Expat Levy Saudi Arabia 2020
Iqama renewal fees in ksa maktab amal fees work permit fees.
Expat levy saudi arabia 2020. Shoura council in saudi arabia had a meeting amongst them to discuss and carry out a study regarding expat dependent fees 2020 and its possibility of keeping the expat dependent fees or not after the year 2020 at the same level. This initiative was taken by the saudi arabia to help all the expatriates in thid difficult time and help them in budgeting during this time where everyone is busy fighting coronavirus. From this year levy on expat workers will be gradually revised upwards providing an additional impetus for employers to hire more saudis.
Exemption from expat levy for those whose iqama has expired from now until 30 june 2020 by extending their iqama for a period of three months without charge. But experts at the riyadh chamber of commerce have warned that while taxes are good for the economy in general taxing companies so dependent on foreign labor is bound to have a detrimental effect. Saudi arabia s shoura council has called on relevant authorities in the kingdom to carry out a study on the possibility of keeping expatriate fees for the fiscal year of 2020 at the same level as 2019 local media reported.
Saudi currently levies an expatriate fee on companies and as well as a dependents fee on foreign. All expats who are sponsoring dependents in saudi arabia will have to pay a monthly fee of sr 300 currently per dependent and this fee is likely to increase to sr 400 upon july 2020. Saudi arabia wishes to generate 65 billion sr in expat fees before 2020.
Iqama fees in saudi arabia for 2019 and 2020 hijri 1440 and 1441. Expat fees will continue to increase in 2020 as planned saudi finance ministry. Effective 1 july 2017 saudi arabia has implemented an expat levy which is currently applicable to dependants and will be extended to employees from next year if the company they work for hires more foreign nationals than saudi nationals.