Live Permanently in Paradise with
SRRV & Real Estate Investment
Combine the world's most accessible retirement residency visa (SRRV) with lifetime condominium ownership at Kalea Heights, Cebu City.
SRRV Deposit & Condo Conversion Calculator
Estimate your PRA required deposit, annual visa bond, and see how much of your Kalea Heights condominium can be directly funded by your SRRV deposit!
Step 1: Your Profile & Preferences
Select your retiree age, category, and preferred Kalea Heights unit.
Up to 2 dependents are covered with no extra deposit. For 3+ dependents, PRA requires an additional $15,000 USD per excess dependent.
Held in your name at a PRA-accredited bank & eligible for 100% property conversion.
Multi-Year Foreign Currency vs. Philippine Peso (PHP) Trend
Strong major currencies give international retirees significantly higher purchasing power when acquiring real estate equity at Kalea Heights in Banawa, Cebu City.
1 US Dollar (USD) in Philippine Pesos (PHP)
Historical exchange rate movement from 2019 to 2026 (Estimated).
Unmatched Residency Benefits in the Philippines
The Special Resident Retiree's Visa gives you indefinite legal stay, freedom of movement, and economic advantages without tourist visa hassles.
Indefinite Permanent Stay
Live permanently in the Philippines with no repeated tourist visa extensions, no mandatory visa runs, and no annual tourist reporting.
Multiple Entry Privileges
Travel freely anywhere in the world. Re-enter the Philippines anytime without applying for exit clearances or special re-entry permits.
SRRV Deposit → Condo Conversion
Under SRRV Classic, your required PRA bank deposit (US$20k–$50k) can be converted directly into purchasing a resort condo at Kalea Heights.
Tax & Duty Exemptions
Exemption from Philippine income tax on foreign pensions remitted into the country, plus a one-time duty-free importation of household goods (up to US$7,000).
Premier Healthcare Access
Enjoy PhilHealth eligibility, private medical centers, international hospitals in Cebu, and exclusive PRA partner healthcare discounts.
Work & Study Flexibility
Work in the Philippines by obtaining an Alien Employment Permit (AEP), or study without converting to a student visa.
Understanding SRRV Visa Bond vs. SRRV Deposit
Clarifying the difference between the annual compliance guarantee bond and your convertible property deposit.
SRRV Visa Bond
Compliance Insurance Guarantee
- Small annual premium guarantee posted via PRA-accredited insurer (~$300–$500/yr)
- Protects the government against unpaid legal obligations or compliance issues
- Does NOT lock up major capital or funds
- Renewed periodically along with administrative PRA updates
SRRV Qualifying Deposit
Investment-Eligible Bank Deposit
- Placed in a PRA-accredited Philippine bank (e.g. US$20,000 to US$50,000)
- Held in your name under PRA regulatory supervision
- Eligible to be converted directly into buying a condo at Kalea Heights
- Maintains your permanent visa eligibility while gaining real estate equity
How to Turn Your SRRV Deposit into a Kalea Heights Condo
Rather than keeping funds idle in a bank, convert your required deposit directly into real estate equity.
Apply & Post Visa Bond
Submit passport, police clearance, medical clearance, and post the accredited SRRV Visa Bond insurance guarantee.
Place PRA Bank Deposit
Deposit the required SRRV deposit (e.g. US$20,000 or US$50,000) into a PRA-accredited bank.
Receive SRRV Approval
Get granted official permanent retiree resident status with lifetime multiple-entry privileges.
Convert Deposit to Kalea Heights Unit
Apply with PRA to release deposit funds directly toward paying for your luxury condominium unit.