A Special Investor Resident Visa exists for investors in tourist–related projects and tourist establishments in the Philippines. Basically a variation of the SIRV except that the final destination of the foreigners inward remittance must be to a tourism related project. Any foreign investor who invests at least $50,000 USD in a Department of Tourism (DOT) qualified tourist–related project or tourism establishment shall be entitled to an SIRV.

Requirements

• Application form duly notarized.

• National Bureau of Investigation (NBI) Clearance, indicating that the applicant has not been convicted of a crime involving moral turpitude.

• Clearance from the National Intelligence Coordination Agency (NICA).

• Certification of remittance of required investment to authorized Philippines depository Bank and placed in at least 30 day time deposit.

Procedure

Applicant submits application and other documents including the original passport to the Department of Tourism (DOT).

• If documentation is complete, the DOT then endorses applications to the Bureau of Immigration for a provisional, multiple entry visa valid for six (6) months.

• Amendment of visa (from provisional to indefinite) shall be made upon submission of proof that the inward remittance have been actually invested.

Total Process time is 10-15 days

Contact Us to Apply for a Special Investor Resident Visa for Tourism Projects