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Buying Gold - Muscat or Dubai duty free?

Buying Gold - Muscat or Dubai duty free?

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Old Aug 7th 2017, 9:52 am
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Question 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.

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Old Aug 7th 2017, 10:10 am
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Default 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.
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Old Aug 7th 2017, 10:16 am
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Default Re: Buying Gold - Muscat or Dubai duty free?

Originally Posted by hnd View Post
Don't bother looking for gold in Muscat Duty Free. You're much better off looking in Dubai Duty Free.
Thanks, I just remember walking past the gold shop last time I was there and I'll be spending OMR. Cheers.
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Old Aug 7th 2017, 10:30 am
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Default 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...
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Old Aug 7th 2017, 10:31 am
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Default Re: Buying Gold - Muscat or Dubai duty free?

Originally Posted by uk_grenada View Post
Remember - if you go to the uk, while all investment gold is vat free, only british sovereigns are cgt free... It might cost you one day...
If only........... LOL!
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Old Aug 7th 2017, 10:34 am
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Default 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?
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Old Aug 7th 2017, 10:35 am
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Default Re: Buying Gold - Muscat or Dubai duty free?

31k!
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Old Aug 7th 2017, 10:36 am
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Default Re: Buying Gold - Muscat or Dubai duty free?

Originally Posted by uk_grenada View Post
31k!
Kind of........ ooopppssss.............
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