Study to stop expatriates from remitting more than their monthly salary
Governmental authorities are studying the possibility of issuing a decision to instruct money exchange bureaus in the country to prevent expatriates from remitting more than their monthly salary in one month, reports Al-Qabas daily quoting informed sources.
They explained, “For example, if an expatriate’s monthly salary is KD 600, he will not be able to remit more than KD 600 to his country in one month”.
The sources clarified that the expatriates remit about 6.9 percent of the country’s total revenues, which however has a direct impact on the country’s economy. Moreover, it has been observed that the remittances have been increasing lately.
Source : Arabtimes
Kuwait News
- Events in Kuwait
- European woman arrested at Airport
- 30 cases of child abuse and 144 physical assaults reported
- Bangladeshi Entered in Kuwait for twice but on forged passport
- Wooing Iranian woman to have sex
- Hacker blackmails Kuwaiti woman
- Filipina working suspected in stealing money
- Multiple entry visit visas for Kuwait
- 300 fee for family visa
- Procedure completed to replace expats
- Fake Coffee for Sale
- Travel ban of 141,458 Expatriates and Kuwaitis
- Deportee will be deport again
- Interview of Egyptian, beaten by Kuwaiti
- Kuwait will experience the several astronomical phenomena next week
- 1400 caught in raids
- Three Kuwaiti women arrested
- Indian won equal to 410000 KWD
- Roads to close on 5th December 2017
- Liquor factories caught in five flats in Kuwait
- Taxi driver rapes 13-yr-old student
Filed in: All • Expats in Kuwait • Info • Local News
Subscribe
If you enjoyed this article, subscribe to receive more just like it.
