IMPACT – MEDIUM
What is the change? Saudi Arabia is set to begin collecting an “expatriate fee” of 100 riyals (about US$27) per month for every foreign-worker dependent residing in the country.
What does the change mean? The new levy will apply to all foreign employees with dependents in Saudi Arabia, regardless of how many local employees their company employs. The levy is set increase to 200 riyals per month in 2018, 300 riyals per month in 2019 and 400 riyals per month in 2020.
BAL Analysis: The levies could increase the costs of doing business in Saudi Arabia, particularly for employers who choose to cover the levies for their employees. Employers should take note of the change and make sure their foreign employees are aware of the new charges.
This alert has been provided by the BAL Global Practice group. For additional information, please contact your BAL attorney.
Copyright © 2017 Berry Appleman& Leiden LLP. All rights reserved. Reprinting or digital redistribution to the public is permitted only with the express written permission of Berry Appleman & Leiden LLP. For inquiries please contact firstname.lastname@example.org.
H-1B and H-2 modernization, fee hikes and changes to the green card process top the Biden administration’s regulatory priorities...
The Vietnamese government recently introduced a new labor market testing requirement for companies requesting approval for foreign labor.
Chinese officials announced the expansion of its unilateral visa-free policy to six countries: France, Germany, Italy, Malaysia, the Netherlands...
Chinese officials announced new visa policies for foreign residents of Macao. Key Points: Foreign residents of Macao are now