Limit of sending money
For expatriates is there a limit of sending money to their home country. i.e, can somebody send as much money as they want to their country. Wont there be a limit after which the governement thinks that this is too much and the guy should not get visa renewal next time so they kick the expatriate out of qatar. I might sound funny/silly to some of them but this is a logical question. Please advice.
No limits! But the Police department will monitor and ask the sender about the source of income.
There is no limit but the if you're sending too much the bank will require you certificates where the money came from and your salary statement.
There's no limit but the foreign transactions are monitored by Qatar Central Bank..they have complete data including salary etc of each & every resident..they can figure out the cases of money earned by illegitimate means..
There is no limit, but the bank should have done its due dillegence on the customer and know enough about his or her business to determine that the funds are legitimate. Usually you will be asked the source of funds and the purpose of the transfer.
The limit per bank/person has been set up to 10000US$/daily or the equivalent in local money (country of origin and / or country of destination)
Above that ammount authorities could interview you or take you for questioning to find out about the origins/destinations of the money.
Regards!!
There is not limit on sending money, but if you are sending too much money CID will ask you the source of money.