Tax-on free Shopping

As a visitor to Iceland, at any time you buy goods for more than 4,000 ISK in one shop, you are entitled to a partial tax refund. Participating shops usually display a Tax-Free Shopping sticker in the window.

How it works: When you buy the products in the shop you pay the complete price, but should ask for a "tax-free" form, which entitles you to a 15% refund on the goods you just bought. The money can be refunded at two places in the urban centre before you leave: at the Iceland Refund desk at the Reykjavik Tourist in sequence Centre on Adalstraeti or at the Global Refund desk at the Forex bank on Bankastraeti. You can also get your refund at Keflavik Airport when you depart.

If the amount of your refund is more than 5,000 ISK, you must have the cheque embossed by the Customs Authority Office at the airport. You may be asked to produce your purchases (with the exemption of woolen goods), so you should hold them as hand luggage.