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Philippines ASRV, the most cost-effective permanent residence visa in the world

label: 2022-07-30

In the post-epidemic era, more and more people are aware of the importance of safety and a secure future. The search volume of immigration-related keywords on major platforms such as Baidu and Google has soared, which undoubtedly does not mean the arrival of another immigration boom.


The Philippine "ASRV Small Amnesty" visa, the most cost-effective permanent residence status in the world, is favored by many middle-class families for its advantages of low investment cost, short processing time, and simple continuous maintenance.


#01


Philippines ASRV Visa


ASRV (Apeco Special Resident Visa, commonly known as "Little Amnesty") is a special permanent resident visa obtained by becoming a member of the Aurora Special Economic Zone (APECO), a permanent resident visa specially approved by the APECO Economic Zone directly under the Philippine government, The way to obtain it is to obtain permanent residence status through donations, which can be used for life.


This visa I-Card is for permanent use and the card is renewed every five years (only the basic cost of production is paid).


#02


What is APECO?


Aurora Special Economic Zone, the full name of the Aurora Pacific Economic Zone and Freeport Authority (Aurora Pacific Economic Zone and Freeport Authority), referred to as APECO.


APECO aims to increase employment opportunities, improve quality of life and environmental sustainability, and promote local economic development by developing resort hotels, environmentally friendly energy hubs, ports and airport infrastructure.


This program started in 2016, but only for Japanese people. Beginning in 2019, Chinese nationals can also apply.


There are 7 types of visas issued by APECO, including ASRV, ASIRV, AWV and ADE. Among them, the most suitable for foreign investors, the lowest threshold is ASRV.


#03


Philippines ASRV Visa Advantages


❶ Permanent visa


One-time application, valid for life, the visa fee is paid in one time, and there is no annual fee.


❷ Loose conditions


Those over the age of 18 can apply, and they can bring their spouse and children under the age of 21, and there is no limit to the number of people;


The application materials are simple, only the original passport and the certificate of no criminal record in the Philippines are required, and online processing is supported.


❸ Convenient and fast


The processing time is short, about 5 working days, the fastest immigration project.


❹ Freedom of identity


free entry and exit to the Philippines;


Study, work, set up a company, do business, etc. in the Philippines;


Open a high-interest bank account, apply for a credit card, buy insurance, or apply for a loan.


❺ Superior tax system


The estate tax is only 6%, and property can be gifted to future children at a low rate.


❻ Children's Education


Children can return to China as overseas Chinese students to take the joint entrance examination for overseas Chinese students.


❼ APECO Privileges


Including APECO Resort membership, applicants can enjoy 60 days of free stay per year.


#04


Philippine ASRV Applicable Population


People with plans for overseas assets, etc.


The Philippines is a non-CRS country and can open overseas bank accounts, enjoy tax incentives for opening a business, and facilitate the development of overseas markets.


People with children's educational needs


The Philippine International School has a pure American English atmosphere, the quality of education in European and American countries, and the price of education in Southeast Asia, which can be used as a springboard for famous European and American schools.


Children can study in the Philippines without applying for a student visa, and the tuition fee is no different from that of local students.


You can also participate in the joint entrance examination for overseas Chinese students, and you can go to 982 and 211 famous schools with a score of 400, giving children a variety of choices.


Those in need of convalescence or retirement


The beautiful scenery and pleasant climate of the Philippines are very suitable for vacation and retirement. The cost of living is only the level of the domestic second- and third-tier markets, and you can enjoy a high-quality life at a low cost.


For those in need of convalescence, they can also hire a live-in nanny to take care of their lives and perform daily care with a family nurse, enjoying cost-effective medical care services.


Diving, travel and vacation enthusiasts


The Philippines has more than 7,000 islands, attracting a large number of tourists every year to dive, swim, kayak and windsurf here. It is a holy land for diving enthusiasts in the world.


Looking at the global investment permanent residence projects, the Philippines ASRV has a high cost performance: enjoying a high-quality life at a low cost, and one-step solution to the needs of overseas identity, asset allocation, children's education, vacation and pension, etc. are important factors to attract many investors.


If you need to know more about planning, please contact Xiaoxing!


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