Looking to visit the country of wine, steak, and tango? Argentina announced a travel deal that will save you quite a bit on your stay in the beautiful South American country.
Effective as of January 2, all international travelers to Argentina receive a reimbursement on the Value Added Tax (VAT) on all hotel stays and lodging. And there's no waiting or paperwork needed: you just show your passport and pay for your stay with a non-Argentinian credit or debit card, or foreign bank transfer, and the refund is direct and automatic. That's it!
The initiative is a joint agreement between the country's tax authority and the Ministry of Tourism, and it's applicable to any and all types of accommodations, whether you choose to stay at a five-star hotel in Buenos Aires, a lodge in the Parana Jungle, a camp in Patagonia, or a vineyard resort in the Uco Valley. Though no word on whether it applies to Airbnb stays; we've reached out to the company for comment and will update should we hear back.
So about how much does the refund save you? Argentina's VAT is 21 percent, one of the highest in the world. For example, four nights in a balcony suite at Buenos Aires' top-ranked Fiero Hotel would be $1,059.96 with VAT, but you can keep an additional $183.96 in your pocket now. Plus, the U.S. dollar currently equals 15.65 Argentinian pesos, so it's a good time to visit the extraordinarily beautiful nation.
This isn't the first travel bargain we've seen to boost tourism this year; the U.S. Virgin Islands are celebrating the 100th anniversary of the U.S. purchasing the islands from Denmark by giving travelers $300 to spend on historical and cultural activities once they arrive on the islands and stay for at least three full nights.