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After introducing the monthly dependent fee on expats earlier this year, Saudi Arabia is now gearing up to introduce a levy on expat employees in the private sector.
The monthly levy will range between 300 and 400 Saudi riyals the ministry said on Twitter. The ministry added that the levy will be paid by private sector companies and it aims to replace foreign laborers with locals.
المقابل المالي على الوافدين #ميزانية_2018 pic.twitter.com/UoOj8kLFor
— وزارة المالية السعودية (@MOFKSA) December 16, 2017
The ministry said last year that the levy will be SAR 300 for companies which have more locals than expats and it will be 400 SR for companies that have lesser locals when compared to expats.
It is still, however, unclear that whether the private companies will bear the monthly levy or will they pass on the levy to their employees.
Minimum custom amount to enter is AED 2
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