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172
Incentives
A Balik Scientist Awardee shall be given incentives under any of the
following Program:
1. Long Term Program
• Provision of the peso equivalent of a one-way economy airfare
for the Balik Scientist Awardee, spouse and only two direct
minor dependents. For this purpose, minor dependents shall
include children who are below 18 years old and those who
are 18 years old and above but suffering from congenital
disability, either physical or mental or any disability acquired
before the age of 18 that renders them totally dependent on
the Balik Scientist Awardee for support;
• Pre-paid return airfare for the Balik Scientist Awardee, spouse
and only two direct minor dependents after satisfactorily
serving his/her contract;
• Duty-free importation of professional instruments and
implements, tools of trade, occupation or employment, wearing
apparel, domestic animals, and personal and household
effects in quantities and of the class suitable to the profession,
rank or position of the persons importing them, for their own
use and not for barter or sale, in accordance with Section 105
of the Tariff and Customs Code;
• No dollar importation of motor vehicle shall be allowed to
Balik Scientist Awardee except in pursuance with the provision
of the Board of Investments’ Guidelines on No Dollar
Importation of Second Hand Motor Vehicles of Returning
Residents/Immigrants, and such other guidelines as may be
issued by the Bureau of Importation Service and the
Department of Trade and Industry.