Bringing Money to the Philippine/How much Money do you Need/Retirement in Dumaguete/

Money you will need in the Philippines/Exchange Money in the Philippines/Money Matters/Moving to the Philippines/Cost of living in the Philippines
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[@mdoc140]

If flying out of US, you must declare amounts over $10000, you must declare BEFORE you leave the states. Then once you arrive in Philippines you must declare upon arrival. You MUST declare TWICE.

[@mikesphilippineretirement]

Thank you for the info

[@Ocean-in-Motion]

Even when you are in Philippine if you deposit more than $10,000 in a month, they will report this deposit to IRS.

[@mikesphilippineretirement]

No there is a form you and the bank file if you have over 10,000 USD in your account even if for one day to the state department....Even if you have mult accounts with different banks if your total balance is over 10,000 you must file yearly

[@mdoc140]

@@Ocean-in-Motion Any US person with foreign assets over $10000 in a foreign financial institution overseas must file an annual FBAR report. The foreign institutions only report the bank accounts of US citizens not that a person has deposited $10000 or more. It's an individual responsibility to report the amount each yeat

[@mdoc140]

@@mikesphilippineretirement not entirely true. When you open a foreign account, yes there is a form the institution has to file to the US under the FATCA act however, it must be filed for ALL accounts regardless of amount deposited. It's the individual's responsibility to file FBAR every year if the amount exceeds $10000. Have been doing this since the act was instituted.

[@joeconrad3828]

I came to the same conclusion about travel bags myself. Mine was thick Cordura nylon with a wire mesh inside to make it cut-proof. Well made, but I couldn’t find good ways to anchor it in hotels and Airbnbs. Hidden spots with pipes had flimsy PVC piping, easily pulled apart. Sturdier anchor points like radiators and stair railings left the bag visible out in plain sight and as you mentioned, these bags might as well have a sign on them saying “Steal me! Valuables inside!”

[@curlytop242923]

Very Helpfull Thank you !!

[@lowes891646]

Thanks, Mike. More strong common sense to put us on the right road. And yes, Vloggers will say, "These bags are the best! Just click the link below... so I can get paid...". And then, they talk about Filipinos ripping you off. Be careful who you follow, guys.

[@mikesphilippineretirement]

yes ..Thanks for the comment

[@shaneross64]

Very helpful Mike thank you.

[@richardkorejwo6398]

More Great Info.thank you

[@mikesphilippineretirement]

Glad it was helpful!

[@johnsantomassimo1103]

Great information Mike. Thanks for sharing.

[@mikesphilippineretirement]

Any time!

[@williameaton7984]

Thank for posting videos like this. They are very informative.

[@mikesphilippineretirement]

Glad you like them!

[@garydavis9887]

thx,,good advice !

[@mikesphilippineretirement]

Glad it was helpful!

[@GradyGordon-bl9py]

A lot of great advice. Thanks, Mike.

[@mikesphilippineretirement]

Glad it was helpful!

[@user-bh1se9hn9j]

Exactly you need to tell your arriving

[@DHarri9977]

Hey Mike/Janet, all good sound advice, situational awareness while you are out in about is key as with many common-sense steps to protect yourself, keeping these issues to the forefront is a good reminder for anyone traveling both domestically and internationally.

[@mikesphilippineretirement]

thanks for sharing

[@glenkotten294]

Great video!

[@mikesphilippineretirement]

Thanks!

[@billyakin3301]

Thanks Mike 😊

[@mikesphilippineretirement]

Hi Billy your welcome

[@davidcraycraft9717]

Great video

[@mikesphilippineretirement]

Glad you enjoyed it

[@artparkgarden8849]

Thanks for the info Mike! Yeah I always thought those bags were lame. Glad to hear your thoughts.

[@mikesphilippineretirement]

Found no place to use them

[@charlesbronson5235]

Extremely informative and pertinent information ℹ️✅👌🏻👍🏻

[@mikesphilippineretirement]

Glad you think so!

[@johnclark1469]

Mike Contrats on the 10k subs! appreciate the info. Hope to see you in a couple weeks when at the Sierra resort the end of this month. You have been helpful in the prep. Thanks, John

[@mikesphilippineretirement]

Sounds good!

[@floribertosousa2251]

Thanks Mike for a great informative video. Keep up the great work.

[@mikesphilippineretirement]

Thanks for watching!

[@wayneheter2026]

Thank you so much for all the information. God bless you and your family.

[@mikesphilippineretirement]

You are so welcome

[@pinaysaparisvlogbeth4268]

Thank you, Mike, for this helpful advice . I am going to share this information with my boyfriend coming to the Philippines soon 👍😘

[@mikesphilippineretirement]

Glad it was helpful!

[@GuttersnipeNFT]

Use the tote bag as a decoy for your valuables. Throw some junk in there or a very low amount of money that you wouldn't miss and carry it around with you. If anyone tries to steal from you they will go for that bag and your real valuables stay safe.

[@reread2549]

I’ve had consistent problems with Philipine banks, not accepting any of my 30 or $40 bills.

[@jamesgriffin-8438]

Ty. You. For. Imf

[@eduardodavidbasilio1658]

I'm happy for you that you found your happiness & comfortable / peace in life.I pray that it will last for life what you have now. Just always pray and GOD will do the rest.peace

[@mikesphilippineretirement]

thank you

[@anthonythompson2563]

Thanks Mike I admit I have a lot of concerns, possibly transferring my life to a new country your videos are direct and very informative.

[@mikesphilippineretirement]

Glad to help

[@jimscholz2997]

It is nice to see your channel growing. You give wonderful advise. Thanks for posting your adventure. I carry one of those bags, not so much for security, but just because it is not bulky and is easy to take on/off... Yes, your advice that when a foreigner pulls out his roll of cash many eyes are on him, mostly for curiosity, but still...

[@mikesphilippineretirement]

Awesome! Thank you!

[@steve3416]

Thanks Mike for the info. Any info like this is valuable to know. Trying to learn and prepare as much as I can. 4 months and counting til I'm in Bacolod City, Philippines with my family.

[@mikesphilippineretirement]

Glad it was helpful! time goes by fast

[@mikesphilippineretirement]

Thank you so much

[@TB-xx4gc]

The thing I've always done when I travel is to take several thousand dollars in cash (the amount dependent upon how long I'll be traveling), a debit and credit card. Upon arrival to my destination I immediately start using a debit card to take out cash and stash the cash I brought with me in case I need it in an emergency. The worst thing for me is to blow through my cash first and then find I'm having a problem with my card(s).

[@mikesphilippineretirement]

Cpuld be a problem

[@mikejones5364]

Same here, I will usually bring about 6k USD all in 100 dollar bills, and like you I will start hitting them ATM machines which last time I was there would give me 10,000 peso per transaction and my schwabb account would let me draw a maximum of $1000 USD per day. That is the easy way to do it. My trips are usually just 30 days and make a couple per year.

[@TB-xx4gc]

@@mikesphilippineretirement And why is that? It's never been a problem in the past and has, in fact, worked out well for me.

[@mikesphilippineretirement]

@@TB-xx4gc No it is a good idea but some machines you can only get 10k at a time

[@francisrawlings751]

Hey Mike I’ve just recently stumbled upon your channel and I think you do a great job so thank you for that. I’m thinking of retiring to the PI and you and some other KZbinrs are very insightful and help tremendously. I also wanted to give you a Woof Woof as I noticed your Brownie bear hanging in the background - love it! Take care and maybe I’ll see you sometime in the near future.

[@mikesphilippineretirement]

keep in touch my friends

[@michaeljones4715]

Mike I'm going to start calling you the Trailblazer, because I appreciate you blazing a trail for me

[@mikesphilippineretirement]

thanks I like that

[@MsVroege]

Always put your bag infront of you when you have tons of cash in there and not in the back or side cuz the picpocketer are very fast to steal your cash and if you leave it in your luggage make sure that you have padlock on it. When you get money from your pocket make sure not to show your bundle of cash cuz it's a magnet for the pickpocketers and you cannot leave your bag in the table when you eat in any restaurant or fast food also make sure too that your bag attach to your body not let it loose in a chair and then you eat your food.

[@mikesphilippineretirement]

thanks for sharing

[@GB-AK]

I have our tickets already and will be there in March for two months. We plan to bring around $8K in cash. We have a lot of nephews and nieces to give money to. About a month before leaving ,I'll go to my bank and order new bills. It can take them a week or two to get the new bills in. I also plan to open a Charles Swab account and give that a try.

[@MichaelWilliams-iy2oc]

Hi 200% what you say I’m be coming to the Philippines over 20 times just holiday and I been doing what you say day or night I carry so money 1 pocket And over money the other and if I need to top up, I go to cr lol no one sees when you’re carrying. When I change big money, I have one of those money-belts that go around your belly and put my money straight into that to transport back. I’ve only been putting my money in the safe in my room but sometimes I lock some in my suitcase hidden I’ve never lost any. I have heard some people get a safety deposit box in a bank but I’m not sure about that one. Take it easy and keep up the good work 😊

[@mikesphilippineretirement]

thanks for sharing

[@MsVroege]

World Remit is easy, fast and cheap because I use it when i send to my relatives there in PH.

[@mikesphilippineretirement]

I also use world remit

[@kellyinPH]

Common sense isn’t so common to all so it’s nice to hear it again. 👌

[@mikesphilippineretirement]

Thanks Kelly

[@kellyinPH]

You are my fav you tuber. Seems most from your area are living quite large and out of reach for a lot of retirees

[@mikesphilippineretirement]

many live here on 1500usd I have a 1700 usd budget

[@ericeengel2446]

Janet and Mike congrate on your 10k subscriber, where is the cake 🍰🍰🍰?

[@mikesphilippineretirement]

Thank you 😋Hmmm cake sounds good

[@williamwilkins2797]

When I travel I always wrap my wallet with rubber bands. then always keep it in my front pocket.

[@mikesphilippineretirement]

Thanks for the advice my friend

[@napoleonmdusa8877]

Remember--do NOT think hiding your money throughout your hotel or apartment will be effective. Anyone looking for money will know about ALL the hiding places that people use--there won't be anyplace you can think of that they won't know about.

[@mikesphilippineretirement]

any advice on where to put your money

[@key39762]

@@mikesphilippineretirement maybe a career criminal will no but a person who's doing this for the first or second time maybe not.

[@One-12937]

Just book a hotel with a safe, easy. You can also buy a small traveling safe for your trip, Amazon sell them for cheap. If you’re living in the Philippines for awhile just buy a safe, easy. You guys acting like there’s no simple solution. 😂

[@eriksundstrom6826]

Hey Mike. I too heard that Charles Schwab checking acct and debit card was good for international travelers. However, recently I heard from a couple of other vloggers that if Schwab finds out that you are actually living in the Philippines, they will inform you that they will close your acct. I guess this affected one expat that was having his SS deposited into Schwab and was informed acct was being closed once discovered he was actually living in PI.

[@mikesphilippineretirement]

Yes Charles Schwab works fine here..I just tell them I'm on vacation and not living here

[@michaelcrews2229]

Great video Mike a lot of good advice if you have some free time could you check out what the prices for major medical care such as heart attack stroke would be

[@mikesphilippineretirement]

I can not find the price of that

[@MikeMayIhaveurchips]

I use Wise to transfer my monthly disability pay... works pretty well

[@mikesphilippineretirement]

thanks for the info

[@tlroy]

Another "Wise" man!

[@Medic-lx1ne]

Gio is pushing that bag

[@mikesphilippineretirement]

many you tubers are not just ones in Philippines

[@key39762]

damn been thinking about getting that bag. now I got to re think. lol thanks

[@mikesphilippineretirement]

welcome

[@truthbetold6496]

excellent video, for the credit card they expire so its another thing to look into for retirement. I guess for me might be best to get an international bank movie all my money in there.

[@mikesphilippineretirement]

check out the requirements to open first

[@truthbetold6496]

@@mikesphilippineretirement HSBC Bank Canada - philippines, there are various branch in the PH. That would probably makes things easier when you are in the Philippines to get an interact card and credit cards. Also if i want to buy a condo and a scooter.

[@paulfratus6130]

Thanks Mike, You are the 1st one I heard that Tote Bags are not that good. I bought 1 , you are not post to be able to cut threw the Tote bag..

[@mikesphilippineretirement]

yes it is strong and you can not cut it...But if you pull your money and important things in it you still have to hide it...as for cutting put your backpack in front when in crowds like most Filipinos do..

[@GB-AK]

Who would use one of them bags? That has to be about the dumbest thing I ever heard of. I just take what money I need and my drivers license and it goes in a front pocket. If you need a place to put your money get a book with the center cut out.

[@majtom5421]

My GF had a BDO account, one day we went to BDO and I took money out with my US debit card. I gave her half to deposit in her account so we could also use her debit card. When she went to deposit money that came from the BDO ATM the would not accept some of the bills that just came out of their own ATM.

[@mikesphilippineretirement]

peso or USD

[@Re3iRtH]

Naaa naaa naa wait til I get my money right

[@rollinsstoned0397]

Great video! Would you have any information for someone to retire and buy a bar in the Philippines? Thanks for all the great information! Rock on!

[@mikesphilippineretirement]

sounds like a great business here...on a tourist visa you can not own or work any place

[@cdmorrissy3692]

I made a (sweatproof) "secret inside the pant" pocket, which attaches (with Velcro) to the inside of the waistband, and it can carry 100 - $100 U.S. notes (only 3/8" thick) undetectable. I'll carry my ID, credit/debit cards and larger amounts of cash in it, and only carry my phone and 20,000 Pesos (or less) in my front pockets. I'm not worried if I get robbed, as they'll just get the front pocket items, and even IF (some how) they manage to get my "secret money", it's no big deal, as I'm "loaded".....

[@mikesphilippineretirement]

throw some our way...hahaha...

[@Gregory-Masovutch]

You shouldn’t have to bring any money to the Philippines. Many US Banks allow you to do wire transfers from any computer both domestically and internationally. Wells Fargo even has remittances for only $4 for around a few thousand dollars. What you do need to do is set up a Philippine bank account. You will need an ACR card for that or be married to a Filipina. Even without a Philippine bank account, you can still send money western Union to yourself in the Philippines.

[@mikesphilippineretirement]

thanks for the info

[@GB-AK]

You get a better exchange rate with new bills.

[@garrylafferty100]

Expats say little crime Philippines be aware there crime a lot

[@mikesphilippineretirement]

Crime everyplace you go in the world

[@garrylafferty100]

@Mike's Philippine Retirement that all I'm saying they don't live In Compound to just keep dogs out

[@JenGioPhilippineJourney]

How about a safe that you mount to the floor like we use in America ?

[@emilydayrit757]

How about medical? Thank you for all the infos!

[@mikesphilippineretirement]

what do you mean?

[@marcrichard7251]

Reekay used to advertise it and l never thought it was a good idea….

[@mikesphilippineretirement]

Yes I saw him show the bags

[@alexshortsplus]

Western Union requires Philippines national id to receive the money...any other Id will not be accepted.

[@mikesphilippineretirement]

if you send it to yourself do you need a filipino ID ?

[@alexshortsplus]

@@mikesphilippineretirement ..if you send from usa you need drive license or some national id....the Filipina needs national philippines ID to receive it.

[@505robin]

Mike I flew in on quitar airlines feb 22 and it’s the first time you dident have to fill out a declaration form so maybe they stoped requiring it I don’t know

[@mikesphilippineretirement]

I will check into that

[@georgefair3244]

Hello Mike, I have clothes that have Hidden Pockets on the Inside to Hide My Money when I am traveling anywhere. I carry two wallets and two phones just In case if I get Robbed. I would give them the old phone and wallet with just a little cash in side. Take care.

[@mikesphilippineretirement]

thanks for the info

[@JenGioPhilippineJourney]

USAA open a account with them same like Charles Swab

[@stevier3510]

Is there a way of setting up an international bank account such as one offered by HSBC so that regular pension amounts can be paid directly into it? Asking from the UK

[@mikesphilippineretirement]

Sure very large balance need to open and keep some as high as 75k usd

[@Synfulz]

If the source of a large wire transfer is known for example, then there is no real issues. I wired our startup funds to our dollar BDO account. Had zero issues. As far as monthly funds I just use my ATM which I get rebated fees. When I flew in I brought about 8K. I asked for new $100 dollar bills from my bank in the US. I then bought currency sleeves like collectors use from Amazon. They are cheap. I had zero issues exchanging all my bills.

[@mikesphilippineretirement]

great info thanks

[@leosanchesbr]

If there is no place to put your valuables maybe it is because there is no thieves there. How does tha sound to you?

[@charlescox2840]

I know that I can order foreign currency from my bank. I am not sure where I will stay. I have been wondering about those safes in room how good are they? Since I have not even walked into my bank for several years.

[@mikesphilippineretirement]

they are ok I do not use them. Many like them

[@vladidol2245]

Thank you for your ideas, Mike. One question I would like to ask. What bank would you recommend for opening an account with? Here in Dumaguete.

[@mikesphilippineretirement]

I like BDO.

[@vladidol2245]

@@mikesphilippineretirement Thank you

[@johnbergeron9997]

I've always just paid first month and 1 month deposit, anymore walk away

[@mikesphilippineretirement]

Walk away from a signed lease?

[@johnbergeron9997]

I said if they want a 2 month deposit, just first month and 1 month deposit, or walk away and don't agree

[@mikesphilippineretirement]

sorry I misunderstood

[@franky3231]

I bought a Packsafe back bag. it is kind of awkward and bulky, shoulder straps don't adjust either. I was concerned about the cash but I bought it mainly for my laptop and electronics, what are you going to do with those when you leave the room?(leave it on the table, I paid 1700 for my Macbook) I will be in Cebu next week for the first time. So I am going to see if it is useful.

[@mikesphilippineretirement]

Quest hotel in Cebu we left both are laptops in the room with are camera gear no problem

[@franky3231]

@@mikesphilippineretirement Funny you say that, I have 4 day reservations at Quest Hotel in Cebu already. I am flying out this Wednesday and staying for a couple of month. My first visit.

[@mikesphilippineretirement]

@@franky3231We enjoyed it

[@annabellehurley7636]

Hey Mike will the money you bring into the Philippines taxable if more than 10k?

[@mikesphilippineretirement]

i think not...but not sure need to check on that

[@brucemunro7499]

Great advice. Gio and Reekay like their product placements for sure. Those bags are completely useless.

[@mikesphilippineretirement]

yes they have many..I will have a few someday but only if I use them and find it helpful

[@edwardpawlak2167]

Hi Mike , is that a browns doll behiend you in that picture ?

[@mikesphilippineretirement]

yes it is..I was in Cleveland 1955-1997

[@dwightmahabir5034]

What about safes in the hotel rooms?

[@mikesphilippineretirement]

Yes ask ahead if they have them nnot all hotels offer them

[@richardshupe1737]

moneygram is cheap and without investigation

[@mikesphilippineretirement]

I think they still need to verifity if international transfer

[@mkmobilegaminginthephilippines]

Im making a bank acct here in the states i live in major city they have pnb here

[@mikesphilippineretirement]

they have a branch but can you open a filipino bank account from there?

[@franky3231]

No you can't, you have to do it in PH when I checked.

[@JohnnieV]

I can’t use an atm in Philippines? What’s the max withdrawal at an atm in Philippines? Yea. I have had bills turned away for a very small tear and or writing.

[@mikesphilippineretirement]

Depends on the bank your using..I hear 10k to 20k PHP

[@Ocean-in-Motion]

Make sure you have at least 2 ATM card’s available to you. Each foreign ATM card will be charged 250 pesos per transaction.

[@jacktripper9096]

Hey Mike what VPN do you recommend ?

[@mikesphilippineretirement]

Nordvpn

[@hughdamwright9425]

hey Mike how long is the pre-marriage counseling seminar? Ill have 15k in saving with some cash then get VA pay monthly and a credit card

[@mikesphilippineretirement]

depends on lifestyle and health...send me an email

[@hughdamwright9425]

@@mikesphilippineretirement email sent subject:Hugh Damwright

[@Heru13938]

Great video. Question, do you ever worry about your safety with banks closing down like in silicone valley ? Or not being able to safely return home to your family in America as military tensions rise between China and Russia ? Many people say the Philippines will soon be invaded by China. I only ask because your videos are very inspirational, but should people take the physical and financial risks involved ? Thanks for your videos and insight. Peace.

[@mikesphilippineretirement]

If China invaded Philippines I do not think there is anyplace to hide on the planet

[@jamesbankhead117]

All it’s positive the US NAVY has a plan for China invading the PI. Taiwan is who needs to worry about being invaded

[@marcelmaly4112]

Hi Mike, how's your grandmothers' retirement house business going on? How many grandmothers are you trying to "sell" to foreigners. Yes, I do understand - you must be really desperate. Good luck with your grandmothers retirement business. I really mean it - It is obvious to me, that you really need it to stay afloat financially. Good luck to you.

[@mikesphilippineretirement]

being 68 my grandmother is long past her time here on earth...and eplain who i'm trying to sell

[@charliesult4171]

i wonder if a pre paid type of debit card would work

[@mikesphilippineretirement]

Extra cost also not sure about exchange fee's

[@god_for_you]

How are you doing, sir? I hope you are fine! I wanted to ask you if Verizon works in Filippines? I mean how I can confirm my actions on my banking account with BofA if I'm on Filippines...

[@mikesphilippineretirement]

yes it did work here under the international phone phan

[@god_for_you]

@@mikesphilippineretirement thanks! 👍

[@giosdad925]

Why not open a Philippines bank account? Why are you renting and not building your own house?

[@mikesphilippineretirement]

I have a Philippine bank account

[@mikesphilippineretirement]

Why would you build a house? when you can rent so cheap

[@SlimGlynn1]

Why carry that much cash? Just bring 3-5 credit/debit cards.

[@mikesphilippineretirement]

Extra fees with CC and some Debit cards

[@cliffpearce9043]

⭐⭐⭐⭐⭐

[@mikesphilippineretirement]

5 Stars..1st one in

[@cliffpearce9043]

@@mikesphilippineretirement finally right, been too sick to keep up, 😓😓😓😓😓

[@cliffpearce9043]

@@mikesphilippineretirement by all means folks, don't ever, never I mean ever put money in a bag, when you go see the monkeys, those cute things, I'm here to tell you don't jump all over you to get some treats and love on you, then the next thing you know, damn monkey took your moneybag,

[@cliffpearce9043]

@@mikesphilippineretirement 😂😂😂😂😂🙈🙈🙈🙈🙈

[@mikesphilippineretirement]

We thank you so much for your support

[@franky3231]

Hey Mike, since you have stayed at the Quest hotel, I have a couple of questions. I booked online and got 47 plus tax. If I am there at the hotel, would they give me a better price. I also noticed there are two Quests, Quest Hotel and Conference center and Quest Service residences(same spot?). What is the difference? Second questions, do you know if they have any restrictions if you bring a guest to the room? Thank you

[@mikesphilippineretirement]

They will not give a key to any guest...you can bring guest in until 9 pm...they have a day rate if you bring a guest to the pool 600peso. I got a better rate direct to the hotel

[@franky3231]

@@mikesphilippineretirement Hey Mike, do you know why it shows two different Quest Hotels at the same spot in Cebu when you are making reservations?

[@mikesphilippineretirement]

@@franky3231 maybe condo rentals and one is hotel..only one hotel

[@franky3231]

@@mikesphilippineretirement I found out, they have bigger apartment rooms on the top floors. One and two bedrooms.

[@mikesphilippineretirement]

@@franky3231 let me know how they are?

[@shaneross64]

I sold my RV and a couple vehicles and I've been carrying $35000 in my pocket in a zip lock bag because I don't want to deposit it in my banking account and have I r s red flags. Do you think I'll have problems taking that much money on the plane to the Phillipines with me? I'm going I'm October of this year.

[@mikejones5364]

If you bring 35k USD into Philippines and after you declare it, there is a chance someone will make a call to a friend and you maybe become a target once you step outside the doors of the airport for the rest of your trip, so be aware of that. Be smart and deposit it and get a Charles schwabb account and use debit card to withdraw, I would carry about 9K cash on your when entering so nobody knows.

[@shaneross64]

@Mike Jones thank you I appreciate the information.

[@richardshupe1737]

Charles Schwab isnt all that easy to open..if you choose to live in the PH..they will close your account...

[@mikesphilippineretirement]

Do not tell them your living in the Philippines...if you live in the Philippines open a Philippine bank account

[@richardshupe1737]

@@mikesphilippineretirement yes dont tell them but then you cant take advantage of atm feed

[@mikesphilippineretirement]

@@richardshupe1737 tell them your on vacation

[@user-bh7jl3bi1w]

Do you know a attorney to help my wife on her birth certificate.

[@mikesphilippineretirement]

same comment on different videos..send me an e mail if you really want the answer

[@RealGaryGibson]

There's a video on YT that shows a guy slicing a loktote bag open with just a good knife. So even if you tie them up to a pipe, they're still simple to get into. Useless!

[@mikesphilippineretirement]

my thinking now that I have a few

[@DonFashionBeauty]

I could just imagine see you wrestling with that big bag and trying to tie it to a dining room table

[@mikesphilippineretirement]

hahaha That would be something

[@arcticbraga322]

Do you think it is enough and ok with the authorities to bring 20K in cash with you for startup and emergency fund only? Who in the world uses checking accounts today?? BTW I'm from Europe.

[@hughdamwright9425]

Sent email hope your getting them

[@mikesphilippineretirement]

yes will reply soon

[@Re3iRtH]

There is absolute zero reason to hold that much cash in the philippines or open a bank account here. You are just asking for visibility to the government and tax authorities with no benefit to yourself.