In the history of thousands of years of human civilization, the thing that man has cherished is gold! This craze for gold has made gold one of the most valuable metals in the world. This is the reason why gold is also called the companion of difficult days. In the world, after oil, the most money is invested in gold. Then it will be interesting for you to know in which country gold is cheap. And how much gold can be brought to India.
Gold craze is not only in India but in many countries of the world. We all must have seen pictures of Dubai in newspapers magazines or on TV, where the shops are full of jewelry. In such a situation, the question must arise in your mind that is gold so cheap there? yes…. In many countries of the world, gold prices are up to 15 percent lower than in India. Let’s know about these countries.
Dubai
Hardly any other country can compete with Dubai when it comes to cheap gold. A major tourist hub in the world, Dubai is also a major gold hub. The government here does not impose any tax on gold. This is also a major reason for finding cheap gold here. Here Deira is a place where the Gold Souk area is considered to be the hub of gold shopping.
Switzerland
Hearing the name Switzerland, you must have thought of Swiss Bank, but Switzerland is also famous worldwide for gold. Swiss watches is known for its designer golden watches. There is a good gold business in this country. People can get good and cheap gold in the city of Zurich, Switzerland. You get a lot of variety here with handmade designer jewelry.
Hong Kong
Hong Kong, once a British colony, also has plenty of tax breaks. In such a situation, this autonomous region of China is also famous worldwide for buying gold. In Hong Kong you can find gold at a very low price. It is known to be one of the most active gold trading markets in the world.
Thailand
Known for its beautiful beaches and tourist hubs, Thailand is also a center for cheap gold, just like Dubai. You can buy good quality gold at low prices in Bangkok, Thailand. Yaworat Road is one of the most preferred places to buy gold in Chinatown, Thailand. Here you get gold in very low margin and good variety.
How much gold can you bring to India?
The question is whether you can buy gold cheaply from Thailand to Dubai. But you should also consider the amount of tax to be paid on whether the gold purchased abroad can be brought into India. The central government has strict control over bringing gold coins, ornaments etc. into the country. Guidelines for tourists have been issued by Central Indirect Taxes and Customs under the Ministry of Finance. This tells you how much gold you can bring from abroad.