Friday, August 11, 2023

CHRONICLES OF OUR PRE-RETIREMENT Epi. 4

Hello lovely people!  Well, JJ has started school this week and can you believe almost two weeks have come and gone for the month of August already?  Have you noticed the days zip by so fast these days and before we know it Fall will be here.

In preparation for our move to the Philippines, we have to figure out what kind of visas Mike and JJ need for them to be able to move and live, and in JJ's case study, in the Philippines.  In my research I found two options for them:

A.  The SRRV (Special Resident Retiree's Visa) is a special non-immigrant visa for foreign nationals who would like to make the Philippines their home and the benefits are:

1.Indefinite stay with multiple entry/exit privileges;

2. Exemption from:

    - Bureau of Immigration ACR-I Card (annual reporting);

    - Custom duties and taxes for one time importation of household goods and personal 

       effects worth up to $7,000.00;

    - Tax from pension and annuities;

    - Travel tax if retiree has not stayed for more than one year from last date of entry;

    - Student Visa/Study Permit.

3. Access to the greet and assist program at selected Philippine airport;

4. Free subscription to the PRA newsletter;

5. Discount privileges from PRA accredited merchant partners;

6.Free assistance in transacting with other government agencies;

7. Entitlement to PHILHEALTH benefits and privileges.

There are 5 options offered in this kind of Visa program and we are interested in Option #5 but upon further investigation we decided not to do the SRRV program.  I just made a video about this and the reason why.  You can watch it below:



Well it looks like we are going to start gathering paperwork for 13A visa instead.  We've done this before so it should not be hard.  I know it entails going to the Philippine Consulate General in Chicago, which I am not so excited about considering what is going on around Chicago but it needs to be done. 

And that's it for now my dearest friends.  Have a great weekend and I will see you on our next episode.  May the Lord keep us in our comings and goings for in Him alone we live and breath.  To Him be the glory!



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