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SVEG Visa Philippines - Requirements
The SVEG is a special visa issued to a qualified non-immigrant foreigner who will employ at least 10 Filipinos in a lawful and sustainable enterprise, trade or industry. Qualified foreigners who are granted the SVEG shall be considered special non-immigrants with multiply entry privileges and conditional extended stay, without need of prior departure from the Philippines.
SVEG Requirements for Foreigners
- Directly or exclusively engage in a viable and sustainable commercial investment/enterprise in the Philippines, exercises/performs management acts or has the authority to hire, promote and dismiss employees
- Evince a serious intention to indefinitely remain in the Philippines
- Not a risk to national security of the Philippines
- Commercial investment or enterprise must provide actual employment to at least 10 Filipinos in accordance with Philippine labor laws and other applicable special laws
The above-mentioned requirements must be continually satisfied by the foreigner for him/her to continue to be a holder of the SVEG in the Philippines.
SVEG Application
(a) Upon payment of regulatory fees, the Commissioner of Immigration shall receive and resolve SVEG applications within 15 days from the date of filing. Documentary proofs required by the Philippine Commissioner of Immigration shall be evaluated and reviewed without strict observance to the technicalities of evidence and procedure.
(b) Upon favourable review, the Commissioner of Immigration shall issue a Notice of Approval directing the foreigner-applicant to report for registration and documentation at the Bureau of Immigration. An Alien Certificate of Registration (ACR) I-Card and an Identification Certification (IC) shall be issued upon payment of appropriate fees. The ACR I-Card and the IC shall indicate among others, the following:
"Status Adjusted without Departure as a Special Non-Immigrant
with Multiply Entry Privileges and
Conditional Extended Stay in the Philippines under (this Executive
Order)"
(c) Otherwise, the Commission if Immigration shall issue a Notice of Disapproval informing the foreigner applicant of the denial of his application. Within 15 days from receipt of such disapproval, the foreigner-applicant may file a motion for Reconsideration (MR) for the review of his application. Only 1 such Motion shall be entertained.
(d) The Commissioner of Immigration shall monitor the continued compliance by the foreigners of the requirements of the SVEG.
(e) All fees collected by the Bureau of Immigration shall be acknowledged by bonded collecting offices via issuance of official receipts. These collections shall be accounted for as government funds and subject to strict auditing procedures.
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