Philippines Launches a New Permanent Residency by Investment Program
Brittany Collins
Recently, the Philippines has introduced a new permanent residency by investment program under the Freeport Area of Bataan, FAB. The new program became a more streamlined alternative to the country’s former Special Investor’s Resident Visa (SIRV) program.
The FAB-Investor Visa offers quick processing times, an affordable investment requirement, and a simplified digital application process.
Who is the new Philippines investor visa for?
The FAB-Investor Visa program is open to investors of all nationalities. Candidates must have a clean criminal record and submit their CV and passport.
To qualify, applicants must make a minimum fixed deposit investment of $75,000 through FAB-approved partners. Unlike many other programs, the FIV does not have minimum stay requirements, proof of net worth, or a mandatory real estate purchase.
The investor’s family members also receive permanent residency. This includes a spouse and dependent children. The investment amount remains the same, regardless of family size.
How to apply for the Philippines Investor Visa?
During the application process, investors undergo the following steps:
preparing the documents required by the program;
implementing the investment condition and paying the fees;
submitting an application and obtaining preliminary approval by the Philippines authorities;
travelling to the Philippines for final procedures and receiving residency documents.
The entire process takes about one week, making it one of the fastest residency by investment programs in Southeast Asia.
What benefits does the new Philippines Golden Visa provide?
FIV visa holders get the right to relocate to a new country. The visa allows investors to live, work, or study anywhere in the Philippines. At the same time, there is no obligation to live in the country to maintain the permanent residency status.
The program is ideal for investors, digital nomads, and retirees attracted by the Philippines’ low cost of living, strategic location, and growing economy.
Pathway to second citizenship is another program’s advantage. Permanent residents under the FIV program can apply for naturalisation, allowing them to become citizens of the Philippines. This opens the door to dual citizenship, as the Philippines is one of the few countries in East Asia that allows individuals to hold two passports.
Investors seeking not only residency in other countries but also wishing to expand their global opportunities can choose from one of the Golden Visa programs offered by other countries.
Find out which countries offer the most popular Golden Visas, what the investment options are, the procedures, timeframes, and benefits.
