In July 2018, Spain removed its minimum purchase amount of €90.16 for A number of countries offer VAT/GST refunds to international... More transactions. This means that eligible travellers in Spain can now claim a VAT refund regardless of the total amount of their shopping.
This represents a strong opportunity for local retailers, who can now deliver better value for more international customers, without the need to discount. In turn this is expected to drive an increase of SiS refers to the total spend by Globe Shoppers for a given ... More and position Spain as more attractive shopping destination.
What has impact of this been on the performance of Spain’s A number of countries offer VAT/GST refunds to international... More industry? See below for an exclusive snapshot of Global Blue’s initial data results: