COVID-19: Foreign investors allowed to enter soon

IMPACT – MEDIUM

The Philippines recently announced foreign nationals with investor’s visas and certain other categories will be allowed to enter the country soon.

 Key Points:

• Effective Nov. 1, foreign nationals with investor’s visas, 47A2 visas from the Department of Justice, and visas from the Aurora Pacific Economic Zone, the Freeport Authority and the Subic Bay Metropolitan Authority will be allowed to enter the Philippines.
• These travelers must possess a valid existing visa at the time of entry and pre-book their stay at an accredited quarantine facility.

Analysis & Comments: Allowing a limited number of foreign nationals in certain categories to enter the country soon will increase movement into the Philippines. The response to the COVID-19 pandemic continues to develop, and Deloitte will provide additional updates as information becomes available. Please check Deloitte’s COVID-19 Digital Map, available here, for information on travel restrictions and immigration changes in other countries.

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