WHAT IS THE EXTENT OF DUTY AND TAX
FREE PRIVILEGE OF RETURNING FILIPINOS/BALIKBAYANS?
The extent varies as follows:
1. Returning Resident. Personal effects and household goods used by
him abroad for at least six (6) months and the dutiable value of which
is not more than Ten Thousand Pesos (10,000.00) are exempt from duties
and taxes. Any amount in excess of P10,000.00 is subject to 50% duty
to the first P10,000.00 exemption across the board as provided for
under Section 105 (F) of the TCCP.
2. Overseas Filipino Worker (OFW). In addition to the privileges granted
to Returning Residents as described above, an OFW may be allowed to
bring in, duty and tax free Ten Thousand (P10,000.00) of USED home
appliances, provided:
a)
the quantity is limited to one of each kind;
b) the privilege has not been enjoyed previously during the calendar
year which fact must be declared under oath by the owner;
c) the owner’s passport is presented at the port/airport of
entry;
d) any amount in excess of P10,000.00 will be subject to duty and
tax.
3. Former Filipino. Professional instruments and implements, tools
of trade occupation or employment, wearing apparel, domestic animals,
and personal household effects shall be exempt from payment of Customs
duties and taxes. Provided that the change of residence was bonafide,
the privilege of free entry was never availed of before and that the
articles are brought from their former place of abode.
4
ARE FAMILY MEMBERS OF RETURNING RESIDENTS,
OFWs AND FORMER FILIPINOS ALSO ENTITLED TO CERTAIN PREVILEGES?
