What is duty free?

In all major airports you can see shops with the sign "Duty free shop", which in English means "free trade store" or simply "duty free". What it is?

Duty free shops are duty-free shops, that is, all goods in them are not subject to taxes and duties. It turns out that making purchases in such stores is much more profitable.

The first duty free store appeared in Ireland in1947, when employees of one of the local airports noticed one curious fact. Passengers from the United States making a transfer are formally located not in Ireland, but on a "neutral territory" that does not belong to any country. Nevertheless, often the passengers spend a lot of time there and are ready to make purchases. Then there was the first store, not subject to any taxes. Since then, duty free has appeared all over the world. A duty-free shopping service provides many companies, but Ireland still holds the championship.

Duty Free is most often located at airports andat major bus stations. At airports they are in the relegation zone, but it happens that the store is located even outside the airport, but on its territory. Duty free meals are also available in airplanes. The prices in them are even lower, because there is no cost for renting premises and hiring employees. However, due to the specifics of the flight, some goods there simply can not be sold. The main goods in duty free are alcohol, cigarettes, perfumes and cosmetics, watches, souvenirs, electronics, jewelry and even confectionery.

Many Europeans, realizing what duty free fare,especially prefer to travel by airplanes to make purchases at lower prices. The most profitable purchases can be made in the duty free countries of the Far and Middle East: the profit from purchases made there reaches 50%. For some products there is even a limit - no more than ten pieces in one hand.

Also you may be interested in the article. How much alcohol is sold.