Returning home for good? This guide is specially made for Overseas Filipino Workers (OFWs) like you who are planning to come home permanently. We’ll walk you through the steps to make your return as smooth and stress-free as possible. Think of this as your friendly companion, giving you practical tips and essential information on everything from preparing your documents to finding opportunities back in the Philippines.
Planning Your Return: The First Steps
Before you even pack your bags, take a deep breath and start planning. Coming home is a big decision, and a little preparation goes a long way. This isn’t just about buying pasalubong; it’s about setting yourself up for success in the Philippines.
Assess Your Finances: First, you need to get a clear picture of your financial situation. How much money do you have saved up? How much debt do you need to pay off? Create a detailed budget outlining your expected income and expenses in the Philippines. This will help you determine how long your savings will last and what kind of lifestyle you can afford. Consider using tools like a simple spreadsheet or a personal finance app to track your spending. Many OFWs find it helpful to consult with a financial advisor to get personalized advice on managing their funds and investments. You can even explore government programs like the Integrated Livelihood Program for OFWs offered by OWWA which sometimes provide financial assistance for reintegration and livelihood projects. This program can be a great starting point for starting a business or improving your skills. Always do your own thorough research and secure needed funding before going back to the Philippines, if the return is depending on monetary constraints.
Consider Your Future Plans: What do you want to do when you get back? Do you want to start a business, find a job, or retire? The answers to these questions will significantly impact your preparations. If you’re planning to start a business, start researching potential business ideas and creating a business plan. Look into industries that are thriving in the Philippines and identify opportunities that match your skills and interests. The Department of Trade and Industry (DTI) offers various programs and resources to help entrepreneurs, including training, mentorship, and access to funding. If you’re looking for a job, start updating your resume and networking with contacts in the Philippines. Online job boards like JobStreet and LinkedIn are great resources for finding job openings. Remember that the job market in the Philippines might be different from what you’re used to, so be prepared to adjust your expectations and adapt your skills. Preparing for your return means thinking about where you’ll be living, what you’ll be doing, and how you’ll be spending your time. It’s time for soul-searching.
Inform Your Employer and Tie Up Loose Ends: Once you’ve decided to return permanently, inform your employer well in advance. This will give you time to complete your tasks, train your replacement, and ensure a smooth handover. It also gives your employer time to prepare your final pay and other benefits. Before leaving, make sure you have all the necessary documents from your employer, such as your employment contract, salary slips, and certificate of employment. These documents will be useful when you apply for jobs or start a business in the Philippines. Also, take care of any personal matters in your host country, such as closing bank accounts, cancelling subscriptions, and settling bills. Don’t leave anything unresolved, as it might be difficult to deal with these issues from the Philippines. The earlier that this process starts, the less stressful it will be.
Gathering Essential Documents: Your Homecoming Checklist
Documentation is key to a smooth repatriation. Here’s a list of important documents you’ll need:
Passport and Visa: Your passport should be valid for at least six months beyond your planned date of return. Make sure your visa or exit permit (if required by your host country) is in order. Double-check the expiry dates and renew them if necessary. Keep copies of these documents in a safe place and also store digital copies on your phone or computer. In case of loss or theft, having copies will make it easier to obtain replacements. It is advisable to apply for renewal of your passport ahead of time. Losing your passport in a foreign land is a stressful situation.
Overseas Employment Certificate (OEC): The OEC is a crucial document that allows you to exit the Philippines as an OFW. You’ll need this to avoid paying the airport terminal fee and travel tax. You can usually obtain this certificate online or at a Philippine Overseas Labor Office (POLO) in your host country. Make sure you have all the required documents and information before applying. Keep a copy of your OEC with your travel documents. It’s a common requirement when exiting and entering the Philippines. You may visit the OWWA website for updates and guidance on this document.
Proof of Membership: Depending on your plans, you might need proof of membership in organizations like PhilHealth, SSS, and Pag-IBIG. Keep your membership cards or any official documents that prove your contributions. These documents will be useful when you access benefits and services in the Philippines. If you haven’t been contributing regularly, consider making voluntary contributions to maintain your membership and avail of the benefits offered by these agencies. These agencies are set to uplift and give access to returning OFWs.
Medical Records: If you have any medical conditions, bring your medical records with you. This will help your doctor in the Philippines understand your medical history and provide appropriate treatment. Make sure your medical records are translated into English if they’re in another language. It’s also a good idea to undergo a medical check-up before returning to the Philippines to ensure you’re in good health.
Bank Statements and Investment Records: Keep copies of your bank statements and investment records. This will help you manage your finances in the Philippines and make informed decisions about your investments. It’s a good idea to consult with a financial advisor in the Philippines to get advice on how to manage your funds and investments. Keep these documents organized and easily accessible. Bring all relevant documents for your records in Philippine banks.
Financial Matters: Bringing Your Money Back Home
Transferring your hard-earned money back home is a critical part of the repatriation process.
Choose the Right Remittance Method: There are several ways to send money to the Philippines, including bank transfers, money transfer services like Western Union and MoneyGram, and online platforms like PayPal. Compare the fees, exchange rates, and transfer times of different methods to find the most cost-effective and convenient option for you. Consider opening a bank account in the Philippines before you return to make it easier to receive funds. You can often open an account online or through a representative of the bank in your host country. Take note of the policies on maximum amounts to remit. You should also inform your partner or relatives regarding the remittance amount and expected date for safekeeping.
Declare Your Funds: If you’re bringing a significant amount of cash into the Philippines, you’ll need to declare it to the Bureau of Customs. The threshold for declaring cash is typically PHP 500,000 or its equivalent in foreign currency. Failure to declare your funds can result in penalties or confiscation. Be prepared to provide proof of the source of your funds and the purpose for bringing them into the country. Keep all receipts and documentation related to your funds to avoid any issues with customs officials. Visit the Bureau of Customs website for the latest guidelines regarding currency declarations.
Taxes and Regulations: Be aware of the tax implications of bringing your money into the Philippines. You may be required to pay taxes on your earnings or investments. Consult with a tax advisor to understand your obligations and ensure you comply with all tax regulations. The Bureau of Internal Revenue (BIR) can provide information on tax laws and regulations applicable to returning OFWs. Keep accurate records of your income and expenses to facilitate tax filing. You need to understand that you are now bound to follow Philippine regulations.
Banking in the Philippines: Familiarize yourself with the Philippine banking system. Open a bank account that suits your needs and learn about the different types of financial products and services available. Consider investing in government bonds or other low-risk investments to grow your savings. Be cautious of scams and fraudulent schemes that target OFWs. Always verify the legitimacy of any investment opportunity before investing your money. Check with the Securities and Exchange Commission (SEC) for the latest advisories on investment scams. You may want to compare high-yield savings accounts for consideration.
Finding a Place to Live: Your Home Sweet Home
Securing a place to live is one of the first things you need to do when you return to the Philippines.
Location, Location, Location: Consider your lifestyle, job prospects, and budget when choosing a location. Do you want to live in a bustling city or a quiet province? Near your family or close to potential employment opportunities? Research different neighborhoods and visit them to get a feel for the area. Consider factors such as safety, accessibility, and proximity to amenities like schools, hospitals, and markets. Don’t rush your decision; take your time to find a location that suits your needs and preferences. It’s worth getting to know the place first.
Renting vs. Buying: Decide whether you want to rent or buy a property. Renting offers flexibility and lower upfront costs, while buying provides stability and the potential for appreciation. Consider your long-term plans and financial situation when making this decision. If you’re planning to stay in the Philippines for good, buying a property might be a good investment. However, if you’re not sure about your long-term plans, renting might be a better option. Weigh the pros and cons carefully before making a decision. Buying a house in instalments is a good start.
Housing Options: Explore different housing options, such as apartments, condominiums, houses, or townhouses. Each option has its own advantages and disadvantages in terms of cost, size, and amenities. Consider your needs and preferences when choosing a housing option. If you’re single or have a small family, an apartment or condominium might be sufficient. However, if you have a larger family or need more space, a house or townhouse might be a better option. Think about the size and location. Some OFWs eventually opt to build their own houses for customization purposes.
Legal Considerations: If you’re buying a property, make sure the title is clear and free from any encumbrances. Hire a lawyer to conduct a title search and review the purchase agreement. Be aware of the legal requirements for transferring ownership and paying taxes. Consult with a real estate agent or lawyer to guide you through the process and ensure you’re making a sound investment. Do not simply trust because someone claims they are relatives or close to you. Always ensure proper documentation.
Employment and Business Opportunities: Rebuilding Your Career
Finding a job or starting a business is essential for financial stability and personal fulfillment.
Job Hunting Strategies: Update your resume and tailor it to the Philippine job market. Network with contacts in the Philippines and attend job fairs. Utilize online job boards and recruitment agencies to find job openings. Be prepared to adjust your expectations and accept a lower salary than what you were earning abroad. Focus on highlighting your skills and experience and demonstrating your willingness to learn and adapt. Many companies are looking for OFWs who can bring a unique perspective and valuable skills to their organizations. Be assertive in your job pursuit and regularly follow-up on your applications. You can also ask for help from government agencies when it comes to job search.
Starting a Business: Research potential business ideas and create a business plan. Consider your skills, interests, and available resources when choosing a business. Look for opportunities in industries that are growing and have a high demand for products or services. Seek advice from experienced entrepreneurs or business mentors. Attend seminars and workshops on entrepreneurship to learn the basics of starting and running a business. Secure the necessary permits and licenses before starting your operations. Be prepared to invest time and effort into your business and be patient in building your customer base. Talk to other entrepreneurs and understand the trade first.
Skills and Training: Consider upgrading your skills or acquiring new ones to enhance your employability or business prospects. Enroll in training programs or courses that are relevant to your chosen field. Some government agencies offer free or subsidized training programs for returning OFWs. Take advantage of these opportunities to improve your skills and knowledge. Keep abreast of the latest trends and technologies in your industry. Continuous learning is essential for staying competitive in the job market or running a successful business. TESDA is one government agency that offers vocational training and helps the skills development of OFWs.
Government Support Programs: Explore government support programs for returning OFWs, such as livelihood loans, training grants, and business counseling services. OWWA and other government agencies offer various programs to help OFWs reintegrate into the Philippine economy. Take advantage of these programs to access financial assistance, training, and other resources. Don’t hesitate to ask for help and seek guidance from government agencies. They’re there to support you in your transition back to the Philippines. Always check the legitimacy of these government programs and ask for requirements.
Healthcare and Social Services: Taking Care of Your Well-being
Access to healthcare and social services is essential for your well-being and peace of mind.
PhilHealth Coverage: Ensure you have PhilHealth coverage to access affordable healthcare services in the Philippines. If you’re not yet a member, enroll in PhilHealth and pay your contributions. If you’re already a member, update your membership records and ensure your contributions are up to date. PhilHealth offers a wide range of benefits, including hospital confinement, outpatient care, and maternity care. Take advantage of these benefits to protect your health and manage your healthcare expenses. It is wise to understand what the PhilHealth coverage entails.
Social Security System (SSS): Continue your SSS contributions to avail of various social security benefits, such as retirement benefits, disability benefits, and death benefits. If you’re employed, your employer will deduct your SSS contributions from your salary. If you’re self-employed, you can make voluntary contributions to maintain your SSS coverage. Keep your SSS records updated and file your claims promptly. SSS provides financial assistance and support to its members during times of need. You can think of it as your life insurance policy.
Mental Health Support: Returning to the Philippines can be stressful and challenging. Don’t hesitate to seek mental health support if you’re feeling overwhelmed or depressed. There are many mental health professionals and organizations in the Philippines that offer counseling and therapy services. Reach out to friends and family for support and encouragement. Take care of your mental and emotional well-being. Your mental health matters, and there’s no shame in seeking help. Joining online communities is a good start.
OWWA Programs: OWWA offers a range of programs and services to support returning OFWs, including counseling, training, and financial assistance. Visit your nearest OWWA office to learn more about these programs and how they can benefit you. OWWA is committed to helping OFWs reintegrate into the Philippine society and economy. Take advantage of the resources and services provided by OWWA. Consider joining OWWA to avail of these programs.
Adjusting to Life Back Home: Embracing the Change
Adjusting to life back in the Philippines can be a challenging but rewarding experience.
Culture Shock: Be prepared for culture shock, even if you’re returning to your home country. Things might have changed since you left, and you might experience a sense of displacement or disillusionment. Be patient and give yourself time to adjust. Embrace the changes and try to find the positive aspects of life in the Philippines. Connect with other returning OFWs to share your experiences and learn from each other. Culture shock is real, and it’s helpful to share it with others who went home.
Family and Relationships: Reconnecting with family and friends is one of the joys of returning to the Philippines. However, it can also be challenging. Be prepared for changes in your relationships and address any issues or conflicts that might have arisen during your time abroad. Spend quality time with your loved ones and rebuild your relationships. Communicate openly and honestly with your family and friends. Remember that relationships take effort and maintenance. Make an effort to reconnect with old friends and relatives.
Patience and Perseverance: Life in the Philippines might be different from what you’re used to. Be patient and persevere through the challenges. Don’t give up on your dreams and goals. Focus on the positive aspects of your life and celebrate your successes. Remember why you decided to return to the Philippines and stay committed to your decision. With hard work and determination, you can build a fulfilling and successful life back home. Your journey is not an easy one, but others have paved the way for you.
Embrace the Filipino Culture: Embrace the Filipino culture and traditions. Participate in local events and festivals. Learn the local language and customs. Immerse yourself in the Filipino way of life. This will help you feel more connected to your community and ease your transition back to the Philippines. Enjoy the food, music, and art of the Philippines. Celebrate your heritage and be proud to be Filipino. Learn the local dialect from your province.
Frequently Asked Questions (FAQ)
Q: What is the first thing I should do when I arrive in the Philippines after working abroad?
A: The first thing you should do is take a moment to relax and breathe. You’ve made it home! After that, make sure all your travel documents are in order before heading through immigration. Contact your family or friends to let them know you’ve arrived safely. Then, prioritize getting a local SIM card for your phone so you can easily communicate and access the internet. It’s also a good idea to exchange some of your foreign currency for Philippine pesos so you have cash on hand for transportation and other immediate needs.
Q: How do I transfer my money from my foreign bank account to a Philippine bank account?
A: There are several options for transferring money to the Philippines. You can use traditional bank transfers, which might take a few days but are generally secure. Money transfer services like Western Union or MoneyGram are faster but might have higher fees. Online platforms like PayPal or Remitly are also popular choices. Compare the fees, exchange rates, and transfer times of different methods to find the one that best suits your needs. Consider opening a bank account in the Philippines before you return to make the process smoother.
Q: What are the requirements for starting a small business in the Philippines as a returning OFW?
A: Starting a small business in the Philippines involves several steps. First, you need to register your business name with the Department of Trade and Industry (DTI) for sole proprietorships or with the Securities and Exchange Commission (SEC) for corporations. Then, you’ll need to obtain the necessary permits and licenses from your local government unit, such as a Mayor’s Permit and a Sanitary Permit. You’ll also need to register with the Bureau of Internal Revenue (BIR) to obtain a Tax Identification Number (TIN). Researching your business idea and creating a business plan will also lead to success! The DTI website has all the necessary information.
Q: How can I access government assistance programs for returning OFWs?
A: The Overseas Workers Welfare Administration (OWWA) offers various programs and services to support returning OFWs. You can visit your nearest OWWA office to inquire about livelihood loans, training grants, and other forms of assistance. The National Reintegration Center for OFWs (NRCO) also provides reintegration assistance and support services. These agencies can help you access financial assistance, training, and counseling to facilitate your transition back to the Philippines. Check the OWWA’s website for updated information and programs.
Q: How do I adjust to the cost of living in the Philippines after living and working abroad?
A: Adjusting to the cost of living in the Philippines requires careful budgeting and planning. Before returning, create a detailed budget outlining your expected income and expenses. Research the prices of goods and services in your chosen location to get a realistic sense of the cost of living. Be prepared to adjust your lifestyle and spending habits. Cook at home more often, take advantage of public transportation, and look for discounts and promos. It’s worth checking the Numbeo website for statistical data of cost of living in the Philippines. Also, consider generating additional income through freelancing or part-time work.
Call to Action
Are you ready to come home for good? Don’t let uncertainty hold you back. Take the first step towards a brighter future in the Philippines. Start planning your return today, gather your documents, and explore the opportunities that await you. Remember, you’re not alone. There’s a community of OFWs ready to welcome you back with open arms. Embrace the challenge, celebrate your heritage, and create a life you love in your homeland. Your journey starts now!
References
Bureau of Customs
Department of Trade and Industry
Numbeo
Overseas Workers Welfare Administration
