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Destination: The Philippines
Background:
The Philippines were ceded by Spain to the US in 1898 following the Spanish-American War.
They attained their independence in 1946 after being occupied by the Japanese in World War II.
The 21-year rule of Ferdinand MARCOS ended in 1986 when a widespread popular rebellion forced him into exile.
In 1992, the US closed down its last military bases on the islands.
A quarter-century-old guerrilla war with Muslim separatists on the island of Mindanao, which had claimed 120,000 lives, ended with a treaty in 1996.
Economy - overview:
In 1998 the Philippine economy - a mixture of agriculture, light industry, and supporting services - deteriorated as a result of spillover from the Asian financial crisis and poor weather conditions.
Growth fell to about -0.5% in 1998 from 5% in 1997, but recovered to 2.9% in 1999.
The government has promised to continue its economic reforms to help the Philippines match the pace of development in the newly industrialized countries of East Asia.
The strategy includes improving infrastructure, overhauling the tax system to bolster government revenues, and moving toward further deregulation and privatization of the economy.
Customs Clearance :
Non-Residents with a 9(g), 9(d), 47(a)2, or 13A visa: original passport with a stamped 9(g), 9(d), 47(a)2 or 13A visa ,original Bill of Lading, packing list.
All household goods and personal effects are duty/tax free.
The different visa status for non-residents are : 9(g) - pre-arranged employee 9(d) - treaty traders 47(a)2 - investors visa 13A - Permanent resident visa . shippers with these types of visas upon arrival in the Philippines are entitled to tax exemption secured from Department of Finance upon presentation of the original passport with the stamped visa plus copies of the shipping documents. Tax-exemption must be secured within 90 days from visa approval and shipment must arrive in the Philippines within 60 days from shipper's latest arrival.
Information is as a guide only – Quarantine and Customs conditions may change without notice
Please contact us for updated information
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