Advice on buying Rolex in Spain

[Zigzagler]

Hi all,

I’m new to this forum but definitely not new to Rolex. So i’m planning to get my first Rolex here in Barcelona and I’ve been told the tax refund is 18% when I claim it back from the global blue office at the airport. However upon checking the global blue official site calculator, it’s showing only 15.7% for a €10k purchase. So if any of you have done this can you please share your experience?
Thanks in advance!

[SeaDweller50]

Wouldn’t surprise me if there’s fees involved somewhere along the line.

[hyperlight12]

Bought one in Madrid last year - keep all your receipts. Before you check in at the airport, there's a place to get your VAT back - if you get it back in cash right there, there's a small fee - I think it's nominal. If you paid via credit card then you can get the money put back on your credit card within a few weeks time - still a small fee, but I think less. Hope that helps

[Ungucpho]

same with me in Italy, VAT is 20% and received about 15-16% back, rest was in fee's

i decided to get cash back, i didn't want to wait for a VAT refund for $12-$1300, i've had VAT forms lost in the mail before and i never received my VAT refund.

If you have to send the form off, i'd get a cash refund, if there is an agent at the window and going to refund your card on a machine, in front of you, i'd take the CC refund

[MinMay]

Different countries with diff custom tariff. You'll need to google it.

[AAVDB]

I guess the fee is pretty big. Just read yesterday that Global Blue is aiming for an ipo on the
Amsterdam stock exchange. While hq is in Swiss...

[fastman73]

Make sure you get refunded on CC, if cash you'll need to change Euros back to your home currency at one of the exchange booths and they are a rip off!

[Zigzagler]

Yes I'd definitely get the CC refund. Just not sure how soon can i get it back to my CC. I know it's the best rate but the set back is the duration.