i am thinking of buying some gold, i have been told that buying gold from saudia arabia or dubai would be alot cheaper. However i dont know how i will be bringing gold back can i bring gold back in luggage?
or will i get shafted with taxes?
2007-04-16 02:44:59 · 7 answers · asked by king kong 1 in Travel ➔ Africa & Middle East ➔ United Arab Emirates
If you are going to buy solid gold, Saudi is better, or if you are looking for jewelry Dubai is best, wide collection and reasonable making charge. Both the countries will not levy any taxes to buyers, but it is recommendable to keep the invoice/sales voucher while leaving the country to avoid any queries at the airport.
Hope the above information will help.
2007-04-16 04:41:52 · answer #1 · answered by Zain 7 · 2⤊ 0⤋
Cheapest Gold In Dubai
2016-12-16 19:51:51 · answer #2 · answered by Anonymous · 0⤊ 0⤋
It really depends on what type of gold you want, jewelry is cheaper in Dubai, however, the gold weight rate is internationally set. you are buying cheaper in Dubai as manfuacter labour costs are lower, hence that saving is passed on to the purchaser. When you carry your gold into UK, DO NOT i repete DO NOT carry your gold in your suit case!!!!! I have had very expensive jewelery stolen from my case and yes i felt like a complete idiot for putting in in the case in the first place!!!. Carry it on your person keep your recipts, the chances of you getting stopped coming through customs is minimal.
If you are planning to sell your purchase in the UK, you will only be able to sell at the international gold weight rate. workmanship gets you nothing, zip, nada, zero. I tried this with a diamond bracelet that was valued @ three times the price i bought it, i tried to sell it in many places to be offered what i paid for it.... The advice i was given, to get the best price for it was to advertise it privately... opening my self up to burglary me thinks.
2007-04-16 07:00:23 · answer #3 · answered by Chris DXB 1 · 0⤊ 0⤋
It depends how much you are going to buy!!!!! (Except you cannot go to SA unless you work there/have a visa)Both places are the same - gold price is set at a daily rate and you buy a piece of jewellery by its weight, Prices are much better than the UK as are diamonds! Valuation in UK for diamonds tends to be 2 - 3 times price paid in Dubai but watch who you buy from!
2007-04-16 03:45:24 · answer #4 · answered by Flora 1 · 0⤊ 0⤋
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2016-11-24 22:17:12 · answer #5 · answered by kudro 4 · 0⤊ 0⤋
I have bought in both, the price is similar. If you exit Saudi Arabia, make sure you do not leave with more than 60,000Sar and have your receipts and you will not have a problem. Keep your gold on your person.
2014-11-03 00:29:02 · answer #6 · answered by Steven 1 · 0⤊ 0⤋
Gold is cheaper in both the countries, Difference in between the rates are minimal. Both the countries do not levy any taxes and hence the rates are lesser as compared to other nations.
2016-07-05 00:36:55 · answer #7 · answered by raymond 2 · 0⤊ 0⤋