Brazilian Minister of Economy, Paulo Guedes, signed a resolution on Monday raising the limit of purchases in duty-free shops from US$ 500 to US$ 1,000. The new value for purchases from foreign and domestic airports and border free shops, starts January 1, 2020.
President Jair Bolsonaro posted on Facebook a photo of the minister as he signed the document. Bolsonaro announced the change last Thursday, but he did not have the measure ready, and there was no budget for implementation, according to the economic team.
For purchases made abroad and brought to Brazil in luggage, the current limit of US$ 500 will be maintained. This is because a Mercosur norm that dictates the rule for all countries in the bloc cannot be disrespected.
The government also increased from US$ 300 to US$ 500 the free-trade quota for land-based free-shops, in which case Paraguay and Uruguay fall.