In my case, I'm US citizen married to a Philippina (that also have a US citizenship).
I will have US generated income from investments, withdrawals from my 401K, and social security benefits.
I know that I have to pay US tax for those income and that's fine.
But will I need to pay also Philippines tax?
The Philippines - US tax treaty, does not solve the problem, since Philippines tax rate will be much higher than the US rate.
Taxes are very individualized. I always suggest speaking to a professional about specifics to your situation.
If your income is US based, you should okay. However, you may want to check about your wife's tax obligations as a Philippine citizen when she moves back to Philippines.
Here is the information from PWC's:
The Philippines taxes its resident citizens on their worldwide income. Non-resident citizens and aliens, whether or not resident in the Philippines, are taxed only on income from sources within the Philippines.Â
I'm not a tax advisor and this is not tax advice.Â