eOFW

Information on financial and communication services for Overseas Filipino Workers and their families

Archive for April, 2010

DFA and DTI issue warnings to OFWs against franchising scams

Posted in April 19th, 2010

The Department of Foreign Affairs (DFA) and the Department of Trade and Industry (DTI) have issued a warning to Overseas Filipino Workers against franchising scams. According to the public advisory:

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OFW money transfers now exempt from stamp tax

Posted in April 19th, 2010

by noelle in Remittance

A new law will take away the Documentary Stamp Tax on OFW remittances which means more pesos sent home for every dollar remitted. Read on: MANILA, Philippines—As the amended Migrant Workers Act come into force, overseas Filipino workers (OFWs) can now count on some P1.3 billion in extra savings with the abolition of the documentary [...]

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