The Philippines has introduced a new permanent residency by investment program that offers a streamlined, digital-first option likely to attract an array of executives, investors, and global citizens.
The wait time for the new FAB-Investor Visa (FIV) program, run by the Freeport Area of Bataan (FAB) in metropolitan Manila, could be as short as one week, while the investment requirement can be as low as a deposit of US$75,000.
The new FAB-Investor Visa (FIV) program represents a 21st-century update to the country’s legacy SIRV program, in place since 1987.
Advantages of FIV
Global citizens weighing options for investment migration need to consider many factors, including cost, processing time, and other fees and restrictions, as well as passport quality and quality of life.
With FIV, the wait time is the absolute minimum, as processing occurs via FAB-approved partners. The plan requires just a five-day stay in the Philippines, and requires neither a real estate purchase or an assessment of net worth.
FIV applicants can add their spouse and dependent children to the application with no extra investment requirement. Once approved, FIV residents can live, work, or study anywhere in the Philippines.
They can also naturalize and become Philippines citizens after fulfilling naturalization requirements. The Philippines is one of the only countries in East Asia that allow dual citizenship, making it the most diverse and welcoming country for foreigners.
This helps explain why FIV compares very favorably with regional alternatives like Malaysia’s MM2H program and Thailand’s Elite Visa.
Simple, Global Application Process
The program is open to all nationalities, including Russians, Israelis, and Taiwanese, underscoring the Philippines’ support for global citizens facing adverse circumstances.
The procedure is effortless, consisting of just six steps, and the FIV’s streamlined process sets it apart from the SIRV and other Southeast Asian residency by investment programs.
The steps are as follows:
- Schedule a consultation
- Sign the agreement and prepare the documentation
- Make the payment
- Application submission
- Preliminary approval
- Take an oath in the Philippines
The FIV remedies the SIRV’s most significant issues – long waiting times and complex follow-up procedures – to produce one of the best and simplest residency by investment programs worldwide. Interested individuals can set up an initial meeting here.
Ideal Destination
The Philippines FIV Permanent Residency Program offers a unique and attractive opportunity for those seeking a new home in a welcoming, diverse, and dynamic country.
The FIV program’s streamlined process, minimal requirements, and extensive benefits make it an ideal choice for investors, retirees, digital nomads, entrepreneurs, and global citizens looking to enjoy a stunning country with a warm climate, friendly people, and an affordable lifestyle.
The Philippines offers high-quality banking and healthcare, as well as an excellent educational system, all while maintaining a reasonable cost of living. The country’s strategic location, growing economy, and business-friendly environment make it an excellent base for exploring and investing in the vibrant Southeast Asian region.
It is also one of two English-speaking Southeast Asian countries (the other being Singapore), making integration into the community much easier. As a former American colony, the Philippines has a strong affinity for American culture and the English language, which is used in business, education, and government.
By obtaining permanent residency through the FIV program, individuals can take advantage of the Philippines’ numerous attractions, from its stunning natural beauty and rich cultural heritage to its thriving business scene and attractive investment opportunities.
With the ability to live, work, and study anywhere in the country, FIV residents can fully immerse themselves in the Filipino way of life and enjoy a high quality of living at a fraction of the cost of many Western countries.
Global Partners
Philippines’ FIV is actively expanding its global footprint and invites agents and partners to join our network and promote this program. Interested partners can contact the FIV team to learn more about this unique residency opportunity.
You can book a consultation here or reach out to hello@PhilippinesFIV.com.
If you’re considering traveling or moving abroad, be sure to explore your healthcare options. Visit International Citizens Insurance to learn more and get a free quote.
