HOME PAGE ABOUT US CONTACT US SUBSCRIBE ADVERTISE ARCHIVES
TOP STORIES NATION ECONOMY COMPANIES SHIPPING OPINION PERSPECTIVE LIFE SPORTS BANKING
SEARCH ENGINE
WWWOur Site
Anchored by Jonathan dela Cruz, Salvador Escudero, Boying Remulla, Teddy Boy Locsin and Alvin Capino
Monday to Friday
8:00pm-10:00pm

ARTICLE SERVICES
  • bookmark this page
  • print this article
  • view archive
  • Review visa for investors, BI asked
     
    By Max V. de Leon
    Reporter

    FILIPINO businessmen on Thursday called for a review of the Bureau of Immigration’s (BI) visa-upon-arrival scheme, and demanded that the program be implemented according to its original intention—to give hassle-free access to the country solely for legitimate foreign investors.

    Edgardo Lacson, the newly installed president of the Philippine Chamber of Commerce and Industry (PCCI), said the memorandum of agreement (MOA) that they signed with the immigration agency for the visa-upon-arrival program clearly limits it to foreign businessmen actively looking for opportunities in the Philippines.

    The PCCI, representing Philippine business, signed an agreement on April 10, 2007, with the BI, the Board of Investments (BOI) and the Foreign Chamber of Commerce and Industry (FCCI) for the implementation of the program.

    Under the MOA, the BI may issue temporary visitors’ visas (TVVs) upon arrival to foreign businessmen at the Ninoy Aquino International Airport, Mactan-Cebu International Airport and Davao International Airport as endorsed by the BOI, and as requested by the PCCI or the FCCI, which pertains to the established chambers of commerce of various countries operating in the country.

    “It’s not open to the public. We cannot just endorse anybody. It’s only for businessmen and investors,” Lacson told the BusinessMirror at the sidelines of the launch of PCCI’s 34th Philippine Business Conference and Expo Thursday at the Peninsula Manila.

    Lacson showed surprise over reports that the bureau is according the program even to children. The bureau had justified the visas by saying these children are dependents of the “potential investors,” but Filipino traders said business travelers normally don’t bring along their children; and that the BI’s own circulars accord that privilege to dependents of top officials of multilateral agencies or companies operating in the Philippines.

    For his part, Lacson also said the BI should not just issue the TVVs to foreigners based on endorsements of some shady groups.

    Under separate agreements it forged with the BOI and the foreign chambers, the BI had listed among the conditions for prearranged visas upon arrival the prior written endorsements of the business chambers. The BI said these chambers virtually guarantee they have prescreened the potential investors and these are legitimate businessmen.

    Documents obtained by the BusinessMirror showed, however, that the BI has issued visas to “potential investors” even if these were endorsed by “friendship” or community associations, and not chambers of commerce.

    On the part of the PCCI, Lacson said they are basing their recommendations on the requests of their sister business councils and chambers in other countries, as a safeguard for keeping out unsavory characters.

    The BI, he said, should be careful in appointing the groups that are authorized to make the endorsement so it will not be abused.

    Nonetheless, he praised the program’s good intentions in drawing in business, and said that it is supposed to stop human smuggling and irregularities—widely known to mean extortion or shakedowns—in the issuance of visas to foreign businessmen.

    But, Lacson said, “if there are bad eggs, we should weed them out.”

    For example, Lacson said the BI’s decision to extend the validity of visas granted under the scheme to three years from the original 30 days as stipulated in the MOA is a big mistake.

    He noted that 30 days is enough and that three years is too long for a foreign businessman to find opportunities in the country.

    “If they can’t find it in one year, they have no business staying here,” Lacson said.

    Anyway, Lacson said the foreign businessmen can just come back and reapply for visas should they require more time in establishing business here.

    Also, Lacson said they can opt to secure a temporary Special Investor Residents Visa, which is given to prospective investors who would deposit $75,000 with the Land Bank of the Philippines or Development Bank of the Philippines, as proof of their goodwill and real intent to invest in the country.

    BI-issued orders for the grant of three-year visas to hundreds of foreigners ahead of their arrival in the country are also cited in a complaint filed against BI chief Marcelino Libanan before the Office of the Ombudsman.

    OTHER STORIES

    SMC, Kuok in $1-B food tie-up


    Review visa for investors, BI asked


    BSP confident economy will hurdle future challenges


    2.6M more Metro folk by 2020–ADB


    RP shows strongest women’s gains in Aspac


    Meralco suit vs Peza will be withdrawn


    Oil rises to record over $145


    MWC bags $15-M contract in Vietnam


    PNOC to negotiate with Burgundy on CMOL?


    GMA forms task force on Asean charter


    PAL revives ‘Buy 1, Take 1’ promo