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 Day Out Fiesta , Kuwait Kuwait plans to make capacity to 4 million barrels per day (bpd) by 2020 Red Bull Bar Bahr Kuwait 2014 @redbullkuwait Christmas Bazaar by BLSK , Kuwait Talent Competition – Kuwait Street Fest Kuwait, Kuwait Free immigration seminar on New rules , Kuwait Run Kuwait , Kuwait Be aware and show your care , Kuwait Vitronic Poliscan Camera with ALPR System at Road 5 , Kuwait AFGHANISTAN & NEPAL POST EMPHATATIC VICTORIES – ACC U 19 PREMIER KUWAIT 2014 Amnesty Period – Kuwait Kuwait opens shelter for ‘runaway maids’ Unique by Balloonyland , Kuwait Groovalicious Dance Class , Kuwait World Diabetes Day At Al-Hamra , Kuwait Free movie under the stars , Kuwait Hala Expo at 360 Mall , Kuwait Red Bull 5pics photography competition , Kuwait Child raped just outside her flat in Kuwait
Most Read Posts: Kuwait MoI stops issuing family reunion visas No entry visa required from Jan 1, 2022 Cancellation of ‘no work permit renewal’… Three sites in Jahra for expatriate… US Visa Lottery Program for expats Saudi Arabia’s first alcohol store 5,000 passengers arrivals per day from May 22 New UAE visas for job-seekers, investors,… 65 deaths from road accidents in the first… Tests required for expats Filipina maid arrested Old cars are not allowed on roads Over 542,000 air passengers will use… 215,000 expats left Kuwait in 2020 4th Booster Vaccination starting from 10th… If your license was issued after 2013,… CityBus Launches ‘Gold Rush’ Raffle Draw… Kuwait sent oxygen cylinders to India Mother killed her child in Kuwait The Philippines ends ban on workers travel 7 yrs imprisonment with 2,710,000 dinars… Dana Alotaibi Stabbed to Death A vaccination certificate will be mandatory ‘Contaminated’ medicine kills at least 10 children New unified visa platform Zain Strategic Partner of VO to empower… Verifying of Expats Driving Licenses begins Transfer of residence after 1 yr of work… Islamic education teacher in Kuwait admits… A new city in Kuwait, named XZERO
Filed in: All • Expats in Kuwait • Info • Local News Tagged with: about • about kuwait • alert • bloggers • breaking news • date • events • events in kuwait • events kuwait • expats in kuwait • expats kuwait • festivals • how much send • kud • kuwait • kuwait bloggers • kuwait events • kuwait expats • kuwait festivals • kuwait labour law • kuwait news • kuwait social media • kuwait uptdate • kuwait upto date • kuwaitup 2date • kuwaitup2date • kuwaituptodate • limit • money remittances • money remittances in kuwait • news • news kuwait • q8up2date • social media • things to do in kuwait • to • top • up • up2date • uptodate • weekend • weekend events • weekend events in Kuwait • what to do in kuwait