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SAR 60,000 EXPORT/IMPORT LIMITS

 
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Joined: 17 Dec 2014
Posts: 456
Location: Wadi Jinn

PostPosted: Tue Aug 23, 2016 2:23 am    Post subject: SAR 60,000 EXPORT/IMPORT LIMITS Reply with quote

According to "regulations", you have to DECLARE taking out or bringing in more than SAR60,000 in cash (or equivalent in FOREIGN CURRENCIES or VALUABLES) at ports of exit/entry.

SAR60,000 = USD16,000

This law is not new and has been in effect for a few years, but it has not been applied to any great extent.

But I've gotten very recent indications that now they're going to start "applying" the law and get serious about it, so be forewarned.

Note that this means physically carrying the items/cash on your person, not sending it electronically or by check to an overseas location. (such as your bank).

Note that the rule applies not only to taking items on you OUT of the country but also bringing the items INTO KSA from abroad.

I can't find anything "official" to support this other than the blog URL below.....but I did get a notice from my BANK in my email today (can't copy it tho) so that's what prompted me to send this alert.

http://www.iatatravelcentre.com/SA-Saudi-Arabia-customs-currency-airport-tax-regulations-details.htm


----->>Note: this doesn't mean you can't bring or take MORE than SAR60,0000 worth of items with you....it just means you have to declare it when your items/cash exceeds this amount.

(Remember, when entering the US, you have to declare more than USD10,000.) (or they'll take it from you).


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