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Conversion of Deposits


Conversion of the Required Deposit into Active Investment

Retirees who qualified to join the PRA Retirement Program has the option to convert their time deposit into active investments after a holding period of thirty (30) days from the date of SRRV issuance.

Investment Areas for Retirees

A retiree can choose to invest their required deposit through the following means:

a. Purchase, acquisition and ownership of a condominium unit
b. Long-term lease of house and lot, condominium or townhouse for a period not shorter than twenty (20) years.
c. Purchase, acquisition and ownership of golf or country club shares

NOTE: Former Filipinos can purchase a lot not exceeding 5,000 square meters in urban areas or three (3) hectares in rural areas for business use or other purposes.

Acquisition & Ownership of Condominium Unit Requirement Checklist & Forms
Leasehold Rights Requirement Checklist & Forms
Proprietary Membership in Golf Clubs Requirement Checklist & Forms