Special Investors Resident Visas for Aliens

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PRESIDENTIAL DECREE No. 1623: Special Investors Resident Visas for Aliens

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Title Supreme Court: Special Investors Resident Visas for Aliens

Law: Presidential Decree No. 1623

Decision Date: May 17, 1979

Presidential Decree No. 1623 authorizes the issuance of Special Investors Resident Visas to foreign investors who invest in economically depressed areas in the Philippines, allowing them and their families to reside in the country while the investment is active, with the condition that the visa may be revoked if the investment is withdrawn or transferred without prior approval.

issuance

special investors resident visas

aliens

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