Research method

This dossier prioritized:

1. Board of Investments (BOI) materials, because BOI administers the SIRV endorsement process and publishes the application forms and charters.
2. Bureau of Immigration (BI) materials, because BI implements the visa and governs annual reporting and related alien-registration procedures.
3. Older BOI guidebook / rules materials where they still add detail that the newer FAQs or charters do not spell out.

Current as checked on 2026-03-30.

Core BOI sources

S1. BOI SIRV FAQ 2023

• URL: BOI SIRV FAQ PDF
• Used for:
  • who may apply
  • dependents
  • eligible forms of investment
  • bank / stockbroker conversion flow
  • application fee
  • 180-day probationary period and late-investment penalty language

S2. BOI downloadable forms / incentives page

• URL: BOI incentives forms page
• Used for:
  • confirming the live SIRV form inventory
  • confirming BOI still exposes forms for probationary SIRV, conversion to indefinite SIRV, annual report, SIRV ID, and dependent inclusion

S3. BOI Citizens' Charter 2025

• URL: BOI 1st Edition 2025 Citizens' Charter
• Used for:
  • official BOI-side processing window for probationary SIRV endorsement

S4. BOI Citizens' Charter 2025, indefinite endorsement

• URL: BOI indefinite SIRV endorsement charter entry
• Used for:
  • official BOI-side processing window for conversion to indefinite SIRV
  • confirmation of PHP 2,000 filing fee for indefinite-stage filing

S5. EO 226 implementing rules

• URL: Rules implementing EO 226
• Used for:
  • the underlying legal framework for SIRV
  • BOI-side fee schedule and fine schedule
  • confirmation that application fee is US$300 each

S6. BOI 2022 Investor's Guidebook

• URL: BOI 2022 Investor's Guidebook
• Used for:
  • detailed documentary requirements
  • proof-of-investment requirements for publicly listed corporations
  • stock-certificate annotation requirement
  • older indicative processing windows

S7. BOI investor visa FAQ

• URL: BOI investor visa FAQ
• Used for:
  • concise official statement that SIRV entitles the holder to stay indefinitely while the investment subsists

S8. BOI online assistance channels

• URLs:
  • BOI OWN
  • BOI Online Services System
• Used for:
  • locating live BOI support channels / intake systems relevant to future follow-up

S9. BOI bank-related advisories

• URLs:
  • EastWest SIRV depository-bank advisory
  • Security Bank SIRV announcement
• Used for:
  • verifying at least some currently recognized bank relationships tied to the SIRV inward-remittance process

Core BI sources

B1. BI Makati Immigration Extension Office charter

• URL: BI Makati Immigration Extension Office 2023 PDF
• Used for:
  • BI workflow timing for SIRV implementation
  • BI fee schedule for probationary SIRV and probationary-to-indefinite conversion

B2. BI 2026 Annual Report advisory

• URL: BI 2026 Annual Report advisory
• Used for:
  • current annual-report deadline for registered aliens
  • confirmation that the 2026 reporting window is 01 January 2026 to 01 March 2026

B3. BI Annual Report FAQ

• URL: BI FAQs
• Used for:
  • annual-report applicability and general alien-reporting obligations

Research caveats

BOI firewall issue

Several BOI PDFs are live but sit behind an aggressive web application firewall that blocks direct scripted fetches. Where that happened, I relied on:

• search-indexed text from the same official URL
• BI or BOI companion materials that confirm the same process detail

I did not rely on social posts or forum chatter for the core legal conclusions.

What should be refreshed before action

Before you wire money or sign brokerage paperwork, refresh:

1. the current BOI live checklist for the stock route
2. the current set of BOI-accredited depository banks
3. the current BI fee table
4. any health-entry or documentary changes that may have occurred after 2026-03-30