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
- Naked Running Man Spotted in Hawally
- Its time for a change. ABOLISH 153!
- ISIS Filipino arrested in Kuwait
- Emirates plane crash-lands at Dubai airport
- Update work permit
- Validity of Residence for Family
- 3 Indians and their Kuwaiti sponsor
- 145 arrested in Jahra
- 50 Expatriates to deport
- Documentary Video on “Fires of Kuwait – 1990” (winner of the 2005)
- Kuwait monitoring 50 people
- New prices of Gasoline in Kuwait
- Mother died at the spot in accident in Hawally and twins daughters are in coma in Hospital.
- 229 arrested in Mahboula
- Comprehensive plan to deport and amend 100,000 expats
- Raid in coffee shop in Hawally
- Pakistan suspends visa abolition agreement with Kuwait
- 71 arrested in Salmiya
- The Philippine Embassy in Kuwait warned all Filipino nurses
- Fees for health services for foreigners
Filed in: All • Expats in Kuwait • Info • Local News
Subscribe
If you enjoyed this article, subscribe to receive more just like it.
