ON RETENTION AND REACQUISITION OF PHILIPPINE CITIZENSHIP

• Former Filipino citizens may re-acquire Philippine citizenship

• Natural-born citizens of the Philippines who became citizens of a foreign country may retain their Philippine citizenship

• The taking of Oath of Allegiance is a condition for the reacquisition or retention of Philippine citizenship

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RIGHTS OF FORMER NATURAL BORN FILIPINOS TO ENGAGE IN RETAIL TRADE

• Philippine retail industry was liberalized to encourage Filipino and foreign investors to forge an efficient and competitive retail trade sector in the interest of empowering the Filipino consumer through lower prices, higher quality of goods, better services and wider choices.

• Any natural born Filipino citizen who has lost his Philippine citizenship and who has legal capacity to enter into a contract under Philippine laws may be allowed to engage in retail trade.

• A natural born Filipino citizen who has lost his Philippine citizenship may engage in retail trade provided that he resides in the Philippines.

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TAX INCENTIVES GRANTED TO NATIONAL ATHLETES AND COACHES

• Qualified National Athletes and Coaches shall be entitled to twenty percent (20%) sales discount, on sales amount exclusive of VAT.

• Benefits and privileges may be availed of by qualified National Athletes and Coaches only upon presentation of a valid PNSTM ID and Booklet

• Privately-owned establishments granting sales discounts and incentives shall enjoy tax deductions equivalent to the discounts extended to qualified National Athletes and Coaches.

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ON LEGISLATIVE NATURALIZATION

• Congress has the authority to grant Filipino citizenship to foreign nationals

• Legislative naturalization is commenced by filing a bill by any member of the Congress

• The Certificate of Naturalization is issued by the Bureau of Immigration

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