Tax-Free Shopping For Non-EU Residents Is As Simple As Keeping Your Receipts

When traveling abroad there is that small thrill felt when passing by the duty-free store tucked into various international airports selling all manner of goods including perfumes, alcohol, and chocolates for purchase sans sales tax. With the every day reality of paying taxes, the moment a consumer can free themselves from it, the more attractive the shopping item becomes. Beyond the already tax-free shops, when traveling into the European Union (EU) from a non-EU country, tax-free shopping as a non-EU resident is possible by reclaiming taxes on a number of retail goods.

What consumers know in the United States as sales tax, the European Union classifies as value added tax, or VAT. When traveling abroad with the EU, VAT will become a familiar percentage added to all purchased goods. Member countries within the EU are not able to reclaim any VAT on their purchases unless they are to be sent out to non-EU countries.

The value added tax or EU-VAT, encompasses all member countries of the union and so becomes an issue for non-EU dwelling residents traveling abroad within the European Union. Members of the EU are unable to take advantage of a VAT refund unless the items are purchased to be sent outside of the EU.

Going through the paperwork process of refunding EU-VAT is not one that has to be accomplished alone. There are a number of reputable companies with the technical experience and established retail relationships to do the work for you.

Getting a refund on VAT for something as small as a pack of gum isn’t going to happen, there are minimum purchase requirements that must be adhered to, as well as different refund percentages for each EU nation.

Minus the purchase of books and clothes for children, which are exempt for VAT, any minute item cannot be claimed in search of a VAT-refund. Minimum purchase requirements must be met to obtain a proper refund and each EU country has its own VAT-refund percentage.

For example, Premier Tax Free has relationships with over 70,000 worldwide retailers. Choose which company you want to handle your refund wisely and you can make tax free shopping for non-EU residents an easy transaction.

Find out all you need to know about tax free shopping by checking it out today. Take advantage of the chance to save money by enjoying some tax free shopping. Jump online and find out all you need to know.