THE SHURA COUNCIL HAS CALLED FOR A STUDY ON HOW TO REDUCE THE LEVY ON FOREIGNERS IN SAUDI. THE DEMAND FOR PRIVATE SECTOR WORKERS AND DEPENDENTS TO BE REDUCED. THERE ARE CURRENTLY ABOUT 60,000 FOREIGNERS WORKING IN THE PRIVATE SECTOR IN SAUDI.
FOR THIS YEAR, FOREIGNERS WHO HAVE MORE THAN SAUDIS WILL HAVE A MONTHLY MONTHLY ALLOWANCE OF 800 RIALS AND FOREIGNERS WHO ARE LESS THAN SAUDIS A MINIMUM OF 700 RIALS. LAST YEAR IT WAS 600 RIALS AND 500 RIALS RESPECTIVELY. THE LEVY ON DEPENDENTS HAS BEEN INTRODUCED SINCE JULY 2017. 100 PER MONTH. GRADUALLY IT INCREASED. CURRENTLY, DEPENDENTS HAVE TO PAY 300 RIALS A MONTH. IT WILL RISE TO 400 RIYALS FROM NEXT JULY.
THE SHURA COUNCIL, HOWEVER, URGED THE COMMERCE AND INVESTMENT MINISTRY TO CONSULT WITH THE RELEVANT DEPARTMENTS TO ENSURE THAT THE LEVY IS REDUCED TO THE LEVEL IT WAS IN FORCE LAST YEAR AND TO STABILIZE AT THE SAME RATE. EARLIER, IT WAS REPORTED THAT THE FIVE-YEAR WAIVER OF LEVY ON INDUSTRY FIRMS WOULD BE BENEFICIAL.
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