Rumor Alert: Is the Tourist Visa Max Stay Dropping to 12 Months?
WHAT: A rumor is spreading that a “new law” will reduce the maximum tourist visa stay from 36 months down to 12 or 24 months.WHERE: Discussed heavily in expat Facebook groups and forums.THE REALITY: As of right now, no such law has passed. The Philippine Congress rarely changes the base immigration laws. What is actually […]
Does the New $100k Investor Visa Give You Dual Citizenship?
WHAT: A rumor is spreading that the new FIV (FAB-Investor Visa) grants dual citizenship or a Philippine passport. This is false.WHERE: Nationwide (Discussed heavily in expat Facebook groups and by unlicensed “visa agents”).THE REALITY: The $95,000 FIV grants you Permanent Residency (PR). This means you can live in the Philippines forever without doing visa runs. […]
The New $100k Investor Visa (FIV) Explained
WHAT: The Philippines recently launched a new fast-track permanent residency program called the FIV (FAB-Investor Visa).WHERE: Administered via the Freeport Area of Bataan (FAB), not the standard BI offices.THE MATH: The community calls it the “$100k visa,” but it is actually a $75,000 USD fixed deposit plus a $20,000 USD non-refundable application fee (totaling $95,000 […]