Saudi Arabia Sets SAR 60,000 Gold Declaration Limit for Travelers

Saudi Arabia’s Zakat, Tax and Customs Authority (ZATCA) has issued a directive requiring all travelers entering or leaving the Kingdom to declare gold, jewelry, and cash if the total value exceeds 60,000 Saudi Riyals (SAR). The mandate applies to bullion, precious stones, and all forms of currency, including foreign banknotes. Mandatory Reporting Threshold The SAR 60,000 limit (approximately AED 58,760) is the fixed threshold for mandatory disclosure. Travelers must submit a declaration if they are carrying precious metals, stones, or cash that meet or exceed this amount. This regulation covers both commercial shipments and personal items if their valuation crosses the legal limit. ZATCA confirmed that declarations must be completed electronically through the official ZATCA website or mobile application. Alternatively, travelers can visit the designated customs declaration offices at land borders, airports, or sea ports upon arrival or prior to departure. Fines and Legal Penalties Failure to declare valuables or providing false information triggers immediate legal consequences under the Anti-Money Laundering Law. A first-time violation results in a financial penalty equal to 25%…