With the aim of promoting tourism and strengthening formal trade, the Chilean government announced the implementation of a return regime of the VAT To non -resident tourists. The benefit will allow visitors to recover the 19% corresponding to the Value Added Tax in products that buy during their stay and transport with them when they leave the country.
This system, similar to the “Tax Free” in force in Europe or the US, seeks to increase consumption in registered stores, reduce informality and stimulate the local economy. For Argentines, it represents a particularly interesting opportunity to the increase in goods in the domestic market of Chili.
Although working on the technical aspects of the system, the general criteria for its operation have already been defined. Here we tell you, step by step, how Argentine tourists can access this reimbursement.
1. Buy at premises attached to the system
- Be sure to make your purchases only in shops that are part of the return program of VAT.
- These premises must issue invoices with your personal data and with the detail of the acquired products.
- The measure will apply to products such as technology, clothing, footwear, appliances and cosmetic.
2. Keep vouchers and prove your tourist status
- Keep all the original invoices issued by shops.
- It will be necessary to demonstrate that you do not reside in Chilipresenting your passport or identity document.
- The return only applies if the goods are transported in your luggage when leaving the country.
3. Request the return when abandoning Chile
- The procedure will be carried out in border crossings or airports before leaving the country.
- There you must present your vouchers, documents and the products bought.
- The return may be done in cash, credit card or bank transfer, according to the final regulations.
Chili Search with this policy to position itself as a competitive destination for foreign buyers. For many Argentines, this benefit could represent an important savings in high -added products. Although the system is still in the process of implementation, it is worth starting to plan the next purchases on the other side of the mountain range.
