RSAF joins 'Sindh Shield' exercise in Pakistan with six Tornadoes    Saudi Minds Platform launched to enhance research and innovation in the Kingdom    Al Ittihad keeps pressure on Al Hilal after defeating Al Okhdood 2-1    Minister of Hajj and Umrah concludes official visit to Tajikistan and Turkmenistan    Al-Jadaan heads Saudi delegation to GCC Financial and Economic Cooperation Committee meeting    Sport Minister inaugurates the third annual Saudi Games    EU hits China with tariffs in electric car sales battle    Dozens of medical workers killed in Lebanon as WHO warns health care is 'under attack'    Haiti gang attack leaves at least 20 dead    Grammy-winning singer Garth Brooks accused of sexual assault in lawsuit    Chambers Federation opens first office to represent Saudi private sector in Canada    Israel says Hezbollah launched about 230 projectiles from Lebanon on Thursday    Revolutionizing healthcare: AI is transforming medicine and patient care    Tourism Ministry: Inbound visitor spending hits SR92.6 billion during first half of 2024    Doctor pleads guilty in Matthew Perry overdose death    Saudi athletes will compete for prizes worth over SR200 million in 3rd Saudi Games in Riyadh from Thursday    Woman with rare double uterus gives birth to twins    India puts blockbuster Pakistani film on hold    Al Hilal dominates Al Shorta with a 5-0 victory in AFC Champions League Elite    UK's Prince Harry celebrates 'little legends' at London charity awards    US country music star Kris Kristofferson dies, aged 88    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Muted Eid celebrations for millions of Nigerian Muslims    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Foreign investors urged to employ Filipinos to gain special visa
Published in The Saudi Gazette on 25 - 01 - 2012

The Bureau of Immigration (BI) has called on foreigners with businesses in Manila to employ Filipino workers so they can avail themselves of a visa that will enable them to stay indefinitely in the country.
Immigration Commissioner Ricardo David Jr. issued the appeal after the bureau resumed implementation of the special visa for employment generation (SVEG), which grants an indefinite stay privilege to foreigners with investments in business enterprises employing at least 10 Filipinos.
Holders of the SVEG, also known as the job generation visa, also enjoy multiple entry privileges, thus they can enter and leave the country as they wish without the need to secure reentry or exit permits.
David said that the BI has been encouraging foreign businessmen to avail themselves of the visa as it would generate employment opportunities for Filipinos.
The BI announced the resumption of the scheme two weeks ago when it released the revised implementing rules and regulations for the SVEG that were approved by Justice Secretary Leila de Lima.
The SVEG was first introduced in 2009 pursuant to Executive Order No. 758 but the bureau suspended the program last July pending revision of its rules to make it more responsive and relevant to the purpose of the law.
The visa is still subject to restrictions imposed by the Constitution and existing laws on foreign investments.
Lawyer Cris Villalobos, head of the BI-SVEG one-stop facility, said the new rules provided for the outright issuance of an indefinite visa to a qualified foreign applicant, instead of the initial probationary one-year visa provided in the old rules.
The Department of Labor and Employment (DoLE) shall certify that the visa applicant employs at least 10 Filipinos whose employment contracts shall also be submitted, according to Villalobos.
Under the new rules, household service workers are no longer to be counted in the 10 employees a foreigner has to hire in order to recieve an SVEG.
Instead of the office of the BI chief, a hearing officer will now process and act on the application within 15 days. The period to file an appeal of rejected application to the commissioner's office was also shortened from 45 days to 15 days.
The BI also scrapped the old rule providing for the grant of a one-year probationary SVEG while the employer complies with the requirements.
The failure to comply with the requirement of hiring at least 10 Filipino workers remains grounds for the revocation of the SVEG. Under the old rule, the holder is given a year to comply with this requirement; the new rule shortened the period to just 30 days.
The new rules also lengthened the time for the annual reporting of SVEG holders from one month to two months.
The commissioner was also authorised to conduct periodic inspections to ensure compliance, to promulgate additional rules, and to create an oversight committee to monitor implementation of the rules. The SVEG was introduced by the BI pursuant to Executive Order No. 758, in 2008, issued by then president Gloria Arroyo to attract more foreign investors and to create more job opportunities for Filipinos.
The SVEG holder is given multiple entry privileges and conditional extended stay, without the need of prior departure from the Philippines. The same privileges can also be extended to the holder's legal spouse and unmarried children below the age of 18.
SVEG applications may be filed at the BI main office or any of its field offices in the country. – DPA __


Clic here to read the story from its source.