Filipino residents can buy US stocks through apps already on their phones. GCash and Maya both offer fractional access to the US market.
Two routes buy the share. The third buys exposure to its price and nothing else.
P2P USDT23 US markets trade as perpetuals on Canborsa — 21 single names and 2 index contracts, all open from Philippines. Each one is a contract on the price.
Yes. Non-citizens can legally buy and own US stocks, and multiple platforms let Filipino residents invest in them.
GCash and Maya both offer fractional-share apps for buying US stocks.
Yes. A final tax of 15% applies to net capital gains from the sale of shares of stock in a domestic or foreign corporation, which covers US shares.
Under the US-Philippines tax treaty, US withholding tax on dividends paid to Philippine residents is capped at 25% for portfolio holdings.
Authorized agent banks may sell foreign exchange to residents for foreign-investment-related transfers only after Central Bank approval and/or registration has been obtained, where required.