What are the advantages of permanent resident status of Filipino immigrants?

The advantage of handling this is that you can settle here permanently and you can come in and out at will. And the cost should be the cheapest. The deposit of $20,000 can't be moved, or $50,000 can be invested in real estate in the Philippines.

The benefits of this visa itself include:

1. Choose permanent retirement.

a.

You can settle, work and study in the Philippines.

2. Multiple entry privileges

a.

You can travel abroad and return to the Philippines at any time.

3. Exemption:

a.

Pension and annuity income tax;

b.

Immigration entry and exit permit;

c.

Annual registration requirements of the Philippine Immigration Service;

d.

Import duties on daily necessities and

e.

Personal effects with customs duties as high as $7,000.00.

f.

Travel tax, if you stay in the Philippines for less than one year from the last shooting date; and

g.

Alien identity card

As a SRR visa holder, the Philippine Retirement Administration will assist you to obtain the basic documents of various government agencies. These include, but are not limited to:

a.

Foreign employment permit

b.

Driving/driving licence

c.

Tax exemption/extension certificate

d.

List of Philippine National Regulatory Authority (NBI)