SAUDI EXPATRIATES

The Public Prosecution on its Twitter said that, every person who leaves or comes to Saudi Arabia with a value of 60,000 riyals or more, or who arranges to transfer those values outside or inside by any means, must submit an acknowledgement of this to the competent authority at the Kingdom's crossing points. Similar : 6 items that require a customs declaration upon Arrival or Departure to Saudi Arabia

- According to the Anti-Money Laundering Law, Every person who comes to or leaves the Kingdom and is in possession of coins, bearer negotiable instruments, gold bars, precious metals, gemstones, worked jewelry or arranges transportation of these items inside or outside Saudi Arabia, by any courier or freight service or through others, with a value of 60,000 riyals or above, or the equivalent of these amount in foreign currencies to provide an acknowledgement of this.

- The Zakat, Tax and Customs authority may request additional information from the person about its source or the purpose of its use.

- The Zakat, Tax and Customs authority of Saudi Arabia may control the amount of currency, bearer negotiable, instruments, gold bullion, precious metals, gemstones, crafted jewelry for a period of 72 hours, if there is a suspicion that they are proceeds or means or that they are linked to the crime of money laundering. In case of amounts that do not reach the declaration specified in as per the specification and cases of non-acknowledgement or false declaration in accordance with the regulations. Recommend : Avoid 25% fine, if you are carrying money or gold more than the specified limit