Buying Gold - Muscat or Dubai duty free?
#1
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Joined: Jun 2017
Posts: 19
Buying Gold - Muscat or Dubai duty free?
Hi all, as per the title really. I am passing through both Dubai and Muscat airports in a couple of weeks time. Having a few Omani Riyals spare in my bank account I was wondering about buying a couple or three gold sovereigns (or similar). Any advice regarding what the best option would be? I can't see there being a big difference, but maybe you know differently? Thanks.
Bloggs.
Bloggs.
#2
Re: Buying Gold - Muscat or Dubai duty free?
Don't bother looking for gold in Muscat Duty Free. You're much better off looking in Dubai Duty Free.
#4
I still dont believe it..
Joined: Oct 2013
Location: 12 degrees north
Posts: 2,777
Re: Buying Gold - Muscat or Dubai duty free?
Remember - if you go to the uk, while all investment gold is vat free, only british mint coins like sovereigns are cgt free... It might cost you one day...
#6
I still dont believe it..
Joined: Oct 2013
Location: 12 degrees north
Posts: 2,777
Re: Buying Gold - Muscat or Dubai duty free?
Actually brings to mind something that happened to me about 20 old years ago, I too was going through Dubai airport and looked to the shiny Gold available for sale, I thought I could just buy myself a kilo on my credit card to get back to the UK, at that time they were 7000 pounds, I didn't, I missed an opportunity, what are they now about 20 something thousand?
#7
I still dont believe it..
Joined: Oct 2013
Location: 12 degrees north
Posts: 2,777
Re: Buying Gold - Muscat or Dubai duty free?
31k!