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
- Arrested for spreading rumors – WARNINGS
- Cars not observing “lane rules” will be seized
- Conditions for issuing driving license for expats
- Home delivery option, women in prostitution
- “Shamshon” arrested in Kuwait
- Deportation of teachers
- Woman escapes rape attempt by husband and friend
- Video – The best of Kuwait Desert
- Test ride of H225 helicopter for the Kuwait Police Helicopter Wing
- 26 Asians for gambling on a pathway in Jleeb
- Waiter arrested with Gold and Cash of worth 9000 KWD
- No jobs for expats under 30 diploma holders
- 30 Men arrested from Airport
- Fake notes in market
- A pimp and three prostitutes arrested in Jleeb Al-Shuyoukh
- ‘Complaints’ tied to barbecue ban in public gardens
- Burning coal to smoke shisha KD 50 fine
- Deport Expat after 5 violations
- Higher fees for expat – KD 30 and KD 15 for partial
- Kuwait Islands Project 2035 – 200000 Jobs
Filed in: All • Expats in Kuwait • Info • Local News
Subscribe
If you enjoyed this article, subscribe to receive more just like it.
