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Approximately 3.7 million Indian nationals reside in the United Arab Emirates and millions more travel there each year to conduct business. Recently, individuals have been stopped and detained for carrying large amounts of cash, including millions of dirhams and Indian rupees. So how much cash should you carry? What is the allowed limit? Below is some important information for you about your UAE – India travel.
You Can Carry Cash When Traveling UAE-India
Tourists to the UAE and most other countries are limited to buying up to $3,000 (Dh11,000) in foreign currency per visit, according to information posted on the Reserve Bank of India’s website.
Regulators allow NRIs to carry larger amounts in the form of bank drafts, stored value cards or travelers cheques.
Residents of India who travel abroad can bring back Indian banknotes worth up to Rs 25,000, the RBI said. However, individuals from Nepal or Bhutan can carry Rupee notes up to a denomination of Rs 100.
Visitors from outside India can bring any amount of foreign currency into the country.
However, when the total value of foreign currency entering the country in the form of banknotes, banknotes or traveler’s checks exceeds US$10,000 or its equivalent, or the value of a single foreign currency exceeds US$5,000 or its equivalent, it must be declared after arriving in India and submit a currency declaration form to the customs authority at the airport (CDF).
Also read: Crowne Plaza Abu Dhabi has a new menu and it looks mouth-watering!
Permits for Hajj and Umrah Pilgrims
Indian citizens traveling for Hajj and Umrah can also bring $250,000 in cash.
Passengers to Iraq and Libya are allowed USD 5,000 or its foreign currency equivalent per trip. Travelers to Iran, Russia or the Commonwealth of Independent States can withdraw up to $250,000 in foreign currency cash in the form of foreign currency notes or coins, according to a statement on the apex bank website.
Earlier this month, a man traveling to Dubai was detained at Mumbai airport after customs officers found more than 1.42 million dirhams (cash) in his bag, Indian media reported. (according to Reserve Bank of India)
Also read: Did you hear it? Dubai ranks among the top 10 most popular destinations for long-haul flights!
Be sure to keep these restrictions in mind before traveling!
Cover image courtesy of: Canva
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