Philippine Retirement Authority: Your Gateway to a Secure Retirement in the Philippines
Got any ideas about retirement? Philippine Retirement Authority is here to help.
The Philippine Retirement Authority (PRA) was established in 1985 as a government-led agency and is now under the jurisdiction of the Department of Tourism. To provide better services to retirees, PRA collaborates with the Department of Immigration, the Bangko Sentral ng Pilipinas (Philippine Central Bank), and other government agencies to promote its initiatives.
The PRA recommends the Philippines as a secure investment destination for foreign retirees and Filipinos with foreign citizenship. Over the years, thousands of retirees have moved to the Philippines through PRA, making it a prominent hub for retirement and investment opportunities.
The country is now attracting global attention as a top destination for retirement relocation and investment.
Through PRA’s comprehensive services, retirees can easily apply for the Special Resident Retiree’s Visa (SRRV). This visa serves as a crucial tool for retirees to facilitate their life in the Philippines, from finding a place to live to considering new investment opportunities.
By obtaining the SRRV, foreign nationals and Filipinos with foreign citizenship can enjoy permanent residency in the Philippines. This visa offers numerous benefits, including multiple re-entry privileges and special tax exemptions, allowing retirees to live a fulfilling life in the country.
Additionally, the PRA organizes special activities and programs for SRRV holders. These initiatives help retirees network and build connections with others in their daily lives and business ventures. PRA’s extensive support network is designed to assist retirees in integrating into the community and enjoying a smooth transition into their new life in the Philippines.
The PRA welcomes retirees from around the world. Its clientele is diverse, ranging from retired businesspeople to former diplomats, police officers, scholars, athletes, and artists. The PRA aims to offer retirees a high quality of life and a wealth of opportunities to make the most of their retirement years in the Philippines.
The PRA office is located on the 29th floor of Citibank Tower, 8741 Paseo De Roxas, Makati City, 1220, Philippines. It also has branches in Baguio, Pampanga, Cebu, and Davao.
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