Foreign investors need specific investors’ visa to enter the Philippines

Foreign investors need specific investors' visa to enter the Philippines

The Bureau of Immigration (BI) said foreign investors planning to go to the Philippines must have the required investors’ visas to be allowed to enter the country as travel restrictions remain amid the COVID-19 pandemic.

In a statement, BI said that foreigners who have visas under Executive Order No. 226 or the Omnibus Investments Code and those with the Special Investor’s Resident Visa (SIRV) issued under EO 226 may enter the country. Tourist-related projects and tourist establishments are still restricted.

Further, the Department of Justice said that SIRV holders “are exempt from inbound travel restrictions imposed on foreigners, as their visas were also issued pursuant to EO No. 226.”

Read more here.