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Questions tagged [philippines]

The tag has no usage guidance.

72
votes
5answers
23k views

Why is a friend asking me to make multiple Money Gram transfers in my name using his money?

For the past few months, someone that I know casually is sending money to the Philippines every 2 to 3 days. He mentioned that the money is going to his family so that they can use it to travel to ...
1
vote
2answers
160 views

Cost to transfer funds from Philippines bank to US bank from real estate sales proceeds [closed]

I am a US Citizen living in California, who is currently in the process of selling a piece of land that I own at the Philippines. 20 years ago, I bought a piece of land for P250,000 pesos. I am ...
8
votes
1answer
151 views

Money saved from the Philippines

I have saved up $45,000.00 in the bank in the Philippines and I would like to bring them back to US as a returning US Citizen. Will I be taxed for this money I saved up?
0
votes
1answer
107 views

Compute average price even if I do not have the prices before

I want to know how much my average price will be after I buy a stock. The problem is I do not have the records of how much I bought the stock before. What I do have is this (sample only): Stock X: ...
1
vote
1answer
491 views

Philiipine currency check to deposit in the US

We are expecting a check from a Home Builder in the Philippines in Philippine currency. Can we deposit it in our bank here in the US and convert to US currency ?
1
vote
1answer
849 views

Gift Taxes , transferring money from USA to Philippines to my daughter

(I tried looking in other questions here if this has been asked, but not yet so I am posting) Hi Everyone I would like to know if I need to pay gift taxes if I am going to transfer ~68K USD to my ...
3
votes
3answers
176 views

Credit Card Interest

I already posted a query like this before here and I'm having another problem. As you can see in the link I provided, the one I marked as the best answer is stating that "You would need to pay the ...
5
votes
2answers
585 views

When is the right time to pay my credit?

I am confused on when is the right time to pay my credit. Here is what is written in the paper included with my card. Statement Date: 21st of the month Payment Due Date: 24 days after statement ...
-2
votes
1answer
145 views

How much will I be saving off of interests if I fully pay my mortgage earlier?

I purchased a vacant lot and opted to pay for it in installment for 60 months at an annual fixed rate. This formula was used to calculate my monthly fee: M = P[i(1+i)^n / ((1+i)^n-1)] I am currently ...
3
votes
1answer
128 views

Index Fund Tracking Error acceptable value

I'm looking at a variety of index funds. I know that tracking error, loosely speaking, is the deviation of a fund's performance from that of the underlying index. I know lower is better, but I can't ...
3
votes
2answers
35k views

How to transfer large sum from out of country to USA?

Is it easy or possible to do a large sum transfer from Philipines to USA by a Philippine citizen to buy her USA home? What is best or safest practice? I have concern about large sum restriction laws ...