They are noted for releasing its own currency, the G-Zion, which is not recognized as legal tender by the Bangko Sentral ng Pilipinas, the central bank of the Philippines, or by any other government.

The Maharlika Nation is based on an island of Bucas Grande in Socorro, Surigao del Norte.

[4] The Maharlika Nation has denied claims that it is coercing people to pay a membership fee and branded such allegations as slander.

[1][5] The local government of Socorro says it will file a case for fraud against the Maharlika Nation for distribution currency that has no value.

The Bangko Sentral ng Pilipinas, the Philippines' central bank, does not recognize the G-Zion as a legal tender.

They advocate for a simple and natural life, prohibiting its members from consuming alcohol, cigarettes, and illegal drugs.

[7] According to the Socorro Mayor Felizardo Galameda, the group had unsuccessfully attempted to get registered as a people's organization.

[10] In October 2023, the Maharlika Nation says that it does not seek to secede from the Philippines, and has expressed support for President Bongbong Marcos.