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PEZA Issues Memorandum Circular 2023-045: Clarification on the Documentary Requirements in Securing PEZA Visa
On 07 September 2023, in order to ensure uniform and harmonized evaluation of documentary requirements submitted in securing the Philippine Economic Zone Authority (“PEZA”) Visa (“PV”), PEZA issued Memorandum Circular 2023-045 which will take effect immediately upon posting in the PEZA website.
On Understudy Training Program (“UTP”) or Skills Development Program (“SDP”)
Following the issuance by the National Economic and Development Authority of the Implementing Rules and Regulations (“IRR”) of Republic Act No. 11647 (An Act Promoting Foreign Investments), the UTP or SDP shall now be submitted to the Department of Labor and Employment (“DOLE”) – Regional Office having jurisdiction of the place of business of the PEZA registered business enterprise applying for a PV, subject to the applicable provisions of the Labor Code, as amended, and its IRR issued by DOLE.
In view of the above and as approved by the PEZA Board under Board Resolution No. 23-189 dated 07 September 2023, the submission to PEZA of the Affidavit of UTP/SDP shall no longer be required as a pre-requisite in securing the PV.
On Applications for Downgrading of PV
Applications for downgrading of PV under Rule XI of the PEZA – Bureau of Immigration (“Bl”) Memorandum of Agreement and its IRR, i.e., for change in employment status due to change in position, title or job description of the Foreign National (“FN”) while working in the same company/employer, may submit their request for exemption from the Order to Leave to the PEZA-FNU for endorsement to BI-PEZA for the consideration of the Bl Commissioner. This is provided that the application for downgrading under this case must be supported by, and attached thereto are the original and duly accomplished Contract of Employment of the FN and a Notarized Undertaking to immediately apply for a PV.
On Applications for PV Renewal filed less than thirty (30) days prior to visa expiry
The mandatory letter to the DG accompanying applications for PV renewal filed less than thirty (30) days prior to or filed too close to visa expiry, under the existing procedures, shall no longer be required.