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47(a)(2) — Special Non-Immigrant Visa under EO 226/RA 8756 - Regional Headquarters
VisasPhilippines47(a)(2) — Special Non-Immigrant Visa under EO 226/RA 8756 - Regional Headquarters
PhilippinesPhilippines•Asia
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47(a)(2) — Special Non-Immigrant Visa under EO 226/RA 8756 - Regional Headquarters

Work Dependents Allowed

At a Glance

Processing Time

3-4 weeks

Estimated Cost

USD $3,000

Varies by filing options

Stay Duration

Varies (Permanent and indefinite residency in Philippines)

Not renewable

Renewal

Not renewable

Family

Dependents allowed

PR Pathway

None

Sponsor

No job offer needed

Work

Remote not required

Apply Now Official Information

Overview

Special visa for foreign executives working exclusively at regional or area headquarters of multinational companies in the Philippines, requiring minimum $12,000 annual salary, valid for three years.

The Quota Immigrant Visa, governed by Section 13 of the Philippine Immigration Act of 1940, is a premier residency category designed to admit foreign nationals who possess significant financial capital or specialized professional skills. Unlike the majority of Philippine immigrant visas which are contingent upon marriage to a Filipino citizen, the Quota Visa provides a direct pathway to permanent residency based on the applicant's individual qualifications and the principle of international reciprocity. It serves as a strategic tool for the Philippine government to attract individuals who can contribute to the country's economic growth and social development.

This visa is ideal for high-net-worth individuals, investors, and professionals from countries that grant similar immigration privileges to Philippine citizens. Because it grants the holder a permanent resident status (Permanent Resident Card), it is highly sought after by those seeking long-term stability in the Philippines without the administrative burden of frequent visa renewals. The most distinguishing feature of this visa is its strict numerical limitation; the Bureau of Immigration is statutorily restricted to issuing only 50 slots per nationality per calendar year, making it one of the most exclusive and competitive visa types in the region.

Requirements

PUBLISHED REQUIREMENTS

Minimum savings: 1500

Health insurance required

Age: 35-

KEY CRITERIA

Education

bachelor or higher

Experience

1+ years

Min. Income

12,000 EUR/yr

REQUIRED DOCUMENTS

Valid passport

Proof of retirement income

Bank certificate

Medical certificate

Police clearance

Advantages & Considerations

Key Benefits

  • Fee exemptions
  • Supports family reunification

Worth Knowing

  • Dependent on principal's employment status

Application Process

1

Verify age and income: Confirm 35+ years old with USD 1,500/month retirement income

2

Prepare documents: Gather financial documents and retirement proof

3

Open bank deposit: Maintain USD 15,000-50,000 in PRA-approved bank

4

Submit application: File application with Philippine Retirement Authority

5

Processing: PRA processes application (20+ working days)

6

Approval: Receive SRRV approval

Application Forms

Go to application portal
SRRV Application Form—
Apply Now Official Information

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