No. 17 - Its Gran Canaria Magazine

74
SHOPPING I DE COMPRAS Nº 17
Gran Canaria, your perfect shopping destination
Centro Comercial El Tablero
Gran Canaria has 34 shopping centres, making the
island the third Spanish province in terms of number
of shopping centres, trailing only behind Madrid
and Barcelona. This plethora of shopping centres is
fundamentally due to the sheer number of stores
and famous brand names who are keen to set up
business on the island and make their products
more readily available at much more competitive
prices than in the rest of Europe.
Around 15 million tourists visit the Canary Islands every
year. Together with the local population and tax
breaks, the islands constitute a veritable oasis for
shoppers. Make no mistake, alongside the sun and
beach, shopping at great prices has been one of the
keys to the tourist success story in Gran Canaria.
The different local tax system is a great advantage
when it comes to shopping in Gran Canaria. It means
that products are discounted in price compared to
other places throughout the year. While in the rest
of Europe shoppers pay an average of 21.48 % VAT,
in the Canaries they enjoy a fiscal system known as
IGIC which has a standard rate of 7 %, a reduced rate
of 3 % and an IGIC super reduced rate of 0 % for basic
necessities.
This difference in tax rates is applied in the Canary
Islands for two reasons: firstly, as a compensation
formula due to the islands’ remoteness from the
European continent and secondly, due to its island
situation, as Gran Canaria has to import the great
majority of products it consumes.
Recommended purchases
You can basically buy anything you wish when you
visit the island, but there are some products that
are undoubtedly far cheaper than your own country,
such as perfumes and cosmetics, tobacco, alcoholic
beverages, sunglasses, sports gear, handbags,
shoes, telephones and electrical goods in general,
textiles and fashion, souvenirs and crafts, and the
island’s unique gastronomy range.
Places to come shopping
You are on an island that is packed with stores
and shopping centres. Wherever you venture
out and about, you are likely to come across a
good number of establishments that will be
of great interest. Even so, if you are staying
around the tourist resorts of Playa del Inglés and
Maspalomas, you are recommended to go along
to Paseo Comercial Boulevard Faro in Maspalomas
(next to the beach’s famous lighthouse), El
Tablero Shopping Centre and Yumbo Shopping
Centre, the latter being famous the world over
for bringing in a large part of LGTB tourism.
At the tourist resort of Mogán, specifically at Playa
de Puerto Rico, a highly recommended place
to head to is the recently opened and stunning
Mogan Mall, a truly amazing large-size shopping
centre. Just along from there is The Market Puerto
Rico, another shopping area with vertical gardens
where, among other things, the best of the
island’s gastronomy is available.
In the city of Las Palmas de Gran Canaria it is
worth making a beeline for Calle Mayor de Triana,
a pedestrian street with shops that have
been around for generations alongside other
businesses and modern day franchise outlets. It
provides a pleasant stroll around the city’s most
emblematic buildings, just a few metres from the
district of Vegueta (the oldest and most charming
area of Las Palmas de Gran Canaria). Among
the most important outlets here is the famous
Sabina perfumery, the pioneering perfume store
in the Canaries, together with cafeterias, restaurants,
and the finest fashion stores. At the same
time, in the port area we can go to the famous
Calle de José Mesa y López, lined with the top
fashion outlets and El Corte Inglés department
store.
In the area of Santa Catalina Park and surrounding
streets we can find the best electronics
shops. Our walk around here ends at the important
maritime port of Las Palmas de Gran Canaria.
What can we pack with our luggage?
Yes, prices are unbeatable and there is a great
temptation to pack our cases full of goodies,
but there are limitations in force on transporting
products back to your home country. However,
it is also important to know that these amounts
are on a person by person basis, and so, if you are
travelling with a partner or with the family, these
figures are multiplied by the number of people
travelling together:
■
■
■
Cash: €10,000 or their equivalent in other
currencies.
Perfumes and cosmetics: 1 litre. It should be
remembered that if you are carrying it in your
hand luggage it cannot exceed 100 millilitres
per bottle, although we have a handy tip for
this. You can take 10 units of 100 ml or 20
units of 50 ml or 33 units of 30 ml, always up
to a maximum of 1 litre.
Clothing, fashion, shoes, sunglasses, sports
gear: Limits are set by the airline you are travelling
with. The main problem is weight or
the number of the bags you need to check
in. If you exceed the weight limit, your airline
may charge you extra. You are recommended
to check with your airline first.
■ Tobacco: 200 cigarettes or a carton of 10
packets, 50 cigars or 100 slim cigars or 250
grams of roll-your-own tobacco.
■
Alcoholic beverages: If alcohol content is
greater than 22°, one litre. If it is under 22°, 2 litres.
Wine, 4 litres. Beer, 16 litres. But remember
that these quantities must be checked
in, as hand luggage is limited to small 100 ml
bottles.
VAT COMPARISON CHART BY EUROPEAN COUNTRIES
COUNTRY GENERAL VAT RATE GENERAL IGIC RATE REDUCED IGIC RATE
Canary Islands - 7% 3%
United Kingdom 20%
Germany 19%
Italy 22%
France 20%
Ireland 23%
Holland 21%
Poland 23%
Sweden 25%
Denmark 25%
Belgium 21%
Spain 21%
One last piece of advice: don’t wait until the
last minute to grab last-minute bargains. Most
products are much cheaper on the island’s shops
than in the airport’s Duty Free shops. As you are
well aware, last minute decisions tend not to be
the best decisions.
Zona Calle Mayor de Triana