Article Three stipulates that collection of the tax will be through financial stamps from the Ministry of Finance which will be sent to the accredited exchange companies and banks for control and audit.
Article Four states the penalties include six months imprisonment and fine of not more than KD 10,000 on those who do not apply the law or those who do not transfer money through legal process.
Article Five mandates the Prime Minister and all concerned authorities to implement the law from the date of its publication in the official gazette.
Meanwhile, the parliamentary Legislative and Legal Affairs Committee on Sunday unanimously approved a number of bills, including the proposal to amend the second paragraph of the second item of Article Five of Nationality Law No. Article Five of the law states that, “Notwithstanding the provisions of the immediately preceding article, the following may be granted Kuwaiti nationality by Decree, upon the recommendation of the Minister of Interior: 1.
Some governments do warn their nationals against travelling to Kuwait due to the threat of terrorism against Western corporations.
However, there have been no significant incidents that should draw concern from expats.
Expats should have no problem communicating with the locals.
Any person [upon his attaining his majority who was] born to a Kuwaiti mother and who has maintained his residence in Kuwait until reaching the age of majority and whose foreign father has irrevocably divorced his mother or has died.
He disclosed the income from this tax will not be less than KD 20 million per year, taking into consideration the minimum amount transferred to other countries is about KD 2 billion per year.
He believes this will be a source of alternative income for the government, stressing this tax should be applied fairly and the income should go to the treasury of the government to improve services.
Expats are not entitled to the generous benefits afforded to all Kuwaiti citizens such as guaranteed housing and free education and healthcare.
However, expats moving to Kuwait will benefit from excellent medical facilities, which are on par with private hospitals in Western Europe and North America.