IATF expands coverage of foreign investors allowed to enter Philippines
The Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF) has expanded the coverage of foreign investors who may enter the country amid the COVID-19 pandemic.
Added to the list are foreigners with visas issued by the Bureau of Immigration pursuant to Section 9(d) of the Philippine Immigration Act of 1940 (Commonwealth Act 613), and visas issued by the Authority of the Freeport Area of Bataan, Cagayan Economic Zone Authority, and Clark Development Corporation.
Previously, only foreign nationals with visas under the Omnibus Investments Code of 1987 and Republic Act 8756, and those with special non-immigrant visas under Section 47(a)(2) of Commonwealth Act 613 and visas issued by the Aurora Pacific Economic Zone and Freeport Authority and the Subic Bay Metropolitan Authority were allowed to enter the country.
The policy of accepting foreigners with investors’ visas took effect on November 1. —Virgil Lopez/RSJ, GMA News