The UAE government implemented a new rule requiring travelers to declare cash and valuables above AED 60,000. This rule applies to all travelers, regardless of their nationality or country of origin. The purpose of the new rule is to prevent money laundering and other financial crimes. By requiring travelers to declare cash and valuables, the UAE government can track the movement of money and identify suspicious transactions.
If you are traveling to the UAE and carrying cash or valuables worth more than AED 60,000, you must declare them to customs upon arrival. You can do this by filling out a declaration form and presenting it to the customs officer.
The declaration form is available at all UAE airports. You can also download it from the UAE government website. If you fail to declare cash or valuables worth more than AED 60,000, you may be subject to fines and/or imprisonment.
For more information about the new UAE rule, 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 the UAE, you will need to go to the customs declaration booth. Here, you will fill out 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 to provide 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 the declaration form, you will need to present it to the customs officer. The customs officer will check your declaration form and your belongings. If you are carrying more than AED 60,000 in cash or valuables, you will need to pay a customs duty.
Where Can You Declare Cash and Valuables?
You can declare cash and valuables at any 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 to declare 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 and valuables 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 that you did not declare. You may also be required to pay customs duty on the undeclared items.
It is important to note that you are responsible for declaring all cash and valuables that you are carrying with you, regardless of whether or not you think they are worth more than AED 60,000. If you are unsure whether an item is worth more than AED 60,000, you should declare it anyway.
If you are caught trying to smuggle cash or valuables into or out of the UAE, you may also be banned from entering or leaving the country.
FAQs
Q: What is
the declaration process?
A: You can declare cash and valuables at any UAE airport, seaport, or land
border crossing. You will need to fill out a declaration form and provide proof
of ownership for the items you are declaring.
Q: What
documents do you need?
A: You will need to provide your passport, the declaration form, and proof of
ownership for the items you are declaring.
Q: How
much does it cost to declare cash and valuables?
A: There is no cost to declare cash and valuables.
Q: Where
can you declare cash and valuables?
A: You can declare cash and valuables at any UAE airport, seaport, or land
border crossing.
Q: What
happens if you don't declare cash and valuables?
A: If you don't declare cash and valuables, you may be subject to fines and/or
confiscation of the items.
Conclusion
In conclusion, the new UAE rule that requires travelers to declare cash and valuables above AED 60,000 is an important one. Pakistani working professional Travelers should be aware of this rule and ensure they comply with it. By declaring your cash and valuables, you can help ensure that your trip to the UAE is smooth and hassle-free.
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