INVESTMENT

 

Conversion of Dollar Time Deposit into Investment

              Dollar Time Deposit may be converted into Investment after 1 month from issuance of SRRV such as; Purchase of Condominium, Golf Club Membership, and Long Term Leasehold Rights of House & Lot. In that case, Retirees are required to pay annually the amount of US$500 (50yrs. old & above) or US$750 (below 50yrs. old) to PRA as Visitorial Fee.

 

I.      Checklist Re: Purchase of Condominium

II.     Checklist for Leasehold Rights

III.    Checklist Re: Investment in Proprietary/Membership shares in Golf Clubs

 

 
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