Must-Know Tax Refund Tips for Tourists β 2025 Updated Guide!

Discover essential tax refund tips for foreign tourists shopping in Korea, updated for 2025!
What Is a Tax Refund? β Benefits for Foreign Tourists

A tax refund allows foreign tourists to reclaim Value-Added Tax (VAT) on purchases made in Korea when spending over a certain amount. This system encourages tourism and helps travelers save on shopping expenses. Even non-duty-free stores offer refunds, so make the most of this benefit! πΈ
2025 Updated Refund Criteria β Purchase Amounts & Conditions

As of 2025, you qualify for a tax refund when spending over 30,000 KRW at a single store. The maximum refundable amount is up to 2 million KRW, based on your total purchases. Refunds apply only to foreign tourists staying in Korea for 90 days or less. Korean nationals are not eligible. Remember to carry your passport and review the checklist in advance! π
How to Find Eligible Stores β Where to Shop

Look for stores displaying the TAX FREE or TAX REFUND signs. Department stores, shopping malls, clothing outlets, electronics shops, and some local stores participate in the program. Always check with store staff to confirm refund eligibility. Some locations even offer instant refunds on-site! ποΈ
Instant Refund vs Airport Refund β Key Differences & Tips

There are two ways to receive your tax refund in Korea: instant refunds at the store or airport refunds upon departure. Instant refunds deduct VAT directly at checkoutβideal for smaller purchases. Airport refunds require collecting receipts and claiming the refund at the airport, recommended for larger purchases. Choose the method that best suits your spending! βοΈ
Airport Refund Procedure β Step-by-Step Guide & Requirements

1. Visit the tax refund counter inside the airport departure hall.
2. Present your receipts, passport, and purchased items.
3. If required, undergo a product inspection at a designated area.
4. After verification, receive your refund in cash or credited to your card.
Ensure items remain unused and packaged, and allow extra time at the airport for the refund process. β°
Frequently Asked Questions (FAQ) β Avoid Common Refund Mistakes

1. Can I get a refund on used items?
No, refunds apply only to unused products.
2. Can I claim a refund without a receipt?
No, receipts are mandatory. Keep them safe!
3. Is payment by card the only option?
No, both cash and card payments are accepted.
For more questions, consult staff at the refund counter. π
Smart Shopping β Tips for Maximum Refunds

1. Always carry your passport: Required for refund applications.
2. Check refund eligibility in advance: Look for TAX FREE signs.
3. Choose airport refunds for large purchases: Maximize your refund.
4. Allow extra time before departure: Refund processes may take longer than expected.
Keep these tips in mind to enjoy a smart and rewarding shopping experience in Korea! π«