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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Agencies
July 2,2020

Bengaluru, Jul 2: Senior Congress leader Mallikarjun Kharge said that the "RSS needs to be defeated to save the country" and Prime Minister Narendra Modi and Union Home Minister Amit Shah are "destroying the nation".

Kharge was speaking at a KPCC program where DK Shivakumar took charge as state Congress president.

He said that the Prime Minister and the Home Minister are not ready to take accountability for any issues including China, and are instead blaming Rajiv Gandhi Foundation of getting funds from China.

"Rajiv Gandhi foundation utilized funds for the development of the nation and for the betterment of the downtrodden people," Kharge said.

"Prime Minister Modi and Shah both are destroying the economy of the nation, and their policies and plans are the reason for increasing COVID-19 situation in India," he said.

"Prime Minister and Amit Shah never listen to Opposition parties, instead they plan something and their policies are the reason for MSME losses and job losses in the country," he added.

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News Network
March 4,2020

Bengaluru, Mar 4: With details of the Bengaluru links of the Covid-19-positive patient from Hyderabad emerging, state health authorities on Tuesday got down to tracking any infection trail he may have left behind before heading home.

Schools from southeast Bengaluru asked parents to send students with masks and hand sanitizers or keep them at home if they had fever. Medical shops in Bengaluru reported panic buying of masks and hand sanitizers.

Two persons with no symptoms — the Hyderabad man’s flatmate in city, and a colleague — reported at Rajiv Gandhi Institute of Chest Diseases and put under watch at the isolation ward. Their test results are expected on Wednesday.

The authorities tracked down 71 people who had come in contact with the Hyderabad man and put them under surveillance. The 24-year-old techie had travelled to Dubai for work on February 15 and returned to Bengaluru on February 20. He attended work on February 20 and 21 before taking a bus to Hyderabad. His flat has been sealed for sanitizing.

According to Telangana officials, at least 36 of the 88 people who came in contact with the techie are showing some symptoms of Covid-19.

Contrary to reports, the infected person was not tested at the KIA since guidelines don’t say flyers from Dubai must be screened. WHO guidelines say identification of the infected person should not be revealed. However, WhatsApp groups were flooded with messages on where the infected person lived and details of his flatmate.

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News Network
May 14,2020

Bengaluru, May 14: Michael Madhu was one of the popular actors in Sandalwood. He was widely known for portraying comedy roles. The news of his demise has come as a shock to all the members in the Kannada film industry and also his fans. Michael Madhu died on May 13 after suffering from a heart attack. As per a report in Zoom, the actor was rushed to the KIMS Hospital in Bengaluru after he suddenly collapsed at his home.

Michael Madhu, in his career spanning of almost two decades, has acted in more than 300 films. Some of his notable works include Bhajarangi, Shhh! and Ashwamedha. Besides being an impeccable actor, especially his perfect comic timings, Michael was also passionate about dancing and was huge fan of Michael Jackson. This was one of the major reasons why he added Michael to his name. He had entered the film industry with an aim to become a popular choreographer, but destiny had something else in store for him. Michael Madhu is survived by his wife and two daughters.

Fans of Michael Madhu have been sharing condolences on social media ever since the news of his death hit the internet. As per a report in media, the actor’s last rites will take place today.

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