More than 20,000 jobseekers benefited from the special visa for employment generation (SVEG) program of the Bureau of Immigration (BI) since its launch in April 2009.
According to the report of BI legal officer Cris Villalobos, 126 foreign businessmen availed of the job visa and have paved the way for almost 20,000 workers residing in Metro Manila to find a job.
Aside from Metro Manila, 45 foreigners and their dependents availed of the SVEG from Region IV, comprising of the provinces of Batangas, Laguna, Cavite and Quezon. Companies of these SVEG holders employed at least 6,977 Filipino employees. Other 151 SVEG holders are based in Regions 1, 2, 3, 6, 7, 10, 11, and 12 and created 6,327 jobs for Filipino workers.
A breakdown of the list of visa recipients showed that 128 Koreans topped the list, followed by 42 Chinese, 24 Americans, 18 Taiwanese, 13 Indians, 12 Britons, 11 Japanese, nine Australians, six Singaporeans and four German nationals.
The visa entitles the foreign holder to stay indefinitely in the country for as long as his or her investment subsists.
Under the rules, a foreigner applying for the visa shall certify that he or she maintains a lawful immigration status in the Philippines; 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 by the government to attract foreign investors to the country and at the same time generate job opportunities for Filipinos.
Mr. Villalobos, who heads the BI-SVEG one stop shop, also disclosed that the government earned more than P5 million since the government launched the program last year.
Trabaho.com thanks its following sources:
Flores, Helen, The Philippine Star. Bureau of Immigration's foreign employer visa scheme creates 20,000 jobs (Posted March 22, 2010) Retrieved March 22, 2010 from
http://www.philstar.com/Article.aspx?articleId=560145
Philippine News Agency. NCR tops BI’s job employment visa jobs (Posted March 22, 2010) Retrieved March 22, 2010 from
http://balita.ph/2010/03/22/ncr-tops-bis-job-employment-visa/
Ramirez, Jun, Manila Bulletin. 20,000 Metro residents employed by foreigners (Posted March 21, 2010). Retrieved March 22, 2010 from
http://www.mb.com.ph/articles/248854/20000-metro-residents-employed-foreigners
According to the report of BI legal officer Cris Villalobos, 126 foreign businessmen availed of the job visa and have paved the way for almost 20,000 workers residing in Metro Manila to find a job.
Aside from Metro Manila, 45 foreigners and their dependents availed of the SVEG from Region IV, comprising of the provinces of Batangas, Laguna, Cavite and Quezon. Companies of these SVEG holders employed at least 6,977 Filipino employees. Other 151 SVEG holders are based in Regions 1, 2, 3, 6, 7, 10, 11, and 12 and created 6,327 jobs for Filipino workers.
A breakdown of the list of visa recipients showed that 128 Koreans topped the list, followed by 42 Chinese, 24 Americans, 18 Taiwanese, 13 Indians, 12 Britons, 11 Japanese, nine Australians, six Singaporeans and four German nationals.
The visa entitles the foreign holder to stay indefinitely in the country for as long as his or her investment subsists.
Under the rules, a foreigner applying for the visa shall certify that he or she maintains a lawful immigration status in the Philippines; 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 by the government to attract foreign investors to the country and at the same time generate job opportunities for Filipinos.
Mr. Villalobos, who heads the BI-SVEG one stop shop, also disclosed that the government earned more than P5 million since the government launched the program last year.
Trabaho.com thanks its following sources:
Flores, Helen, The Philippine Star. Bureau of Immigration's foreign employer visa scheme creates 20,000 jobs (Posted March 22, 2010) Retrieved March 22, 2010 from
http://www.philstar.com/Article.aspx?articleId=560145
Philippine News Agency. NCR tops BI’s job employment visa jobs (Posted March 22, 2010) Retrieved March 22, 2010 from
http://balita.ph/2010/03/22/ncr-tops-bis-job-employment-visa/
Ramirez, Jun, Manila Bulletin. 20,000 Metro residents employed by foreigners (Posted March 21, 2010). Retrieved March 22, 2010 from
http://www.mb.com.ph/articles/248854/20000-metro-residents-employed-foreigners
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