Announcement

Philippines rewrites the SRRV: minimum age 40, Classic deposit now USD 30,000

The Philippine Retirement Authority reset the Special Resident Retiree's Visa terms effective September 1, 2025. The minimum age rose to 40, the Classic deposits rose, and two older variants no longer appear in the intake documents.

Published: 2026-10-15 · Effective: 2025-09-01 · Last verified: 2026-10-15

What changed

The Philippine Retirement Authority's revised SRRV processing charter, effective for applications from September 1, 2025, sets the minimum age for a principal applicant at 40. The floor was 35 under the old rules.

The Classic deposit is now USD 30,000 for applicants age 50 and above without a pension, and USD 15,000 at age 50 and above with a qualifying pension, which means proof of a lifetime pension of at least USD 800 a month for a single applicant or USD 1,000 a month for an applicant with dependents. Applicants age 40 to 49 post more: USD 50,000 without a pension, or USD 25,000 with one. The application fee is USD 1,500 for the principal, plus USD 300 per dependent.

Two older variants, SRRV Smile and SRRV Human Touch, do not appear in the current charter, which lists deposits only for Classic and Courtesy. People already enrolled under earlier schemes keep their membership; the change is in what a new applicant can join.

Who it affects

New SRRV applicants, and anyone budgeting from older published figures. Pages still citing age 35, or Classic deposits of USD 10,000 and USD 20,000, describe a program that no longer exists.

Where the current terms live

The Philippines country page, linked below, carries the full current SRRV picture from the same charter: the Courtesy category deposits, the pension proofs, the annual fees, and every other long stay route, each with its own source and last verified date.