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June 28, 2024

Philippines announces amended processes for PEZA Visa downgrading, motions for reconsideration and Temporary Visitor Visa extensions

The Bureau of Immigration (BI) in the Philippines announced significant changes to its procedures and policies governing Philippine Economic Zone Authority (PEZA) visas, motions for reconsideration of visa applications and Temporary Visitor Visa (TVV) extensions. Employers can benefit from streamlined communications and efficient processing with the new email-based PEZA Visa downgrading approval process and the online TVV extension application system. To avoid rejections of immigration applications, companies may exercise diligence in submitting necessary documents. Individuals who do not qualify for the online TVV extension application submission process may apply for extensions before the expiry of their authorized stay to maintain legal status in the Philippines.

A Tax Alert prepared by EY's People Advisory Services group, and attached below, provides additional details.

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Full text of Tax Alert