Tax Rebate

[shuseido]

Thank you all.

So can I say that he must be coming in as a tourist and also go back by Changi Airport.

Tax rebate will be less than 7% as there is an admin fee to be paid

If he worked in SG before, his permit must be cancelled at least 6months ago.

[cantom0507]

Thanks for information provided.

[cantom0507]

Any ideas for submariner sports models should get in Singapore or milan for a better price.

[bensg]

so best is found out the prices of local AD 1st before the overseas trip so when at overseas AD can know whether good buy or not.

[Gigarex]

Recently, on my trip to Frankfurt, I went to my fav AD and managed to get a 2-tone Rolex Datejust 26mm for my mom. After the tax rebate of around 14.5%, and the in-house discount was a further 10%. I ended up paying close to $9,600 (Euro exchange was at SGD$1.71 and factoring in the credit card charges and exchange rates) and thought I had a very good deal. Last week, I went to a local AD to check out on another watch and saw the same piece. I asked for a price quote (I have not even started negotiating for further discounts) and was told it cost SGD$9,500.

After all the trouble of getting from overseas, I realised sometimes, the best deals are still back home here in SG.
This is especially true for Rollie dress watches. For sports models like Sub, GMT, DSSD or Daytona, I think the price is still fairly attractive to try getting it from Europe.

[finkdachef]

agreed

[stressed]

Wow, thanks for the insight. Not a transparent transaction man

[ijrules]

why bother with SG? if he get a chance, buy from europe with the weak exchange and VAT refund. Better than HK even...

[jasonpham]

in aus u can get 10% off
hehhe

[Watcha]

Buying from shops inside = Less work to claim tax and full 7%.

However,
Minimum chance of getting any popular models as anyone can buy.

No discount. The models you can find inside are the ones you can get discounts outside.

[sshark]

Wouldn't it be better to buy (provided the models wanted are available) from the shops inside the airport where they take out 7% from the price tag? No?

[leoleo]

Thank you all.

So can I say that he must be coming in as a tourist and also go back by Changi Airport.

Tax rebate will be less than 7% as there is an admin fee to be paid

[Boo]

16k watch took back 930. noted.

[3131T]

Yes, only if he/she is leaving via Changi. You'll probably end up getting 5.5% approx of the tax, a big chunk goes to the duty free company providing this service.

Btw, wat my understanding is not 5.5% minus admin charges. The admin charges is something like a flat rate n not in percentage.

Meaning, It all depends on how much is the watch.

For example a $10k watch rebate is $700, admin charges is $150, so cash back is $550 which turn up to 5.5%...

If watch is $30k, rebate is $2100, admin charges $150, so cash back $1950, then rabate is 6.5%...

maybe other bros can share their experience...

[3131T]

And make sure he must be a tourist position... No watever permit he is holding...