Andy_1963
Austrian expat in the Philippines
Forum posts
158
Contacts
2
About me
Austrian
Speaks German and English
Registration: 22 January 2023
Activity
Moving to the Philippines by Agaride44
I live in America. My wife is from Cebu, but has a US passport. She has lived in the US for 20 plus years. What papers do we need to live n Cebu permanently?
In case she is not a citizen of the Philippines anymore, she can reapply for the citizenship of the Philippines in the immigration. Then she has the right to stay permanently in the Philippines. As you are married with her you can apply for the 13a ... Read More
Over Stay Visa - Child by Jason_Canadian near Clark
What happens if my child, under 2, with Canadian passport, he has PH Mom, and she is also a Canadian passport holder but recently traveled out so my wife is not an issue at the moment. My child does not have dual yet. If he overstays his 1 year ...
Hi, my son is a dual citizen. My wife is PH and I am Austrian.Question 1: Where was your child born. If born in the PH he is Philippine citizen.Question 2: Is the mother of the child from the PH? If yes, your child is a PH citizenIf I answer 1 with ... Read More
BOC declaration for large wire transfer by Johng8
We are buying a condo in Cebu and need to transfer our down payment (>$10,000) to the developer's bank account. I have read that we are required to declare this amount with the BOC, but I can't find out how to accomplish that. Does anyone know?
@Johng8 Hi, I bought a Condo in Boracay 9 years ago. There are a few things what you need to know and what my developer (Global Estate a daughter company of Megaworld) did not tell the unit owners:On the day I moved in, they wanted 200k PHP from us. ... Read More
Managing retirement savings in the Philippines by Cheryl
Hello everyone, Saving for retirement as an expat in the Philippines can be challenging. With different options, rules or even taxation, expats have to understand how it works to make informed decisions. We invite you to share your insights in ...
@Enzyte Bob Hi, I think it depends on the credit card you use.I have a Mastercard and the merchant has to pay the CC fee. The exchange Rate to EUR was always better than any cash transaction. There is fee, however, it is still cheaper to pay with ... Read More
BOC declaration for large wire transfer by Johng8
We are buying a condo in Cebu and need to transfer our down payment (>$10,000) to the developer's bank account. I have read that we are required to declare this amount with the BOC, but I can't find out how to accomplish that. Does anyone know?
Moving higher amounts out of your home country into a foreign country always triggers an alarm for possible money laundry. So the bank will check where the money you want to send is coming from. If your income (e.g. salary from your employer) allows ... Read More
Managing retirement savings in the Philippines by Cheryl
Hello everyone, Saving for retirement as an expat in the Philippines can be challenging. With different options, rules or even taxation, expats have to understand how it works to make informed decisions. We invite you to share your insights in ...
@bitmonet Hi, this was just a proposal from a lawmaker. The ATMs here give you PHP only. For each 10.000 Pesos they charge you 200+ Pesos for the withdrawal. So, if you want to stay here longer it makes sense to leave your money in your home ... Read More
BI E-services by vehicross100
Finally was able to figure out how to apply, pay and receive my ECC-B via email for a temporary exit without having to visit any BI. Now I only need to produce a hard copy at the immigration gate and good to go.For any 13a holders interested, on the ...
Hi, you can do it at the airport before you leave too. There is a counter where you can pay it. Andy Read More
Tax penalty for living in phillpines on americans by stevenkirchner2
i saw the following on the internet:Like many countries, the Philippines will tax you based on whether or not you are considered a resident. To be a resident in the Philippines, you will have to stay longer than 180 days in a calendar year.Do US ...
@stevenkirchner2 Hi,there is a double taxation treaty between the Philippines and the USA. You need to read it and check it. Also a tax consultant can help you with it.ByeAndy Read More
Retiring in the Philippines by Priscilla
Hello everyone, Why did you choose to retire in the Philippines? What are the advantages compared with your home country? What were your main considerations when deciding to move? For example, taxes, ease of transferring your pension, ...
The SRRV is an expensive option to stay in the Philippines. You can consider the 3 years tourist visa, go for a vacation to another country and the 3 years tourist visa starts again. If you are married with a filipina you can apply for the 13a ... Read More
Retiring in the Philippines by Priscilla
Hello everyone, Why did you choose to retire in the Philippines? What are the advantages compared with your home country? What were your main considerations when deciding to move? For example, taxes, ease of transferring your pension, ...
@coineken Hi,a TRV is a temporary resident visa which allows you to stay for up to 3 years. However, you need to renew the visa every 2 months at the immigration. Some immigrations (like her in Boracay) will bother you with a PRV (Marriage or Quota) ... Read More
Wise Exchange Rate by Enzyte Bob
I sent a sent a Wise transfer just now, exchange rate of USD of 57.1825.I checked the official rate, it is 57.19
When you send money to WISE it goes from your US/Europe bank account to the Wise account in the US/Europe. Then it goes from a Wise account in the Philippines to the target WISE account in the Philippines. There is no transfer bank between. This is ... Read More
How do you like living in Lapu-Lapu? by swt90alum
My wife and I are moving to Lapu-Lapu from the U.S. as soon as our house sells, and we are interested in hearing from people currently living there and how much they like it.
Hi, I got a friend on Mactan Island where Lapu-Lapu is. He has a condo in "The Reef". The condo is beautiful but very expensive.A cheaper version is Newport. Nice infrastructure, nice surroudings. Hotels, Condos, Beach.There is also a nice part ... Read More
Looking for advise for most effective remote internet device? by seluzmeu
Hello all,I've been a lurker here and I'm shy about posting anything. Here we go, Can call me Lhanie. I recently retired and planning on staying in the Philippines. My past visits there when in Pangasinan, traveling around.. I have issues getting ...
Hi, we use the Smart Unlimited internet 5G from Smart in my cellphone. This is 999 PHP per month now. It works fine here in Boracay.Greetings from BoracayAndy Read More
Good places to take kids in PH? by Eccles Bluebottle
Hi there, just wondering if anyone has first-hand experience of great places for kids to go to/see/experience in the Philippines? Happy to hear about places in Manila, or anywhere across the archipelago. Will be heading back in July for a ...
@Eccles Bluebottle Hi, my son is 7.5 years old and hw loves to play on the front beach of Boracay.If you like more indoor, go to Mall of Asia in Manila. On the top floor they have lots of kids attractions.Better kids attractions are in Hong Kong and ... Read More
Taxes for expats in the Philippines by Cheryl
Hello everyone, When settling in and living in the Philippines, you will also need to navigate the local tax system. In order to help newcomers and expats ease their tax-related experience, we would like to invite you to share your ...
I am afraid that it is not the case. It starts with 0% and depending how much you get it increases. So, no flat tax of 0% for pensions. Read More