We work with Philippine commercial banks. An in-person visit is generally required. Minimum deposits are low and vary by bank.
The Philippines does not participate in the CRS: your account data is not reported automatically. Opening requires a local connection, for example via an SRRV visa or a Philippine tax ID. We have an office in Davao City and regularly organise discovery and investor trips there. We accompany you through the entire process, from document preparation to the successful account opening. For the residence route itself, our Nomad Package sets up exactly this foundation.
All figures are indicative and subject to change. Not investment advice.
EU account registers, EAPO, bail-in risk and de-banking — the full picture.
Five steps from order to activated account.
CRS, FATCA and national reporting obligations explained clearly.
EAPO, Lugano, foreign judgments — an honest assessment.
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Proof of address and phone number must come from the same country — and that must be a genuine residence, not a PO box address. Our Nomad Package sets up a recognised address in the Philippines, including all required documents. Fully remote, no travel required. Ready in 1–2 weeks.
All information is provided for general guidance only and does not constitute legal, tax, or financial advice. Regulations and bank policies change; always verify current requirements before proceeding.