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
- Expats have to give exams to change the residence
- I cannot enjoy married life without hashish
- Over 100 traffic officers punished in Kuwait
- 20,000 expats lose jobs
- Kuwaiti man and Syrian woman arrested for dogging
- Kuwaiti actress banned in Saudi Arabia
- 2nd Egyptian dies of sunstroke in Kuwait
- Cambodian Domestic workers in Kuwait
- Al Rai News : Filipino kidnapped from airport and sexual assault
- ‘Impossible to see moon on Monday’ – Eid Al-Fitr will fall on Wednesday, not Tuesday
- Indian Embassy in Kuwait warns Indians
- New systems of Residence Renewal and transfer
- Kuwaiti employer of Filipina maid charged with murder charges
- Temperatures to hit Kuwait 68 degrees C
- 35 Indians cheated
- Kuwaiti mom and daughter arrested
- 13 violations to lose your driving license
- Two women arrested
- Cooperative societies are ready to face any regional issue.
- KWD 1.000 for Civil ID Update
Filed in: All • Expats in Kuwait • Info • Local News
Subscribe
If you enjoyed this article, subscribe to receive more just like it.
