IVA To Be Returned To Foreign Tourists

panthdave says on Aug 15, 2008, 15:45:

What when is this??????? and effective???????

Good Damn Post....

panthdave Miami

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ColombianoGringo (Moderator) (Trustee board) says on Aug 15, 2008, 15:54:

This had been mentioned before, but I haven't seen any specifics. How do you get the money back? Does it apply to merchandise purchases only or do transportation, hotel and restaurant purchases count as well?

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panthdave says on Aug 15, 2008, 16:10:

I did this in Argentina at the airport but had to show receipts and they would post the credit back to my credit card....

Where are the details on this...do you have to show your passport at the airport with a tourist visa or another office or at the point of sale...?????

panthdave Miami

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Atrevido (☼Travelguide writer) says on Aug 15, 2008, 17:54:

bickerss says on Aug 15, 2008, 19:10:

I'm assuming 200,000 pesos and not dollars as you wrote!!

Investment Strategy - buying when others are crying!! Offloading when others are gloating!!!

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GregYohn says on Aug 15, 2008, 21:26:

Hola!

Time to go to shopping!

Where do I get my refund?

12VOIP.com gives free calls to Colombia.Greg

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tressel says on Aug 15, 2008, 23:48:

who gives the refund? if it's the seller of a product or retailer, how do you convince them that you should not pay it? i'm sure most never heard of this!

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panthdave says on Aug 16, 2008, 03:13:

I definitely will assume many stores will advertise in tourist areas like Oviedo in Medellin or all over Cartegena once the details get out...how the process will work if this is going to happen..will be a Sales Pitch for the Tourists..to sell..

panthdave Miami

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GregYohn says on Aug 17, 2008, 11:03:

Hola!

Translated by Google:
Government refunded VAT to buy foreign tourists in Colombia

Bogota, August 14, 2008 .- The announcement was made by Minister of Commerce, Industry and Tourism, Luis Guillermo Plata, who explained that the issue was already regulated by Decree 2925 August 2008, and that blanket purchases clothing, shoes, perfumes, leather goods, CDs, crafts, liquor, food for human consumption, toys, jewelry and handmade Colombian emeralds.

"This measure takes on great importance in the challenge we have set ourselves substantially increase visits by foreigners to the country. This is more than an incentive, coupled with the security they can breathe today and countless cultural and tourist attractions that have Colombia, will influence the decision of many tourists choose as a destination, "said the minister.

He explained that, on average, a foreign tourist spends U.S. $ 1,000 in Colombia, an amount that exceeds the world average is at $ 800, calculated on an average stay of 4.5 days. Hence the importance of not relent in our endeavour to give more strength to this activity, he said.

For his part, Deputy Minister of Tourism, Oscar Garcia Rueda, explained that foreign visitors, with only prove their nationality, through the passport entry or residence permit issued by the Administrative Department of Security-DAS, or any immigration card another paper, may attend, bills in hand, to the point of the DIAN at international airports, to process the application for refund of VAT.

The decree allows the identification of tourists, as a condition of returning, not only the passport, but also the national identity card in cases where it is valid to enter the country (Ecuador, Peru, Chile, Bolivia, Brazil) .

In a term not exceeding three months, counted from the request, foreign visitors will receive such return in their home countries, paid to the respective credit card with which they were acquired property. He clarified that the minimum purchase to obtain a refund should be $ 176 thousand today (excluding VAT) and the maximum amount of VAT which will be returned to a traveler will be the order of two million one hundred thousand pesos, approximately.

Spanish link
http://www.mincomercio.gov.co/eContent/NewsDetail.asp?ID=6560&IDCompan...

12VOIP.com gives free calls to Colombia.Greg

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arthur brode (☼Travelguide writer) says on Aug 17, 2008, 11:57:

Lisa Zee says on Aug 17, 2008, 11:59:

GregYohn :hello there, are you going to S.A? There is a lot of shopping there.

Feliz Navidad!

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arthur brode (☼Travelguide writer) says on Aug 17, 2008, 12:06:

panthdave says on Aug 17, 2008, 12:37:

So basically when I am down almost every two weeks and go shopping I should bring my receipts,credit card, and passport...

I am going to try September 1st...still traveling in and out via tourist stamp...

Food for Human Consumption includes Exito and Restaurants...?????

panthdave Miami

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arthur brode (☼Travelguide writer) says on Aug 17, 2008, 13:37:

tomtom33 (☼Travelguide writer) says on Aug 17, 2008, 13:38:

panthdave says on Aug 17, 2008, 16:57:

http://web.presidencia.gov.co/decretoslinea/2008/agosto/11/dec29251108...


DECRETO NÚMERO 2925 DE 2008

Is this the document...

panthdave Miami

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GregYohn says on Aug 17, 2008, 20:19:

Hola!

Get your receipts, credit card, passport, & printout of the law with you as long as you are on a tourist visa to your DIAN office at your international airport.

Looks easy to me!

12VOIP.com gives free calls to Colombia.Greg

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tomtom33 (☼Travelguide writer) says on Aug 18, 2008, 03:25:

panthdave says on Aug 18, 2008, 03:34:

Claro TomTom...I would assume there not going to make the process easy why would they when there refunding goverment funds.....Now thinking also if tourists turn in receipts of businesses that are charging IVA maybe on the reverse side they will catch businesses not making there payments for IVA>>>>> Just thought about that....or fudging sales..

panthdave Miami

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GregYohn says on Aug 18, 2008, 08:58:

Hola!

90 days is enough time to electronically send back the tax!

A company can do it in 10 seconds when you get a refund!

12VOIP.com gives free calls to Colombia.Greg

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fullpopfreddy says on Aug 19, 2008, 15:27:

I have a copy of the decree from my accountant. It came from the Ministerio De Hacienda y Credito Publico. I will give you some details of the article ( decreta ), and I will have 5 page article on my blog. It is in Spanish, but I have the main talking points in English on my blog.

Articulo 1: Devolucion del IVA a los turistas extranjeros por la compra de bienes en el territorio nacional. De confirmadad con lo previsto en el inciso premero del articulo 39 de la Ley 300 de 1996. modificado por el articulo 14 de la Ley 1101 de 2006, la Direccion de Impuestos y Aduanas Nacionales devolvera los turistas extranjeros que visiten el pais, el cien por ciento (100%) del impuesto sobre las ventas que cancelen por las compras de bienes gravados en el territorio nacional, previo el cumplimiento de los requisitos y procedimiento definidos en los articulos 4 y 7 del presente Decreto.

Articulo 2: Bienes adquiridos por turistas extranjeros que dan derecho a la devolucion del IVA. Solamente otorgan derecho a la devolucion del impuesto sobre las ventas los bienes relacionados a continuacion, adquiridos por turistas extranjeros, previo el cumplimiento de los requisitos establecidos en el presente Decreto:
- Confecciones
- Calzado
- Perfumes
- Marroquineria
- Discos compactos
- Artesanias
- Licores
- Alimentos de consumo humano
- Jugueteria
- Esmeraldas y
- Joyeria artesanal colombiana

More information and talking points can be found at:

http://frederickandnataliaslife.blogspot.com/2008/08/returning-iva-to-...

Freddy

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tomtom33 (☼Travelguide writer) says on Aug 19, 2008, 15:32:

ColombianoGringo (Moderator) (Trustee board) says on Aug 19, 2008, 15:34:

True. I just don't see them having everything necessary for this in place and functional at every international airport.

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arthur brode (☼Travelguide writer) says on Aug 19, 2008, 20:57: