VAT on Gold in Kuwait
Kuwait has no VAT, so gold bars and coins are untaxed. Kuwait has no VAT, so jewellery is untaxed. Today 10 grams of 24K gold cost KWD 387.14 at the world price, with no tax on investment bars and coins.
Rules checked 26 October 2026 · Prices Oct 30, 2026, 21:55 UTC · Not tax advice
Bars and coins
0%
None (no VAT)
Jewellery
0%
On n/a
Import duty
0%
none in the local price
Tourist refund
No
no refund scheme for gold
Gold in Kuwait today, with tax
KWD · Oct 30, 2026, 21:55 UTC| Weight | World price, 24K gold | Bar or coin, with tax and duty | 22K jewellery metal, with tax |
|---|---|---|---|
| 1 gram | KWD 38.71 | KWD 38.71 | KWD 35.46 |
| 1 tola | KWD 451.55 | KWD 451.55 | KWD 413.62 |
| 10 tola bar | KWD 4,515 | KWD 4,515 | KWD 4,136 |
| 1 ounce | KWD 1,204 | KWD 1,204 | KWD 1,103 |
| 100 grams | KWD 3,871 | KWD 3,871 | KWD 3,546 |
The world price at today's exchange rate, plus the tax and import duty shown above. Dealers add a premium to bars and coins, and jewellers add making charges.
The rules in Kuwait
| What you buy | Tax | Details |
|---|---|---|
| Bars and bullion coins | 0% | Kuwait has no VAT, so gold bars and coins are untaxed. None. |
| Jewellery | 0% | Kuwait has no VAT, so jewellery is untaxed. |
| Import duty | 0% | No duty is built into the dinar gram rate. Imported finished jewellery generally pays 5% GCC customs duty. |
| Tourist refund | No | Not applicable: no VAT. |
Compared with nearby countries
| Country | Bars and coins | Jewellery | Import duty |
|---|---|---|---|
| Kuwait | 0% | 0% | none |
| UAE | 0% | 5% | none |
| Saudi Arabia | 0% | 15% | none |
| Qatar | 0% | 0% | none |
| Bahrain | 0% | 10% | none |
| Oman | 0% | 5% | none |
| Egypt | 0% | 0% on the gold | none |
| South Africa | 0% | 15% | none |
| Nigeria | 7.5% | 7.5% | none |
| Kenya | 16% | 16% | none |
| Ghana | 20% | 20% | none |
VAT on Gold in Kuwait: FAQ
Is there VAT on gold in Kuwait?
Kuwait has no VAT, so gold bars and coins are untaxed. Kuwait has no VAT, so jewellery is untaxed.
Do you pay VAT on gold bars and coins in Kuwait?
Kuwait has no VAT, so gold bars and coins are untaxed. None.
Is there import duty on gold in Kuwait?
No duty is built into the dinar gram rate. Imported finished jewellery generally pays 5% GCC customs duty.
Can tourists claim back the VAT on gold in Kuwait?
No. Not applicable: no VAT.
Sources (2)
- Kuwait Times: buying gold in Kuwait (2025)
- Enterprise: Kuwait cash payment ban decrees (2026-09-04)
Related
VAT on gold in all countriesGold price in KuwaitTax on selling gold in Kuwait Where is gold cheapest?Tax on selling goldGold travel allowance
General information on the tax a private buyer pays, checked 26 October 2026. Rules change; check with the seller, the tax authority or an adviser. Not tax advice.