Tax Refund GTS When Shopping In Singapore

As a tourist in Singapore, if you make a purchase of more than $ 100 S (including GST) at participating stores, you can claim a 7% Goods and Services Tax (GST) refund paid on your purchases.

Singapore’s electronic refund scheme (eTRS) has reduced tax recovery steps. While the normal paper return service will be available for unregistered eTRS visitors.

When registering for eTRS, you will have the choice between a credit or debit card to apply for certain promotions when shopping in Singapore. Of course, you can still buy free with other cards, but these promotions only apply to registered cards.

At the airport

To process the refund process, go to the airport’s eTRS kiosks. There are 2 kiosks at the airport, one in the check-in area and the other in the waiting area.

Here you need to scan your passport and scan the dry or eTRS cards. You then have two options: pay directly on the card or receive money.

Singapore's electronic refund service (eTRS) has reduced tax recovery steps, shooping in singapore

You will then receive written notice of your return details, please bring this type of certificate to the service counter with your purchased goods and purchase receipt.

If you do not purchase from eTRS, it is necessary to present the checks and passports received, the goods purchased and the receipts to process the refund.

Invalid invoices or invoices not showing the goods purchased will not be reimbursed.

At the store

Look for stores that have a blue sign that says “Tax-Free Shopping” or “Premier Tax-Free” to shop.

You must purchase a minimum of 100 SGD, almost equal to 64 USD. A reimbursement invoice will be sent to you by post, each day you may receive 3 tax reimbursement invoices in a store.

If the store is in an eTRS system, you will receive an eTRS card for each payment. Please keep all receipts and eTRS cards you receive so that you can return later.

If the store is not part of the eTRS system, give the passport to the inspector and request a global refund check or a refund slip. These checks should be kept with your invoice so that you can get your money back in the future.

At the tax refund counter

After registration, cc or at the Premier Tax-Free counters. The choice depends on the company you sell to, see details below.

you can collect your tax at the central reimbursement counter (eTRS), at the Global Refund counters, shopping in shingapore

The refund will go directly to your account, or in cash or vouchers for items at the airport. You will lose money for service charges.

Tax refund agencies in Singapore

Most stores in Singapore are affiliated with one of two tax refund agencies – Global Blue Singapore (+ 65-6225-6238; http://www.global-blue.com) or Premier Tax-Free (+ 65-6293-3811; http://www.premiertaxfree.com). The two agencies reimburse invoices with a value greater than 100 SGD.

Stores not affiliated with these agencies often have different minimum prices and refunds, so ask before you shop.

Exceptions and non-refundable cases

Any legal tourist over 16 can receive a refund, except in the following cases:

  • Visitors must not be Singaporean citizens or permanent residents of Singapore.
  • Visitors should not stay in Singapore for more than 365 days for 24 months before shopping.
  • Visitors should not work in Singapore for 6 months before shopping.
  • You are neither a flight crew member nor an attendant on a flight departing from Singapore.

Students with an identity card must meet these requirements and must:

  • Purchase within 4 months before the expiration of the student card.
  • Goods must be picked up from Singapore within 2 months of payment.
  • Travelers with a student card after their return must leave Singapore at least 12 months before continuing to be reimbursed.

Goods not eligible for tax refund:

  • Items used or partially used in Singapore (you cannot get a refund for an open beer can).
  • Commercial items or for advertising purposes only.
  • Goods for export.
  • Bonus items
  • Once only a maximum of 500 SGD (around 320 USD) is refunded to a person and the goods must be removed from Singapore within 2 months.
  • You will not be reimbursed if you leave Singapore by land or sea.
  • You probably don’t know it: goods bought after immigration procedures don’t include taxes, so if you don’t want cumbersome procedures, you can buy goods at the airport. Items such as perfumes, indigo oil, and branded items are no more expensive than at the center.

To find out if a store participates in the tourist reimbursement program (TRS), look for a “Tax-Free” logo or sign displayed in the store. You can also check with the retailer to see if your purchases are eligible for the GST rebate.

Places For Shopping In Changi Singapore

Changi Airport in Singapore is not only the common airport from where people take flights to all destinations, but it is also like a city in its own right. The facilities that Changi Airport provides make it the best airport in the world. Since the airport only works on international flights, you can see people mainly from other countries here at the airport. There are many things you can do at the airport while you wait for your next flight.

DFS Singapore Changi Airport

DFS Singapore at Changi Airport is a shopping mall where you will get things from the most expensive price to the cheapest price according to your preferences. It is a place that offers exciting attractions for the whole family in a safe and pleasant environment. If you’re a shopaholic, this is going to be a paradise for you and you will always remember the shopping experience you bring back from here. There are also duty-free products at affordable prices for you.

What to buy: general purchases from the most expensive brands to duty-free products.

Changi City Point

Located in the Changi Business Park area, Changi City Point is a shopping center where you can shop. You can find branded outlets of famous brands like Nike, Adidas, Lacoste, Pedro, etc. for which this mall is famous. The mall is beautiful both inside and out and the theme on which it is designed is to die for. The wet and dry playground on level 3 of the shopping center which is also a roof garden is exceptional and you will love it.

What to buy: Branded products at factory prices.

Challenger

Challenger is a duty-free shopping center at Changi Airport where you can buy different products which are exempt from local duties and taxes and therefore you get them at very cheap prices. With more than 350 stores, Challenger is one of Changi’s largest shopping centers. You can not only shop here but have the best dining experience at the restaurant which offers dishes from different cuisines. In different stores, you can buy different products of your choice and rest assured that you will have the best shopping experience of your life. The store is crowded and packed all year round because of the duty-free products it sells.

What to buy: general purchases in different stores

Eu Yan Sang

Eu Yan Sang is a retail store at Changi Airport where you can buy general items at very affordable prices. The store offers various deals and deals throughout the year which is very handy for pockets and whenever you are in Changi, be sure to check out the best deals and deals that day. From food items to gift items, kitchen items and much more, you can shop at a reduced price. There is also a special section for seniors where you can buy seniors from your home or themselves can buy as they wish.

What to buy: Grocery items

The Planet Traveler

If you are at Changi Airport, it is a sure thing that you will travel. If you are traveling and have a thing for travel accessories, The Planet Traveler is the place not to be missed. Every and every travel accessory you could think of is available in the store and no matter if you are looking for a simple travel bag or travel bag, this store has everything for you. Planet Travelers are the best in the industry and you should definitely visit them.

What to buy: Travel necessities and accessories

How To Buy A House in Singapore?

Who can buy a house in Singapore?

There are 3 main types of properties in Singapore:

HDB Apartments
Private properties
Executive condominiums (EC)
To purchase an HDB apartment, you must be a citizen of Singapore or a permanent resident (PR) – foreigners are not eligible to purchase HDB apartments.

Citizens and PRs in Singapore are free to purchase any type of private property (including apartments and bungalows) and the EC, but note certain restrictions on the ownership of HDB apartments.

What types of properties can foreigners buy in Singapore?

Foreigners can purchase private properties such as private apartments and condos, but will need government approval to purchase land properties such as bungalows.

Foreigners can only buy Executive Condominiums (EC) at least 10 years old.

Foreigners cannot buy HDB apartments in Singapore.

How much does it cost to buy a house in Singapore?

The actual cost of a home in Singapore will vary depending on many factors, including the maturity of the estate, proximity to amenities, the type and age of the property and the condition of the unit. The average price of real estate in Singapore in 2018 was US $ 874,372 (approximately S $ 1,183,025).

It is important to note that in addition to the actual price of the property, there are additional expenses to become an owner. Examples include legal fees and stamp duties, maintenance fees (conservation fees), home insurance, etc.

How much bank loan can I borrow to buy my house?

The amount you can borrow depends on the person you are borrowing from, not the property you buy.

If you are buying an HDB apartment, you can apply for an HDB concessional loan. The maximum loan-to-value ratio (LTV) for HDB home loans is 90% of the property value or the sale price, whichever is less. The remaining down payment of 10% can be financed in cash and/or with your CPF savings.

If you buy an HDB apartment and, for whatever reason, do not qualify for an HDB home loan, you can choose to take out a private bank loan. The LTV ratio for private bank loans is 75% of the property value or the sale price, whichever is less. The remaining 25% is divided into 20% which can be paid in cash and/or your CPF savings, and a mandatory cash component of 5%.

If you are considering applying for a home loan, be sure to compare the best home loan rates on a financial comparison site like SingSaver.

At what age can you buy a house in Singapore?

To buy an HDB resale apartment, the minimum age is 21, provided that you buy as part of a family nucleus. The core can include:

Spouse and children
Parents and siblings
Children in your legal care (if widowed or divorced)
If you buy an HDB resale apartment as a single person, the legal minimum age is 35 years old if you are single or divorced. If you are a widower or orphan, 21 years old.