Philippine taxes

No

@Kidrome48

No,

The country where the income is Earned from will be the one you owe tax too.

If its income from the US then IRS will tax it, if its earned here in the Philippines then it will be BIR.

So after moving here you will be required to file a tax return with IRS yearly.

For the last 5 years I have used the IRS affiliated free online service OLT.

So if Someone had income from both countries they would be required to report income to both.

But as far as a Expat living here off of a USA SS you only have to deal with the IRS while here.

@vehicross100

Thank you! What about investment income from us investment?

@Kidrome48

I forgot to mention I’m a dual citizen of US and Philippines, having acquired dual Filipino citizenship several years ago. But I have lived in the U S for the last 51 years and now consider it my home country. So does that mean technically I’m not an expat?  How does this affect my tax status?

Thanks,

Belen

Technically a expat is a person living in a country where they do not have citizenship.

If as you say, you have dual citizenship meaning USA and Philippines, then you are considered a citizen of both countries with all the rights regardless of which of the two countries you are residing in at any particular time.

Only way you would ever be considered a Expat is if you lived in another or third country other than where you have legal citizenship.

On taxes I am no expert but as far as I Understand, it has nothing to do with what or who you are in as much as where it was earned.

Again, Simply put, you owe the tax on earned income to the country in which it was earned.