Property Declaration for Oversea Pakistan - Govt Has Gone Crazy

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  • Опубліковано 7 вер 2024
  • What are the new rules of property declaration for overseas Pakistanis?
    And why should overseas Pakistani be pushed into registering as tax payers, when they are non-residents?
    Why do overseas Pakistani have to pay extra taxes as non-filers, When we do file our taxes in our country of residence?
    Why have foreign currency accounts been blocked?
    How do you bring the money to Pakistan? Is there an approved Bori?
    I have faced 3 issues:
    1. I have been asked to register as a filer
    2. I have had to pay extra tax to register the property because I am considered non-filer in Pakistan.
    3. My foreign currency account in Pakistan is closed, how do I bring the money?

КОМЕНТАРІ • 87

  • @mah-i-laqarafiq9094
    @mah-i-laqarafiq9094 5 років тому +4

    My suggestion is to send this video to MR. Zulfi Bukhari. He is Advisor to PM for Overseas Pakistani. He must know how we feel and what problem we are facing.

  • @anisahmed9678
    @anisahmed9678 4 роки тому +2

    Trqiyat ka liye Awam ki saholat ka liye kosisch krna chaye pakistan ma. Apki Aplication exept krna chaye good speech hai .

  • @divineknowledge9153
    @divineknowledge9153 2 роки тому

    Very true bro, why these rules for overseas Pakistanis. They are assets, income generators for Pakistan. They should not be penalised with unrealistic red tapes or ruling. Pakistani Govt please think through, have some thought process 🤦🏻‍♀️

  • @joeblainey2627
    @joeblainey2627 5 років тому +2

    Well said. Whatever he said is true .

  • @iqbalahmed5979
    @iqbalahmed5979 5 років тому +1

    بہوت اچھا طریقہ بتایا آپ نے۔ ڈالر پر منافع دینا چاہیے۔ تاکہ کافی لوگ پاکستانی بینک میں ڈالر جمع کریں۔
    روپے بینک سے نکالتے وقت کیپٹل پر ٹیکس نہیں کانٹنا چاہیے۔

  • @IsrarKhan-gu6cj
    @IsrarKhan-gu6cj 5 років тому +2

    Very correct.
    Australian dollar account in standard chartered bank and Askari Bank should be available. To keep money in Pakistan, incentive is needed.

    • @immaculatestuff
      @immaculatestuff  5 років тому

      All Major Foreign Currency Accounts, that you should be able to open from within your country and keep money in it.
      What is the rocket science in it?

  • @ziawaraich5959
    @ziawaraich5959 4 роки тому +2

    this is the best legal and the most secure advise, for god sake try toapply for us helpless living abroad, i request zulfi bokhari please you can feel our problem advise to the relevent authority. i have allready tweet some time.

    • @immaculatestuff
      @immaculatestuff  4 роки тому

      Instead of appealing requesting, just put your money where is secure and respected.

  • @JawwadHaq
    @JawwadHaq 4 роки тому +1

    Kudos, excellent video, all valid points. Frustration increasing, thinking of plan B, close accounts and sell property in Pakistan.

    • @immaculatestuff
      @immaculatestuff  4 роки тому

      The issue will selling property is that property market and prices are slow there, and exchange rate is £1:200 Rs. So it's huge loss to make.
      I suppose its a matter of wait and see.

    • @arshad25
      @arshad25 4 роки тому

      Right. We also suffered a lot. We found our sims are blocked, our accounts have been blocked and there is no one window facilitation center where we can get help from. It is better to stop all future investments in pakistan

    • @Naim-7
      @Naim-7 4 роки тому

      @@arshad25 Mr. Arshad are you really a Pakistani???

  • @imran2cu
    @imran2cu 5 років тому +2

    totally true. i just plan to buy a plot in lahore. your video make me shock .n am going to change my plan.

    • @immaculatestuff
      @immaculatestuff  5 років тому

      As long as you can transfer funds from a bank abroad to your bank in PK, and then pay for the plot from you PK account, that shall be fine.
      Problems, you shall face is transferring money into your PK account as it shall only be in PaK Rs. and may or may not accept money in Foreign currency.
      After that, you will be charged extra fees, as you shall be considered non-filers in Pakistan.

    • @pme6713
      @pme6713 5 років тому

      @@immaculatestuff why cant one transfer their money from a bank abroad to their bank in PK in foreign currency?

  • @muhammadusmanali2298
    @muhammadusmanali2298 4 роки тому +1

    Well done Bravo! Plz share ur information with overseas Pakistan foundation also. Also one big issue with O-pakistanis is qabza groups in great country of Pakistan.

    • @emadahmed3974
      @emadahmed3974 3 роки тому

      @muhammad Usman Ali this is another fraud dear. i did use many time

  • @sthkong
    @sthkong 4 роки тому +1

    I have many fiends from India and Philippines, their countries always facilitate their Overseas in terms of investment rules and policies. But in Pakistan, the system is so weird that the ruined even what the least possible FDI.

  • @Pothwarpluss
    @Pothwarpluss 4 роки тому

    Right sir

  • @gali8163
    @gali8163 5 років тому +1

    Very nice video

  • @iqbalahmed5979
    @iqbalahmed5979 4 роки тому +2

    Many of my friends stopped sending money because of abnormal rules.

  • @aqeelabbas868
    @aqeelabbas868 5 років тому +1

    True

  • @ranjha876
    @ranjha876 4 роки тому

    I am a non-resident pakistani living in sweden, i am filer since 2016 , i dont see any problem because i don't need to give any details including wealth while submitting tax return. I am transferring money to my pakistani account whenever i want using transferwise app in minutes with best rates. Also i can claim withholding tax that is due by govt of Pakistan to pay me when i spent my money in certain areas. Actually its win win situation. I understand Pak will not go as Eurpean do, so adopt pakistani way of handling stuff.

    • @dollgurhiya8760
      @dollgurhiya8760 4 роки тому

      Dear Brother.. I am in KSA.. How did you become tax filer.. I want to be.. Did they ask to give details every year.. ?

    • @ranjha876
      @ranjha876 4 роки тому

      @@dollgurhiya8760 Everything is online , you need to register at FBR iris.fbr.gov.pk/public/txplogin.xhtml
      then submit return every year, for overseas pakistani its very easy take 5 minutes to submit return as overseas are exempted from giving wealth/expenses details.

  • @iqbalahmed5979
    @iqbalahmed5979 4 роки тому

    Government should take consultancy to understand reality. There should be profit on foreign currency account. It will encourage people to send money through bank.

  • @arshad25
    @arshad25 4 роки тому

    Mr. Zulfi is enjoying his status and visits to abroad. Do you think he has time left to do something for overseas. This govt. is worst for overseas and doing nothing. We have to take care of ourselves. Better not to invest here and enjoy life in abroad

  • @skf4406
    @skf4406 5 років тому

    Awwsome interpretation.. i am lov'in

    • @immaculatestuff
      @immaculatestuff  5 років тому

      Well, these are genuine problems we are faced with.

    • @farhatsohail6120
      @farhatsohail6120 4 роки тому

      Sayyidah Shah Assalamualaikum g apko koi bhi preshani ho ap duaa kiya karen namaz parhen or wazifa karen kuch bhi kaam ka wazia or duaa puchen 00923314498408 God will make it better Insha’Allah don’t worry God help you

  • @muhammadimranmazhar4851
    @muhammadimranmazhar4851 4 роки тому

    you know i am sitting in Dubai & thinking the same stupid things that how i have to register my few plots in pakistan, no one is answering properly. filer & non filer :( these two things making me mad ...

  • @saeedghauri6689
    @saeedghauri6689 5 років тому +3

    Bhi sahib ager FBR ki website per ja ker kuch Thora bhut information perh laity to Shahid yeah video na banatay. Ganday ki buniad per aap nay yeah video banai aap nay.

    • @immaculatestuff
      @immaculatestuff  5 років тому

      So does the website mention why my GBP account in PK has been blocked? Disseminating the new law is also the responsibility of the govt. So far there is no clarification on why my GBP account was blocked, and there is no way for me to transfer funds to Pakistan keeping them in pound sterling.
      You are probably not interested in the difficulty I am facing but just in silencing my voice. Which of course, isn't very welcome.

  • @sajidbajwa4225
    @sajidbajwa4225 4 роки тому

    Ham loog apne jaidadon k case kasy larain
    Koe hal ha
    Pachy sy case hoty hain is ke koe special branch ha overses ke

  • @yousafawan5045
    @yousafawan5045 4 роки тому +1

    Ye jo overseas pakistani han.
    Jo salry le bejty han.jo kuch uno se passy jama key han wo jo han.un se b with holding tax cut rey han.kuch smj ni ati hs un logo ki.
    Yousafawan899@gmail.com
    Un k opr kuch betayn

  • @mohammadumer5852
    @mohammadumer5852 4 роки тому

    بهت خوب

  • @nazimmehmood5832
    @nazimmehmood5832 4 роки тому +1

    میرا یورو کا اکاؤنٹ پاکستان میں تھا ہر سال اس کو ایکٹو کروانا پڑتا تھا۔تنگ آکر اس کو میں نے بند کروا دیا۔پراپرٹی پاکستان میں کون خریدتا ہے۔وہاں پر قبضہ مافیا بہت طاقتور ھے۔پولیس عدالت کے چکر ہمارے بس میں نہیں ہیں۔

  • @joeblainey2627
    @joeblainey2627 5 років тому +4

    Zulfi Bukhari, are you listening

    • @immaculatestuff
      @immaculatestuff  5 років тому

      I don't think he is, unfortunately.
      To this date, no clear information, no guidelines and no solutions.

    • @feelinghealingnature1939
      @feelinghealingnature1939 4 роки тому

      indeed stop posing and start listening to OP

    • @Naim-7
      @Naim-7 4 роки тому

      How can we be so assured that some government officials be sitting on UA-cam and watching all the videos and be trying to resolve issues. Be responsible and let some authorities know through proper Channels.

  • @anisahmed9678
    @anisahmed9678 4 роки тому +1

    Acont open krna chaye .

  • @Mariner60
    @Mariner60 5 років тому

    NRPs facing nightmare due to arrogant FBR requirment of PRC, i,e a certificate from bank in pakistan. There are many other legal channels in pakistan where we take money to Pakistan but tgey dont accept. Beside they imposed asset declaration on NRPs. Several thousand NRPs somehow managed to buy house/plot for the last days of their retirement but they imposed tax in this ordinance without giving any consideration towards ground realities. They are ready to impose heavy penalties if you can not provide PRC. This is a big headach. Why other legal channels i:e taking cash alongwith or sending by hand, or changing with money changer , are allowed by Givt if those are not acceptable by FBR. In order to avoid black mailing I had declared all my assets and payed taxes. In other words I accepted that my hard work earning over the years overseas was black money.
    Who provide DC rates for property purchse. Infos on asset declaration was incomplete.time was not enough. It turned out yo a horrible experience. Still tax on my domestic FC account in unpaid. My FC account was blocked. NBP did not take cheaques. HBL doesnt know how to pay tax in usd to NBP. Incompetant authourities gave headach to NRPs.

  • @insightbusinessconsultants9851
    @insightbusinessconsultants9851 4 роки тому

    Dear filled return as non residents your all probelms will be solved without filling return how can government know you are residents or not

  • @furqanshafiq9017
    @furqanshafiq9017 4 роки тому

    i just feel like our nation is just insecure of developing . faulty banking and economic system doesnt allow to grow economy .

  • @insightbusinessconsultants9851
    @insightbusinessconsultants9851 4 роки тому

    Non residents dont require to file wealth statements

  • @pme6713
    @pme6713 5 років тому

    currently, im a non-resident pakistan. if i go to pakistan and stay there for a year to construct my house will this change my status to resident pakistani or will i still remain a non-resident?

    • @faisalrehman4242
      @faisalrehman4242 5 років тому +1

      PME u will then become resident

    • @pme6713
      @pme6713 5 років тому

      @@faisalrehman4242 if i become a resident will i have to pay taxes if i transfer money from my usa account to pak account?

    • @faisalrehman4242
      @faisalrehman4242 5 років тому

      U should transfer money via bank to Pakistan as a non resident and deposit it in savings and then become resident of Pakistan

    • @naeemqureshi7588
      @naeemqureshi7588 4 роки тому +1

      We agree with him. The rules are too tedious and we cannot understand them sitting over seas. We don't want to deal with govt functionaries. We should be able to transfer foreign currency to and from Pakistan.

  • @soljokakhtarchudry951
    @soljokakhtarchudry951 5 років тому +1

    Intlegent man

  • @hussain991shakeel3
    @hussain991shakeel3 4 роки тому +2

    good intelligent thinking lakn etny intilligent log pak me nhi hy jo etna sochsaky yaha tu aik sall me easa easa jahilo valy kam horahy kitny video upload hochuky hy koi fesility nhi churi dakaity robbery bike car lifter eroog pr police traffic police wardner asar rasook valy ghande logo ka zulm school hospital mafia eroog pr banking nazam full distrup karoobari nizam floop full damage to lost total lost mehangai mygod tax policy is good lakn koi recovery ki thinking nhi funny policies nomanagment yar kia bataio govt kehty hy sab khuch hamy do or safai khud kro hotel resturant me ghand khio peeny ka pani nhi load shadding my god but where is expert thinking apky pas mery pas achy soch hy lakn jo expert hy enkypas kuo nhi hy ya easy vasy soch pr policy banarahy hy or bad me u turn u turn uuuuuuuuuu tuuuuuurnnnnnnnrrrrrrrgovt sellecteeed

    • @faridahsan980
      @faridahsan980 4 роки тому

      write in Urdu fonts or in English, whatever you know

  • @malikghous8556
    @malikghous8556 5 років тому

    Abe my brother, then you send it to the property where you live here, leave Pakistan on tax here, do not make a check, do not go to Pakistan, why die, leaving Pakistan will be left in Pakistan. People give together but if you ask for any tax there then you feel very bad because I feel bad about you

  • @saimchishti4386
    @saimchishti4386 5 років тому

    O bhy apni income save kro dosre Country investment kro lanat bhejo yeah support ke qabil nhi in ko sirf bheek milny chaiay. Aur hamein bhag bhag ke Pakistan jaty ho ap mulk wohi hi jo ap ko ASANIAN de rha ho. Aur banks aur MN fbr MN aur idher udher bethe hn un ko real world system ka Pata he nhi kghazon pe abhi tuk Kam krty type writer user hn abhi hi lukh de lanat hi in pe soor ke bchy

  • @Naim-7
    @Naim-7 4 роки тому

    Whatever you said seems logical but why don't you talk to some real people. Instead of making a video on UA-cam. And when you say don't share then how can you be assured that it might be able to reach to to right people.

  • @karachi4434
    @karachi4434 4 роки тому

    SUE THEM......

  • @iqbalahmed5979
    @iqbalahmed5979 5 років тому

    یہ ٹیکس کا چکر پورے بزنس کو تباہ کر دیگا۔ بینک کا سسٹم کوآپریٹیو نہیں ہے، اور اسی وجہ سے کافی لوگ بینک کے ذریعے پیسہ نہین بھیج رہے ہیں۔ ضرور کوئی مافیا بینک میں ہے جو حکومت کو ٹیکس کے چکر میں مس لیڈ کر رہاہے۔

  • @anjumali970
    @anjumali970 4 роки тому +1

    Baatain acchi krte ho. Lakin saath shokhiyan bohat maartay ho

  • @iftikharabbasi8503
    @iftikharabbasi8503 4 роки тому

    Full of anciety. So complicated.

  • @faridahsan980
    @faridahsan980 4 роки тому

    I saw your video yesterday and since then i am shocked by your insulting attitude. The language you used was bit abusive while you know that most of the NRPs in EU are living a sub standard life. British pound is not an international currency that could be reason to stop your bank account. Foreign currency(U.S. dollar) is still allowed.

  • @anjumali970
    @anjumali970 4 роки тому

    Baatain acchi krte ho. Lakin saath shokhiyan bohat maartay ho