670,000 expats expected to leave Saudi Arabia in 3 years

According to a report published by Banque Saudi Fransi earlier this month, 670,000 expats are expected to leave Saudi Arabia by 2020. “There are approximately 11.7 million foreigners in Saudi Arabia; 7.4 million work and the remaining 4.3 million are companions,” reported Mecca Newspaper on July 5.

According to the study, the annual rate at which thousands of them are expected to leave the kingdom stands at 165,000, with their move mainly caused by the inability to keep up with rising expat levies.

“Paying an annual tax that’s somewhere close to $319 per person is one thing, paying $1000 or more is another. I am worried they’re going to keep increasing until we’re driven to leave,” said A.F., a young accountant who has worked in Saudi for the past four years.

 

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