What are the requirements for a Special Investor’s Resident Visa (SIRV)?
Under Executive Order No. 226, any alien who has the following qualifications may be issued an SIRV: He has not been convicted of a crime involving moral turpitude; He is not afflicted with any loathsome, dangerous, or contagious disease; He has not been institutionalized for any mental disorder or disability; and He is willing and able to invest the amount of at least US$75,000 in the Philippines; Provided that the foregoing invested amount shall be lowered to US$50,000 for aliens availing of Executive Order No. 1037 subject to the conditions imposed by said legislations; Provided, further, that for purposes of compliance with this particular condition, the alien-applicant should prove that he/she has remitted such amount in accepted currency in the Philippines., “ART. 75. Reportorial Requirements – As a holder of the Special Investor’s Resident Visa, an aliend shall be entitled to reside in the Philippines, while his/her investment subsists. For this purpose, he should submit an annu
