The UAE issues a decision regarding money and gold during travel
A mobile application known as Afseh allows citizens of the UAE as well as visitors to the country who are transporting cash, gold, jewelry, diamonds, or any other items worth more than Dh60,000 to report their possessions to the relevant authorities.
All travelers entering or exiting the United Arab Emirates who are in possession of more than Dh60,000 or its equivalent in any other currency, financial assets, precious metals or stones are required to make a declaration to the customs authorities, This rule applies whether the passenger is entering or leaving the country, This regulation applies to all inhabitants as well as visitors who are going to enter or leave the nation by airports, ports, or land borders.
Obliging citizens to disclose all funds
As part of its drive to combat money laundering, the United Arab Emirates has decided to require citizens to declare all funds and possessions worth more than Dh60,000.
It is permissible for each adult member of a household who is over the age of 18 to carry up to a total of Dh60,000 or its equivalent in foreign money without being required to declare it to customs officials.
The Federal Authority for Identity, Citizenship, Customs and Ports Security (ICP) is responsible for the development of the mobile application known as Afseh.
Stages of providing details about passengers
Residents and nationalities will be required to submit details in a series of six phases, and they will also be required to declare the total amount of cash and valuables in their possession, Because this information can be altered, individuals have the opportunity to revise the value at a later time in the event that it either rises or falls when they are entering or exiting the country.