SUBJECT: EXPANDED SCOPE OF SRRV COURTESY, AS AMENDED PRA Circular - TopicsExpress



          

SUBJECT: EXPANDED SCOPE OF SRRV COURTESY, AS AMENDED PRA Circular No. 012 January 15, 2013 Series of 2013 SUBJECT: EXPANDED SCOPE OF SRRV COURTESY In order to broaden the enrollment of the PRA program with the corollary objective of achieving “Brain Gain” via the Retirement Program of the Government, the SRRV Courtesy program shall now include the following groups of individuals, namely: Retired ambassadors & other members of the diplomatic corps even if they have not rendered diplomatic service in the Philippines. Retiree of United Nations, World Bank Organizations & International Monetary Fund. Honorary consuls who have served in Philippine diplomatic posts. Recipients of Nobel Prize, Ramon Magsaysay, and other prestigious awards including Oscars, Emmys, Pulitzers, various Halls of Fames. Scientists, physicists and top-rated engineers. Professors of U. S., European, Australian, Canadian, and Japanese universities. Retired military personnel who have provided military aid and training to the Philippine Government via a defense treat or any other similar agreement. High achievers in sports, arts and business. Peace Corps Volunteers and other similar organizations. Retired Officers and staff of USAID, AusAID, and other similar assistance organizations. Retired Officers and staff of JETRO, KOICA, MITI and other similar trade and investment organizations. International philanthropists. Foreign Nationals previously working with international recognized Philippine jurisdiction, i.e. our embassies, consular offices and other government offices. Thereby making the above named categories eligible to enroll under the PRA Retirement Program with a requisite deposit of $1,500.00. Thru the expanded Courtesy SRR Visa, the Philippines will present to the global retirement market the most aggressive program meant to attract the world’s most internationalized, highly financially independent and definitely accomplished seniors.The above expanded SRRV Courtesy scheme has been approved by the Board of Trustees per Board Resolution No. 011 dated August 13, 2012 . To qualify under this scheme, the applicant must be: a. At least 50 years old with a monthly pension or any other similar benefits of at least US$1,000.00 which shall be regularly remitted to the Philippines; b. A citizen of a country where the Philippines has existing diplomatic relations; and c. Able to comply with all the documentary requirements, visa deposits, fees and other conditions under the SRRV Courtesy program including certification by the concerned entity/organization of the position occupied/held by the applicant. The Resident Retiree Servicing Center (RRSC) shall be responsible for the implementation of this policy. This Circular shall take effect after 15 days following the completion of its publication at the UP Law Center. (signed) VEREDIGNO P. ATIENZA General ManagerPRA Circular No. 016 April 29, 2013 Series of 2013 SUBJECT: EXPANDED SCOPE OF SRRV COURTESY, AS AMENDED PRA Circular No. 012 series of 2013 is hereby amended as follows: 1. Foreign nationals who have served in the Philippines for at least two (2) years in any of the categories specified in the said Circular, shall be charged the Annual PRA Fee (APF) of US$10.00. Likewise, the spouse and dependent shall be charged US$10.00 each separately. Foreign nationals with less than two (2) years service in the Philippines are covered by Item 2 below. 2. Foreign nationals who have not served in the Philippines shall be charged the Annual PRA Fee of US$360.00. It shall cover the principal, spouse and one (1) minor dependent. An additional US$100.00 shall be charged for every additional dependent in excess of two (2). 3. Foreign nationals previously working with internationally recognized areas of Philippine jurisdiction such as embassies, consular offices, and other government agencies, who have served for at least two (2) years, shall be construed as having served in the Philippines. (See Item #1) The Resident Retiree Servicing Center (RRSC) shall be responsible for the implementation of this policy. This Circular shall take effect after 15 days following the completion of its publication at the UP Law Center. (signed) VEREDIGNO P. ATIENZA General Manage
Posted on: Sat, 22 Jun 2013 05:28:49 +0000

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