Swiss opportunities to shop Tax-Free in France
Switzerland is not part of the European Union (EU). This is exciting because the country borders multiple EU countries, most notably France. Many Swiss residents travel across the Swiss-French border daily, either for work, leisure or shopping. Swiss residents have the right to claim VAT refunds on purchases made in France. An opportunity that few take advantage of. Here are three great reasons Swiss residents should shop Tax Free in France.
1. Shop Tax Free with lower prices:
It is common knowledge that the cost of living in Switzerland is significantly higher than many countries. It is for this reason that so many people participate in cross-border shopping. For example, food is on average 38% cheaper in France than Switzerland, alcohol 18%, cosmetics 31%, and clothing 23%. However, the process of getting VAT refunded on purchases made in France has been complicated in the past. The complex process discourages many shoppers from even trying. Woonivers provides revolutionary and innovative technologies to change this. The Tax Free shopping experience has been made entirely digital. not only simplifying, but also speeding up the reimbursement process.
2.Simple Refund Process:
As mentioned in the previous paragraph, Woonivers has made the Tax Free reimbursement process 100% digital. What does this mean? All you have to do is upload your information such as passport and proof of residence and submit photos of your purchase invoice(s). You receive your refunds when you return to Switzerland! It is that simple! This application works directly from your smartphone, and once your profile is set up, the process becomes much easier.
3. New purchase threshold:
Since January 1st, 2021, the minimum purchase amount to be eligible for Tax-Free shopping in France dropped to €100.01. Including tax. Prior to this change, the minimum was set at €175.01 – a significant decrease, which incentivizes more foreigners to take advantage of these Tax Free benefits. Crossing the French-Swiss border to shop means you can save hundreds and even thousands of euros a month on groceries, clothes, and more! It is a win-win both for Swiss residents and French businesses and the economy.
For some cool recommendations from travelers of French cities and destinations close to the Switzerland, click here !
For more information on Tax Free and Woonivers, please click here .