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ROLEXROLEXROLEXROLEXROLEXROLEX
ROLEXROLEXROLEXROLEXROLEXROLEX
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#31 |
"TRF" Member
Join Date: Nov 2018
Location: Europe
Posts: 3,348
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#32 | |
"TRF" Member
Join Date: Feb 2008
Real Name: Chris
Location: .
Watch: Daytonas/Subs/GMTs
Posts: 12,609
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Quote:
I pay 15% VAT,the foreigner claims it back at the airport,which is lost revenue for the country of sale . Of course, the foreigner does not declare it when arriving in his own country . So ,we see a lot of "I am on vacation " threads and want to buy Rolex . Like the locals there are'nt buying it themselves ! ![]() |
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#33 |
"TRF" Member
Join Date: Feb 2008
Real Name: Chris
Location: .
Watch: Daytonas/Subs/GMTs
Posts: 12,609
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#34 | |
"TRF" Member
Join Date: Mar 2022
Location: North America
Watch: GMT II BLRO 126710
Posts: 35
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Quote:
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#35 |
"TRF" Member
Join Date: Jul 2013
Location: NJ
Posts: 441
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I was traveling with a colleague and we both purchased watches in Switzerland. I declared, and paid 2.5%. He did not, they found his box and receipt, and he lost his global entry privileges + paid a penalty. Not worth it. Declare it, they may waive the duty, and if not, the rate is usually pretty low.
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#36 | |
"TRF" Member
Join Date: Mar 2022
Location: North America
Watch: GMT II BLRO 126710
Posts: 35
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Quote:
It is stupid and risky to not declare and have the box with you. The price of losing global entry privileges is not worth the money u pay extra for duties. Now if there was a way to not travel with the box and the box somehow arrives filled with candies and a birthday card addressed to someone else other than yourself...In the mail to your home..that is a different story. Sent from my SM-N975U1 using Tapatalk |
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#37 |
"TRF" Member
Join Date: Apr 2015
Posts: 2
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Interesting opinions here.
I can only talk of 3 experiences bringing back a watch to the US 1. Bought a new watch with box and papers 2. Claimed my VAT exemption outside the US 3. Wore the watch on my wrist with box on my carryon 4. Declared the value of the watch minus VAT as total I spent In three cases the customs agent did not even look twice and told me to go on. The watches were 6k, 12k and 16k. IMO not declaring is not worth the risk. |
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#38 |
Banned
Join Date: Mar 2021
Location: US
Posts: 71
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...but is he really inquiring about how best to invade tax?
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#39 |
TRF Moderator & 2024 SUBMARINER Patron
Join Date: May 2007
Real Name: Larry
Location: Mojave Desert
Watch: GMT's
Posts: 43,346
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Evading taxes, and importing a watch into your own country without declaring it is a crime.
TRF should not be endorsing anybody who intends to skirt or break import law, and since this is an open Forum, folks are pretty dumb telling somebody to do so and "he should be alright". Buying and paying taxes in one country does not address any import or duty taxes due when you enter (import) your watch into your own or another country.
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(Chill ... It's just a watch Forum.....) NAWCC Member |
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#40 |
2024 Pledge Member
Join Date: Jan 2022
Location: Canada
Watch: Sub| DJ41| 79540
Posts: 1,317
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Can the AD ship the box to your home? Wear the watch back. Anyways I would suggest declaring the watch. Not worth the hassle.
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#41 |
"TRF" Member
Join Date: Oct 2017
Location: East coast
Posts: 6,645
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There will be many womens datejusts waiting for your arrival!!!!!! Have fun buy them all!!!!
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#42 | |
"TRF" Member
Join Date: Jun 2022
Location: Planet Earth
Watch: 5164R-5167R-5107R
Posts: 338
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Quote:
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#43 |
2024 Pledge Member
Join Date: Mar 2017
Location: United States
Watch: Rolex and Patek
Posts: 10,983
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Just declare the watch. Duties into US, on the value, should be about $300 based upon my experiences. I do not believe there are any offsets of other taxes against duties assessed coming into US.
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#44 |
"TRF" Member
Join Date: Oct 2008
Location: Tejas
Watch: Various
Posts: 5,082
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#45 |
"TRF" Member
Join Date: Nov 2019
Real Name: Vic
Location: Spain
Watch: SD43
Posts: 6,066
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I don't know about the US, but in my country anything I buy and bring from outside the EU into Spain must be declared. If I don't do it and get caught, I must pay a fine on top of the sales tax (21%) and admin fees. Taking an empty box and papers in your luggage with you while not declaring is one way of getting caught.
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#46 |
"TRF" Member
Join Date: Jan 2013
Location: USA
Posts: 1,059
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Does Peru even have VAT refunds?
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#47 |
2024 Pledge Member
Join Date: Dec 2018
Real Name: Frank
Location: Dallas,NY,Colo.
Watch: Patek 5168, 5170P
Posts: 2,509
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Is there a connection between people that can afford to buy expensive watches and those who promote illegal import of goods purchased abroad? Maybe so.
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#48 |
"TRF" Member
Join Date: May 2011
Location: NYC
Posts: 547
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Same, honesty and respect goes a long way. I’ve seen things escalate quickly for those who aren’t, person ahead of me last entry was on cell phone was told to hang up and then started texting. Officer then asked to see receipts for any purchases and took them for a walk.
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#49 |
"TRF" Member
Join Date: Jan 2013
Location: USA
Posts: 1,059
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#50 | |
"TRF" Member
Join Date: Aug 2016
Location: Europe
Posts: 126
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Quote:
If they catch you you pay a huge fine. You can google Rummenigge (famous German seoccer player) and rolex smuggle.
__________________
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#51 |
"TRF" Member
Join Date: Jan 2013
Location: USA
Posts: 1,059
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I bet a lot of watch smuggling goes on in Europe with trains.
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#52 | |
"TRF" Member
Join Date: Jan 2013
Location: USA
Posts: 1,059
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Quote:
Also how would they even know you have a Rolex box in your luggage? An X-ray wouldn't reveal the brand. |
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#53 |
"TRF" Member
Join Date: Apr 2010
Location: USA
Watch: RolexPatekCartier
Posts: 2,338
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Declare it,
they will probably not charge tax
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#54 | |
"TRF" Member
Join Date: Aug 2022
Real Name: Filip
Location: 127.0.0.1
Watch: 124060, BB Pro
Posts: 69
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Quote:
We can buy in other EU countries and not declare purchase in our home country within EU. I am not 100% sure for Swiss but I believe the same applies. UK to EU is now a bit different. Unless you are smuggling from Instabul on Orient express… For locals, Croatian customs/border control can be pretty much terrible almost every time when you return from countries outside EU; they will open up your luggage and go through it, ask about your laptop, watch, jewelry, basically anything that they find of value and generaly treat you like a smuggler. On one instance guy "accused" me that I have bought my MacBook pro and other photo equipment I had on me. Untill I opened the lid and showed him a keyboard with Croatian diacritics on it… |
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#55 |
2024 Pledge Member
Join Date: Jun 2014
Real Name: Ben
Location: Valley of the Sun
Watch: 126331 126610 3861
Posts: 3,235
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Make sure you bring money for the fine and / or attorney needed when you break the law.
Make sure you tell the Customs Agents who are questioning you that you received some great guidance on all of this on an Internet watch forum and you're pretty sure you are in the right. That should help. |
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#56 |
"TRF" Member
Join Date: Oct 2008
Location: Tejas
Watch: Various
Posts: 5,082
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#57 |
2024 Pledge Member
Join Date: Jul 2022
Location: Budapest, HU
Watch: 17000B, B+W
Posts: 2,165
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Nope. Switzerland is not part of the EEA, so this country acts as a de facto third country for EU customs authorities. However, since Iceland, Liechtenstein and Norway are part of the EEA, and Monaco has another agreement with the EU, so these countries form the duty-free zone in Europe.
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#58 | |
"TRF" Member
Join Date: Feb 2017
Location: USA <> BKK
Posts: 5,912
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Quote:
There's some really weird comments in this thread. |
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#59 |
"TRF" Member
Join Date: Feb 2017
Location: USA <> BKK
Posts: 5,912
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Germany was horrible when I lived there (in a Zoll sense). A lot of countries will just take your word for it if you declare a package for say, 250eur. EVERY package I imported there would get flagged to the Zoll office, they would ignore the value, and I'd have to open the package in front of the them. I then provide an official invoice for appropriate value, and even THEN if they didn't believe me, they'd google eBay completed auctions to see the actual value of said stuff. It was absolutely insane how much time they'd put into making sure they got every penny.
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#60 | |
Banned
Join Date: Mar 2021
Location: Motherland
Posts: 197
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Quote:
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