Tax Refund for Tourists in the Philippines


12% Value Added Tax refund for tourists in the Philippines in 2024

Good news to tourists and kababayan visiting the Philippines. President Ferdinand Marcos Jr. approved 12 percent value-added tax (VAT) refund for foreign tourists starting 2024.

The move is aimed to boost and revitalize tourism industry that was on a standstill for two years during the pandemic lockdown. Local business enterprises will also be incentivized as tourists facilities and airports gets a major facelift, according to PNA, PCO statement.

In addition to making things easy for foreign visitors, tourists from China, India, South Korea and Japan can get tourist visa online, a first for Philippine tourism.

Can Filipino balikbayan avail of the tax refund?

Yes, balikbayan who used their foreign passport to enter the country can avail of the VAT exception. They can refund the added tax upon existing the country.

vat refund signed
President Ferdinand R. Marcos Jr. meets with PSAC Tourism Sector Group at Malacañan Palace on Jan. 26, 2023. Marcos approved and signed the Value-Added Tax (VAT) refund for tourists in the country.

Latest news

- Advertisement -
- Advertisement -

Must read

The true meaning of the American flag

Old Glory: The true meaning of the American flag Guy...

Filipino Real Estate Agents in Chicagoland

List of Tagalog-speaking Filipino real estate agents in Chicago...

Step by step consularized document in the USA

Step-by-step consularized document for Filipino immigrants living in the...

Step by Step Apostille for Filipinos in the USA

Step by Step Apostille for Filipino immigrants living in...

Filipino educators who made history in the USA

Filipino educators who made history in the United States 2023:...
laminine usa
- Advertisement -

More stories for youRELATED
Recommended to you

error: Content is protected !!