Malaysia year end sale, make most of it with Tourist Refund Scheme

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As the last quarter of the year approaches, Malaysia gears up to boost its shopping experience with some never-seen-before shopping offers. Malaysia has three major shopping seasons in a year, including 1 Malaysia Grand Prix, 1 Malaysia Sale Carnival and the Grand Year End Sale. To boost the grand retail finish and retain customer confidence, Malaysia brings forth the exclusive Tourist Refund Scheme.

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According to a survey conducted recently by Tourism Malaysia, tourists spend maximum on shopping and the country witnesses dedicated tourists for shopping across key market hubs. The survey shows that tourist expenditure on shopping took the top spot from accommodation as travel component for the first quarter of 2015, with an increase of 10.8% to RM4.9 billion against the same period last year.

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Royal Malaysian Customs Department (RMCD) has appointed IRIS Global Blue TRS Malaysia SDN BHDto implement the Tourist Refund Scheme which allows the shoppers to claim refunds from the participating 400 retailers across key shopping destination. With a minimum spend of MYR 300, customers can ask for GST Refund Form. In order to avail refunds, the customer simply has to present the Refund Form along with passport and with a simple verification process, the refund can be claimed before departure from the country. Customers may combine receipts from the same Approved Outlet over a three month period prior to their departure from Malaysia.

Eligible overseas tourists are allowed to claim tax refund on goods purchased and brought out of Malaysia via airfrom these airports where the approved refund points are located:

  • Kuala Lumpur International Airport and Kuala Lumpur International Airport 2
  • International Airport in Senai, Johor
  • International Airport in Kota Kinabalu, Sabah
  • International Airport in Kuching, Sarawak
  • Bayan Lepas, Penang International Airport
  • Sultan Ahmad Shah, Pahang International Airport
  • Sultan Aziz Shah, Selangor International Airport (Subang Airport)

With more than 350 shopping malls offering more than 100 million square feet of nettlettable area, shopping has been the most lucrative component of Malaysia tourism. Flexible norms and favourable exchange rates have helped Malaysia become the second best shopping destination in Asia Pacific region. Among the top 10 biggest shopping malls around the world, Malaysia has three of them including 1Utama, Mid Valley Megamall & Sunway Pyramid. With such customer friendly environment, Malaysia enjoys the presence of some of the best international brands in fashion, accessories, leisure, health and beauty including Algner, Armani Exchange, H&M, Banana Republic, Burberry, Calvin Klein, DKNY, Canali, Bvlgari, Canali, Coach, Cartier, Chopard, De Beers, Pandora, Longines, Montblanc, Rolex, Tissot, Tifany& MAC to name a few,

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 MALAYSIA TOURISM PROMOTION BOARD OR TOURISM MALAYSIA is an agency under the Ministry of Tourism & Culture, Malaysia. Tourism Malaysia focuses on the specific task of promoting Malaysia at all levels. Since its inception, Tourism Malaysia has grown by leaps and bounds and it has emerged as a major player in the international tourism scene. In 2014, Malaysia registered 27.4 million tourist arrivals and RM72 billion in receipts, making tourism its second largest foreign exchange earner.

Malaysia celebrated its fourth VISIT MALAYSIA YEAR (VMY) in 2014 with the theme “Celebrating 1Malaysia Truly Asia”. The promotion of the country continues with the MALAYSIA YEAR OF FESTIVALS (MyFEST) campaign in 2015 with the theme “Endless Celebrations” emphasising the various festivals celebrated by its multicultural society. Both campaigns are key drivers towards achieving the country’s target of 36 million tourist arrivals and RM168 billion in receipts by 2020, as outlined in the Tourism NKEA (National Key Economic Area).    

Through the Tourism NKEA, collaborative efforts between the Ministry of Tourism and Culture, other Government agencies and the private sector have been enhanced to help secure Malaysia’s position as a leading tourist destination. The targets set under the Tourism NKEA will be achieved through the implementation of twelve Entry Point Projects (EPPs) clustered under five themes: Affordable Luxury; Nature Adventure; Family Fun; Events, Entertainment, Spa and Sports; and Business Tourism. 

 

2 thoughts on “Malaysia year end sale, make most of it with Tourist Refund Scheme”

    1. Hi Kalpana I visited last year, I must tell you I got some great bargains in very little sums. Malls are awesome, brands sales are most genuine. Great food, great ambience, good fun!

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