Philippines has opened its arms and embraced different businesses that came from throughout the world. Today, there are many foreign investors in the Philippines that discover enthusiasm for turning into a permanent resident in the country. In case you need more details aside from what’s written in the article, please seek an immigration attorney in Manila, Philippines.
A monthly pension of $3000 is adequate to bear the cost of an agreeable and simple life for you in the country. On an average of $150 to $200, you would already be able to get a comfortable loft, a 3-room condo or a bungalow. You would already be able to purchase seven days’ supply of fresh produce, fish, and meat with a $50-$70 spending plan.
Electricity, water, and cooking gas service bills will cost you around $120. Indeed, even the expense of transportation in the Philippines is low. It’s even enough to pay at any rate $5,000 for a second-hand vehicle in a decent running condition.
You can even consider not buying a car in urban communities since public transportation is effectively accessible. Rides in tricycles and jeepney’s expense $.20, for trains and transports, its $0.25 and $0.35. A taxi ride pays $1 for the initial 400 meters, with the following 300 meters charged $0.080.
What are the requirements to be a permanent resident?
- For a foreigner who has an immigrate responding to the agreement with the Philippines and is married to a Filipino citizen, you are qualified to apply for a permanent resident visa under the permanent Philippines resident’s privileges.
You need a proof of:
- Valid marriage to a Filipino citizen that is recognized under existing Philippine law.
- No criminal or derogatory records in any local or foreign law enforcement agency.
- Free from any dangerous or contagious disease.
- Sufficient funds for family support.
- Authorized to enter the country by the immigration.
- Notarized resident visa application letter by the Filipino spouse
- Accomplished and Notarized General Application Form
- Authenticated copy the birth certificate of the Filipino spouse
- Authenticated copy of the Marriage Contract by the AA or Philippine Embassy abroad (if you got married abroad)
- Immigration Clearance Certificate
- Copy of the foreigners passport showing the date of arrival and Visa (Balik Bayan Stamp)
- Certification of a savings bank account with the minimum 10,000 US$ on it to prove, that you can financially support your family
- Fee for about ₱20,000.00 (10,000 for application and another ₱10,000.00 for approval)
- As indicated by the Bureau of Immigration Philippines, nationals of nations which have discretionary relations with the Philippines are qualified to apply for a permanent resident visa. Likewise, if they grant the Filipinos a similar immigration benefits under the guideline of correspondence which will not be more than fifty (50) of any one nationality or without nationality for any one schedule year.
You must bring the following:
You also need the following requirements:
- Submit the Consolidated General Application Form (CGAF) from either at the Public Information and Assistance Unit (PIAU) at BI G/F Main Office or from the official BI Website.
- Submit the documents to the Central Receiving Unit (CRU) for pre-screening or to the Immigration Offices.
- Obtain the Order of Payment Slip (OPS).
- Pay the fees. Additional of $ 50.00 for ACR I-Card.
- Submit copy of Official Receipt.
- Attend hearing. Refer to the Official Receipt for the schedule and venue of the hearing and Image and Fingerprint Capturing.
- Proceed to Image and Fingerprint Capturing Counter of the Alien Registration Division (ARD) and secure requirements for the ACR I-Card application.
- Check website if permanent resident visa for the Philippines application is approved. Once approved, submit passport for visa implementation. Claim your ACR I-Card once it is approved.
Benefits being a permanent resident in the Philippines
- Easier way in requesting for loans and purchasing insurance.
- The visa is permanent after a 1 year of probationary period and the ACR I-card is renewable every five years.
- You comply under the law of the Philippines.
- There’s no need for visa runs.
Seek help from an Immigration Attorney in Manila, Philippines
Those are the important details you need to remember, but of course you may still have questions regarding permanent residency in the Philippines. If you’re interested in becoming a resident here and want to settle here for good, it’s better to seek advice from an immigration attorney in Manila, Philippines. Contact us at YKC Law today and we’ll provide you one of the best professional legal services in the country.