:

    • Non-pensioner: USD 50,000

    • Pensioner: USD 25,000

  • Age 50+:

    • Non-pensioner: USD 30,000

    • Pensioner: USD 15,000 (with pension*) 

• For SRRV COURTESY -

  • Age 40–49:

    • Non-pensioner: USD 6,000

    • Pensioner: USD 3,000

  • Age 50+:​ USD1,500  (with pension of at least US$1,000)

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*Required pension of at least US$ 800 for single  and US$1,000 if with dependents

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    Ideally, the visa deposit should be remitted to PRA's designated bank account a month prior to application.  This way, the waiting time for the money to be reflected in PRA's system is reduced.

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2.  Can I use my property in the Philippines as visa deposit?

• If you have SRRV CLASSIC, it is possible to convert your visa deposit into an investment. The value of the property must at least be US$50,000.00. 

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3.  What kind of property can I use for the visa deposit conversion?

• For foreigners, PRA only allows visa deposit conversion for Ready-For-Occupancy (RFO) condominium units or long term lease of at least 20 years.

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4.  Please give me information about the visa deposit conversion.

• Please click here.

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5.  How do I remit money from my home country to PRA's designated bank accounts?

• Please click here.

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