Peru to implement tax free for foreign tourists by June

16-04-23

The Minister of Tourism, Luis Fernando Helguero, announced that the implementation of the General Sales Tax refund for foreign visitors, Tax Free, would be implemented approximately in June.

In this regard, he said that the Council of Ministers had approved a Legislative Decree related to this issue, which will be published shortly and which has the support of the Ministry of Economy and Finance (MEF).  

The head of Mincetur pointed out that Tax Free is the system for promoting tourism through the refund of sales tax - or value added tax to tourists - on purchases made in the country they are visiting.   

Among the main benefits of this incentive we can mention: it will promote the formalisation of establishments dedicated to commerce, aimed at tourists; it will contribute to the achievement of sectorial goals, such as the increase in average expenditure and the generation of foreign currency; it will also promote shopping tourism and the multiplier effect on the arrival of international tourists.