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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News Network
March 5,2020

Mangaluru, Mar 5: As many as 29 police officers and personnel were examined by Udupi Deputy Commissioner G Jagadeesha, head of the magisterial enquiry into the police firing in the city in December 2019 which killed two anti- Citizenship (Amendment) Act (CAA) protesters.

A total of 176 police personnel have been directed to present their evidence before the magistrate for the enquiry.

ACPs K U Belliappa and Kodandarama presented his evidence on Wednesday, while ACP (central sub division) M Jagdish and ACP (traffic) M Manjunatha Shetty submitted their evidencein writing.

The next hearing is slated to be held on March 9 when statements of 41 officers including DCP (law and order) Arunangshu Giri will be recorded.

City police commissioner P S Harsha has been asked to submit his evidence on March 12, Jagadeesha said.

The enquiry report is to be submitted to the government on March 23.

Jagadeesha said he will seek an extension in the case of any delay in the recording of evidences.

Two people - Nausheen and Jaleel - were killed in the firing on December 19, 2019 during the protests here against the CAA.

The Karnataka government had decided to hold a CID probe and a magisterial enquiry into the incident.

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News Network
May 15,2020

Kalaburagi, May 15: Former Karnataka Minister Dr Sharanprakash Patil and 22 others, including several local Congress leaders, have been booked for violating lockdown guidelines by conducting a meeting at a convention hall in Sulpeth town on May 13.

The FIR was registered on Thursday against 23 persons, including the former MLA and 21 local Congress leaders, under Section 188 (disobedience to order duly promulgated by a public servant) of the Indian Penal Code (IPC).

Congress leader Patil and his followers had conducted a meeting at a convention hall in Sulpeth town on May 13, following which sectoral magistrate Muneer Ahmed lodged a complaint.

This comes as the country of under lockdown and the Centre and states have issued strict social distancing and other norms to be followed to prevent the spread of coronavirus.

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News Network
January 22,2020

Bengaluru, Jan 22: The Bengaluru Police on Wednesday said that the procedure is being followed to hand-over to the Mangaluru Police a suspect who surrendered before it two days after planting an improvised explosive device (IED) at the Mangaluru International Airport.

"He [the suspect] surrendered before police claiming to be responsible for the Mangaluru airport incident. He is being medically examined and we are preparing procedure to hand him over to the Mangaluru team which is already on their way," Bengaluru Deputy Commissioner of Police (DCP), Chetan Singh Rathore told the media persons.

Aditya Rao surrendered before Bengaluru Police today, days after a bag of IED was recovered from Mangaluru airport. He hails from Udupi and has engineering and MBA degrees.

An investigation team of Mangaluru police is flying to Bengaluru to question him. "Mangaluru city police investigation team is flying to Bengaluru shortly to investigate the developments in connection with MIA case..the team will question the suspect and will initiate further necessary legal action," Commissioner of Police, Mangaluru City, tweeted.

According to the police, the IED was recovered from a bag at Mangaluru airport on January 20. It was later defused in an open field by the personnel of the bomb disposal squad.

Comments

Fairman
 - 
Wednesday, 22 Jan 2020

Soon he should be rewarded a seat MLA or MLC.

 

 

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