Although the introduction of the Value Added Tax(VAT) in 2018 does levy a 5% tax on any items purchased, buying gold is still considerably cheaper in Dubai compared to other countries in the world. Also, tourists can claim VAT refunds in the UAE for all purchases made in the country.
How Do You Declare Gold at the Airport?
James H. Sterling
Environmental Science & Climate Journalist
James Sterling reports on renewable energy developments, climate policy, ecological conservation, and green tech innovations around the globe.
