Saudi Arabia mulls permanent residency for expatriates

April 6, 2016

Manama, Apr 6: Saudi Arabia could introduce a system for its millions of expatriates that would be similar to the Green Card system in the US.

expatriatesThe inclination, announced by Deputy Crown Prince Mohammad Bin Salman Al Saud in an interview with Bloomberg, would help the kingdom generate new revenues for the national economy.

No details were given by Prince Mohammad, but with around nine million foreigners living in the vast kingdom, making up one third of the total population, the system would be a source for the country as it seeks to implement an ambitious package of new reforms and measures that will considerably improve its non-oil revenues and “raise at least an extra $100 billion a year by 2020, more than tripling non-oil income and balancing the budget.”

“It's a large package of programmes that aims to restructure some revenue-generating sectors,” Prince Mohammad told Bloomberg.

The emulation of the American Green Card system would be alongside more steps to restructure subsidies and the imposition of a value-added tax and a levy on energy and sugary drinks as well as luxury items, the deputy crown prince reportedly said.

Most of the foreigners in Saudi Arabia and fellow Gulf Cooperation Council (GCC) countries – Bahrain, Kuwait, Qatar, Oman and the United Arab Emirate – are Asians, mainly unskilled workers in the booming building and service sectors.

In his interview, Prince Mohammad expressed optimism the new measures would reinforce the government's drive to reduce reliance on oil and to boost non-oil revenues.

“We did a quick fix in 2015 which increased our non-oil revenue by 35 per cent,” he said. “This year, we are trying to target over $25 billion. I believe we will succeed in achieving more than $10 billion in non-oil revenue in 2016.”

With the dramatic slump of oil prices, the GCC countries have been looking at viable options to generate non-oil sources and reduce threats to fiscal stability and sustainability.

Experts believe that hydrocarbon exports represent more than 80 per cent of the total revenue in the GCC countries where taxation is almost absent.

The main non-oil revenue base in the GCC states currently includes customs duties and fees and charges.

Bahrain, the first GCC country to discover oil in 1932, has been leading the way in the diversification of non-oil resources.

Comments

Naren kotian
 - 
Thursday, 7 Apr 2016

Hahaha viren ..namge beda aa wahabi rashtra ..muzzies here in this column please note yelli yenne sigalvo ..yelli dance bars or disco theck ilvo ...antha rashtra kke banni makla full citizenship kodthivi andru ..beda milk shake mama neene itko beda andu bidteevi ...we are well aware soon saud family will collapse ...Isis is already making deep inroads into Saudi ...they have the weakest army in the world .this program will encourage Indo pakis who are in very large No's in India .no non Muslims will take PR for sure .as per IMF due to decline in oil revenues for the first time they are reeling into debt. Haha..soon it will create more problem as they don't have alternate non oil source ..milk shakes ge bere field nalli ashtu talent saha illa. ..

KhasaiKhaane
 - 
Thursday, 7 Apr 2016

Hahahahah... So Non-Muslims also want green card in Saudi? Check if you can avail one, but make sure you don't worship Camel Maatha,..!
There are other disadvantages though;
- No Riots
- No Photoshop
- No Love Jihad issue.
- No Moral policing
- No Lynching
- No Alchohol/Drugs
- No Pornography
- No Rapes
Are you sure you chaddis will be able to survive without all this?

DEAR VIREN
 - 
Thursday, 7 Apr 2016

Just study QURAN, YOU will understand Y u feel grudge against MUSLIMS...
Our CREATOR speaks about the CREATION & also he Warns us about Y grudge, Jealousy, Sin, hate, crime, DECEPTION & other Evils come from... and ROOT it comes from.
Animals live their way and Man was created by ALLAH with intelligence... Sometimes Use your intelligence to know what our CREATOR speaks... and dont live like the animals.

mohammad.n
 - 
Wednesday, 6 Apr 2016

Viren why do u need now muslim country green card?

Satyameva jayate
 - 
Wednesday, 6 Apr 2016

Viren...say Bharat Mata ki jai n enjoy your stay here..why worried about green card

Owaisi
 - 
Wednesday, 6 Apr 2016

@ Viren Kotian 100% only for Muslims and should accept Saudi Arabia Islamic Rules with respect

Riyaz
 - 
Wednesday, 6 Apr 2016

Viren Kotiyaaan
Why are you intrested in the permanent residence of KSA. you should be happy in india with the chaddies ruling you. And by the way not everyone in the world is like you and your chadii rulers. there are people who look for the Human attributes in human beings not only religion . thats why there are many RSS chaddies who earn in saudi and send the money to their families in india.

mangalorean
 - 
Wednesday, 6 Apr 2016

I think for you spcially we will recommend govt to get red card to ban saudi arabia

Viren Kotian
 - 
Wednesday, 6 Apr 2016

Only for muslims or non muslims also will get green card?

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coastaldigest.com news network
July 3,2020

Brahmavar, Jul 3: Two friends drowned accidentally in a rivulet while catching fish near Barkur in Brahmavar taluk of Udupi district today.  

The deceased have been identified as Karthik (20), a final year B.Com student, and Harsha (26), who was working as a recovery agent for a local finance company. Both were local residents. 

The incident took place around 8 a.m. when they were trying to catch fish. Even though a few locals were there on the spot they could not save the duo as the water level has increased in the rivulet due to rains. After an hour the bodies were fished out. 

A case was registered at Brahmavar police station and investigations are on.

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News Network
February 4,2020

Bengaluru, Feb 4: Congress leader and former minister U T Khader today demanded an “objective” probe by an IAS officer into the sedition case the police have booked against a school in Bidar for a play students staged on the controversial Citizenship (Amendment) Act.

On January 26, the Shaheen Primary and High School was charged by the Bidar New Town police with sedition on January 26. This was based on a complaint by an Akhila Bharatiya Vidyarthi Parishat (ABVP) worker who claimed that the play staged by the students on January 21 “insulted” Prime Minister Narendra Modi.

On January 30, the police arrested Nazbunnisa, the mother of an 11-year-old student and Fareeda Begum, a head-teacher in the school.

“This shows how today in India and in Karnataka, the BJP is looking to suppress the voices of people. Sedition cases have no value anymore,” UT Khader told a news conference.

“When a complaint on sedition is filed, action must be taken after obtaining legal opinion. But today, a written complaint by any BJP worker is enough to brand someone as anti-national. Even schoolchildren aren’t spared,” Khader said.

“An IAS officer should be appointed to objectively probe this. If something is found, then the police can continue the investigation,” Khader said. “But the government should pressurize the police. We’ve seen what happened in Mangaluru,” he said, referring to the police shootout that killed two people during an anti-CAA protest. “I know it’s difficult for officials to resist political pressure, but a line must be drawn. All officials must come together and send the government a message, that they will not be bogged down to pressure that’s against societal interests,” he added.

Khader said he lacked faith in the BJP government. “That’s because the BJP tends to give election tickets to those who plant bombs,” Khader said, citing the example of terror-accused Bhopal MP Pragya Thakur. “Even the Aditya Rao case (Mangaluru airport bomb planter)...we don’t know what’s happening. They just want to hush it up,” Khader charged.

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News Network
January 28,2020

Mysuru, Jan 28: The Second Additional District and Sessions Court on Monday granted anticipatory bail to B Nalini, who displayed the ‘Free Kashmir’ placard during a protest, and also to Maridevaiah, the organiser of the protest.

Nalini and Maridevaiah had applied for bail as Jayalakshmipuram police had booked them under sedition charges. Nalini had displayed the placard during a protest at Manasagangotri, the University of Mysore campus, recently. The court, which took up the case on January 24, had kept the order pending.

The court directed the accused to submit their passport to the court and a bond for a sum of Rs 50,000. The court also directed them to be present before the police, whenever needed.

Meanwhile, the Mysuru Bar Association has decided to take measures against the association members who are in favour of Nalini. Seventy-five members, seeking to represent Nalini, have withdrawn their support, the association secretary B Shivanna said. The association has suspended advocates Manjula Manasa and P P Baburaj.

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