Money and Healthcare in Saudi Arabia

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Money and Healthcare in Saudi Arabia

Posted On : Feb-23-2010 | seen (617) times | Article Word Count : 615 |

Article contains information over health conditions or healthcare facilities, monetary costs in Saudi Arabia. Article will also clear cost of living in Saudi Arabia.

Saudi Arabia is the largest country of Middle East and is considered birthplace of Islam. The development of the city has resulted in increasing job opportunities that has attracted expatriate population in large numbers. The culture and lifestyle of Saudi Arabia is welcoming to these migrants as both domestic and international companies require skilled and qualified workforce from outside. This article introduces you to the health conditions or healthcare facilities, monetary costs and benefits and various other factors related to living in Saudi Arabia.

Healthcare:
The quality of healthcare facilities in Saudi Arabia is generally high in both private and public sectors. However, specialized treatments need assistance from outside the city and can be afforded only by wealthy families. There are very few local doctors, nurses and other medical staff in Saudi Arabia as majority is from abroad. The city offers free or reasonable public medical services to both the nationals and the expatriates. These facilities are also extended to tourists visiting Saudi Arabia but on the condition that they have travel insurance covering medical costs.

It is extremely important to take a health insurance plan if you are planning to take up a job in Saudi Arabia. Private medical facilities are quite expensive, thus, making it necessary to be covered by the plan. But, you should be careful while choosing your health or dental insurance plan as there could be limitations of medical conditions, occupations, age limit, etc.

Monetary Benefits:
The currency of Saudi Arabia is Saudi riyal (SR) divided into 100 halalas and is affected by changes in US dollars. The major airports of the city offer services like currency exchange and banking facilities. There are no restrictions for residence visa holders on import and export of funds or on opening of bank accounts. You can avail expert banking facilities in Saudi Arabia as it sees huge outflow of money all the time with opening of offshore accounts to avoid income tax in home countries and expatriates transferring money to native countries. There are plenty of international, regional and local banks across the cities of Saudi Arabia. Central banks, merchant or corporate banks, investment banks, retail or ‘high street’ banks are some of the types of banks available in the country.

The cost of living in Saudi Arabia is not very high due to tax free services provided to locals and expatriates but it largely depends on your style of living. The costs of accommodation, designer clothing, branded household goods, imported food items, etc. is certainly more. Other things like cars; wines and spirits; electronic goods like TVs, DVD players; computer equipments; etc. are generally less expensive due to lower import duties. Even utilities like water, electricity, gas, etc. are offered at subsidized rates.

Living in Saudi Arabia:
The low living costs, tax-free services and other monetary benefits are among the major attractions for expatriates from various countries. This helps you in saving good amount of money while leading a luxurious life even when away from the home country. You can travel all around the world, socialize with fellow expatriates, make friends and live a peaceful life. There are various recreation options available like tennis lessons, scuba diving, volleyball tournaments, desert walks, barbecuing, etc. Jewelry in Gulf is generally at lower prices and is readily available in wide variety. So, you can invest in gold, silver or shop for other kinds of jewelry at reasonable and affordable costs.

Gulf cities usually offer handsome remuneration and pleasing lifestyle to migrants entering the city. In return, it simply asks for sticking to dress codes, following the law and other dictates of Islamic society.

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<h1>Money and Healthcare in Saudi Arabia</h1> Author: <a href='http://www.articleseen.com/profile_mnknaukri.aspx'>mnknaukri</a> Saudi Arabia is the largest country of Middle East and is considered birthplace of Islam. The development of the city has resulted in increasing job opportunities that has attracted expatriate population in large numbers. The culture and lifestyle of Saudi Arabia is welcoming to these migrants as both domestic and international companies require skilled and qualified workforce from outside. This article introduces you to the health conditions or healthcare facilities, monetary costs and benefits and various other factors related to living in Saudi Arabia.

Healthcare:
The quality of healthcare facilities in Saudi Arabia is generally high in both private and public sectors. However, specialized treatments need assistance from outside the city and can be afforded only by wealthy families. There are very few local doctors, nurses and other medical staff in Saudi Arabia as majority is from abroad. The city offers free or reasonable public medical services to both the nationals and the expatriates. These facilities are also extended to tourists visiting Saudi Arabia but on the condition that they have travel insurance covering medical costs.

It is extremely important to take a health insurance plan if you are planning to take up a job in Saudi Arabia. Private medical facilities are quite expensive, thus, making it necessary to be covered by the plan. But, you should be careful while choosing your health or dental insurance plan as there could be limitations of medical conditions, occupations, age limit, etc.

Monetary Benefits:
The currency of Saudi Arabia is Saudi riyal (SR) divided into 100 halalas and is affected by changes in US dollars. The major airports of the city offer services like currency exchange and banking facilities. There are no restrictions for residence visa holders on import and export of funds or on opening of bank accounts. You can avail expert banking facilities in Saudi Arabia as it sees huge outflow of money all the time with opening of offshore accounts to avoid income tax in home countries and expatriates transferring money to native countries. There are plenty of international, regional and local banks across the cities of Saudi Arabia. Central banks, merchant or corporate banks, investment banks, retail or ‘high street’ banks are some of the types of banks available in the country.

The cost of living in Saudi Arabia is not very high due to tax free services provided to locals and expatriates but it largely depends on your style of living. The costs of accommodation, designer clothing, branded household goods, imported food items, etc. is certainly more. Other things like cars; wines and spirits; electronic goods like TVs, DVD players; computer equipments; etc. are generally less expensive due to lower import duties. Even utilities like water, electricity, gas, etc. are offered at subsidized rates.

Living in Saudi Arabia:
The low living costs, tax-free services and other monetary benefits are among the major attractions for expatriates from various countries. This helps you in saving good amount of money while leading a luxurious life even when away from the home country. You can travel all around the world, socialize with fellow expatriates, make friends and live a peaceful life. There are various recreation options available like tennis lessons, scuba diving, volleyball tournaments, desert walks, barbecuing, etc. Jewelry in Gulf is generally at lower prices and is readily available in wide variety. So, you can invest in gold, silver or shop for other kinds of jewelry at reasonable and affordable costs.

Gulf cities usually offer handsome remuneration and pleasing lifestyle to migrants entering the city. In return, it simply asks for sticking to dress codes, following the law and other dictates of Islamic society. 
About the Author: Deepika Bansal writes on behalf of NaukriGulf.com, a leading job portal for <a rel="nofollow" href="http://www.naukrigulf.com">jobs in Gulf</a> Region, <a rel="nofollow" href="http://www.naukrigulf.com/ni/nijobsearch/loc-jobs-saudi/">Jobs in Saudi Arabia</a>, Middle East jobs. Naukri.com's foray into the Middle East is an Endeavour to provide established client base with services that best meet their international requirements as well as expand our operations on to a global arena. Article Source: <a href='http://www.articleseen.com/Article_Money-and-Healthcare-in-Saudi-Arabia_11639.aspx'> http://www.articleseen.com/Article_Money and Healthcare in Saudi Arabia_11639.aspx</a>

Article Source : http://www.articleseen.com/Article_Money and Healthcare in Saudi Arabia_11639.aspx

Author Resource :
Deepika Bansal writes on behalf of NaukriGulf.com, a leading job portal for jobs in Gulf Region, Jobs in Saudi Arabia, Middle East jobs. Naukri.com's foray into the Middle East is an Endeavour to provide established client base with services that best meet their international requirements as well as expand our operations on to a global arena.

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