Conversion of the Required Deposit into Active Investment
Retirees who qualified to join the PRA Retirement Program has the option to convert their time deposit into active investments after a holding period of thirty (30) days from the date of SRRV issuance.
Investment Areas for Retirees
A retiree can choose to invest their required deposit through the following means:
a. Purchase, acquisition and ownership of a condominium unit
b. Long-term lease of house and lot, condominium or townhouse for a period not shorter than twenty (20) years.
c. Purchase, acquisition and ownership of golf or country club shares
NOTE: Former Filipinos can purchase a lot not exceeding 5,000 square meters in urban areas or three (3) hectares in rural areas for business use or other purposes.
Acquisition & Ownership of Condominium Unit Requirement Checklist & Forms
Leasehold Rights Requirement Checklist & Forms
Proprietary Membership in Golf Clubs Requirement Checklist & Forms