- Saudi Arabia has introduced a VAT refund service for international visitors to boost tourist spending.
- The service is launched by the Zakat, Tax and Customs Authority.
- Eligible visitors can reclaim VAT on purchases made during their stay.
- Refunds are processed at major international airports in Riyadh, Jeddah, and Dammam.
- Tourists must be over 18, non-residents, and meet spending thresholds of $133.
- Only goods from VAT-registered stores for personal use qualify for refunds.
- Items must be unused and in original packaging until departure.
- Refunds are available in cash up to $1,332 per person per day or via credit card.
- Non-eligible items include services, vehicles, food, tobacco, and oil derivatives.
- Tourists need a valid passport, original invoices, a VAT refund form, and proof of departure.
- Retailers must be certified, train staff, issue compliant invoices, and display VAT refund signs.
- Visitors are advised to shop at certified outlets and validate claims before leaving.
Source: fastcompanyme.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.
