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
- Four expats arrested at Kuwait Airport
- Kuwaiti girl died – signs of violence on her body
- Three towers in Kuwait hit by lightning at same time
- Shishas to be ban in cafes
- New Year ‘holidays’ from 1st Jan – 4th Jan in Kuwait
- Pakistani impersonating ‘Kuwaiti’, arrested
- Woman among 3 caught
- How to renew Online Driving License
- Six expats arrested in Kuwait
- Kuwait ready to ease business visa
- You won 50,000 KD, did you receive the call? two guys arrested
- Airport terminal to be closed
- Holidays in Kuwait in 2020
- “Syed Khadar” arrested in India
- Man dumps his friends body in parking area
- Now Expats can apply for sick leave, medical reports through Mobile App
- Indian kills himself
- ‘Runaway’ Kuwaiti girl found
- Kuwait bans domestic workers from 2 Asian and 25 African countries
- Transfer of domestic visa to company visa and driving licence
Filed in: All • Expats in Kuwait • Info • Local News
Subscribe
If you enjoyed this article, subscribe to receive more just like it.
