Law Summary
Eligibility Criteria for SVEG
- Foreigner must engage in viable, sustainable commercial investment/enterprise in the Philippines
- Must exercise management authority including hiring, promoting, and dismissing employees
- Must show genuine intention to remain indefinitely in the Philippines
- Must not pose a risk to national security
- Commercial enterprise must employ at least ten (10) Filipinos in compliance with labor laws
- Conditions must be continually met to maintain the visa
Application Procedure for SVEG
- Applications resolved by Commissioner of Immigration within 15 days upon payment of fees
- Documentary proofs evaluated flexibly without strict procedural technicalities
- Notice of Approval leads to registration and documentation at the Bureau of Immigration
- Issuance of Alien Certificate of Registration (ACR) I-Card and Identification Certification (IC) upon payment
- Status indicated as Special Non-immigrant with Multiple Entry Privileges and Conditional Extended Stay
- Notice of Disapproval allows filing one Motion for Reconsideration within 15 days
- Commissioner monitors continued compliance
- All fees collected as government funds subject to audit
Revocation of SVEG
- Grounds for revocation include failure to comply with conditions, fraud or misrepresentation, criminal conviction, and national security risk
- Revocation leads to deportation, either summary or post-sentence
- Deportation destinations include country of origin, nationality, or last residence prior to the Philippines
Implementing Rules and Regulations; One-Stop-SVEG Facility
- IRR to be issued within 30 days by Commissioner of Immigration and relevant agencies
- IRR ensures orderly issuance of SVEG
- Establishment of One-Stop-SVEG Facility within Bureau of Immigration for processing related requirements
- IRR effective 15 days after publication in two newspapers
- Copies of IRR furnished to the President, Secretary of Justice, and National Administrative Register
Reportorial Requirements
- Commissioner of Immigration to submit monthly reports to the Office of the President and Secretary of Justice
- Certified copies of SVEG issued, with supporting documents, furnished to Secretary of Justice for recording and review
Construction of Executive Powers
- Executive Order does not diminish Presidential and Secretary of Justice powers over Bureau of Immigration
- Powers exercised pursuant to Revised Administrative Code and other laws and issuances
Separability Clause
- Invalid or unconstitutional provisions do not affect remaining provisions, which remain in effect
Repealing Clause
- Inconsistent executive issuances, departmental orders, and memoranda modified or repealed accordingly
Effectivity Clause
- Executive Order takes effect 15 days after publication in two newspapers of general circulation