Saudi Arabia lowers gold declaration threshold to SAR40,000 for travellers
Saudi Arabia has introduced tighter anti-money laundering regulations requiring travellers entering or leaving the Kingdom to declare gold bullion, precious metals, gemstones and jewellery valued at SAR40,000 ($10,700) or more, lowering the previous declaration threshold from SAR60,000.
Action required: Travellers must declare gold bullion, precious metals, gemstones and jewellery valued at SAR40,000 or more when entering or leaving Saudi Arabia, with written customs declaration and proof of purchase required.
Source: Gulf News
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