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Saudi Arabia Launches VAT Refund Program for Tourists to Boost Tourism and Retail Growth

  • Saudi Arabia launched a VAT refund program for tourists and GCC nationals
  • Eligible visitors can reclaim 15 percent VAT on qualifying purchases
  • Available through 1,442 authorized retail outlets across Saudi Arabia
  • Applies to non-resident tourists aged 18 and above
  • Total purchases must exceed SAR500 and goods must be unused and exported within 90 days
  • Certain categories like accommodation and vehicles are excluded
  • Refund process available at airports with 18 verification counters
  • Refunds processed via card or cash with a daily cash limit of SAR5,000
  • Program aims to boost tourism and retail growth in line with Vision 2030 objectives

Source: gulfbusiness.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.

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