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
- Drugs Smugglers by use of Drone arrested
- Police Chase caught in Camera
- Trace of magic found in one of the graves
- 8,004 illegal residents
- 26,000 workers needed in Kuwait
- 172 arrested in Hawally
- Raising service fees for expatriates
- Kuwait again bans Bangladeshi workers
- Four guys arrested
- No Maids to Kuwait
- Snakes and monkeys found from the home
- Kuwait to launch insurance hospitals for expats
- Conditions & Exempted Jobs for getting a driving license
- Procedure to bring your child to Kuwait
- 3 Pakistanis, an Indian and a Bangladeshi arrested
- 16 Pakistanis arrested in Kuwait
- Kuwait advised to check your phones before travelling
- Move bachelors from Salwa
- Blast kills 10 in Philippine
- Saudi Arabia Announced the Eid al Adha
Filed in: All • Expats in Kuwait • Info • Local News
Subscribe
If you enjoyed this article, subscribe to receive more just like it.
