Foreign investors allowed to enter PH on Nov. 1

Foreign investors allowed to enter PH on Nov. 1

Foreigners with investor visas will be allowed to enter the Philippines starting on November 1, Malacañang announced today.

These foreign nationals include those with visas issued by the Bureau of Immigration under the Omnibus Investments Code of 1987 and Republic Act 8756, and those with special non-immigrant visas under Section 47(a)(2) of the Philippine Immigration Act of 1940, according to presidential spokesperson Harry Roque.

Also covered by the new policy are foreigners with visas issued by the Aurora Pacific Economic Zone and Freeport Authority and the Subic Bay Metropolitan Authority.

Presidential spokesperson Harry Roque said the foreigners must have a valid and existing visa at the time of the entry and a pre-booked accredited quarantine facility. 

In addition, they must be subject to the maximum capacity of inbound passengers at the port and date of entry and should follow applicable immigration laws, rules and regulations.

Read more here.