“In a special meeting, the board directed the PRA to review its policies on the minimum age and dollar deposit requirements, and the conversion of these deposits into allowable investments,” the PRA said in a statement.
It directed the PRA to closely coordinate with the Bureau of Immigration , the Department of Justice and the Department of Labor and Employment, and improve its program to “regularly monitor the profile and activities” of foreign retirees. During a Senate budget hearing on Monday, Sen. Richard Gordon quizzed Puyat on why Chinese nationals who were only 35 years old allowed to live in the country as foreign retirees.Created by an executive order issued by dictator Ferdinand Marcos in 1985, PRA currently grants retirement visas to foreigners aged at least 35 who have a minimum of US $50,000 cash on hand.
In 2016, China’s claim was dismissed by an international arbitral tribunal in favor of the Philippine government, who challenged Beijing’s so-called “nine-dash line” maritime boundaries.Gordon said that the Chinese could have chosen the Philippines as their supposed retirement destination “because they can go back and forth without visa.”
MRamosINQ Govt should look at the quality of foreigners entering the country in general and not focus on a specific ethnicity ....
MRamosINQ Kung hindi nabuking, tuloy tuloy lang modus operande ng immigration department!
MRamosINQ Can you cancel those 28000 visas or wala na kayong magagawa? Lip service lang ba ito?
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Gov’t allows foreigners with investors’ visa to enter PHMANILA, Philippines — The Inter-Agency Task Force on the Management of the Emerging Infectious Diseases (IATF) has allowed the entry of foreigners with investors visa starting next month, IATF DJEsguerraINQ meaning Chinese retirees (?) DJEsguerraINQ Hello POGO! DJEsguerraINQ Chinese influx na naman to
Source: inquirerdotnet - 🏆 3. / 86 Read more »
Mindanaoan agri-fishery, crafts fair held in Manila - Manila BulletinManileños now have a chance to buy affordable goods sold by Mindanaoan farmers, fishermen, and craftsmen in the three-day “MindaTienda goes to Manila” fair. Over 50 exhibitors will be selling meat and seafood products, fresh produce, and handicrafts in tents set up at the Kartilya ng Katipunan from October 23 […] Proud mindanaon 🤣🤣🤣
Source: manilabulletin - 🏆 25. / 51 Read more »
If Malacañang really cares for activists’ health, why arrest, jail them? — Bayan“Malacañang does not care for the welfare of protesters. It cares only for the interests of those in power. It has only used the pandemic to silence dissent. The whole world knows this,” Bayan secretary general Renato Reyes said. | GabrielLaluINQ GabrielLaluINQ omg, the protesters dont care for their own safety and welfare why should the govt give a flying f*k. gusto nyo pabaksakin gov't at the same time you expect the same gov't to care for you unbelievable, communist/socialist are the most entitled group of ppl.😂 GabrielLaluINQ that's true as the pandemic is crushing people with sickness and poverty, yet drugs and terrorists preoccupy the government. GabrielLaluINQ like him only matters is to destabilized the government
Source: inquirerdotnet - 🏆 3. / 86 Read more »
PH allows entry of foreigners with investor, work visas starting November 1The IATF has also lifted the pre-boarding testing requirement for outbound Filipinos. Philippines: The number one exporter of Covid-19.
Source: rapplerdotcom - 🏆 4. / 86 Read more »
AstraZeneca will resume its COVID-19 vaccine trial in USDrugmaker AstraZeneca will resume the trial of its experimental coronavirus vaccine in the United States, which has been on hold since September.
Source: CNN Philippines - 🏆 13. / 63 Read more »
Thailand's Krungsri acquires 50% of Security Bank subsidiaryThailand's Bank of Ayudhya, or Krungsri, officially acquires 50% of SB Finance. The deal is expected to boost SB Finance's loan products for personal and small business needs.
Source: rapplerdotcom - 🏆 4. / 86 Read more »