BI: 344 foreign investors received job visas

Published by rudy Date posted on June 15, 2010

MANILA, Philippines – The Bureau of Immigration (BI) yesterday reported that 344 foreign investors from 39 countries availed themselves of the agency’s job visa program since April last year.

In a statement, BI Commissioner Marcelino Libanan said majority or 141 of the foreign investors who applied for the Special Visa for Employment Generation (SVEG) program were Korean nationals.

From the SVEG program, the foreign investors through 234 companies hired a total of 34,446 full-time and regular workers. The BI earned P6.7 million in immigration fees.

BI Spokesman Floro Balato Jr. said the other SVEG applicants were 43 Chinese, 27 Americans, 19 Taiwanese, 16 Britons, 15 Indians, 11 Japanese, 11 Australians, eight Malaysians, six Singaporeans, and four Germans.

Other nationalities who availed themselves of the job visa were Austrian, Bangladeshi, Belgian, Danish, Dutch, Egyptian, El Salvadorian, Finnish, Greek, Hong Kong nationals, Indonesian, Iranian, Israeli, Italian, Jordanian, Lebanese, New Zealander, Pakistani, Polish, Sudanese, Swedish, Swiss, Syrian, Thailander and a Yemen.

Under the rules, the SVEG is issued to a foreign businessman or expatriate who has investments or is employed in a business enterprise that employs 10 or more regular, full-time Filipino workers.

The visa entitles the holder to indefinitely stay in the Philippines so long as his investment or employment in enterprise subsists. –Evelyn Macairan (The Philippine Star)

March –
IT’S WOMEN’S MONTH!

“Respect and support women
every day of the year/s!”

Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.

Accept the National Unity Government (NUG) 
of Myanmar.  Reject Military!

#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos

Time to support & empower survivors. Time to spark a global conversation. Time for #GenerationEquality to #orangetheworld!

 

Monthly Observances:
Women’s Role in History Month
Weekly Observances:
Week 1: Environmental Week;
   Women’s Week
Week 3: Philippine Industry and “
   Made-in-the-Philippines Products Week
Last Week: Protection and Gender-Fair Treatment
   of the Girl Child Week
Daily Observances:

March 8: Women’s Rights and   
   International Peace Day;
   National Women’s Day
March 4: Employee Appreciation Day
March 15: World Consumer Rights Day
March 18: Global Recycling Day
March 21: International Day for the Elimination
   of Racial Discrimination
March 23: International Day for the Right to the Truth
   Concerning Gross Human Rights Violations
   and for the Dignity of Victims
March 25: International Day of Remembrance of the
   Victims of Slavery and the Transatlantic Slave Trade
March 27: Earth Hour

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