Requirements for Special Investors Resident Visa

Requirements for a SIRV( Special Investors Resident Visa)

1.    Duly-accomplished and notarized application form, with recent photographs;

2.    Clearance from the National Intelligence Coordinating Agency (NICA), together with either a clearance from the central government agency of the applicant's country or place of residence, competent to give information about any criminal record that the applicant may have, duly authenticated by the Philippine Embassy, or the Interpol Division of the National Bureau of Investigation (NBI) indicating that the applicant has not been convicted by final judgement of a crime involving moral turpitude. The NICA shall issue an initial clearance within three (3) working days from receipt of the BOI endorsement, and a more thorough verification to cover the Armed Forces of the Philippines and the Philippine National Police should be made within three(3) months after the grant of the probationary visa. Any derogatory record may be the basis for revocation of the SIRV holder's visa. The expiration date of said clearances should not be earlier than six (6) months from date of filing of application;

3.    Medical certificate issued by the Department of Health (DOH), any government hospital or health facility, or any licensed and accredited hospital, medical center, or laboratory or the equivalent in the applicant's home country, certifying that the applicant is physically and mentally fit. The expiration of the certification should not be earlier than six (6) months from date of filing of application;

4.    Certification under oath from the duly-authorized officers of any accredited depository bank in the Philippines as to the amount of foreign exchange inwardly remitted by applicant, and its conversion to pesos through the said bank, in the prescribed form. Should the inward remittance be sent through non-accredited correspondent banks, the total amount of remitted money should be immediately transferred to the accredited banks. In all cases, inward remittances shall not be made earlier than one (1) year prior to the filing of the application;

5.    Certified true copy of the certificate of peso time deposit with a maturity period of at least thirty (30) days. The original copy of the certificate of time deposit shall remain with the depository bank for safe-keeping;

6.    Birth certificate/family registry/household registry duly authenticated by the Philippine Consulate/Embassy located in the applicant's home country or the applicant's embassy in the Philippines;

7.    If spouse and dependent children are included in the application, marriage contract duly authenticated by the Philippine Consulate/Embassy located in the applicant's home country or by the applicant's Embassy in the Philippines;

8.    Original passport of the applicant; and

9.    Payment