SRRV + OPHL

From Membership to Philippine Retirement & Homeownership

CostCut Club is designed to create a pathway that can connect a member's participation in the CostCut Club ecosystem with long-term opportunities in the Philippines.

For qualified members considering retirement, this pathway can connect CostCut Club, PNB, the Philippine Retirement Authority (PRA), the Special Resident Retiree's Visa (SRRV), and Philippine residential opportunities within one integrated ecosystem.

The Special Resident Retiree's Visa (SRRV) is administered by the Philippine Retirement Authority and is designed for qualified foreign nationals and former Filipino citizens who wish to establish long-term residence in the Philippines.

Principal applicants must be 40 years old or above. A qualified principal may also include a legally married spouse and unmarried children below 21 years old as dependents, subject to PRA requirements.

The SRRV Classic

For the broad retirement market targeted by CostCut Club, the SRRV Classic is particularly relevant. It is available to pensioners and non-pensioners and allows the SRRV holder, subject to the program's rules, to use the visa deposit for permitted investment purposes.

Pensioner applicants must demonstrate a lifetime pension of at least US$800 per month for a single applicant or US$1,000 per month for an applicant with dependents.

For an SRRV Classic applicant with more than two dependents, the PRA currently requires an additional US$15,000 visa deposit for each additional dependent, except for former Filipinos.

The PNB Connection

PNB is particularly relevant to this proposed pathway because the PRA identifies Philippine National Bank as an accredited private bank for SRRV deposits.

The PRA requires the SRRV visa deposit to be remitted from a bank abroad to a PRA-accredited bank.

For private accredited banks such as PNB, the applicant obtains a Letter of Introduction (LOI) from the PRA before opening the appropriate account and making the remittance.

PNB then provides the required bank certification to the PRA.

This creates a natural banking pathway for the CostCut Club concept:

CostCut Club Member
↓
PNB Banking Relationship
↓
Potential SRRV Applicant
↓
PRA Qualification
↓
PNB SRRV Deposit
↓
Philippine Retirement

The CostCut Club therefore does not replace the PRA or the SRRV process.

Instead, the proposed platform can serve as a digital customer-acquisition, engagement, and financial-readiness pathway that identifies and cultivates potential SRRV applicants and connects them with the appropriate PNB/PRA process.

The CostCut Club CVA Opportunity

Once a member reaches the full 243-point CVA structure, the accumulated value represents:

243 Points × $20 = $4,860 CVA

The member can redeem this accumulated CVA through the established 50% co-pay protocol:

$4,860 CVA

→ $2,430 Member Co-Pay
→ $4,860 Prepaid Value

The resulting value is not unrestricted cash.

It becomes prepaid value within the CostCut Club ecosystem and can be directed toward the member's designated pathway, subject to the applicable program rules.

This creates the proposed bridge between CostCut Club participation and Philippine retirement or homeownership.

For Members Pursuing SRRV

For a qualified U.S.-based member preparing for retirement in the Philippines, CostCut Club can provide a pathway that connects the member's accumulated CVA as a potential financial resource or customer-development component, subject to PNB/PRA approval.

The member would first pursue the applicable SRRV option through the PRA and PNB, including satisfying the required visa deposit and all other eligibility and documentary requirements.

The CostCut Club proposal is that accumulated value could potentially be incorporated into this retirement pathway subject to PNB and PRA approval and the final structure established for the program.

This distinction is important: CostCut Club CVA is not currently an approved substitute for the PRA's required SRRV visa deposit.

The PRA's current rules require the requisite dollar deposit to be remitted from abroad to a PRA-accredited bank, and PNB is one of those accredited banks.

Once the member has established the required SRRV status and qualifying financial arrangement, the broader CostCut Club ecosystem can support the member's next residential objective.

From SRRV to Philippine Residential Living

The SRRV Classic program provides an important connection to Philippine real estate because the PRA allows an SRRV holder to apply for conversion of the visa deposit into an active investment, subject to PRA rules and approval.

The PRA's current servicing framework recognizes qualifying residential investments, including:

Acquisition and ownership of a condominium unit
Long-term leasehold rights of at least 25 years to a ready-for-occupancy condominium, townhouse, or house and lot
Other qualifying residential arrangements recognized under the SRRV investment rules.

For condominium conversion, the PRA's published requirements state that the SRRV Classic visa deposit may be used to purchase a condominium unit, with the property value required to be at least US$50,000 in Philippine-peso equivalent under the cited PRA checklist.

The conversion is subject to PRA evaluation and approval.

The PRA's published checklist also states that conversion is allowed only after the required period following SRRV issuance and that the visa deposit is used for the final/last payment, subject to the applicable rules.

This provides the proposed bridge:

SRRV
→ PRA-Approved Residential Investment
→ Philippine Condominium / Qualifying Residential Arrangement

For Non-Retiree Members

The CostCut Club pathway is not limited to retirees.

A Filipino or foreign member who is not pursuing an SRRV can use the same accumulated CVA opportunity toward a separate Own a Philippine Home Loan (OPHL) pathway through PNB, subject to PNB's eligibility requirements, financing terms, developer requirements, and applicable Philippine regulations.

The proposed pathway is:

243 Points

→ $4,860 CVA
→ 50% Co-Pay
→ $4,860 Prepaid Value
→ OPHL
→ Qualifying Philippine Condominium

This allows the CostCut Club ecosystem to serve two different consumer objectives without requiring every member to become a retiree.

Two Paths. One Ecosystem.

SRRV Pathway

CostCut Club Member
→ CVA Accumulation
→ PNB Relationship
→ PRA SRRV Qualification
→ PNB SRRV Deposit
→ Philippine Retirement
→ Residential Opportunity

OPHL Pathway

CostCut Club Member
→ CVA Accumulation
→ PNB Relationship
→ OPHL
→ Philippine Condominium Ownership

The same CostCut Club ecosystem can, therefore, cultivate future retirees and future homeowners simultaneously, while creating banking opportunities for PNB and potential demand for Philippine residential developments.

The Rental Pathway for Retirees

For an SRRV member who does not wish to purchase a condominium, the CostCut Club ecosystem can provide an additional residential option through its growing Philippine condominium portfolio.

CostCut Club has already acquired 14 condominium units, with additional acquisitions planned, creating an existing residential portfolio that can serve the housing needs of qualified retirees participating in the broader ecosystem.

Where a retiree chooses to rent rather than purchase, the CostCut Club platform can connect the retiree with qualifying condominium units within the CostCut Club residential portfolio, including properties acquired through the company's existing and proposed residential strategy.

This creates a direct connection between:

CostCut Club Residential Portfolio
→ Qualified Retiree
→ Long-Term Rental Opportunity

The broader strategic opportunity is to develop an integrated ecosystem in which CostCut Club can serve not only as a customer acquisition and engagement platform but also as a potential source of qualified residents for its growing Philippine residential portfolio.

And if the PNB OPHL relationship is eventually incorporated into the acquisition strategy, then the stronger long-term model becomes the following:

PNB OPHL → Philippine Condominium Acquisition → CostCut Club Residential Portfolio → Qualified Retiree Tenant

The Larger Opportunity

The SRRV + OPHL pathway transforms CostCut Club from simply a shopping and consumer-engagement platform into a potential cross-border customer-development engine for PNB and the Philippine market.

A member can begin as a consumer in the United States, establish a PNB relationship, participate in the CostCut Club Shopping Network, accumulate CVA, and eventually become a qualified prospect for one of two major Philippine opportunities:

Retirement through SRRV
or
Homeownership through OPHL

At the same time, the ecosystem can create qualified demand for:

PNB consumer deposits
PNB business accounts
SRRV applications
OPHL applications
Philippine condominium purchases
Philippine condominium rentals
CostCut Club participating businesses
Eton Properties and other qualifying residential developments

This is the broader proposition:

CostCut Club cultivates the consumer relationship first, develops the PNB banking relationship alongside it, and creates a pathway from everyday participation to Philippine retirement and homeownership.

Important Program Qualification

The SRRV is a Philippine government immigration program administered by the Philippine Retirement Authority.

Eligibility, visa deposits, documentation, investment conversion, and approval remain subject to the PRA and Bureau of Immigration rules in effect at the time of application.

Accordingly, the CostCut Club–PNB SRRV pathway described here is a proposed commercial and customer-development concept, not a representation that CostCut Club CVA currently qualifies as an SRRV deposit or that any particular member is guaranteed an SRRV, OPHL approval, condominium purchase, or rental arrangement.

Any integration of CostCut Club value with the SRRV deposit process would need to be formally structured and approved by PNB and the PRA before being offered to members.