- Saudi Arabia has launched a VAT refund scheme for tourists and GCC nationals.
- Eligible visitors can reclaim 15% VAT on purchases over SAR 500 at more than 1,440 outlets.
- The refund applies to non-resident tourists aged 18 and above with spending over SAR 500.
- Items must be for personal use, unused, and exported within 90 days.
- The scheme excludes services like hotel stays and products like vehicles and tobacco.
- Shoppers need a tax-exemption form by showing a passport or GCC ID.
- Tourists can combine up to three receipts from the same store on the same day.
- Verification is required at kiosks in three international airports.
- Refunds are available in cash or to a payment card, with cash limits per day.
- The scheme aims to boost tourism and position Saudi Arabia as a shopping destination.
Source: gulfnews.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
