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
- MoI to update DNA
- You cannot transfer residence if company….
- Expats deported – 40,000 citations issued
- ‘Pay for power, water based on new tariff plan’
- Kuwaiti girl reunited after 25 years
- BAS & BAIA Carnival 2016
- Gang arrested
- Pretty woman stole the wallets by her beauty 🙂
- Dead body of a woman found in Jaber Ahmed , Kuwait
- 3 gays shaved
- Fight between girls in Sheesha Cafe in Salmiya
- Death Execution of 36 prisoners, including six women in Nayef palace
- Arrestation from Six Governorates
- DAESH SAID TO THREATEN TERRORIST OPERATIONS
- Easy visa policy to benefit Pakistan manpower
- 11 stores closed
- Egyptian Driver arrested for robbing the passengers
- Arrested in Hawally , Kuwait
- Residence transfer from company
- Baby’s residence for Parents earning below 250KD
Filed in: All • Expats in Kuwait • Info • Local News
Subscribe
If you enjoyed this article, subscribe to receive more just like it.
