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Monday, July 03, 2017

Saudi Expat Dependent's Fee Must Be Paid First Before Iqama Renewal Or Exit-Reentry Visa

July 1, 2017 - Saudi Arabia has started to collect the much-talked about Dependent's Fee from the huge number of expatriates in the kingdom. Announced during last year's budget proposal, the Dependent's Levy is a part of the kingdom's plan to diversify its source of income which comes mainly from petroleum products as the price of oil remains low. As part of the government’s Fiscal Balance Program, expatriate workers are expected to pay SR1,200 for one year for each of his dependents in the kingdom. Up until Sunday morning, there was no clear indication as to the implementation of the proposal except that the fees will be collected at the time of the iqama renewal - the residency document for expatriates. In the later hours of Sunday however, expats who wanted to pay the exit-reentry visa fee for their family members were prompted by the online payment system to first clear the dependent fee for the remaining months of the validity of their iqamas (residence permits). Online transactions started displaying complete and accurately calculated amount of dependent fee based on the validity of the expat's iqama and his number of dependents. This observation was seen in online transactions of Saudi-American Bank as well as other banks in the kingdom. However, not all banks are currently reflecting the fees in the payment options, including Al Rajhi Bank. A video is also shown below (in English and Indian language). Today, it emerged clearly that the payment of dependent fee is not only directly linked with the renewal of iqama but also the issuance of exit-reentry visa, whichever comes first. The exit-reentry process can be done against single individual dependent by paying the fee up to the date of the validity of iqama. However, for the renewal of iqama it is mandatory to settle the amount for all dependents. What remians unclear now is if the fee is limited to the commercial sector and if expatriates working in the government sector are included as well. All dependents are included in the regulation, including children, wife, as well as maids and drivers working directly for a sponsor. Monthly fee for each dependent costs SR100 this year. It will double next year, then triple in 2019. In 2020, the fee for each dependent will be SR400 per month. Almost all expats are reacting negatively to the policy of taxing only expatriates. Some have already sent dependents on final exit as they themselves started seeking better opportunities somewhere else. While most residents understand that Saudi Arabia needs to give more opportunities to its nationals and tackle unemployment, they say the move is counter-productive, as expats have also been a contributing factor to the local economy. Okaz Arabic daily estimates that the dependent fee will generate SR1 billion in revenue by the end of the year and SR65 billion by 2020. However, it is unclear how much the move will take away from the economy if expats continue to send their families back home - including most of their salaries. UPDATE: A recent screenshot of AlRiyadh Newspaper is going viral all over the internet. It says that the King has cancelled all visa related fees in the kingdom. However, AlRiyadh themselves tweeted that the post was not theirs and therefore it is fake news. See the image below.




July 1, 2017 - Saudi Arabia has started to collect the much-talked about Dependent's Fee from the huge number of expatriates in the kingdom. Announced during last year's budget proposal, the Dependent's Levy is a part of the kingdom's plan to diversify its source of income which comes mainly from petroleum products as the price of oil remains low. As part of the government’s Fiscal Balance Program, expatriate workers are expected to pay SR1,200 for one year for each of his dependents in the kingdom.

 Up until Sunday morning, there was no clear indication as to the implementation of the proposal except that the fees will be collected at the time of the iqama renewal - the residency document for expatriates.
In the later hours of Sunday however, expats who wanted to pay the exit-reentry visa fee for their family members were prompted by the online payment system to first clear the dependent fee for the remaining months of the validity of their iqamas (residence permits). Online transactions started displaying complete and accurately calculated amount of dependent fee based on the validity of the expat's iqama and his number of dependents.

July 1, 2017 - Saudi Arabia has started to collect the much-talked about Dependent's Fee from the huge number of expatriates in the kingdom. Announced during last year's budget proposal, the Dependent's Levy is a part of the kingdom's plan to diversify its source of income which comes mainly from petroleum products as the price of oil remains low. As part of the government’s Fiscal Balance Program, expatriate workers are expected to pay SR1,200 for one year for each of his dependents in the kingdom. Up until Sunday morning, there was no clear indication as to the implementation of the proposal except that the fees will be collected at the time of the iqama renewal - the residency document for expatriates. In the later hours of Sunday however, expats who wanted to pay the exit-reentry visa fee for their family members were prompted by the online payment system to first clear the dependent fee for the remaining months of the validity of their iqamas (residence permits). Online transactions started displaying complete and accurately calculated amount of dependent fee based on the validity of the expat's iqama and his number of dependents. This observation was seen in online transactions of Saudi-American Bank as well as other banks in the kingdom. However, not all banks are currently reflecting the fees in the payment options, including Al Rajhi Bank. A video is also shown below (in English and Indian language). Today, it emerged clearly that the payment of dependent fee is not only directly linked with the renewal of iqama but also the issuance of exit-reentry visa, whichever comes first. The exit-reentry process can be done against single individual dependent by paying the fee up to the date of the validity of iqama. However, for the renewal of iqama it is mandatory to settle the amount for all dependents. What remians unclear now is if the fee is limited to the commercial sector and if expatriates working in the government sector are included as well. All dependents are included in the regulation, including children, wife, as well as maids and drivers working directly for a sponsor. Monthly fee for each dependent costs SR100 this year. It will double next year, then triple in 2019. In 2020, the fee for each dependent will be SR400 per month. Almost all expats are reacting negatively to the policy of taxing only expatriates. Some have already sent dependents on final exit as they themselves started seeking better opportunities somewhere else. While most residents understand that Saudi Arabia needs to give more opportunities to its nationals and tackle unemployment, they say the move is counter-productive, as expats have also been a contributing factor to the local economy. Okaz Arabic daily estimates that the dependent fee will generate SR1 billion in revenue by the end of the year and SR65 billion by 2020. However, it is unclear how much the move will take away from the economy if expats continue to send their families back home - including most of their salaries. UPDATE: A recent screenshot of AlRiyadh Newspaper is going viral all over the internet. It says that the King has cancelled all visa related fees in the kingdom. However, AlRiyadh themselves tweeted that the post was not theirs and therefore it is fake news. See the image below.
Screenshot of SAMBA Transactions for Alien Control Services under MOI Payments

This observation was seen in online transactions of Saudi-American Bank, NCB and other banks in the kingdom. However, not all banks are currently reflecting the fees in the payment options, including Al Rajhi Bank. A video is also shown below (in English and Indian language).

July 1, 2017 - Saudi Arabia has started to collect the much-talked about Dependent's Fee from the huge number of expatriates in the kingdom. Announced during last year's budget proposal, the Dependent's Levy is a part of the kingdom's plan to diversify its source of income which comes mainly from petroleum products as the price of oil remains low. As part of the government’s Fiscal Balance Program, expatriate workers are expected to pay SR1,200 for one year for each of his dependents in the kingdom. Up until Sunday morning, there was no clear indication as to the implementation of the proposal except that the fees will be collected at the time of the iqama renewal - the residency document for expatriates. In the later hours of Sunday however, expats who wanted to pay the exit-reentry visa fee for their family members were prompted by the online payment system to first clear the dependent fee for the remaining months of the validity of their iqamas (residence permits). Online transactions started displaying complete and accurately calculated amount of dependent fee based on the validity of the expat's iqama and his number of dependents. This observation was seen in online transactions of Saudi-American Bank as well as other banks in the kingdom. However, not all banks are currently reflecting the fees in the payment options, including Al Rajhi Bank. A video is also shown below (in English and Indian language). Today, it emerged clearly that the payment of dependent fee is not only directly linked with the renewal of iqama but also the issuance of exit-reentry visa, whichever comes first. The exit-reentry process can be done against single individual dependent by paying the fee up to the date of the validity of iqama. However, for the renewal of iqama it is mandatory to settle the amount for all dependents. What remians unclear now is if the fee is limited to the commercial sector and if expatriates working in the government sector are included as well. All dependents are included in the regulation, including children, wife, as well as maids and drivers working directly for a sponsor. Monthly fee for each dependent costs SR100 this year. It will double next year, then triple in 2019. In 2020, the fee for each dependent will be SR400 per month. Almost all expats are reacting negatively to the policy of taxing only expatriates. Some have already sent dependents on final exit as they themselves started seeking better opportunities somewhere else. While most residents understand that Saudi Arabia needs to give more opportunities to its nationals and tackle unemployment, they say the move is counter-productive, as expats have also been a contributing factor to the local economy. Okaz Arabic daily estimates that the dependent fee will generate SR1 billion in revenue by the end of the year and SR65 billion by 2020. However, it is unclear how much the move will take away from the economy if expats continue to send their families back home - including most of their salaries. UPDATE: A recent screenshot of AlRiyadh Newspaper is going viral all over the internet. It says that the King has cancelled all visa related fees in the kingdom. However, AlRiyadh themselves tweeted that the post was not theirs and therefore it is fake news. See the image below.
Screenshot of Al Rajhi Bank Online Transactions for Expatriate Services under MOI Payments


 Today, it emerged clearly that the payment of dependent fee is not only directly linked with the renewal of iqama but also the issuance of exit-reentry visa, whichever comes first.

 The exit-reentry process can be done against single individual dependent by paying the fee up to the date of the validity of iqama. However, for the renewal of iqama it is mandatory to settle the amount for all dependents. What remians unclear now is if the fee is limited to the commercial sector and if expatriates working in the government sector are included as well.

 All dependents are included in the regulation, including children, wife, as well as maids and drivers working directly for a sponsor. Monthly fee for each dependent costs SR100 this year. It will double next year, then triple in 2019. In 2020, the fee for each dependent will be SR400 per month.




 Almost all expats are reacting negatively to the policy of taxing only expatriates. Some have already sent dependents on final exit as they themselves started seeking better opportunities somewhere else.

 While most residents understand that Saudi Arabia needs to give more opportunities to its nationals and tackle unemployment, they say the move is counter-productive, as expats have also been a contributing factor to the local economy.
Okaz Arabic daily estimates that the dependent fee will generate SR1 billion in revenue by the end of the year and SR65 billion by 2020. However, it is unclear how much the move will take away from the economy if expats continue to send their families back home - including most of their salaries.

 UPDATE: A recent screenshot of AlRiyadh Newspaper is going viral all over the internet. It says that the King has cancelled all visa related fees in the kingdom. However, AlRiyadh themselves tweeted that the post was not theirs and therefore it is fake news. See the image below.
July 1, 2017 - Saudi Arabia has started to collect the much-talked about Dependent's Fee from the huge number of expatriates in the kingdom. Announced during last year's budget proposal, the Dependent's Levy is a part of the kingdom's plan to diversify its source of income which comes mainly from petroleum products as the price of oil remains low. As part of the government’s Fiscal Balance Program, expatriate workers are expected to pay SR1,200 for one year for each of his dependents in the kingdom. Up until Sunday morning, there was no clear indication as to the implementation of the proposal except that the fees will be collected at the time of the iqama renewal - the residency document for expatriates. In the later hours of Sunday however, expats who wanted to pay the exit-reentry visa fee for their family members were prompted by the online payment system to first clear the dependent fee for the remaining months of the validity of their iqamas (residence permits). Online transactions started displaying complete and accurately calculated amount of dependent fee based on the validity of the expat's iqama and his number of dependents. This observation was seen in online transactions of Saudi-American Bank as well as other banks in the kingdom. However, not all banks are currently reflecting the fees in the payment options, including Al Rajhi Bank. A video is also shown below (in English and Indian language). Today, it emerged clearly that the payment of dependent fee is not only directly linked with the renewal of iqama but also the issuance of exit-reentry visa, whichever comes first. The exit-reentry process can be done against single individual dependent by paying the fee up to the date of the validity of iqama. However, for the renewal of iqama it is mandatory to settle the amount for all dependents. What remians unclear now is if the fee is limited to the commercial sector and if expatriates working in the government sector are included as well. All dependents are included in the regulation, including children, wife, as well as maids and drivers working directly for a sponsor. Monthly fee for each dependent costs SR100 this year. It will double next year, then triple in 2019. In 2020, the fee for each dependent will be SR400 per month. Almost all expats are reacting negatively to the policy of taxing only expatriates. Some have already sent dependents on final exit as they themselves started seeking better opportunities somewhere else. While most residents understand that Saudi Arabia needs to give more opportunities to its nationals and tackle unemployment, they say the move is counter-productive, as expats have also been a contributing factor to the local economy. Okaz Arabic daily estimates that the dependent fee will generate SR1 billion in revenue by the end of the year and SR65 billion by 2020. However, it is unclear how much the move will take away from the economy if expats continue to send their families back home - including most of their salaries. UPDATE: A recent screenshot of AlRiyadh Newspaper is going viral all over the internet. It says that the King has cancelled all visa related fees in the kingdom. However, AlRiyadh themselves tweeted that the post was not theirs and therefore it is fake news. See the image below.


source: Saudi Gazette, Arab News


©2017 THOUGHTSKOTO

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