Coming Soon - Remittance Tax in Kuwait for EXPATS only!

the way they see it is, expats are making money in the country, and that money is not being spent in the country, hence they should take a percentage when that money is sent out of the country. a form of "tax" if you will.

not sure i follow your jibe at locals sending "mega millions", in the end, they're locals, their houses and monies are in kuwait, hence they dont remit money abroad, and even if they did, they're still guaranteed to live here for life.

Here is another perspective.

Isn't it a bit hypocritical to tax people for sending money out of the country while making sure they are not allowed to invest locally? Yes, I know I can invest in theory, but I sure won't under the imposed conditions. And how about buying a property?

So what are we supposed to do, spend all our income on cupcakes?

Also, this certainly won't stop people taking the cash out with them within allowed limits, so this will mostly hurt the low income workers who are not allowed or can't afford to leave the country and are sending their money back home to feed their families.

As I constantly try to make sense of the world around me, I need to believe this is just a cunning plot to encourage expat workers to leave the country. If not, it is just plain sneaky.

I sure won't complain as it won't affect me. I said above who would be affected - the most vulnerable ones. Point is it wouldn't do any good for Kuwait.

But all this is moot now as this silly proposal has been scrapped like many others in the past.