The Argentinean President, Mauricio Macri, who took office back in December 2015, has decided to cut taxes for foreign visitors in order to boost tourism.
The government announcement in January decrees that foreign tourists will be given a refund of the Value Added Tax (VAT) for hotels and other lodging throughout Argentina. How it works is if the tourist can prove they are not Argentinean and if they pay with a foreign credit card, they will be given an automatic refund. This 21% potential reimbursement could mean overseas visitors save hundreds of dollars on their trip. Obviously the more fancy and expensive your accommodation is, the bigger the saving.
Tourist numbers to South America have been steadily increasing in recent years but this has not been the case in Argentina. Consequently the government decided to take action in order to try and buck this trend. The intention is to increase the number of international tourists by up to 100,000 each year and also create thousands of new jobs and bring in millions to Argentina’s flagging economy.
So if Argentina has always been on your bucket list it seems like there is no better time to visit than now. Have a look at Historic Haciendas for some inspiration on where to stay (and also save).
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