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“Currently, neither Saudi nationals nor foreign labourers pay income taxes, and this policy will remain in place.”How does new family tax will affect Indians working in Saudi Arabia?
The new tax is set to prove a big financial burden for the Indian expats as about 41 lakh Indians work in Saudi Arabia 3.
Saudi Arabia will introduce ‘dependent fee’ of 100 riyals per month for each dependent of foreign nationals 2.
According to The Times of India report, Saudi Arabia issues the family visa to people with a salary of 5,000 riyals (approximately Rs 86,000) per month.
Saudi Arabia to collect family tax: how to effect of Indians living there
From July, Saudi Arabia will be collecting a new tax from expats and their dependents.
Also read: Saudi king Salman’s son named crown prince: royal decreeCompanies in Saudi Arabia currently spend 200 Saudi riyals per month to cover the levy for every non-Saudi employee.
Saudi Arabia has always been popular place to go for job seekers, but there is some bad news in store for the expat community living in Saudi.
The most hit from this rule will be the Indians working in Saudi Arabia.
The ‘dependent fee’ will be 100 Saudi riyals (approx.
as declared in
Saudi Arabia collectes big family tax on dependents; burden forces lakhs of Indians to return
Riyadh, June 21: Saudi Arabia has decided to impose a family tax of 100 riyals per dependent per month on expatriates.
The Indian embassy and consulates had stepped in to distribute food packages to Indian workers.
However, with the imposition of the family tax and the subsequent return of NRIs, the Indian economy is expected to feel the impact of the excess labour force.
The “dependent fee” will be implemented from July 1 and is expected to pose a financial burden on the over 41 lakh Indian families living in that country.
I’ll be spending half my salary on dependent visas.
collected by :Mathio Rix