Title
Amendments to Special Visa for Employment Generation Rules
Law
Boi Memorandum Circular No. Mcl-09-001-a
Decision Date
Mar 30, 2009
The amended guidelines for the Special Visa for Employment Generation (SVEG) facilitate the issuance of visas to foreigners investing in businesses that employ at least ten full-time Filipino workers, while also streamlining registration and documentation processes for visa holders.

Q&A (BOI MEMORANDUM CIRCULAR NO. MCL-09-001-A)

The Memorandum Circular No. MCL-09-001-A amends the implementing rules and regulations for Executive Order No. 758 dated February 4, 2009, prescribing the guidelines for issuance of Special Visa for Employment Generation (SVEG) to certain individuals under special circumstances.

No, SVEG holders are exempt from securing Special Return Certificates and Exit Clearance Certificates, provided they are not listed in the BI Blacklist, Watchlist, or Hold Departure List.

SVEG holders are required to pay annual report fees every first sixty (60) days of each year under the Alien Registration Act of 1950, as amended.

Yes, the Notice of Approval directs the alien to report, without prior departure from the Philippines, for registration and documentation at the Bureau of Immigration.

This Memorandum Circular took effect immediately upon its publication in a newspaper of general circulation.

Copies of the Memorandum Circular are to be filed with the Office of the National Administrative Register (ONAR) at the UP Law Center, UP Complex, Diliman, Quezon City.

The Memorandum Circular was approved by Hon. Raul M. Gonzalez, Secretary of the Department of Justice, with Marcelino C. Libanan as the Commissioner who adopted it.


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