General
- Culture
- Icelandic design
- Shopping
- Shopping centers
- Tax free
- About Reykjavík
- About Iceland
- History
- Natural wonders
- Videos
- Icelandic Regions
- Reykjavík
- West Iceland
- Westfjords
- North Iceland
- East & Southeast Iceland
- South & Soutwest Iceland
- Central Highlands
- Practical information
- Before you come
- On arrival
- General information
- Information centers
- F.A.Q
- Contact us
Shopping >> Tax free
Tax Free Shopping
TaxFree Shopping in Iceland - cool and sensible
Reykjavik, Iceland´s shopping capital, may very well be the best-kept secret of the cosmopolitan shopping enthusiast. Despite rumors that Reykjavik´s an expensive city, its prices are generally on a par with those in New York. And when it comes to high fashion or designer wear, Reykjavik prices are almost always more reasonable.
What gives?
Well, in Reykjavik the markup is lower, thanks to reasonably priced retail space and lower overhead. Add to this the 15% tax-free refund for tourists - off a minimum purchase of ISK 4,000 (near $45 US) - and you may wind up with some excellent buys indeed. Incidentally, price tags inn Iceland always include sales tax.