Government revises amount of foreign currency allowed to be carried abroad

KARACHI: The amount of foreign currency travellers leaving Pakistan can carry without having to declare it has been capped by the age of the traveler, a new advisory issued by the Federal Board of Revenue (FBR) says.

According to the FBR advisory, issued on Tuesday, travellers aged less than 5 years can carry $1,000 (or an equivalent amount in other foreign currencies) on a single visit. If they travel abroad multiple times a year, they can carry a maximum of $6,000 in one year.

Passengers aged 5-18 years can carry $5,000 on a single visit and up to $30,000 over a year in case of multiple visits.

Similarly, travellers who are above 18 can carry $10,000 on a single visit and up to $60,000 over a year in case of multiple visits.

Importantly, all travellers leaving Pakistan have been forbidden from carrying more than Rs3,000 on their person under the new rules.

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