33,000 new jobs created by employment visa — BI

January 10, 2010 1:29 pm 

MANILA, Jan. 10 — The Bureau of Immigration (BI) reported on Sunday that some 33,000 new jobs were created last year for Filipinos after more than 400 foreign businessmen and their dependents from 34 countries were given indefinite visas by the government.

In a report to Immigration Commissioner Marcelino Libanan, BI Legal Officer Cris Villalobos said the government also collected more than P5 million in fees from the foreigners who availed of the newly-introduced special visa for employment generation (SVEG).

Villalobos, who heads the BI-SVEG one-stop-shop, said that of the 425 foreigners who were issued the indefinite visas, 271 were principal applicants and 144 were dependents.

The foreigners have investments and in some cases are expatriates employed by 185 businesses operating throughout the country.

Most of the SVEG holders are based in Metro Manila where 107 aliens availed of the visa, followed by Cebu and other Region 7 areas where 35 applied.

The visa entitles the foreign holder to stay indefinitely in the country for as long as his or her investment subsists.

Villalobos also reported that 120 Koreans topped the list of the SVEG recipients, followed by 41 Chinese, 17 Taiwanese, 16 Americans, 11 Britons, 10 Australians, nine Japanese, nine Indians, seven Malaysians, and six Singaporeans.

Statistics by regions showed the SVEG generated almost 20,000 jobs in Metro Manila. A total of 6,862 Filipinos were employed in Region IV, while approved applicants in Region VII created a total of 1,806 jobs. Central Luzon, which hosts the Clark Freeport Zone and the Subic Bay Economic Zone, netted a total of 1,519 jobs.

Under the rules, the SVEG is issued to a foreigner with an interest in a company or entity that employs at least 10 full-time and regular Filipino workers either for managerial, executive, professional, technical, skilled, or unskilled positions.

A foreigner applying for the visa shall certify that he or she maintains a lawful immigration status in the Philippines; is engaged in a viable and sustainable business; exercises managerial acts with authority to employ, promote and dismiss employees; and evinces a genuine intention to indefinitely remain in the country.

The SVEG was launched pursuant to an executive order that President Gloria Macapagal-Arroyo signed in November 2008 to attract foreign investors to the country and at the same time generate job opportunities for Filipinos. (PNA) scs/FMB


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