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Kuwait Expat Travel Rules; New UAE Real Estate Laws; Saudi Tax Warning; Fresh Visa Announced – Weekly Roundup

Kuwait Expat Travel Rules; New UAE Real Estate Laws; Saudi Tax Warning; Fresh Visa Announced – Weekly Roundup Stay updated with the most significant news stories of the week, including new real estate regulations in the UAE, travel advisories, tax alerts, and more across the GCC region.

Kuwait Introduces New Rule for Exiting Expats Kuwait has implemented a new law affecting expatriates leaving the country. All departing expats must clear outstanding traffic fines and violations before departure. Additionally, electricity, water, and phone bills have been added to the list of requirements for expat travelers. The Ministry of Interior has urged immediate compliance with these new travel regulations.

Saudi Authorities Warn Businesses of Tax Liability Saudi Arabia's Zakat, Tax, and Customs Authority (ZATCA) has issued a warning to businesses regarding tax obligations. Commercial sector businesses subject to value-added tax (VAT) with annual revenues exceeding SR40 million ($10.7 million) must submit VAT statements for July by August 31. Failure to do so may result in fines ranging from 5% to 25% of the tax value.

Saudi Arabia Announces New On-Arrival Visa for Umrah Saudi Arabia has introduced a significant change to its Umrah visa process. Effective from August 20, 2023, citizens from countries including the United States, United Kingdom, various European nations, Australia, New Zealand, Singapore, Malaysia, South Korea, Japan, Kazakhstan, Brunei, and China can now obtain Umrah visas upon arrival in the kingdom. This new visa scheme facilitates both spiritual journeys and tourism experiences, allowing a 90-day stay.

Dubai Police Issue Advisory Against Prohibited Travel Items Dubai Police have issued a warning against carrying prohibited items while traveling to ensure safety. Among the items listed are weapons, sharp tools, liquids exceeding 100ml, lighters, lithium batteries, alcoholic substances, flammable materials, and compressed gases. Passengers are advised to comply with these guidelines to prevent risks during travel.

UAE Unveils New Real Estate Laws The UAE has introduced new real estate laws, including regulations on joint property ownership and real estate development guarantee accounts in the emirate of Fujairah. Developers, management companies, associations, and owners' unions have six months to align their situations with the new laws. The authorities have the discretion to extend the deadline if necessary.

UAE Authorities Caution Against Fake Currency Scams Authorities in the UAE have issued a warning regarding fraudulent currency exchange dealers attempting to scam residents and tourists. Counterfeit gangs use social media platforms to offer fake currency during holiday periods. Residents and visitors are advised to exclusively deal with authorized exchange houses and banks for foreign currency transactions.

Saudi Pro League's Top Scorers Race Heats Up The Saudi Pro League is witnessing a flurry of superstar football players joining the league, including Cristiano Ronaldo, Neymar, Benzema, and Firmino. The competition for the top scorer's golden boot is intense as these renowned forwards aim to claim the title.

UAE Motorists Given Opportunity to Cancel Traffic Black Points In support of the national road safety campaign "Accident-Free Day," UAE motorists can now have up to four black traffic points removed from their records. This initiative encourages active engagement in promoting road safety and rewarding responsible driving behavior.

UAE Consulate Warns of Hurricane Threat The UAE Consulate in Los Angeles has cautioned citizens about the threat of Hurricane Hilary in Southern California and neighboring states. Citizens are urged to exercise caution due to the expected heavy rain and strong winds accompanying the tropical storm.