12 Dec 2019 - The top 0.5% of world's wealthiest shoppers account for 17% of global Tax Free Spend

Global Blue is releasing unique Tax Free Shopping data in the first study of its kind, to help the travel and retail industries better understand the world highest-spending international shoppers.

Known as international Elite shoppers, according to Global Blue's segmentation, this group travels around three times a year and spends on average €55,000 across 12 different transactions.

Study revealed how the top 0.5% of international shoppers are responsible for 17% of Tax Free Spend. Five nationalities represent 80% of this category of travellers who prioritise Europe as shopping destination

with France (36%) being the number one country worldwide, just before the UK and Italy, which both welcome 31%. Japan (21%) is Asia's premier destination, followed by Singapore (16%)

Click here to read the press release and discover all the key characteristics of these valuable travellers.