New duty free policy - Hainan sells the cheapest iPhones, electronics, alcohol, cosmetics in China

Starting July 1, 2020, a new policy was introduced at duty free shops in Sanya Haikou cities on Hainan Island, China. the tax-free shopping quota per person per year for travelers on Hainan Island rose to 100,000 yuan from 30,000 yuan earlier, and the 8,000 yuan tax exemption limit for a single product is canceled.


There was also a significant expansion in the types of goods for duty-free trade and the addition of 7 types of goods, including electronic consumer goods, perfumes, cosmetics.


Already on the morning of July 1, 2020, mobile phones of brands such as Apple, Huawei, BOSE, etc., electronic watches, headphones and other products officially not taxed, in connection with these these goods are sold cheaper than the average price in China by 15-20%, if we take the iPhone 11 Pro Max 256G as an example, the duty-free price in Hainan is 8625 yuan, which is 2000 yuan cheaper than the price in China.


Field sales staff said that, in addition to being tax-free, buyers can also get a discount of 10% on one product and 20% on two products.


But there are limitations - the total number of single purchases of alcoholic beverages per person does not exceed 1,500 ml, the number of cosmetics products should not exceed 30 pieces per person, you can buy no more than 4 pieces of mobile phones per person, the number of other goods is unlimited and the purchased goods must be taken from Hainan at a time.


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