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
- Seminar : Walk in Seminar on UK Entrepreneur and Investor
- Yoga at the Park (Only for ladies)
- Kuwait Ordered to pay 5000 KD to School Girl
- Prostitution ring busted – Sri Lankan, Filipino and Ethiopian arrested
- 129 arrested in Farwaniya , Kuwait
- 20,000 visas issued
- Cancellation of sponsorship system completely
- Residency Cards for expats instead of stickers on passports
- 47 arrested around Kuwait International Airport
- USA plane heading to Kuwait, Pilot failed to response and need a Fighter Jet to alert the pilot
- Speech : If it is your last Ramadan ?
- Night Run at Scientific Center
- Zimbabwean woman forced to sleep with 10 men to buy the ticket to travel to home
- Video – A young man beaten the girl on road and snatched her bag in Salmiya
- Decision issued on transfer fees – 250 , 300 and 350 KD
- Beggars will be deported
- Kuwait will stop issuing visas during month of Ramadan
- Come join us this start and learn 7 Ways to prepare for Ramadan
- Korean Fan Calligraphy Event
- 14 Kuwaiti citizens and residents died due to drug

Filed in: All • Expats in Kuwait • Info • Local News