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Tsikot Member
- Join Date
- Apr 2009
- Posts
- 2
May 25th, 2010 07:23 AM #1Mga Kababayan,
I need help!!! I have a 2000 MBZ E320 that I want to ship to the Philippines. I am a returning resident and I know that I have tax exemptions (correct me if I am wrong). One more thing that concerns me, eh yung hirap na mailabas ang kotse sa Customs kahit na completo ang papeles and all the charges and fees are paid.
And also, would I have a problem registering the car sa LTO? Please shed some light. Please advise if you have more tips on how to smoothly do this process.
Thanks in advance,
Jobe
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May 25th, 2010 09:18 AM #2
I would suggest thru Cagayan. Customs duties/taxes should not be a problem.
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Tsikot Member
- Join Date
- Apr 2009
- Posts
- 2
May 26th, 2010 04:25 AM #3So, even though all the papers are legal I still would haveto go thru Cagayan??? So if I got the car in Cagayan, would I be able to register it in any other LTO in Metro Manila?
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May 26th, 2010 09:23 AM #4
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June 5th, 2010 09:45 PM #5
I am in the same boat Jobe.
I've asked around & its gonna be a pain in the ass to bring a car home as a returning resident. Unless you are really willing to go through the hassle. And it only means you really love the car.
First, to get that tax exemption you have to apply to Bureau of Finance for the tax excemption. To do this you'll need: 1) proof you are a returning resident & you were out for more than 5 years 2) ownership of the car - registration, receipts etc 3) after submitting all this you'll have to have the approval of the Secretary of Finance.
Second, have the car registered with LTO before it leaves port of entry. LTO will require the tax excemption form.
Viola! The car is home in the Phils.
Looks easy. But its not.
You know what you can do, forget about the tax excempt, go through a broker/importer. Just pay the taxes.
As mentioned by Benzmizer, yes, Cagayan (Port Irene) is the easiest way at the moment.
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Certified MB Addict
- Join Date
- Apr 2007
- Posts
- 2,284
June 6th, 2010 12:52 AM #6Kung ako lang, mas madali pa siguro to just sell the car in the US and then buy a similar car here.
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Verified Tsikot Member
- Join Date
- Jul 2008
- Posts
- 173
June 14th, 2010 11:54 AM #7Hindi totoong "tax excempt" ang mga sasakyan ng returning Filipinos. Ang totoo ay tax excempt ang ating household effects, pero hindi ang motor vehicle. Subject pa rin sa import tax and anumang privately owned conveyance.
Retired US military ako na umuwi dito sa Pilipinas at isa yan sa mga na-realize ko nung nandito ako kaya di ko na itinuloy. Balak ko din sanang mag-uwi ng MB at E320 din, automatic transmission at ang kinis nanghihinayang ako. Pero ang taxes e almost 100% ng fair market value, ang sakit sa bulsa. Yung kasama ko nag-uwi ng Corvette, almost $18K ang binayaran niyang taxes, pero okay lang sa kanya. Ako nun e $11K ang sinisingil sa kin, pero sabi ko benta ko na lang at dito na ko bibili sa Pinas. Nung nandito ako, di ko nagustuhan ang quality ng mga MB dito, makinis sa labas pero bulok ang makina (sorry folks, IMO lang yon at di naman siguro lahat kasi mga lima lang naman ang tinignan ko).
Kaya eto nag-end up ako sa Kia Carens kasi nung nag-test drive ako e pareho ng feel ng MB ang Carens, mabigat ang feel, stable, at matulin - wala kang marinig na body noise, etc.
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June 14th, 2010 06:23 PM #8
+1 on sirs ronw123w124 & j.ching. Just sell the car abroad & buy in the Phils.
+1 sir j.ching on the Kia Carens. Nice car. I've seen it in Europe. Good reviews over there.
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