Duty-free shops have an official air about them, perhaps because you need to have your passport on hand and make your way through customs to gain access to the cut-rate goods. But the only thing official is that you buy without paying tax or import duty.
The businesses themselves are non-government operations licensed by the Australian Tax Office. Skip to content Skip to footer navigation. Top of the content. Is duty-free shopping cheaper? Understand the value of anything that you purchase at a duty-free shop, since you do not have the luxury of comparison-shopping at that moment.
However, you can plan duty-free shopping through sources such as dutyfreeaddict. Make sure that you understand the rules at your destination country regarding duty-free materials, especially for alcohol and tobacco. Many countries, including the U. Finally, do not forget to take into account exchange rates if you are purchasing in a currency other than dollars. The purchase may be more or less expensive than you realize. The next time you have time to kill at an international airport -- and there will be such a time -- consider taking a stroll through the duty-free shop.
However, unless you are a smoker or a drinker, you should put in a little research before you buy. Others were mightily pissed. The A. Personal Finance. By Lisa Rowan. Unfortunately, the answer is no. In general, the best choices for duty-free shopping are those items that are most highly taxed. Many duty-free shops also sell high-end sunglasses and other fashion accessories, and you may also discover some significant luxury watches for sale.
Different duty-free shops carry different items and brands. Your savings often come from not having to pay the tax in the country of purchase. Some items tend to be overpriced in airports, particularly leather goods, sunglasses, and sometimes fine watches. The savings you might garner from saving on taxes might be wiped out by the higher price you pay.
Sometimes, though, you may be able to combine lower prices with duty-free savings to find some real deals. For example, if you know you want to buy a certain laptop and you plan to pass through some international airports, research to see the prices. Prices at duty-free shops can vary on a daily basis depending on the fluctuation of currency exchange rates. This can work in your favor.
Many people like to browse duty-free shops just to use up the leftover currency they have as they leave a country. If you truly want to save money on your purchases, however, be prepared to research prices in advance. Airport duty-free shops typically post their prices online. In addition, websites such as Duty Free Addict provide valuable pricing information and let you compare prices across multiple duty-free shops in various cities and countries.
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