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LinkedIn Twitter Email
Updates

New UAE Rule: Declare Cash and Valuables Above AED 60,000

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The UAE governmentimplemented a new rule requiring travelers to declare cash and valuables aboveAED 60,000. This rule applies to all travelers, regardless of their nationalityor country of origin. The purpose of the new rule is to preventmoney laundering and other financial crimes. By requiring travelers to declarecash and valuables, the UAE government can track the movement of money andidentify suspicious transactions.

If you are traveling to the UAE andcarrying cash or valuables worth more than AED 60,000, you must declare them tocustoms upon arrival. You can do this by filling out a declaration form andpresenting it to the customs officer.

The declaration form is available atall UAE airports. You can also download it from the UAE government website. If you fail to declare cash orvaluables worth more than AED 60,000, you may be subject to fines and/orimprisonment.

For more information about the new UAErule, please visit the UAE government website.

What is the Declaration Process?

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Step 1: Arrival at the UAE Airport

When you arrive at the airport in theUAE, you will need to go to the customs declaration booth. Here, you will fillout a declaration form and declare any cash or valuables that you are carrying.

Step 2: Filling Out the Declaration Form

The declaration form will ask you toprovide the following information:

  • Your name
  • Your passport number
  • Your date of birth
  • The amount of cash and valuables that you are carrying
  • The country where you are from
  • The country where you are traveling to

Step 3: Presenting the Declaration Form

Once you have filled out thedeclaration form, you will need to present it to the customs officer. Thecustoms officer will check your declaration form and your belongings. If youare carrying more than AED 60,000 in cash or valuables, you will need to pay acustoms duty.

Where Can You Declare Cash and Valuables?

You can declare cash and valuables atany of the following locations:

UAE Airports:

  • Dubai International Airport
  • Sharjah International Airport
  • Abu Dhabi International Airport
  • Ras Al Khaimah International Airport
  • Fujairah International Airport

Land Border Crossings:

  • Al Maktoum International Airport
  • Hamad International Airport
  • King Khalid International Airport
  • Bahrain International Airport
  • Muscat International Airport

For more information on where todeclare cash and valuables, please visit the UAE Customs website.

What Happens If You Don't Declare Cash and Valuables?

If you do not declare cash andvaluables above AED 60,000, you may be subject to fines and/or imprisonment.The amount of the fine will depend on the value of the cash and valuables thatyou did not declare. You may also be required to pay customs duty on theundeclared items.

It is important to note that you areresponsible for declaring all cash and valuables that you are carrying withyou, regardless of whether or not you think they are worth more than AED60,000. If you are unsure whether an item is worth more than AED 60,000, youshould declare it anyway.

If you are caught trying to smugglecash or valuables into or out of the UAE, you may also be banned from enteringor leaving the country.

FAQs

Q: What isthe declaration process?
A: You can declare cash and valuables at any UAE airport, seaport, or landborder crossing. You will need to fill out a declaration form and provide proofof ownership for the items you are declaring.

Q: Whatdocuments do you need?
A: You will need to provide your passport, the declaration form, and proof ofownership for the items you are declaring.

Q: Howmuch does it cost to declare cash and valuables?
A: There is no cost to declare cash and valuables.

Q: Wherecan you declare cash and valuables?
A: You can declare cash and valuables at any UAE airport, seaport, or landborder crossing.

Q: Whathappens if you don't declare cash and valuables?
A: If you don't declare cash and valuables, you may be subject to fines and/orconfiscation of the items.

Conclusion

In conclusion, the new UAE rule thatrequires travelers to declare cash and valuables above AED 60,000 is animportant one. Pakistani working professional Travelers should be aware of this rule and ensure they complywith it. By declaring your cash and valuables, you can help ensure that yourtrip to the UAE is smooth and hassle-free.

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