How to achieve the lowest immigration cost

Requirements for retired immigrants in the Philippines:

1. Make time deposits in banks designated by the Philippine Bureau of Retirement and Immigration.

2. The deposit amount of each principal applicant is USD 20,000. If there are more than two dependents, the deposit will increase by $65,438+$500,000 for each additional dependent.

3. The above deposits cannot be converted into other forms of investment; SRRV ID card cannot be taken out during its existence; Only when the SRRV ID card is cancelled can the deposit be withdrawn.