Is It Cheaper To Buy Diamonds In South Africa Here

: International visitors can reclaim 15% VAT at the airport. Ensure your invoice has your full name and passport number if the purchase is over R5,000.

Buying diamonds in South Africa can be cheaper than in Europe or North America, but it isn't a guaranteed bargain just because you're near the mines. While South Africa is a major producer, diamond pricing is strictly tied to international benchmarks like the Rapaport Diamond Report , meaning a certified stone has a similar base value worldwide. However, international visitors often find significant savings through and the ability to claim a 15% Value Added Tax (VAT) refund upon departure. The Story of "The Cape Town Sparkle" is it cheaper to buy diamonds in south africa

Her jeweler, a specialist at Shimansky , explained why her British Pounds were going so much further: : International visitors can reclaim 15% VAT at the airport

Clara stood at the V&A Waterfront in Cape Town, her eyes fixed on a shimmering 1-carat round brilliant diamond. She had done her homework back in London and knew that a GIA-certified stone of this quality usually cost thousands more than what was on the price tag in front of her. While South Africa is a major producer, diamond