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waltgomez
Joined: 03 Jul 2014 Posts: 105
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Posted: Sat Oct 29, 2016 7:11 pm Post subject: Sending Money Out ( and cashing checks) on a Business Visa |
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In order to send money out of Saudi Arabia, one needs an Iqama. Even at Western Union.
The same, apparently, goes for cashing checks.
Are there ways to send money out of Saudi Arabia ( and cash checks) if one is on a business visa? What do you know?
Anecdotes will be appreciated. |
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nomad soul
Joined: 31 Jan 2010 Posts: 11454 Location: The real world
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cmp45
Joined: 17 Aug 2004 Posts: 1475 Location: KSA
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Posted: Sun Oct 30, 2016 4:19 am Post subject: |
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Transferring money earned in Saudi Arabia on a Business Visa should be addressed foremost with the company that hired you/ school that employs you.
This money issue should have been brought up prior to taking the job. So many on business visas, I am sure there must be a way to get your hard earned cash sent home.
I would put subtle, yet continuous pressure on the people who are paying you to help you solve this problem
Or look else where for legitimate employment with a proper work visa. |
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scot47
Joined: 10 Jan 2003 Posts: 15343
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Posted: Mon Oct 31, 2016 5:27 pm Post subject: |
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Signing up for a deal where you cannot send money home and you have no medical cover ? Think again about those "business" visas ? |
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waltgomez
Joined: 03 Jul 2014 Posts: 105
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Posted: Fri Jan 06, 2017 5:01 pm Post subject: |
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Thanks for all the barren, content-free "advice" and sermonizing. No solution, huh?
I do have medical insurance, btw.
A proper work visa takes many weeks to obtain. In the meantime, one needs a place to live, gas, food, etc., all while going thru a very tedious visa process. No income yet. And the medical, ouch! $1200!
And after one obtains the employment visa, one may still not pass the probationary period. And, also, not get a LONO. That means no job in Saudi for three years after that. Not nice if you are in your mid/late 50ies or is it?
This is why people opt for business visas. Work immediately, free to leave the country at any time and come back.
So, I, as usual, had to get answers by myself. Doesn't it always work when you do it yourself?
Anyway, I put some pressure on the company where I work and they are now in the process of signing up with their bank for transfers. But it may take some time.
In the meantime: you can send money by going to Bahrain. In the departure area of the airport, to your left, there is a large glass booth that does money exchange. They send money all around the world, into any bank.
So, schedule an entertainment/vacation trip to Bahrain, take your wad of Saudi money and send it out of there. No Iqamas, no residency visas, no BS required. End of the story. |
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scot47
Joined: 10 Jan 2003 Posts: 15343
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Posted: Fri Jan 06, 2017 10:05 pm Post subject: |
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Try Enjaz or Al-Rajhi. They may allow transfers with a passport. |
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nomad soul
Joined: 31 Jan 2010 Posts: 11454 Location: The real world
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Posted: Sat Jan 07, 2017 4:51 am Post subject: |
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waltgomez wrote: |
Thanks for all the barren, content-free "advice" and sermonizing. No solution, huh?
....
So, I, as usual, had to get answers by myself. Doesn't it always work when you do it yourself? |
What's up with the snippiness? Posters offered you advice about your check-cashing problem on this and other threads you posted on without beating you up about working via a business visit visa.
Good luck with getting your money. |
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bigdurian
Joined: 05 Feb 2014 Posts: 401 Location: Flashing my lights right behind you!
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Posted: Sat Jan 07, 2017 6:00 am Post subject: |
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scot47 wrote: |
Try Enjaz or Al-Rajhi. They may allow transfers with a passport. |
Don't think Enjaz do. You need an Enjaz card when you send money, and to get that you need an iquana..... |
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scot47
Joined: 10 Jan 2003 Posts: 15343
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Posted: Sat Jan 07, 2017 7:49 am Post subject: |
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Persuade someone who has an iqama to make a transfer for you ?
Take the cash to Manama in Bahrain and transfer from there ?
Accumulate the cash until you leave and take it with you, not forgetting to declare it on departure. Don't take riyals take foreign currency available from the bureau de change. No iqama is required for buying foreign currency.
Make a mental note to yourself that you should never be suckered into coming to KSA as a "business visitor" when you will be teaching English in a role that should get you an iqama. |
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waltgomez
Joined: 03 Jul 2014 Posts: 105
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Posted: Sat Jan 07, 2017 3:50 pm Post subject: |
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Business visas allow you to work and make money immediately. And they allow you to work past 60-65.
Employment visas may take 2 months of not working- while spending money.
Not all companies that bring you in on business visas pay in you in cash/by check. Some actually send money into your bank account. I was just unlucky with this company in that respect, but we're working on persuading them to start sending money into our accounts.
You don't need to declare anything above SR 60,000 when leaving Saudi.
Trips to Bahrain are a regular thing for many of us. Now that I know that the booth at the departure area at the Manama airport sends money to any bank in the world, this is how I'm going to solve the problem for now. |
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scot47
Joined: 10 Jan 2003 Posts: 15343
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Posted: Sat Jan 07, 2017 5:36 pm Post subject: |
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When leaving KSA you have to declare cash or valuables (Gold, jewellery etc) above SAR60,000. |
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scot47
Joined: 10 Jan 2003 Posts: 15343
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Posted: Fri Jan 13, 2017 7:28 am Post subject: |
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So did Mr Gomez resolve the problem ? Has he squared the circle ? |
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learningpaths
Joined: 28 Apr 2017 Posts: 51
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Posted: Sat May 20, 2017 9:42 am Post subject: |
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If you're on a business visa, chances are you have to visit Bahrain once a month. I've heard you can wire money from there with just a passport. |
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Arenta
Joined: 24 Jul 2016 Posts: 125
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Posted: Mon Aug 07, 2017 11:55 am Post subject: |
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waltgomez wrote: |
Business visas allow you to work and make money immediately. And they allow you to work past 60-65.
Employment visas may take 2 months of not working- while spending money.
Not all companies that bring you in on business visas pay in you in cash/by check. Some actually send money into your bank account. I was just unlucky with this company in that respect, but we're working on persuading them to start sending money into our accounts.
You don't need to declare anything above SR 60,000 when leaving Saudi.
Trips to Bahrain are a regular thing for many of us. Now that I know that the booth at the departure area at the Manama airport sends money to any bank in the world, this is how I'm going to solve the problem for now. |
In't it expensive to use your ATM card from back home to access the money your employer is paying into your home account? I know there's probably no way around it but was just wondering if you find it to be so? |
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scot47
Joined: 10 Jan 2003 Posts: 15343
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Posted: Mon Aug 07, 2017 2:10 pm Post subject: |
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Befriend someone with an igama and get them to send the money ? Better still - do not come on a business visa ! |
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