This seems to be a case-by-case/branch-by-branch thing; I have heard reports of people on tourist visa successfully opening a
bank account, and other stories of them not succeeding. Seems to be more likely if you are
not a
US citizen.
Indeed, there are still branch managers who do that. However, once your first SWIFT transfer arrives (four digits are enough for that), your case will be reviewed by the banks headquarter and -rest assured- closed.
BSP has become quite strict in recent years and foreigners without proper residence status (that must not necessarily be permanent but should at least be something different than Balikbayan- or tourist-visa) will not have fun with auch an account.
And then you can get on a plane, have lunch in
Singapore or Ho Chi Minh or wherever you like, fly back and you're reset to day zero, and can spend another 36 months. I know guys who have been here almost 10 years on Tourist visas.
Depends how old you are. If considered a senior from a Western country, this still works.
If still "working age" it doesn't anymore.
As long as you don't work in Philippines for a local corporation you don't need to pay tax in Philippines since you are a tourist (not allowed to work in Philippines, though remote work for foreign company they don't care).
This is unfortunately no longer the case (and was never legal).
If you work in the Philippines you have to pay taxes, even as a tourist. You will also have withholding tax deducted if you are a non-resident. The distinguishment has been abolished with the TRAIN law.
And rest assured that they will care once the delinquent gets caught.
After all the mess our gorgeous Chinese friends created in this country, even the Philippines government was forced to act. So, the good old (easy) days in PH are gone.
Just read about the Desaster with PAGCOR/POGO. As a foreigner you are always under suspicion in this country! And you do not want to spend your days/months/years in the BoI Bicutan Detention Centre.