.svg)
Philippines
"Philippines SRRV program gave us permanent residency at fraction of other Asian programs. English proficiency and cost of living unbeatable for Asia retirement."
Retirement & Residency Programs
- SRRV (Special Resident Retiree's Visa): Deposit $10,000 (age 50+, former Filipino) or $20,000 (age 35-49) or $50,000 (age 35+, can be invested in property instead). Permanent residency, renewable indefinitely, includes dependents. One of Asia's most affordable retirement visa programs.}
- SIRV (Special Investor's Resident Visa): $75,000 investment in Philippine business or securities. Permanent residency.
- Quota Immigrant Visa: 50 slots per year per nationality, requires Philippine sponsor. Path to permanent residency without investment.
- Balikbayan privilege: Foreign spouses/children of Filipino citizens get 1-year visa-free stay
Company Formation & Foreign Ownership
- Foreign ownership restrictions: Most sectors limited to 40% foreign ownership (60% must be Filipino). Exceptions for export enterprises, BOI-registered companies, some sectors fully open.
- Domestic Corporation standard structure
- 25-30% corporate tax on net profits (depending on size, reduced rates for smaller businesses)
- 12% VAT
- BPO sector major driver (call centers, IT services, outsourcing to US, Australia, others)
- PEZA (Philippine Economic Zone Authority) zones: tax incentives, 100% foreign ownership allowed for export-oriented businesses
- Popular for: BPO/outsourcing, manufacturing (electronics, garments), regional services
Tax Considerations
- Personal income tax progressive 0-35% (recently reformed, thresholds increased)
- Foreign-sourced income taxed for Philippine residents (worldwide taxation, though treaties provide relief)
- Capital gains tax 15% on real property, 5-10% on shares
- Estate tax 6% (recently reformed from higher rates)
- Treaty network 40+ countries
- Tax compliance and bureaucracy challenging (BIR - tax authority known for complexity)
Business Environment & Lifestyle
- English-speaking workforce (legacy of US colonial period, English proficiency highest in Southeast Asia)
- Low labor costs (BPO sector thrives on wage arbitrage)
- Large population (110M+), young demographic
- Infrastructure challenges (traffic in Manila severe, roads/transport improving slowly)
- Internet improving but still behind neighbors (fiber expanding in cities)
- Security varies by region (Manila, Cebu generally safe; Mindanao has conflict zones)
- Corruption and bureaucracy significant challenges
- Affordable cost of living (especially outside Manila)
- Islands, beaches, tropical lifestyle attractive for expats and retirees
- Best for: BPO operations, retirees seeking affordable Asia base, regional manufacturing (PEZA zones)
Work With Us
Take Control of Your Global Wealth and Legacy
We connect you with professionals who build structures that work, across borders, under scrutiny, and built to last.
Become a client
Become a client
Important Notice: Aventarys Group connects clients with licensed third-party professionals. We do not provide legal, tax, accounting, or financial advice. All services are delivered by independent licensed providers. Clients should consult their own legal and tax advisors before making any decisions.
