Do you know the way much cash and gold is allowed to hold from Asian country to India, Pakistan, the Philippines, or the other country? Taking an additional SR 10 above the gold and cash carry limit can land you in jail.
How much Cash & Gold am i able to carry from Saudi Arabia?
Cash and Gold carrying limit from Saudi Arabia: SR 60,000 / trip.
the worth of gold and cash together shouldn’t exceed SR 60,000.
The limit is assigned to the full family traveling together.
According to Article 23 of the Anti-Money Laundering Law issued by Royal Decree (M / 20) dated 5/2/1439 H, if you’re taking cash over SR 60,000 from Saudi Arabia, you’re required to declare it to Saudi Customs.
Cash & Gold Carrying Limit from Kingdom of Saudi Arabia to India
Carrying gold jewelry to India
Although Asian nation allows you to hold gold coins and bars within the limit of SR 60,000, it’s not allowed by the authorities in India.
Indian female is allowed to hold gold jewelry worth INR 100,000 which translates into around SR 4,888.
Indian men are allowed to hold gold jewelry worth INR 50,000 which translates into around SR 2,444.
In case you’re a family of a pair and a pair of boys and 1 daughter, you’ll carry gold jewelry worth INR 350,000.
Carrying gold coins and bars to India
According to Indian law, you’ll be able to only carry gold jewelry, not gold coins or bars. If you carry gold coins or bars, all of them are going to be subject to a customs of 10.3%.
Carrying Cash from Asian nation to India
Although you’ll take SR 60,000 of money from Saudi Arabia, if the worth exceeds $5,000, you’re required to disclose it to the Indian customs authorities.
how much gold am i able to carry to india from Asian nation
How much cash am i able to carry to Saudi Arabia?
On the opposite hand, if you would like to hold cash or gold to Asian country, you would like to test the principles of the country you’re traveling from.
Cash and gold carry limit from Pakistan to Saudi Arabia: $10,000.
Cash and gold carry limit from India to KSA: $5,000.
Cash and gold carry limit from the Philippines to KSA: $10,000.
How much cash am i able to carry from Pakistan to Asian nation
How to declare cash and gold to Saudi Customs?
If you wish to hold gold and cash exceeding SR 60,000 from Kingdom of Saudi Arabia, you wish to declare it to the customs authorities. so as to try and do it;
you’ll be able to download the Saudi Customs application for the declaration.
Otherwise, download the shape from this link.
Submit this manner to Saudi Customs at the airport.
The Saudi customs officer may ask you different questions on it.
If required, you’ve got to prove that the cash in your possession is legally earned in Saudi Arabia.
If you fail to form such a declaration, it’ll be treated as you’re carrying cash illegally.
how much gold am i able to carry to india from Saudi Arabia
What if you are doing not declare?
In case you are doing not declare carrying over SR 60,000 gold and cash, the authorities will;
Seize the complete amount.
Impose a fine of 25% of the seized value for the primary time.
Impose a fine of 50% of the seized value for repeated violations.
Start investigating the source of funds.
Source: Saudi Gazette