Indonesia Second Home Visa (B211B) vs Philippines Special Resident Retiree's Visa (SRRV)
A factual side-by-side comparison of two residency programmes. All figures are drawn from the canonical program pages — follow either link in the table header for sources and the full profile.
Key Differences at a Glance
- ›Indonesia Second Home Visa (B211B) leads to citizenship (~10 yrs); Philippines Special Resident Retiree's Visa (SRRV) does not.
- ›Lower capital: Philippines Special Resident Retiree's Visa (SRRV) (20,000 USD) vs 130,000 for Indonesia Second Home Visa (B211B).
- ›Philippines Special Resident Retiree's Visa (SRRV) uses territorial taxation; Indonesia Second Home Visa (B211B) taxes worldwide income.
Indonesia Second Home Visa (B211B) Indonesia · retirement | Philippines Special Resident Retiree's Visa (SRRV) Philippines · retirement | |
|---|---|---|
| Country | Indonesia | Philippines |
| Category | Retirement | Retirement |
| Application Fee | $200 | $1,400 |
| Minimum Income | — | — |
| Minimum Investment | $130,000 | $20,000 |
| Processing Time | 2 months | 2 months |
| Family Included | Spouse and dependent children may be included on the principal's permit; parents not eligible | Spouse and up to two unmarried dependent children under 21 may be included; additional $15,000 deposit required per additional dependent beyond the first two |
| Path to PR | Yes — 5 years | Yes — 0 years |
| Path to Citizenship | Yes — 10 years | No |
| Physical Presence | Visa is valid for 5 or 10 years (multi-entry). No minimum presence requirement. | No minimum annual stay requirement; visa is permanent and multiple-entry, valid as long as the deposit is maintained |
| Dual Citizenship | Not allowed | Allowed |
| Tax Impact | Tax residency triggers at 183+ days physical presence in any 12-month period. Indonesian tax residents pay progressive PIT up to 35%; foreign-source income is taxable. The Second Home Visa does not confer any special tax exemption — applicants spending less than 183 days in Indonesia avoid Indonesian tax residency entirely. | SRRV holders who spend 180+ days per year in the Philippines may become tax residents subject to Philippine income tax on Philippine-source income. Foreign pension income is generally exempt from Philippine income tax. |
| Tax Residency Trigger | 183 days/yr | 180 days/yr |
| Worldwide Taxation | Yes | Territorial |
| Renewal Cost | $200 | $360 |
About Indonesia Second Home Visa (B211B)
Indonesia's Second Home Visa (introduced October 2022 under Regulation 22/2022, refined by 2024 amendments) grants a 5-year or 10-year multi-entry residence visa to foreign nationals depositing IDR 2 billion (~USD 130,000) in an Indonesian state bank for the duration of the visa. The visa does NOT require minimum income, employment, or physical presence and may be used as a base for visiting Indonesia (especially Bali) without becoming a tax resident. The deposit may be used to purchase property or held as a savings deposit. After 5 years of legal residence with continuous physical presence, the visa-holder may apply for permanent residency (KITAP) and after 10 years, naturalisation — though Indonesia generally does not permit dual citizenship and naturalisation requires renunciation.
Full Indonesia Second Home Visa (B211B) profile →About Philippines Special Resident Retiree's Visa (SRRV)
The Philippines Special Resident Retiree's Visa (SRRV) is a permanent residency programme administered by the Philippine Retirement Authority for foreign nationals aged 35 and above, requiring a time deposit of $20,000 to $50,000 USD in a Philippine Retirement Authority-accredited bank depending on the applicant's age and pension status. The visa grants permanent multiple-entry residency status immediately upon approval, with no minimum annual stay requirement, and holders are exempt from obtaining re-entry permits. The deposit earns interest and may be used for approved investments in real estate after two years.
Full Philippines Special Resident Retiree's Visa (SRRV) profile →Gotchas to Watch For
Indonesia Second Home Visa (B211B)
- ⚠IDR 2B is a deposit, not a fee — but the funds are locked for the visa duration (5 or 10 years)
- ⚠Indonesia does NOT permit dual citizenship — naturalisation requires renunciation of original citizenship
- ⚠Tax residency at 183+ days; visa doesn't confer special tax treatment
- ⚠Bali property purchase by foreigners has additional restrictions (HGB / Hak Pakai title structures rather than freehold Hak Milik)
Philippines Special Resident Retiree's Visa (SRRV)
- ⚠The bank deposit is yours and earns interest — but you cannot withdraw it while your SRRV is active; it is a maintained balance requirement
- ⚠Annual PRA fee (USD 360/yr) is non-negotiable — missing payments leads to visa cancellation
- ⚠SRRV does not grant the right to work in the Philippines — employment requires a separate work permit
- ⚠Philippines has a strict "balikbayan" privilege for former Filipinos, but SRRV is for foreigners — the two are different programs
- ⚠ACR I-Card must be renewed every 5 years — do not forget or you face overstay fines even with valid SRRV
- ⚠The medical certificate requirement means applicants with serious pre-existing conditions may be rejected under SRRV Human Touch sub-type — check with PRA first
- ⚠Foreigners cannot own land in the Philippines (only condominiums up to 40% foreign ownership building cap, or via long-term lease) — SRRV does not change property ownership rules
Neutral reference — we don't recommend one programme over another. Programmes change: always verify each detail against the official source linked on the individual program pages.