An average of $40 million is spent at duty-free shops each year around the world, and this number is steadily on the rise. Duty-free shopping has always had a certain allure about it, with duty-free shops able to promise big bargains, as they are exempt from paying duty, otherwise known as local import tax, on the goods that they sell. The duty-free shops that you find in European airports are also VAT free, giving you even more savings. The reason that these shops are allowed to be exempt from paying tax is due to the fact that they are selling goods to shoppers who are leaving the country, which is why the majority of duty-free shops are found in airports and ports.
What To Purchase
With duty-free deals flashing at you from all angles, it can be difficult to know which products are actually providing good value for money. Generally, while alcohol and tobacco products may not do much for your health, they are among the best goods to purchase from duty-free shops. There are also a number of great bargains to be had with makeup and skin care, as well as some luxury goods.
What Not To Purchase
While there are many great deals to be found at duty-free shops, there are certain products that you would be better off purchasing elsewhere. Electronics are one of these, as often the marked down items at duty-free shops will be older models, and the latest models can usually be purchased for a similar price online. The same applies to clothing that has been imported, although clothing that has been made locally is usually a great item to buy from a duty-free shop.
Remember the Limit
Every country will have a limit on the value of duty-free goods that you are allowed to bring in, and it is important to check these before you travel. If you find yourself to be over the limit, you will have to pay tax on the excess, which could mean that your purchases become more expensive than they would have been if you had bought them elsewhere.
While it can sometimes be tricky to work out whether or not you are actually buying an item at a reduced price, duty-free shopping is always fun, with an incredible range of goods from all over the world available to browse through. This is made even better by the fact that most duty-free shops are at airports and ports, providing the ideal way to pass some time while waiting to travel. If there is a particular item that you are hoping to buy, it is always a good idea to do a quick bit of research beforehand, so that you know the average price before visiting a duty-free shop. If you make sure that you are a savvy shopper, then you will easily be able to pick out the very best deals at duty-free shopping, enjoying bargains that you would not be able to find elsewhere.