No new expat fees and taxes, confirms Saudi minister

saudi arabia, expats, gulf, fees, taxes, VAT

Riyadh - He was responding to rumours in the country.

By Web Report

Published: Thu 12 Dec 2019, 12:10 PM

Last updated: Thu 12 Dec 2019, 2:17 PM

Saudi Arabia's Minister of Finance Mohammed Al-Jadaan assured that the government has no intention to change expatriates fees.
In an interview with Al Arabiya quoted in Saudi Gazette, Al-Jadaan said Saudi Arabia has made resounding achievements in 2019. He further added that the Kingdom aimed to enable the private sector - a key partner to achieving the Kingdom's Vision 2030.
Expressing the hope to see more growth in 2020, Al-Jadaan said the government would work on ensuring more financing opportunities for small and medium enterprises.
While regarding taxes, he confirmed the government will not impose new taxes or fees before conducting an extensive study about its financial and socioeconomic impact.

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