Retire in the Philippines
SRRV Classic — income requirement, modelled cost, healthcare and tax on pensions, sourced and dated.
Income requirement
Key facts
- $800/month SRRV Classic — single applicant
- Savings / deposit Bank deposit: $15,000 (50+ with pension) up to $50,000 (40–49, no pension), in an accredited PH bank — convertible to a condo purchase
- Family uplift First 2 dependents included; +$15,000 deposit per dependent beyond two
- Passive income only pensions, rent, dividends — not remote employment
- Watch out Current PRA materials revised in September 2025 present Classic and Courtesy, with principal-applicant age 40. Classic deposits scale by age and pension status ($15k/$25k/$30k/$50k); annual fees are $360 Classic, $100 Courtesy foreign national, and $50 Courtesy former Filipino, each covering the principal plus two dependants.
What retiring in the Philippines costs
WhereNext's reviewed budget models about $1,500 a month for one person and about $2,200 for a couple. The visa's own test is separate: SRRV Classic needs ≈ $800/mo equivalent. Modelled figures are for a comfortable, not frugal, lifestyle; the cost-of-living calculator prices your own basket.
Healthcare, safety and the livability floors
On WhereNext's indices Philippines scores 53/100 for healthcare and 56/100 for safety. It does not clear every livability floor (GPI ≤ 2.0, life expectancy ≥ 75, HDI ≥ 0.80): GPI 2.09 (floor ≤ 2.0); life expectancy 69.9 (floor ≥ 75); HDI 0.72 (floor ≥ 0.80, UNDP very high). The floors are a screen, not a verdict; the reasons are listed so you can weigh them.
Retiring to Philippines from your country
Philippines SRRV Classic: common questions
What is the income requirement for Philippines's SRRV Classic in 2026?
Philippines's SRRV Classic requires $800/month for a single applicant. Income must be passive (pensions, rent, dividends) — not remote employment. Verified against Philippine Retirement Authority (PRA) on 2026-09-06.
How does the Philippines SRRV Classic requirement change for a couple or family?
First 2 dependents included; +$15,000 deposit per dependent beyond two Verify the current uplift with the consulate before applying.
Is the Philippines SRRV Classic income allowed to be from remote work?
No. The SRRV Classic requires passive income — pensions, rental income, dividends or annuities — not salary from remote employment. Current PRA materials revised in September 2025 present Classic and Courtesy, with principal-applicant age 40. Classic deposits scale by age and pension status ($15k/$25k/$30k/$50k); annual fees are $360 Classic, $100 Courtesy foreign national, and $50 Courtesy former Filipino, each covering the principal plus two dependants.
Is Philippines's SRRV Classic income figure a legal minimum?
Verified against Philippine Retirement Authority (PRA) on 2026-09-06. Requirements change — often yearly as minimum-wage or index figures re-float — so re-verify before any decision.
How much does it cost to retire in the Philippines?
WhereNext's reviewed budget models about $1,500 a month for one person and about $2,200 for a couple, before the visa's own income test (SRRV Classic needs ≈ $800/mo equivalent).
Does Philippines clear WhereNext's livability floors for retirees?
Not on every floor: GPI 2.09 (floor ≤ 2.0); life expectancy 69.9 (floor ≥ 75); HDI 0.72 (floor ≥ 0.80, UNDP very high) (floors: GPI ≤ 2.0, life expectancy ≥ 75, HDI ≥ 0.80). The floors are a screen, not a verdict; the reasons are listed so you can weigh them.
Part of the WhereNext Retirement & Passive-Income Visa Requirements 2026 open dataset (CC BY 4.0), generated 2026-06-25. Figures are primary-sourced and dated; they change yearly — re-verify before any decision.
Retirement visas with a similar income bar
Closest to Philippines's ≈$800/month for a single applicant. USD figures are normalised monthly equivalents at current FX; each country's own currency and basis is the binding figure, on its page.
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