Comments by "Jeremy Barlow" (@jeremybarlow2291) on "Philippines Suspends SRRV Retirement Visa Program" video.

  1.  Go Live  The age of 35 was chosen because it is the retirement age for the South Korean military. It is also only 2-3 years before the 37-38 retirement age of US military with 20 years of service. The earliest soldiers in the US Army go to boot camp at 17, so that visa is particularly attractive to people with 2k to 5k per month in a military pension that will be untaxed in the Philippines.
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  2. Maybe the Philippines does what Panama did with a "Friendly Nations" Retirement Visa replacing the SRRV. I could see it catering to the South Korean military retirees that the original 35 age limit was set for especially as 37-38 is the age for the earliest US military retirees with 20 years of service. I mean the EU, US, Canada, Japan, South Korea, maybe other ASEAN member states, Australia, & New Zealand citizens being offered the visa on friendlier terms with a stricter investor-retirement visa being offered for countries they find less desirable seems likely to me to end up being the case. I can see Malaysia doing something similar with MM2H v 2.0, and Thailand following suite with a new version of it's Elite Visa with an even higher dollar requirement. I can also see each country adopting a formal Digital Nomad work visa & local tax regime for income earned or remitted into the country. My suspicion for version 2.0 of these new Friendly Nations style retirement visas would include proof of a passive annuity, overseas rental income, or overseas royalty income, in addition to the bank deposit.
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