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Save More Money on Purchases in Mexico!

By January 5, 2017 Cities, Countries, Destinations, For Your Journey, Products
save money in mexico

Everyone is looking for a deal, and appreciative when it can save some money. It’s Even better when an offer of savings can apply to purchases regardless if they are on sale, discount, or clearance.

In Mexico, foreign tourists can receive a tax refund valued to 8.96% on many purchases, as part of a tourism initiative that was started in 2008. Despite its nearly 10 years of operation, it is still fairly unknown, which translates into millions of pesos left unclaimed as a refund to tourists who had visited Mexico.

Don’t be one of those tourists who leave money behind! Here is what you need to know, so you can take advantage of this promotion.

  1. Only those departing Mexico by Air or Sea can qualify. If you are going by Land, sorry, you can’t participate.
  2. Have a photocopy of your passport, Immigration Document, or Cruise Pass and/or boarding pass to attach to your documentation. Private charter fliers can participate if they can present a flight manifest.
  3. Purchase only from Mexican retailers who display the TAXFREE or MONEYBACK signage. If in doubt, ask before your purchase, if the retailer is a participant.
  4. Current law in Mexico requires retailers to provide an invoice (receipt) to every international visitor with itemized details of your purchase. On the invoice should be the generic tourist code: XEXX010101000
  5. Only tangible purchases, that will be carried home in your luggage can qualify. No services, lodging, dining, online, or shipped purchases are accepted.
  6. Only 3,000 pesos worth of cash purchases can be claimed, but there is no maximum with purchases made on Visa or Mastercard credit or debit cards. American Express credit cards are also acceptable.
  7. Retain all your invoices.
  8. Take your documentation, and invoices, to a refund kiosk located at the mall, cruise port, or airport. Additional paperwork will be completed and your refund submitted.

Mexico advertises that the refund will take 45-60 days, but some take over 9 months to process. The good news is that its money that was already calculated in the cost of the products you purchased, so the refund should be a benefit.

This promotion is available for use by retailers across Mexico, but you will likely only find it in destinations with many tourists. You will be able to participate in Cancun, Cozumel, Los Cabos, Puerto Vallarta, Mexico City, Riviera Maya, Riviera Nayarit, Guadalajara, Monterrey, Taxco, Acapulco, Ixtapa, Merida, Loreto, Costa Maya, Cuernavaca, Queretaro, Puebla, La Paz, Puerto Chiapas, Ensenada, Leon, Mazatlan, Toluca.

I hope that this helps you save a little more money in your travels to Mexico.

If you send me an email, I will send you, at no cost, the brochure and submission document you will need to apply for the refund.

The Brochure is available in English, Spanish, French, German, Italian, Chinese, and Japanese.

 

save money in mexico

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