Category : | Sub Category : Posted on 2024-10-05 22:25:23
When you make purchases in Lisbon, Portugal, as a non-EU resident, you are entitled to a refund of the Value Added tax (VAT) on eligible goods that you are taking out of the country with you. The current standard VAT rate in Portugal is 23%, so getting a tax refund can add up to significant savings. To qualify for a tax refund, there are a few key things to keep in mind. First, you must be a non-EU resident and have a permanent residence outside the European Union. Second, your purchases must meet certain criteria, such as a minimum purchase amount per receipt. Third, you need to obtain a tax-free form from the store where you made your purchase and have it stamped by customs when you leave the EU. In Lisbon, Portugal, there are several ways to receive your tax refund. Some stores offer in-store refund services, where you can get your refund immediately upon presenting your stamped tax-free form. Alternatively, you can use the services of tax refund companies located at the airport or other designated locations to process your refund. It's essential to keep in mind that there may be a processing fee deducted from your refund amount, so be sure to check the terms and conditions before applying for a tax refund. Additionally, some items, such as services, food, and other non-tangible goods, may not be eligible for a tax refund. In conclusion, if you're a non-EU resident visiting Lisbon, Portugal, and planning to do some shopping, don't forget to explore the option of getting a tax refund on your purchases. With a little bit of planning and the necessary documentation, you can enjoy savings on your shopping expenses and make your trip to Lisbon even more rewarding.
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