MANILA, Philippines -- Foreign chambers and other business organizations have expressed support for the liberalized visa policy of the government being implemented by the Bureau of Immigration and Deportation (BID) saying the program will result in increased foreign investments and tourist arrivals and safeguard national sovereignty.
‘‘Most of all, our people are and can no longer be victims of fixers,” the group said in a letter to immigration commissioner Marcelino Libanan on June 4.
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Immigration Commissioner Marcelino Libanan has spelled out the liberal visa rules for foreigners coming in as investors, a move that drew the support of major business groups.
Libanan said that foreign investors and businessmen duly endorsed by the Board of Investments, Philippine Retirement Authority, Philippine Chamber of Commerce and Industry, local business councils, or local as well as foreign chambers of commerce and industry may avail themselves of Immigration’s “visa upon arrival” program.
Businessmen hailed the liberalized visa policy, saying that it “will boost foreign investments and tourist arrivals without giving up the national sovereignty.”
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