Saudi Arabia has launched a VAT refund program for international tourists, joining countries like Mexico, Spain, and Japan. This move, part of the Kingdom’s Vision 2030, aims to boost tourism by attracting high-value visitors, particularly for luxury shopping in cities like Riyadh and Jeddah. The program offers 15% VAT refunds on eligible goods, supporting the country’s broader strategy to diversify its economy and enhance its global tourism appeal.
Saudi Arabia introduces VAT refunds for tourists in travel reform
Published On :
April 27, 2025
April 27, 2025
Anamika Chauhan is a Senior Content Writer at TBO Academy. Specializing in B2B content, she works closely with the marketing team to bring out the outlook about the industry in her write-ups. Connect with her on LinkedIn or write to her at anamika.chauhan@tbo.com