Rumors say the Philippines' ASRV visa has been canceled, can the $40,000 fee still be refunded?

Recently, there has been a viral news within the Chinese community: the Philippines' ASRV visa (also known as the "mini-amnesty" visa) has been abruptly halted by the authorities!

This visa, introduced by the APECO economic zone, was famous for granting permanent residency in the Philippines for a donation of $40,000 (about 280,000 RMB). Due to its low threshold and simple procedures, it has been extremely popular among the Chinese community in recent years, and many have applied for it...

However, last month, it was suddenly cancelled by the officials! Now, all the visas held by applicants have become worthless, and what's worse, there's no guarantee that the money can be refunded!

The application requirements listed in the immigration documents are completely different from what the agents advertised! Originally, it was required to buy or rent a house in the economic zone for over five years, but the agents never mentioned this...