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How many people have over or equal to KD 100,000 cash in their accounts in Kuwait? Is it mainly locals or expats?

asked Apr 2, 2018 in Education by anonymous
Just a curious questions. How many people have over KD 100,000 in their bank account (if any).

And if so it will mainly be locals and not expats, is that correct?

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3 Answers

answered Apr 2, 2018 by anonymous
Many but I'm not one of them :(
answered Apr 3, 2018 by anonymous
expats 400,000
locals 20,000
from confirmed sources :)
commented Apr 3, 2018 by anonymous
Interesting figures. So when you want to do business, the demographics of expats trumps locals. No wonder the remittance is being talked about so much. Oh well...
commented Apr 3, 2018 by Mark (70,020 points)
that can't be right...
answered Apr 3, 2018 by dmcinc (2,030 points)
i dont know but if i have Kd 100,000 ill leave kuwait. and never come back

i just did a calculation if i save all my salary without spending any ill need 16.6years just to get KD100,000
that is so sad hahahahaha.

for sure the locals can save this much more than a typical expat.
commented Apr 3, 2018 by anonymous
"for sure the locals can save this much more than a typical expat."

That is where you are wrong my friend. Typical expats buy gold and send money home to better the lives of their children and for their future. That in itself is priceless.
commented Apr 3, 2018 by dmcinc (2,030 points)
true true i didnt see it that way. we do work hard to better our families lives.

but yet the scenario is having a KD 100,000 right now in an account or cash in hand.
commented Apr 3, 2018 by DJN (2,790 points)
edited Apr 3, 2018 by DJN
Deleted
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