Addendum to Sec. 2 of MC No. MCL-07-001 Re: Issuance of Pro-Investment Visa Upon Arrival to Certain Individuals

November 8, 2007

BI MEMORANDUM CIRCULAR NO. MCL-07-004

 

Section 2 of Memorandum Circular No. MCL-07-001 is hereby amended, thus:

"The Program shall be available to the following:

a) foreign investors and businessmen duly endorsed by the Board of Investments (BOI), Philippine Retirement Authority (PRA), Philippine Chamber of Commerce and Industry (PCCI), local business councils, or locals as well as foreign chambers of commerce and industry;

b) athletes and delegates to sports competitions, conventions or exhibitions;

c) delegates and participants to, resource speakers in, organizers and sponsors of international conventions/symposia/conferences;

d) foreigners, provided they are not deemed as high risk or restricted nationals, who shall come into the Philippines, individually or by tour group, with specific itinerary certified by a tour operator duly registered and accredited by the Department of Tourism pursuant to its Rules and Regulations Governing the Accreditation of Travel and Tour Services; and 1upnar08

e) such other foreigners who, in the discretion of the Commissioner, may be entitled to the benefits under this Program." ISHCcT

This Memorandum Circular shall take effect immediately upon its approval.

 

(SGD.) MARCELINO C. LIBANANCommissioner

APPROVED:

 

(SGD.) HON. AGNES VST DEVANADERAActing Secretary

 

Published in the National Administrative Register, Vol. XVIII No. 4 (October-December 2007).