HOW ABOUT MOTOR VEHICLES NOT OF CURRENT
OR ADVANCE YEAR MODEL?
They shall be processed as in used
motor vehicle.
4
WHAT ABOUT USED MOTOR VEHICLES?
Only qualified individuals may bring
in a used motor vehicle which shall be duly covered by a prior authority
to import. Under appendix 1-D of BSP Circular-Letter, Series of 1995,
dated October 19, 1995, the importation of used vehicles continue
to be regulated and would therefore require prior authority from the
Bureau of Import Services (BIS), Department of Trade and Industry
(DTI).
5
WHO IS QUALIFIED TO IMPORT USED MOTOR
VEHICLES?
Under Executive Order No. 284 as
implemented by BIS, in relation to BSP Circular-Letter, Series of
1995, dated October 19, 1995, the following individuals maybe allowed
to bring in used motor vehicles:
1. A returning Filipino or a former Filipino citizen who has stayed
abroad for more than a year;
2. An immigrant to the Philippines (shall be at least a holder of
a 13G Visa duly issued by the Bureau of Immigration and Deportation).
Provided further that:
1. Only one (1) unit motor vehicle per family is allowed to be brought
in. (A motorcycle is considered a motor vehicle for this purpose).
2. The vehicle is registered in his name for at least six (6) months
prior to shipment to the Philippines;
3. Proof can be presented that the vehicle was acquired out of the
earnings abroad.
