Economy

Tunisia-It is now possible to open a foreign currency account in Tunisia

The Tunisian parliament on Monday approved an economic recovery law that enables people to open foreign currency accounts for the first time and further permits companies and individuals to agree on a financial settlement for foreign exchange violations.

This measure will pave the way for IT developers, content creators, artists to the extent that they can receive their payments from abroad in currency or buy abroad.

Under article 11 of this bill, citizens have the right to hold currency accounts, this will expedite the online purchase or payment of a hotel room abroad but with the simply restriction: Ban to make transfers to other accounts abroad.

It is possible to finance these accounts from transactions with people or companies abroad with a 10% final contribution calculated on the basis of the sums deposited.

Furthermore, the Minister of Finance introduced these modifications in order to enable persons who have lost the status of non-resident and resident persons of foreign nationality, to have real estate, movable property and foreign currency accounts inside. and outside the country.

Regarding this category, it is possible to finance accounts in foreign currencies or dinars in Tunisia with the sums deposited in these accounts in foreign currencies to cover their expenses outside Tunisia and to reconstitute their accounts in foreign currency.