Govt sets caps by age on amount of foreign currency allowed to be carried abroad

Published
54
Travellers above 18 can carry $10,000 on a single visit abroad. — AFP/File
Travellers above 18 can carry $10,000 on a single visit abroad. — AFP/File

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.

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Fixing bond markets
01 Oct, 2026

Fixing bond markets

THE plan to deepen the domestic local currency bond market by allowing the public to trade government securities...
Call centre rackets
01 Oct, 2026

Call centre rackets

A NUMBER of recent raids conducted by the authorities in different cities point to the growing threat fraudulent ...
Homeward bound
01 Oct, 2026

Homeward bound

FIVE months after Somali pirates captured an oil tanker carrying a 19-member multinational crew, Somali maritime...
Kashmir unresolved
Updated 30 Sep, 2026

Kashmir unresolved

The just solution lies in India addressing the issue through a trilateral dialogue involving the legitimate representatives of the Kashmiri people and Pakistan.
Water shortage
30 Sep, 2026

Water shortage

THAT the country is entering the Rabi season with an anticipated water shortage of nearly 25pc, the lowest carryover...
Young hearts
30 Sep, 2026

Young hearts

THE observance may have passed, but the message of World Heart Day should not fade with it. The occasion is a useful...